Vertex share price today
Vertex, Inc. · VERX · Technology · Software - Application · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Vertex share price: $15.92 at the close on 4 November 2026, −18.4% in a year.
Vertex, Inc.'s results are improving, and its P/E is near the top of its own history, higher than 90% of past readings.
The main question: results are strong, and the P/E is higher than 90% of its own history.
The price has been stalling near its high for 3 weeks, and the P/E is higher than 90% of its own last 2.6 years. Over the last four quarters, results have been improving. What will decide it: whether earnings grow enough to match the multiple.
What is the Vertex share price today?
Vertex, Inc.'s share price was $15.92 at the close on 4 November 2026. It has been stalling near its high for 3 weeks. That is 20.2% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Vertex, Inc. is in stage 3. The phase helps read everything below.
In the last 52 weeks it traded between $11 and $20, and at that close it sat 54% of the way up from that low.
1Y
Nov 2026: $15.92, 20.2% above its 200-day average. The price has been stalling near its high for 3 weeks.
- Price $15.92
- 50-day avg $13.28
- 200-day avg $13.24
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $22.90 | $24.89 | $35.25 |
| 7 Nov 2025 | $19.51 | $24.34 | $34.33 |
| 14 Nov 2025 | $20.17 | $23.88 | $33.38 |
| 21 Nov 2025 | $19.79 | $23.39 | $32.43 |
| 28 Nov 2025 | $19.67 | $22.96 | $31.75 |
| 5 Dec 2025 | $19.68 | $22.39 | $31.08 |
| 12 Dec 2025 | $19.91 | $21.87 | $30.53 |
| 19 Dec 2025 | $20.02 | $21.37 | $30.22 |
| 26 Dec 2025 | $20.31 | $21.00 | $29.97 |
| 2 Jan 2026 | $19.01 | $20.58 | $29.69 |
| 9 Jan 2026 | $19.96 | $20.02 | $29.29 |
| 16 Jan 2026 | $19.30 | $19.78 | $28.89 |
| 23 Jan 2026 | $19.70 | $19.76 | $28.55 |
| 30 Jan 2026 | $18.55 | $19.67 | $28.09 |
| 6 Feb 2026 | $15.73 | $19.32 | $27.52 |
| 13 Feb 2026 | $12.75 | $18.74 | $26.87 |
| 20 Feb 2026 | $12.74 | $18.17 | $26.33 |
| 27 Feb 2026 | $14.48 | $17.56 | $25.72 |
| 6 Mar 2026 | $15.25 | $17.03 | $25.14 |
| 13 Mar 2026 | $13.30 | $16.42 | $24.52 |
| 20 Mar 2026 | $12.86 | $15.76 | $23.85 |
| 27 Mar 2026 | $11.34 | $14.98 | $23.14 |
| 2 Apr 2026 | $12.03 | $14.41 | $22.63 |
| 10 Apr 2026 | $10.80 | $13.60 | $22.04 |
| 17 Apr 2026 | $12.35 | $13.05 | $21.47 |
| 24 Apr 2026 | $12.52 | $12.81 | $20.89 |
| 1 May 2026 | $13.19 | $12.83 | $20.32 |
| 8 May 2026 | $14.93 | $12.89 | $19.78 |
| 15 May 2026 | $12.85 | $12.71 | $19.26 |
| 22 May 2026 | $13.44 | $12.59 | $18.80 |
| 29 May 2026 | $13.35 | $12.57 | $18.54 |
| 5 Jun 2026 | $13.16 | $12.68 | $18.23 |
| 12 Jun 2026 | $12.28 | $12.76 | $17.91 |
| 18 Jun 2026 | $11.12 | $12.73 | $17.64 |
| 26 Jun 2026 | $11.37 | $12.69 | $17.29 |
| 2 Jul 2026 | $12.85 | $12.65 | $17.05 |
| 10 Jul 2026 | $12.38 | $12.70 | $16.74 |
| 17 Jul 2026 | $12.80 | $12.69 | $16.43 |
| 24 Jul 2026 | $11.87 | $12.47 | $16.11 |
| 31 Jul 2026 | $12.91 | $12.48 | $15.81 |
| 7 Aug 2026 | $11.94 | $12.39 | $15.49 |
| 14 Aug 2026 | $12.72 | $12.29 | $15.16 |
| 21 Aug 2026 | $13.47 | $12.31 | $14.92 |
| 28 Aug 2026 | $14.22 | $12.50 | $14.78 |
| 4 Sep 2026 | $13.77 | $12.79 | $14.62 |
| 11 Sep 2026 | $12.26 | $12.85 | $14.48 |
| 18 Sep 2026 | $11.96 | $12.82 | $14.30 |
| 25 Sep 2026 | $11.37 | $12.71 | $14.11 |
| 2 Oct 2026 | $12.01 | $12.68 | $13.91 |
| 9 Oct 2026 | $12.95 | $12.66 | $13.71 |
| 16 Oct 2026 | $13.37 | $12.73 | $13.53 |
| 23 Oct 2026 | $15.39 | $12.95 | $13.41 |
| 30 Oct 2026 | $15.32 | $13.15 | $13.29 |
| 4 Nov 2026 | $15.92 | $13.28 | $13.24 |
3Y
Nov 2026: $15.92, 20.2% above its 200-day average. The price has been stalling near its high for 3 weeks.
