VERX
Vertex, Inc.
VERX lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
VERX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Stable |
VERX's revenue and cash flow are currently healthy, and its balance sheet is stable, but its profitability is under pressure.
VERX PE Valuation
VERX has no meaningful PE right now: it lost money over the past year.
VERX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VERX, with profitability improving.
VERX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.99 | — |
| Q3 2026 | -$0.28 | +$0.06 |
| Q2 2026 | $0.03 | +$0.35 |
| Q1 2026 | -$0.04 | +$0.24 |
| Q4 2025 | $0.05 | +$0.38 |
| Q3 2025 | -$0.34 | -270% |
| Q2 2025 | -$0.32 | -346% |
| Q1 2025 | -$0.28 | -660% |
| Q4 2024 | -$0.33 | -$0.24 |
VERX is still losing money, but far less than before: $0.28 per share over the past year, against $0.57 at its worst in late 2020.
VERX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $213.3M | +11% |
| Q2 2026 | $204M | +11% |
| Q1 2026 | $196.6M | +11% |
| Q4 2025 | $194.7M | +9.1% |
| Q3 2025 | $192.1M | +13% |
| Q2 2025 | $184.6M | +15% |
| Q1 2025 | $177.1M | +13% |
| Q4 2024 | $178.5M | +15% |
VERX's revenue has grown year over year every quarter since late 2020: $213M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | -2.1 points |
| Q2 2026 | -2.2% | -0.1 points |
| Q1 2026 | -1.5% | -4 points |
| Q4 2025 | 0.8% | +8.2 points |
| Q3 2025 | 2.3% | -0.6 points |
| Q2 2025 | -2.1% | -6.8 points |
| Q1 2025 | 2.5% | +3.5 points |
| Q4 2024 | -7.3% | -5.7 points |
VERX's operating margin was 0.1% last quarter, down 2.1 points from the same quarter a year ago.
VERX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $53.2M | +76% |
| Q2 2026 | $10.6M | -46% |
| Q1 2026 | $7.7M | +$19.9M |
| Q4 2025 | $10.1M | -44% |
| Q3 2025 | $30.2M | +64% |
| Q2 2025 | $19.6M | -47% |
| Q1 2025 | -$12.3M | -372% |
| Q4 2024 | $17.9M | -38% |
VERX generated $82M in free cash flow over the past year, up 47% from the year before.
VERX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +876K shares |
| 1 year | +0.1% | +96.8K shares |
| 3 years | +6.7% | +10.2M shares |
| 5 years | +9.5% | +14.1M shares |
| Available history | +25% | +32.6M shares |
VERX has 162M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $27.1M |
| Q2 2026 | $26.6M |
| Q1 2026 | $20M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
VERX spent $74M buying back its own shares over the past year, after none the year before.
VERX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.5x | Very low |
VERX's net debt is about 2.3 years of its operating earnings (EBITDA), up from less than a year a year ago.
VERX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.5 | Neutral |
| Stochastic | 89.0 | Overbought |
VERX's weekly RSI is 66 (neutral) and its Stochastic is 89 (overbought).
VERX PE vs Technology Sector
| Metric | VERX | Sector median | Relative |
|---|---|---|---|
| PE | 501x | 28x | 1,697% above |
| PE % | 74 | 37 | 37 pts above |
VERX has no meaningful PE right now: it lost money over the past year.
VERX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.4 | 23% above |
| 20 week MA | $13.4 | 32% above |
| 50 week MA | $14.3 | 24% above |
| 100 week MA | $24.8 | 28% below |
| 200 week MA | $26.6 | 33% below |
VERX has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 33% below its 200-week average.
VERX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.6 | $34.1 | +45% |
| 2021 | $34.1 | $17.1 | -50% |
| 2022 | $17.1 | $14.8 | -13% |
| 2023 | $14.8 | $26.9 | +82% |
| 2024 | $26.9 | $52.7 | +96% |
| 2025 | $52.7 | $20.3 | -61% |
| 2026 YTD | $20.3 | $17.8 | -13% |
VERX has finished lower in three of the last six years. It's down 13% so far in 2026.