8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $748M | $7M | 64.3% | 0.3% | — | $337M | $314M |
| 2024 | $667M | -$53M | 63.9% | -0.3% | $93M | $335M | $296M |
| 2023 | $572M | -$13M | 60.9% | -3.1% | — | $47M | $68M |
| 2022 | $492M | -$12M | 60.7% | -1.6% | — | $49M | $92M |
| 2021 | $426M | -$2M | 62.0% | -0.7% | — | — | $73M |
| 2020 | $375M | -$75M | 55.9% | -28.0% | — | $1M | $303M |
| 2019 | $322M | $31M | 65.7% | 9.9% | — | $51M | $76M |
| 2018 | $272M | -$6M | 64.9% | -1.0% | — | — | $56M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $197M | -$3M | 63.5% | -5.4% | $16M | $338M | $252M |
| Dec '25 | $195M | -$7M | 64.8% | -1.3% | — | $337M | $314M |
| Sep '25 | $192M | $4M | 63.1% | 2.2% | — | $337M | $314M |
| Jun '25 | $185M | -$961000 | 65.7% | -2.1% | — | $336M | $284M |
| Mar '25 | $177M | $11M | 63.8% | 2.5% | — | $336M | $270M |
| Dec '24 | $178M | -$68M | 65.6% | -7.3% | $41M | $335M | $296M |
| Sep '24 | $170M | $7M | 64.8% | 2.9% | -$24M | $335M | $279M |
| Jun '24 | $161M | $5M | 63.7% | 4.7% | — | $334M | $326M |
| Mar '24 | $157M | $3M | 61.1% | -1.0% | — | $46M | $56M |
| Dec '23 | $155M | $15M | 60.4% | -1.6% | — | $47M | $68M |
| Sep '23 | $145M | -$3M | 60.8% | -1.4% | — | $47M | $49M |
| Jun '23 | $140M | -$7M | 61.4% | -2.9% | — | $48M | $42M |
| Mar '23 | $133M | -$18M | 61.0% | -6.7% | — | $49M | $69M |
| Dec '22 | $131M | -$5M | 62.3% | -2.6% | — | $49M | $92M |
| Sep '22 | $126M | -$1M | 59.9% | -0.7% | — | $49M | $72M |
| Jun '22 | $119M | -$6M | 59.6% | -3.6% | — | $50M | $86M |
| Mar '22 | $115M | -$334000 | 61.0% | 0.4% | — | $50M | $97M |
| Dec '21 | $112M | -$627000 | 60.9% | -0.0% | — | — | $73M |
| Sep '21 | $111M | -$4M | 60.3% | -3.3% | — | — | $47M |
| Jun '21 | $105M | $808000 | 64.4% | -1.4% | — | — | $102M |
How the market has priced VERX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Vertex, Inc.'s revenue has grown 14.8% per year. These are computed facts, not advice.
As of FY2025, Vertex, Inc. reported $337M of total debt against $314M of cash.
In FY2025, gross margin was 64.3%, operating margin 0.3%, and net margin 1.0%.
As of Jun '26, Vertex, Inc. traded at a price-to-earnings ratio of about 39.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.