- Price $15.92
- 50-day avg $13.28
- 200-day avg $13.24
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $23.40 | $22.64 | $19.95 |
| 10 Nov 2023 | $27.17 | $22.84 | $20.25 |
| 17 Nov 2023 | $26.34 | $23.31 | $20.57 |
| 24 Nov 2023 | $27.90 | $23.79 | $20.82 |
| 1 Dec 2023 | $27.82 | $24.51 | $21.16 |
| 8 Dec 2023 | $28.58 | $25.16 | $21.50 |
| 15 Dec 2023 | $26.81 | $25.65 | $21.81 |
| 22 Dec 2023 | $26.94 | $25.92 | $22.07 |
| 29 Dec 2023 | $26.94 | $26.19 | $22.24 |
| 5 Jan 2024 | $25.26 | $26.40 | $22.39 |
| 12 Jan 2024 | $23.54 | $26.55 | $22.54 |
| 19 Jan 2024 | $25.53 | $26.71 | $22.63 |
| 26 Jan 2024 | $25.01 | $26.65 | $22.70 |
| 2 Feb 2024 | $25.98 | $26.50 | $22.77 |
| 9 Feb 2024 | $26.58 | $26.29 | $22.86 |
| 16 Feb 2024 | $25.28 | $26.01 | $22.99 |
| 23 Feb 2024 | $24.71 | $25.69 | $23.08 |
| 1 Mar 2024 | $33.55 | $25.80 | $23.29 |
| 8 Mar 2024 | $29.49 | $26.13 | $23.51 |
| 15 Mar 2024 | $29.81 | $26.43 | $23.72 |
| 22 Mar 2024 | $29.86 | $26.87 | $23.92 |
| 28 Mar 2024 | $31.76 | $27.39 | $24.08 |
| 5 Apr 2024 | $31.75 | $28.07 | $24.35 |
| 12 Apr 2024 | $31.34 | $28.79 | $24.68 |
| 19 Apr 2024 | $28.61 | $29.19 | $24.93 |
| 26 Apr 2024 | $29.53 | $29.51 | $25.20 |
| 3 May 2024 | $29.26 | $29.92 | $25.45 |
| 10 May 2024 | $31.70 | $30.29 | $25.72 |
| 17 May 2024 | $32.63 | $30.42 | $26.01 |
| 24 May 2024 | $33.70 | $30.77 | $26.36 |
| 31 May 2024 | $33.05 | $31.01 | $26.63 |
| 7 Jun 2024 | $34.28 | $31.38 | $26.95 |
| 14 Jun 2024 | $35.29 | $31.67 | $27.26 |
| 21 Jun 2024 | $35.17 | $31.91 | $27.52 |
| 28 Jun 2024 | $36.05 | $32.36 | $27.85 |
| 5 Jul 2024 | $35.89 | $32.91 | $28.14 |
| 12 Jul 2024 | $37.07 | $33.63 | $28.52 |
| 19 Jul 2024 | $37.92 | $34.42 | $28.89 |
| 26 Jul 2024 | $38.88 | $35.17 | $29.27 |
| 2 Aug 2024 | $37.16 | $35.78 | $29.64 |
| 9 Aug 2024 | $35.64 | $36.02 | $29.95 |
| 16 Aug 2024 | $35.95 | $36.30 | $30.28 |
| 23 Aug 2024 | $37.06 | $36.50 | $30.60 |
| 30 Aug 2024 | $38.69 | $36.78 | $30.91 |
| 6 Sep 2024 | $35.25 | $36.88 | $31.10 |
| 13 Sep 2024 | $36.24 | $36.88 | $31.31 |
| 20 Sep 2024 | $37.41 | $36.93 | $31.52 |
| 27 Sep 2024 | $36.73 | $36.91 | $31.73 |
| 4 Oct 2024 | $40.48 | $37.10 | $32.04 |
| 11 Oct 2024 | $40.35 | $37.26 | $32.39 |
| 18 Oct 2024 | $42.85 | $37.88 | $32.78 |
| 25 Oct 2024 | $42.07 | $38.49 | $33.20 |
| 1 Nov 2024 | $42.17 | $39.13 | $33.65 |
| 8 Nov 2024 | $51.99 | $40.15 | $34.22 |
| 15 Nov 2024 | $49.10 | $41.46 | $34.83 |
| 22 Nov 2024 | $53.83 | $43.09 | $35.50 |
| 29 Nov 2024 | $54.25 | $44.54 | $36.07 |
| 6 Dec 2024 | $56.31 | $46.41 | $36.84 |
| 13 Dec 2024 | $52.39 | $47.90 | $37.53 |
| 20 Dec 2024 | $53.53 | $49.17 | $38.10 |
| 27 Dec 2024 | $52.71 | $50.13 | $38.57 |
| 3 Jan 2025 | $51.32 | $50.93 | $39.03 |
| 10 Jan 2025 | $52.16 | $51.75 | $39.48 |
| 17 Jan 2025 | $56.40 | $52.99 | $40.06 |
| 24 Jan 2025 | $57.44 | $53.61 | $40.57 |
| 31 Jan 2025 | $57.75 | $54.44 | $41.22 |
| 7 Feb 2025 | $56.80 | $54.99 | $41.93 |
| 14 Feb 2025 | $46.51 | $54.55 | $42.46 |
| 21 Feb 2025 | $44.21 | $53.70 | $42.79 |
| 28 Feb 2025 | $32.29 | $52.18 | $43.00 |
| 7 Mar 2025 | $32.50 | $50.12 | $43.02 |
| 14 Mar 2025 | $33.59 | $48.07 | $43.01 |
| 21 Mar 2025 | $35.71 | $46.38 | $43.08 |
| 28 Mar 2025 | $35.55 | $44.61 | $43.12 |
| 4 Apr 2025 | $34.98 | $42.54 | $43.14 |
| 11 Apr 2025 | $38.48 | $40.47 | $43.20 |
| 17 Apr 2025 | $39.25 | $38.99 | $43.27 |
| 25 Apr 2025 | $39.74 | $37.44 | $43.36 |
| 2 May 2025 | $39.21 | $36.79 | $43.42 |
