VERTEX INC CLASS A (VERX)
Information Technology · Enterprise tax and compliance software · NASDAQ
Vertex automates and governs transaction-based indirect tax compliance across 195 countries for enterprises, embedded into their commerce systems to handle real-time tax calculation, reporting, and digital transmission to authorities.
What VERTEX INC CLASS A does
Vertex is an enterprise software provider specializing in transaction-based tax compliance and indirect tax automation for global commerce. The company's platform helps businesses calculate, document, report, and digitally transmit indirect taxes (sales tax, VAT, use tax) across 20,000+ jurisdictions worldwide. Vertex serves over 4,800 customers, including the majority of the Fortune 500, enabling compliance automation embedded into core enterprise systems. The platform supports the full lifecycle of indirect tax obligations including tax determination, digital invoicing, reporting, data management, and analytics.
Themes: ["Tax compliance automation","Indirect tax management","Global commerce compliance","AI-driven tax operations","Digital invoicing and reporting","Enterprise compliance technology","Multi-jurisdictional tax rules","Cloud-based compliance platforms"]
Fundamentals
- Price$12.80 as of 2026-07-09 close
- Market cap$2.0B as of 2026-07-10
- 1-year return-64.8% as of 2026-07-09 close
- P/E283.42 as of 2026-07-10
- Net margin-0.8% as of 2026-07-10
- Gross margin+64.3% as of 2026-07-10
- ROE-2.5% as of 2026-07-10
- Debt / equity1.37 as of 2026-07-10
- Revenue growth (YoY)+11.8% as of 2026-07-10
- Revenue CAGR (3y)+15.0% SEC XBRL
- Beta0.83 as of 2026-07-10
Dividend: 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Reliance on government infrastructure to support e-invoicing services and risk of failures in digital tax reporting requirements","Competitive pressure from other tax software providers and native enterprise resource planning functions that perform in-house tax calculations","Challenges in accurately forecasting revenue and maintaining profitability amid growth investments, combined with exposure to errors, delays, system failures, and undetected software defects that may not be fully covered by insurance"]
Competitors & peers
- Salesforce (CRM)
- Oracle NetSuite (ORCL)
- SAP (SAP)
- Avalara
- Thomson Reuters (TRI)
- AuditBoard
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.