Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. has a strategic collaboration with xSuite Group GmbH to support SAP customers. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $748M | $86M | $7M | $48M | 2.8% | 12.2% | -113.7% |
| 2024 | $667M | $102M | $-53M | $78M | -29.4% | 16.5% | 302.7% |
| 2023 | $572M | $57M | $-13M | $6M | -5.2% | 16.4% | 6.4% |
| 2022 | $492M | $53M | $-12M | $3M | -5.4% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 748.44 |
| Operating Revenue | 748.44 |
| Cost Of Revenue | 266.84 |
| Gross Profit | 481.60 |
| Operating Expense | 496.27 |
| Research And Development | 83.72 |
| Selling General And Administration | 375.17 |
| Total Expenses | 763.11 |
| Operating Income | -14.67 |
| Total Operating Income As Reported | 2.33 |
| EBITDA | 86 |
| Normalized EBITDA | 69 |
| EBIT | -14.67 |
| Interest Income | 5.25 |
| Interest Expense | - |
| Net Interest Income | 5.25 |
| Other Income Expense | 17 |
| Interest Income Non Operating | 5.25 |
| Interest Expense Non Operating | - |
| Net Non Operating Interest Income Expense | 5.25 |
| Pretax Income | 7.58 |
| Tax Provision | 0.37 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0.83 |
| Net Income Continuous Operations | 7.21 |
| Net Income From Continuing And Discontinued Operation | 7.21 |
| Net Income From Continuing Operation Net Minority Interest | 7.21 |
| Net Income | 7.21 |
| Net Income Common Stockholders | 7.21 |
| Net Income Including Noncontrolling Interests | 7.21 |
| Normalized Income | -8.96 |
| Diluted NI Availto Com Stockholders | 7.21 |
| Basic Average Shares | 158.93 |
| Diluted Average Shares | 162.42 |
| Reconciled Depreciation | 100.67 |
| Reconciled Cost Of Revenue | 190.99 |
| Total Unusual Items | 17 |
| Total Unusual Items Excluding Goodwill | 17 |
| Special Income Charges | 17 |
| Restructuring And Mergern Acquisition | -17 |
| Depreciation Amortization Depletion Income Statement | 24.81 |
| Depreciation And Amortization In Income Statement | 24.81 |
| General And Administrative Expense | 178.68 |
| Other Gand A | 178.68 |
| Other Operating Expenses | 12.57 |
| Selling And Marketing Expense | 196.49 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Vertex, Inc.this co. | VERX | $2.1B | 295.31↑ premium | 8.22 | 2.8% | 25.19 |
| Bandwidth Inc. | BAND | $2.3B | -181.49 | 5.86 | -3.2% | 69.40 |
| AvePoint, Inc. | AVPT | $2.3B | 66.35 | 4.82 | 7.3% | 46.83 |
| BigBear.ai Holdings, Inc. | BBAI | $2.3B | -7.77 | 3.73 | -48.0% | -8.19 |
| A10 Networks, Inc. | ATEN | $2.3B | 54.16 |
| - |
| - |
| - |
| - |
| 10.79 |
| 19.9% |
| 33.13 |
| LiveRamp Holdings, Inc. | RAMP | $2.2B | 15.39 | 2.31 | 15.0% | 17.01 |
| Shoals Technologies Group, Inc. | SHLS | $2.1B | 63.81 | 3.57 | 5.6% | 31.94 |
| Sonos, Inc. | SONO | $1.9B | - | 5.45 | -17.2% | 143.85 |
| Grindr Inc. | GRND | $1.9B | 20.07 | 40.46 | 201.6% | 15.27 |
| Peer Median | - | 20.07 | 5.14 | 6.4% | 32.53 | |