| 9 May 2025 | $38.33 | $36.45 | $43.42 |
| 16 May 2025 | $38.16 | $36.98 | $43.41 |
| 23 May 2025 | $37.94 | $37.58 | $43.43 |
| 30 May 2025 | $39.57 | $37.96 | $43.52 |
| 6 Jun 2025 | $41.07 | $38.49 | $43.64 |
| 13 Jun 2025 | $36.92 | $38.70 | $43.68 |
| 20 Jun 2025 | $33.97 | $38.74 | $43.63 |
| 27 Jun 2025 | $34.49 | $38.31 | $43.59 |
| 3 Jul 2025 | $35.45 | $38.02 | $43.58 |
| 11 Jul 2025 | $34.48 | $37.63 | $43.56 |
| 18 Jul 2025 | $35.10 | $37.24 | $43.52 |
| 25 Jul 2025 | $34.21 | $36.97 | $43.39 |
| 1 Aug 2025 | $32.30 | $36.47 | $43.21 |
| 8 Aug 2025 | $25.67 | $35.51 | $42.89 |
| 15 Aug 2025 | $25.63 | $34.04 | $42.47 |
| 22 Aug 2025 | $25.85 | $32.62 | $42.05 |
| 29 Aug 2025 | $25.82 | $31.49 | $41.49 |
| 5 Sep 2025 | $24.04 | $30.68 | $40.98 |
| 12 Sep 2025 | $24.05 | $29.66 | $40.32 |
| 19 Sep 2025 | $25.15 | $28.57 | $39.58 |
| 26 Sep 2025 | $24.97 | $27.54 | $38.81 |
| 3 Oct 2025 | $25.06 | $26.52 | $38.07 |
| 10 Oct 2025 | $24.78 | $25.64 | $37.36 |
| 17 Oct 2025 | $24.33 | $25.05 | $36.65 |
| 24 Oct 2025 | $25.41 | $25.05 | $35.98 |
| 31 Oct 2025 | $22.90 | $24.89 | $35.25 |
| 7 Nov 2025 | $19.51 | $24.34 | $34.33 |
| 14 Nov 2025 | $20.17 | $23.88 | $33.38 |
| 21 Nov 2025 | $19.79 | $23.39 | $32.43 |
| 28 Nov 2025 | $19.67 | $22.96 | $31.75 |
| 5 Dec 2025 | $19.68 | $22.39 | $31.08 |
| 12 Dec 2025 | $19.91 | $21.87 | $30.53 |
| 19 Dec 2025 | $20.02 | $21.37 | $30.22 |
| 26 Dec 2025 | $20.31 | $21.00 | $29.97 |
| 2 Jan 2026 | $19.01 | $20.58 | $29.69 |
| 9 Jan 2026 | $19.96 | $20.02 | $29.29 |
| 16 Jan 2026 | $19.30 | $19.78 | $28.89 |
| 23 Jan 2026 | $19.70 | $19.76 | $28.55 |
| 30 Jan 2026 | $18.55 | $19.67 | $28.09 |
| 6 Feb 2026 | $15.73 | $19.32 | $27.52 |
| 13 Feb 2026 | $12.75 | $18.74 | $26.87 |
| 20 Feb 2026 | $12.74 | $18.17 | $26.33 |
| 27 Feb 2026 | $14.48 | $17.56 | $25.72 |
| 6 Mar 2026 | $15.25 | $17.03 | $25.14 |
| 13 Mar 2026 | $13.30 | $16.42 | $24.52 |
| 20 Mar 2026 | $12.86 | $15.76 | $23.85 |
| 27 Mar 2026 | $11.34 | $14.98 | $23.14 |
| 2 Apr 2026 | $12.03 | $14.41 | $22.63 |
| 10 Apr 2026 | $10.80 | $13.60 | $22.04 |
| 17 Apr 2026 | $12.35 | $13.05 | $21.47 |
| 24 Apr 2026 | $12.52 | $12.81 | $20.89 |
| 1 May 2026 | $13.19 | $12.83 | $20.32 |
| 8 May 2026 | $14.93 | $12.89 | $19.78 |
| 15 May 2026 | $12.85 | $12.71 | $19.26 |
| 22 May 2026 | $13.44 | $12.59 | $18.80 |
| 29 May 2026 | $13.35 | $12.57 | $18.54 |
| 5 Jun 2026 | $13.16 | $12.68 | $18.23 |
| 12 Jun 2026 | $12.28 | $12.76 | $17.91 |
| 18 Jun 2026 | $11.12 | $12.73 | $17.64 |
| 26 Jun 2026 | $11.37 | $12.69 | $17.29 |
| 2 Jul 2026 | $12.85 | $12.65 | $17.05 |
| 10 Jul 2026 | $12.38 | $12.70 | $16.74 |
| 17 Jul 2026 | $12.80 | $12.69 | $16.43 |
| 24 Jul 2026 | $11.87 | $12.47 | $16.11 |
| 31 Jul 2026 | $12.91 | $12.48 | $15.81 |
| 7 Aug 2026 | $11.94 | $12.39 | $15.49 |
| 14 Aug 2026 | $12.72 | $12.29 | $15.16 |
| 21 Aug 2026 | $13.47 | $12.31 | $14.92 |
| 28 Aug 2026 | $14.22 | $12.50 | $14.78 |
| 4 Sep 2026 | $13.77 | $12.79 | $14.62 |
| 11 Sep 2026 | $12.26 | $12.85 | $14.48 |
| 18 Sep 2026 | $11.96 | $12.82 | $14.30 |
| 25 Sep 2026 | $11.37 | $12.71 | $14.11 |
| 2 Oct 2026 | $12.01 | $12.68 | $13.91 |
| 9 Oct 2026 | $12.95 | $12.66 | $13.71 |
| 16 Oct 2026 | $13.37 | $12.73 | $13.53 |
| 23 Oct 2026 | $15.39 | $12.95 | $13.41 |
| 30 Oct 2026 | $15.32 | $13.15 | $13.29 |
| 4 Nov 2026 | $15.92 | $13.28 | $13.24 |
5Y
Nov 2026: $15.92, 20.2% above its 200-day average. The price has been stalling near its high for 3 weeks.
- Price $15.92
- 50-day avg $13.28
- 200-day avg $13.24
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | $20.82 | $19.53 | $22.67 |
| 12 Nov 2021 | $21.69 | $19.55 | $22.07 |
| 26 Nov 2021 | $18.54 | $19.70 | $21.41 |
| 10 Dec 2021 | $18.20 | $19.51 | $20.51 |
| 23 Dec 2021 | $17.10 | $19.16 | $19.95 |
| 7 Jan 2022 | $15.79 | $18.60 | $19.51 |
| 21 Jan 2022 | $13.48 | $17.40 | $19.14 |
| 4 Feb 2022 | $13.30 | $15.96 | $18.71 |
| 18 Feb 2022 | $13.20 | $15.05 | $18.36 |
| 4 Mar 2022 | $13.32 | $14.30 | $18.14 |
| 18 Mar 2022 | $14.26 | $13.72 | $17.86 |
| 1 Apr 2022 | $15.94 | $13.81 | $17.65 |
| 14 Apr 2022 | $15.71 | $14.20 | $17.38 |
| 29 Apr 2022 | $14.23 | $14.39 | $17.15 |
| 13 May 2022 | $11.84 | $14.24 | $16.83 |
| 27 May 2022 | $11.42 | $13.83 | $16.47 |
| 10 Jun 2022 | $10.64 | $13.20 | $16.08 |
| 24 Jun 2022 | $11.82 | $12.22 | $15.61 |
| 8 Jul 2022 | $12.00 | $11.60 | $15.27 |
| 22 Jul 2022 | $10.72 | $11.02 | $14.86 |
| 5 Aug 2022 | $11.83 | $11.00 | $14.47 |
| 19 Aug 2022 | $13.91 | $11.46 | $14.16 |
| 2 Sep 2022 | $12.76 | $12.09 | $13.77 |
| 16 Sep 2022 | $13.98 | $12.60 | $13.54 |
| 30 Sep 2022 | $13.67 | $13.16 | $13.33 |
| 14 Oct 2022 | $14.62 | $13.90 | $13.22 |
| 28 Oct 2022 | $17.81 | $14.56 | $13.26 |
| 11 Nov 2022 | $18.53 | $15.30 | $13.45 |
| 25 Nov 2022 | $16.48 | $15.67 | $13.57 |
| 9 Dec 2022 | $15.54 | $16.17 | $13.70 |
| 23 Dec 2022 | $14.80 | $16.30 | $13.79 |
| 6 Jan 2023 | $12.49 | $15.98 | $13.80 |
| 20 Jan 2023 | $12.15 | $15.12 | $13.68 |
| 3 Feb 2023 | $16.05 | $14.44 | $13.57 |
| 17 Feb 2023 | $15.39 | $14.16 | $13.59 |
| 3 Mar 2023 | $15.12 | $14.12 | $13.74 |
| 17 Mar 2023 | $18.48 | $14.70 | $14.06 |
| 31 Mar 2023 | $20.69 | $16.03 | $14.47 |
| 14 Apr 2023 | $22.45 | $17.68 | $14.98 |
| 28 Apr 2023 | $20.65 | $19.03 | $15.49 |
| 12 May 2023 | $19.73 | $20.02 | $15.98 |
| 26 May 2023 | $20.94 | $20.76 | $16.44 |
| 9 Jun 2023 | $22.80 | $21.35 | $16.81 |
| 23 Jun 2023 | $18.95 | $21.18 | $17.13 |
| 7 Jul 2023 | $18.04 | $20.58 | $17.33 |
| 21 Jul 2023 | $19.10 | $20.32 | $17.61 |
| 4 Aug 2023 | $19.23 | $20.18 | $17.86 |
| 18 Aug 2023 | $20.62 | $19.78 | $17.99 |
| 1 Sep 2023 | $22.52 | $19.97 | $18.25 |
| 15 Sep 2023 | $20.69 | $20.43 | $18.49 |
| 29 Sep 2023 | $23.10 | $21.01 | $18.78 |
| 13 Oct 2023 | $23.43 | $21.70 | $19.19 |
| 27 Oct 2023 | $22.76 | $22.47 | $19.67 |
| 10 Nov 2023 | $27.17 | $22.84 | $20.25 |
| 24 Nov 2023 | $27.90 | $23.79 | $20.82 |
| 8 Dec 2023 | $28.58 | $25.16 | $21.50 |
| 22 Dec 2023 | $26.94 | $25.92 | $22.07 |
| 5 Jan 2024 | $25.26 | $26.40 | $22.39 |
| 19 Jan 2024 | $25.53 | $26.71 | $22.63 |
| 2 Feb 2024 | $25.98 | $26.50 | $22.77 |
| 16 Feb 2024 | $25.28 | $26.01 | $22.99 |
| 1 Mar 2024 | $33.55 | $25.80 | $23.29 |
| 15 Mar 2024 | $29.81 | $26.43 | $23.72 |
| 28 Mar 2024 | $31.76 | $27.39 | $24.08 |
| 12 Apr 2024 | $31.34 | $28.79 | $24.68 |
| 26 Apr 2024 | $29.53 | $29.51 | $25.20 |
| 10 May 2024 | $31.70 | $30.29 | $25.72 |
| 24 May 2024 | $33.70 | $30.77 | $26.36 |
| 7 Jun 2024 | $34.28 | $31.38 | $26.95 |
| 21 Jun 2024 | $35.17 | $31.91 | $27.52 |
| 5 Jul 2024 | $35.89 | $32.91 | $28.14 |
| 19 Jul 2024 | $37.92 | $34.42 | $28.89 |
| 2 Aug 2024 | $37.16 | $35.78 | $29.64 |
| 16 Aug 2024 | $35.95 | $36.30 | $30.28 |
| 30 Aug 2024 | $38.69 | $36.78 | $30.91 |
| 13 Sep 2024 | $36.24 | $36.88 | $31.31 |
| 27 Sep 2024 | $36.73 | $36.91 | $31.73 |
| 11 Oct 2024 | $40.35 | $37.26 | $32.39 |
| 25 Oct 2024 | $42.07 | $38.49 | $33.20 |
| 8 Nov 2024 | $51.99 | $40.15 | $34.22 |
| 22 Nov 2024 | $53.83 | $43.09 | $35.50 |
| 6 Dec 2024 | $56.31 | $46.41 | $36.84 |
| 20 Dec 2024 | $53.53 | $49.17 | $38.10 |
| 3 Jan 2025 | $51.32 | $50.93 | $39.03 |
| 17 Jan 2025 | $56.40 | $52.99 | $40.06 |
| 31 Jan 2025 | $57.75 | $54.44 | $41.22 |
| 14 Feb 2025 | $46.51 | $54.55 | $42.46 |
| 28 Feb 2025 | $32.29 | $52.18 | $43.00 |
| 14 Mar 2025 | $33.59 | $48.07 | $43.01 |
| 28 Mar 2025 | $35.55 | $44.61 | $43.12 |
| 11 Apr 2025 | $38.48 | $40.47 | $43.20 |
| 25 Apr 2025 | $39.74 | $37.44 | $43.36 |
| 9 May 2025 | $38.33 | $36.45 | $43.42 |
| 23 May 2025 | $37.94 | $37.58 | $43.43 |
| 6 Jun 2025 | $41.07 | $38.49 | $43.64 |
| 20 Jun 2025 | $33.97 | $38.74 | $43.63 |
| 3 Jul 2025 | $35.45 | $38.02 | $43.58 |
| 18 Jul 2025 | $35.10 | $37.24 | $43.52 |
| 1 Aug 2025 | $32.30 | $36.47 | $43.21 |
| 15 Aug 2025 | $25.63 | $34.04 | $42.47 |
| 29 Aug 2025 | $25.82 | $31.49 | $41.49 |
| 12 Sep 2025 | $24.05 | $29.66 | $40.32 |
| 26 Sep 2025 | $24.97 | $27.54 | $38.81 |
| 10 Oct 2025 | $24.78 | $25.64 | $37.36 |
| 24 Oct 2025 | $25.41 | $25.05 | $35.98 |
| 7 Nov 2025 | $19.51 | $24.34 | $34.33 |
| 21 Nov 2025 | $19.79 | $23.39 | $32.43 |
| 5 Dec 2025 | $19.68 | $22.39 | $31.08 |
| 19 Dec 2025 | $20.02 | $21.37 | $30.22 |
| 2 Jan 2026 | $19.01 | $20.58 | $29.69 |
| 16 Jan 2026 | $19.30 | $19.78 | $28.89 |
| 30 Jan 2026 | $18.55 | $19.67 | $28.09 |
| 13 Feb 2026 | $12.75 | $18.74 | $26.87 |
| 27 Feb 2026 | $14.48 | $17.56 | $25.72 |
| 13 Mar 2026 | $13.30 | $16.42 | $24.52 |
| 27 Mar 2026 | $11.34 | $14.98 | $23.14 |
| 10 Apr 2026 | $10.80 | $13.60 | $22.04 |
| 24 Apr 2026 | $12.52 | $12.81 | $20.89 |
| 8 May 2026 | $14.93 | $12.89 | $19.78 |
| 22 May 2026 | $13.44 | $12.59 | $18.80 |
| 5 Jun 2026 | $13.16 | $12.68 | $18.23 |
| 18 Jun 2026 | $11.12 | $12.73 | $17.64 |
| 2 Jul 2026 | $12.85 | $12.65 | $17.05 |
| 17 Jul 2026 | $12.80 | $12.69 | $16.43 |
| 31 Jul 2026 | $12.91 | $12.48 | $15.81 |
| 14 Aug 2026 | $12.72 | $12.29 | $15.16 |
| 28 Aug 2026 | $14.22 | $12.50 | $14.78 |
| 11 Sep 2026 | $12.26 | $12.85 | $14.48 |
| 25 Sep 2026 | $11.37 | $12.71 | $14.11 |
| 9 Oct 2026 | $12.95 | $12.66 | $13.71 |
| 23 Oct 2026 | $15.39 | $12.95 | $13.41 |
| 4 Nov 2026 | $15.92 | $13.28 | $13.24 |
Price stage: Falling from Oct 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.
Price stage: Rising from Nov 2023 to Feb 2025; Sideways from Feb 2025 to Aug 2025; Falling from Sep 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.
Price stage: Falling from Dec 2021 to Sep 2022; Sideways from Sep 2022 to Mar 2023; Rising from Mar 2023 to Feb 2025; Sideways from Feb 2025 to Aug 2025; Falling from Sep 2025 to Nov 2026.
Week by week since 2020: did it beat the S&P 500 over the past 13 weeks?
Ahead in 138 of 315 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 31 Jul 2020 | no S&P 500 reading |
| 7 Aug 2020 | no S&P 500 reading |
| 14 Aug 2020 | no S&P 500 reading |
| 21 Aug 2020 | no S&P 500 reading |
| 28 Aug 2020 | no S&P 500 reading |
| 4 Sep 2020 | no S&P 500 reading |
| 11 Sep 2020 | no S&P 500 reading |
| 18 Sep 2020 | no S&P 500 reading |
| 25 Sep 2020 | no S&P 500 reading |
| 2 Oct 2020 | no S&P 500 reading |
| 9 Oct 2020 | no S&P 500 reading |
| 16 Oct 2020 | no S&P 500 reading |
| 23 Oct 2020 | no S&P 500 reading |
| 30 Oct 2020 | +2.9% |
| 6 Nov 2020 | +7.8% |
| 13 Nov 2020 | −4.5% |
| 20 Nov 2020 | −8.9% |
| 27 Nov 2020 | −11.8% |
| 4 Dec 2020 | +0.4% |
| 11 Dec 2020 | +8.8% |
| 18 Dec 2020 | +42.2% |
| 24 Dec 2020 | +37.6% |
| 31 Dec 2020 | +29.8% |
| 8 Jan 2021 | +20.5% |
| 15 Jan 2021 | +19.6% |
| 22 Jan 2021 | +17.8% |
| 29 Jan 2021 | +22.2% |
| 5 Feb 2021 | +9.4% |
| 12 Feb 2021 | +42.6% |
| 19 Feb 2021 | +39.6% |
| 26 Feb 2021 | +14.0% |
| 5 Mar 2021 | +13.8% |
| 12 Mar 2021 | −16.4% |
| 19 Mar 2021 | −29.0% |
| 26 Mar 2021 | −34.1% |
| 1 Apr 2021 | −40.6% |
| 9 Apr 2021 | −45.6% |
| 16 Apr 2021 | −44.4% |
| 23 Apr 2021 | −40.3% |
| 30 Apr 2021 | −50.6% |
| 7 May 2021 | −57.8% |
| 14 May 2021 | −57.2% |
| 21 May 2021 | −58.3% |
| 28 May 2021 | −48.0% |
| 4 Jun 2021 | −50.5% |
| 11 Jun 2021 | −30.7% |
| 18 Jun 2021 | −27.2% |
| 25 Jun 2021 | −19.1% |
| 2 Jul 2021 | −22.0% |
| 9 Jul 2021 | −10.9% |
| 16 Jul 2021 | −25.4% |
| 23 Jul 2021 | −20.3% |
| 30 Jul 2021 | −12.6% |
| 6 Aug 2021 | +4.9% |
| 13 Aug 2021 | −3.8% |
| 20 Aug 2021 | −4.4% |
| 27 Aug 2021 | +10.6% |
| 3 Sep 2021 | +5.1% |
| 10 Sep 2021 | −7.2% |
| 17 Sep 2021 | −13.3% |
| 24 Sep 2021 | −18.1% |
| 1 Oct 2021 | +0.8% |
| 8 Oct 2021 | −2.8% |
| 15 Oct 2021 | −5.4% |
| 22 Oct 2021 | −2.5% |
| 29 Oct 2021 | +5.4% |
| 5 Nov 2021 | +1.9% |
| 12 Nov 2021 | +8.1% |
| 19 Nov 2021 | −0.7% |
| 26 Nov 2021 | −20.0% |
| 3 Dec 2021 | −14.5% |
| 10 Dec 2021 | −8.4% |
| 17 Dec 2021 | −14.5% |
| 23 Dec 2021 | −16.1% |
| 31 Dec 2021 | −30.7% |
| 7 Jan 2022 | −23.6% |
| 14 Jan 2022 | −25.5% |
| 21 Jan 2022 | −27.8% |
| 28 Jan 2022 | −30.1% |
| 4 Feb 2022 | −31.1% |
| 11 Feb 2022 | −32.9% |
| 18 Feb 2022 | −27.2% |
| 25 Feb 2022 | −23.6% |
| 4 Mar 2022 | −19.3% |
| 11 Mar 2022 | −13.5% |
| 18 Mar 2022 | −14.6% |
| 25 Mar 2022 | −11.0% |
| 1 Apr 2022 | +5.1% |
| 8 Apr 2022 | +3.3% |
| 14 Apr 2022 | +17.9% |
| 22 Apr 2022 | +10.2% |
| 29 Apr 2022 | +10.2% |
| 6 May 2022 | +6.4% |
| 13 May 2022 | −2.2% |
| 20 May 2022 | +2.2% |
| 27 May 2022 | −9.1% |
| 3 Jun 2022 | −10.4% |
| 10 Jun 2022 | −15.6% |
| 17 Jun 2022 | −11.8% |
| 24 Jun 2022 | −5.0% |
| 1 Jul 2022 | −15.3% |
| 8 Jul 2022 | −10.4% |
| 15 Jul 2022 | −23.9% |
| 22 Jul 2022 | −18.8% |
| 29 Jul 2022 | −20.9% |
| 5 Aug 2022 | −9.9% |
| 12 Aug 2022 | +11.9% |
| 19 Aug 2022 | +6.2% |
| 26 Aug 2022 | +23.4% |
| 2 Sep 2022 | +17.7% |
| 9 Sep 2022 | +37.6% |
| 16 Sep 2022 | +33.6% |
| 23 Sep 2022 | +17.2% |
| 30 Sep 2022 | +30.8% |
| 7 Oct 2022 | +29.7% |
| 14 Oct 2022 | +52.3% |
| 21 Oct 2022 | +59.8% |
| 28 Oct 2022 | +63.9% |
| 4 Nov 2022 | +47.3% |
| 11 Nov 2022 | +39.1% |
| 18 Nov 2022 | +15.4% |
| 25 Nov 2022 | +20.0% |
| 2 Dec 2022 | +27.4% |
| 9 Dec 2022 | +6.2% |
| 16 Dec 2022 | +9.2% |
| 23 Dec 2022 | +8.2% |
| 30 Dec 2022 | −0.9% |
| 6 Jan 2023 | −22.4% |
| 13 Jan 2023 | −26.9% |
| 20 Jan 2023 | −32.4% |
| 27 Jan 2023 | −29.5% |
| 3 Feb 2023 | −11.5% |
| 10 Feb 2023 | −25.7% |
| 17 Feb 2023 | −1.5% |
| 24 Feb 2023 | −4.8% |
| 3 Mar 2023 | −9.0% |
| 10 Mar 2023 | +16.9% |
| 17 Mar 2023 | +19.9% |
| 24 Mar 2023 | +24.1% |
| 31 Mar 2023 | +35.5% |
| 6 Apr 2023 | +72.9% |
| 14 Apr 2023 | +78.1% |
| 21 Apr 2023 | +78.1% |
| 28 Apr 2023 | +52.5% |
| 5 May 2023 | +25.7% |
| 12 May 2023 | +38.0% |
| 19 May 2023 | +37.8% |
| 26 May 2023 | +29.7% |
| 2 Jun 2023 | +37.8% |
| 9 Jun 2023 | +16.1% |
| 16 Jun 2023 | −1.5% |
| 23 Jun 2023 | −9.0% |
| 30 Jun 2023 | −14.0% |
| 7 Jul 2023 | −26.2% |
| 14 Jul 2023 | −25.3% |
| 21 Jul 2023 | −23.4% |
| 28 Jul 2023 | −11.9% |
| 4 Aug 2023 | −13.0% |
| 11 Aug 2023 | −11.7% |
| 18 Aug 2023 | −9.0% |
| 25 Aug 2023 | +0.4% |
| 1 Sep 2023 | −1.8% |
| 8 Sep 2023 | −7.7% |
| 15 Sep 2023 | −0.2% |
| 22 Sep 2023 | +16.5% |
| 29 Sep 2023 | +22.0% |
| 6 Oct 2023 | +34.3% |
| 13 Oct 2023 | +28.7% |
| 20 Oct 2023 | +26.7% |
| 27 Oct 2023 | +22.6% |
| 3 Nov 2023 | +24.4% |
| 10 Nov 2023 | +43.8% |
| 17 Nov 2023 | +24.5% |
| 24 Nov 2023 | +23.2% |
| 1 Dec 2023 | +21.8% |
| 8 Dec 2023 | +27.3% |
| 15 Dec 2023 | +23.7% |
| 22 Dec 2023 | +12.6% |
| 29 Dec 2023 | +5.4% |
| 5 Jan 2024 | −3.0% |
| 12 Jan 2024 | −10.0% |
| 19 Jan 2024 | −3.1% |
| 26 Jan 2024 | −8.8% |
| 2 Feb 2024 | −2.7% |
| 9 Feb 2024 | −15.9% |
| 16 Feb 2024 | −14.8% |
| 23 Feb 2024 | −23.0% |
| 1 Mar 2024 | +8.9% |
| 8 Mar 2024 | −8.0% |
| 15 Mar 2024 | +2.6% |
| 22 Mar 2024 | +0.8% |
| 28 Mar 2024 | +7.8% |
| 5 Apr 2024 | +14.9% |
| 12 Apr 2024 | +26.0% |
| 19 Apr 2024 | +9.4% |
| 26 Apr 2024 | +13.8% |
| 3 May 2024 | +9.2% |
| 10 May 2024 | +15.3% |
| 17 May 2024 | +23.1% |
| 24 May 2024 | +32.1% |
| 31 May 2024 | −4.3% |
| 7 Jun 2024 | +11.9% |
| 14 Jun 2024 | +11.9% |
| 21 Jun 2024 | +13.3% |
| 28 Jun 2024 | +9.5% |
| 5 Jul 2024 | +6.1% |
| 12 Jul 2024 | +8.7% |
| 19 Jul 2024 | +21.7% |
| 26 Jul 2024 | +24.5% |
| 2 Aug 2024 | +22.8% |
| 9 Aug 2024 | +10.1% |
| 16 Aug 2024 | +5.5% |
| 23 Aug 2024 | +3.8% |
| 30 Aug 2024 | +10.2% |
| 6 Sep 2024 | +1.6% |
| 13 Sep 2024 | −0.9% |
| 20 Sep 2024 | +2.0% |
| 27 Sep 2024 | −3.1% |
| 4 Oct 2024 | +9.5% |
| 11 Oct 2024 | +5.3% |
| 18 Oct 2024 | +6.5% |
| 25 Oct 2024 | +1.8% |
| 1 Nov 2024 | +6.3% |
| 8 Nov 2024 | +33.6% |
| 15 Nov 2024 | +30.9% |
| 22 Nov 2024 | +39.3% |
| 29 Nov 2024 | +33.3% |
| 6 Dec 2024 | +47.3% |
| 13 Dec 2024 | +37.1% |
| 20 Dec 2024 | +39.1% |
| 27 Dec 2024 | +39.4% |
| 3 Jan 2025 | +23.5% |
| 10 Jan 2025 | +29.1% |
| 17 Jan 2025 | +29.4% |
| 24 Jan 2025 | +31.5% |
| 31 Jan 2025 | +31.6% |
| 7 Feb 2025 | +8.8% |
| 14 Feb 2025 | −9.4% |
| 21 Feb 2025 | −18.6% |
| 28 Feb 2025 | −39.1% |
| 7 Mar 2025 | −37.0% |
| 14 Mar 2025 | −29.0% |
| 21 Mar 2025 | −28.7% |
| 28 Mar 2025 | −25.9% |
| 4 Apr 2025 | −17.2% |
| 11 Apr 2025 | −18.2% |
| 17 Apr 2025 | −18.5% |
| 25 Apr 2025 | −21.4% |
| 2 May 2025 | −26.3% |
| 9 May 2025 | −26.5% |
| 16 May 2025 | −15.4% |
| 23 May 2025 | −10.7% |
| 30 May 2025 | +23.4% |
| 6 Jun 2025 | +22.3% |
| 13 Jun 2025 | +3.8% |
| 20 Jun 2025 | −10.2% |
| 27 Jun 2025 | −13.6% |
| 3 Jul 2025 | −22.4% |
| 11 Jul 2025 | −27.2% |
| 18 Jul 2025 | −29.8% |
| 25 Jul 2025 | −29.6% |
| 1 Aug 2025 | −27.3% |
| 8 Aug 2025 | −45.9% |
| 15 Aug 2025 | −41.1% |
| 22 Aug 2025 | −43.3% |
| 29 Aug 2025 | −44.2% |
| 5 Sep 2025 | −49.5% |
| 12 Sep 2025 | −45.0% |
| 19 Sep 2025 | −37.6% |
| 26 Sep 2025 | −35.2% |
| 3 Oct 2025 | −36.3% |
| 10 Oct 2025 | −32.8% |
| 17 Oct 2025 | −36.5% |
| 24 Oct 2025 | −32.0% |
| 31 Oct 2025 | −38.8% |
| 7 Nov 2025 | −29.3% |
| 14 Nov 2025 | −25.7% |
| 21 Nov 2025 | −25.6% |
| 28 Nov 2025 | −29.8% |
| 5 Dec 2025 | −24.1% |
| 12 Dec 2025 | −20.9% |
| 19 Dec 2025 | −22.9% |
| 26 Dec 2025 | −23.0% |
| 2 Jan 2026 | −26.2% |
| 9 Jan 2026 | −25.7% |
| 16 Jan 2026 | −24.8% |
| 23 Jan 2026 | −24.2% |
| 30 Jan 2026 | −20.4% |
| 6 Feb 2026 | −22.3% |
| 13 Feb 2026 | −38.2% |
| 20 Feb 2026 | −40.2% |
| 27 Feb 2026 | −26.8% |
| 6 Mar 2026 | −20.6% |
| 13 Mar 2026 | −30.3% |
| 20 Mar 2026 | −31.1% |
| 27 Mar 2026 | −36.0% |
| 2 Apr 2026 | −32.7% |
| 10 Apr 2026 | −43.8% |
| 17 Apr 2026 | −38.7% |
| 24 Apr 2026 | −40.0% |
| 1 May 2026 | −33.0% |
| 8 May 2026 | −11.9% |
| 15 May 2026 | −7.6% |
| 22 May 2026 | −2.7% |
| 29 May 2026 | −18.1% |
| 5 Jun 2026 | −23.4% |
| 12 Jun 2026 | −19.7% |
| 18 Jun 2026 | −28.7% |
| 26 Jun 2026 | −14.7% |
| 2 Jul 2026 | −6.7% |
| 10 Jul 2026 | +3.5% |
| 17 Jul 2026 | −1.0% |
| 24 Jul 2026 | −8.7% |
| 31 Jul 2026 | −5.8% |
| 7 Aug 2026 | −24.9% |
| 14 Aug 2026 | −6.0% |
| 21 Aug 2026 | −2.5% |
| 28 Aug 2026 | +4.8% |
| 4 Sep 2026 | +0.2% |
| 11 Sep 2026 | −3.2% |
| 18 Sep 2026 | +5.6% |
| 25 Sep 2026 | −5.8% |
| 2 Oct 2026 | −9.9% |
| 9 Oct 2026 | +1.5% |
| 16 Oct 2026 | +1.8% |
| 23 Oct 2026 | +26.8% |
| 30 Oct 2026 | +17.5% |
| 4 Nov 2026 | +34.2% |
Over the last 6.3 years the share price moved −32% while the S&P 500 moved +135%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Vertex pay?
Vertex, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Vertex on?
Vertex is on one of our US lists: US tech stocks.
Is Vertex profitable?
Vertex, Inc. earned $9.0 M of net profit in the Jun 2026 quarter. Full-year FY25 profit was $7.2 M. That is 4.4% of the quarter's revenue. The same quarter a year earlier lost $961 K. 5 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
FY25 profit $7.2 M
- Net profit $7.2 M
| Quarter | Net profit |
|---|---|
| FY21 | −$1.5 M |
| FY22 | −$12.3 M |
| FY23 | −$13.1 M |
| FY24 | −$52.7 M |
| FY25 | $7.2 M |
Jun 2026: $9.0 M
- Net profit (quarterly) $9.0 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | −$3.4 M |
| Dec 2023 | $15.3 M |
| Mar 2024 | $2.7 M |
| Jun 2024 | $5.2 M |
| Sep 2024 | $7.2 M |
| Dec 2024 | −$67.8 M |
| Mar 2025 | $11.1 M |
| Jun 2025 | −$1.0 M |
| Sep 2025 | $4.0 M |
| Dec 2025 | −$7.0 M |
| Mar 2026 | −$2.5 M |
| Jun 2026 | $9.0 M |
Growth on a year earlier
- Growth on a year earlier −122.6%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | −542.1% |
| Mar 2025 | 314.7% |
| Jun 2025 | −118.6% |
| Sep 2025 | −44% |
| Dec 2025 | – |
| Mar 2026 | −122.6% |
| Jun 2026 | – |
How much revenue does Vertex make, and is it growing?
Vertex, Inc. reported $204 M of revenue in the Jun 2026 quarter, +10.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 15.2% a year on average. The last full year, FY25, came in at $748 M.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $787 M.
FY25 revenue was $748 M, +12.2% on the year before.
FY25 revenue $748 M (+12.2% on the year before), 15.2% a year over 4 years
- Revenue $748 M
| Quarter | Revenue |
|---|---|
| FY21 | $426 M |
| FY22 | $492 M |
| FY23 | $572 M |
| FY24 | $667 M |
| FY25 | $748 M |
Growth on a year earlier
- Growth on a year earlier 12.2%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 15.5% |
| FY23 | 16.4% |
| FY24 | 16.5% |
| FY25 | 12.2% |
Jun 2026: $204 M (+10.5% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) $204 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $145 M |
| Dec 2023 | $155 M |
| Mar 2024 | $157 M |
| Jun 2024 | $161 M |
| Sep 2024 | $170 M |
| Dec 2024 | $178 M |
| Mar 2025 | $177 M |
| Jun 2025 | $185 M |
| Sep 2025 | $192 M |
| Dec 2025 | $195 M |
| Mar 2026 | $197 M |
| Jun 2026 | $204 M |
Growth on a year earlier
- Growth on a year earlier 10.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 14.9% |
| Dec 2023 | 18.1% |
| Mar 2024 | 18.1% |
| Jun 2024 | 15.3% |
| Sep 2024 | 17.5% |
| Dec 2024 | 15.2% |
| Mar 2025 | 12.9% |
| Jun 2025 | 14.6% |
| Sep 2025 | 12.7% |
| Dec 2025 | 9.1% |
| Mar 2026 | 11.1% |
| Jun 2026 | 10.5% |
Recent pace: the last four quarters grew +10.8% on average, against 15.2% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +10.8%, against +12.9% a year over the last 8 quarters (stabilising).
How much of every $100 of sales does Vertex keep?
Vertex, Inc.'s operating margin was 3.4% in the Jun 2026 quarter, 1.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between −1.3% and 2.8%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed −1.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 0.6%, within a range of −1.3% to 2.8% over 5 years
- Operating margin 0.6%
| Quarter | Operating margin |
|---|---|
| FY21 | 0.3% |
| FY22 | −0.8% |
| FY23 | −1.3% |
| FY24 | 2.8% |
| FY25 | 0.6% |
Change on the year before (points)
- Change on the year before (points) −2.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −1.1 pts |
| FY23 | −0.5 pts |
| FY24 | +4.1 pts |
| FY25 | −2.2 pts |
Jun 2026: operating margin 3.4% (+1.8 points on a year earlier)
- Operating margin 3.4%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | −0.3% |
| Dec 2023 | 2.7% |
| Mar 2024 | −1% |
| Jun 2024 | 4.4% |
| Sep 2024 | 4.3% |
| Dec 2024 | 3.3% |
| Mar 2025 | −4.1% |
| Jun 2025 | 1.6% |
| Sep 2025 | 2.2% |
| Dec 2025 | 2.9% |
| Mar 2026 | −1.6% |
| Jun 2026 | 3.4% |
Change on a year earlier (points)
- Change on a year earlier (points) +1.8 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −0.8 pts |
| Dec 2023 | +2.8 pts |
| Mar 2024 | +5.2 pts |
| Jun 2024 | +6.5 pts |
| Sep 2024 | +4.6 pts |
| Dec 2024 | +0.6 pts |
| Mar 2025 | −3.1 pts |
| Jun 2025 | −2.8 pts |
| Sep 2025 | −2.1 pts |
| Dec 2025 | −0.4 pts |
| Mar 2026 | +2.5 pts |
| Jun 2026 | +1.8 pts |
Is Vertex's profit turning into cash?
Vertex, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $166 M of operating cash against $7.2 M of profit. After $96.2 M of spending on assets, $69.3 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $166 M against profit $7.2 M
- Operating cash $166 M
- Net profit $7.2 M
- Free cash $69.3 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $90.3 M | −$1.5 M | $58.6 M |
| FY22 | $63.8 M | −$12.3 M | $18.3 M |
| FY23 | $74.3 M | −$13.1 M | $25.1 M |
| FY24 | $165 M | −$52.7 M | $99.1 M |
| FY25 | $166 M | $7.2 M | $69.3 M |
Jun 2026: operating cash $30.9 M = 342% of the quarter's profit
- Operating cash (quarterly) $30.9 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $27.6 M |
| Dec 2023 | $47.6 M |
| Mar 2024 | $24.6 M |
| Jun 2024 | $57.7 M |
| Sep 2024 | $41.4 M |
| Dec 2024 | $41.1 M |
| Mar 2025 | $14.8 M |
| Jun 2025 | $46.0 M |
| Sep 2025 | $62.5 M |
| Dec 2025 | $42.3 M |
| Mar 2026 | $38.0 M |
| Jun 2026 | $30.9 M |
Operating cash as % of profit
- Operating cash as % of profit 342%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | – |
| Dec 2023 | 311% |
| Mar 2024 | 915% |
| Jun 2024 | 1,118% |
| Sep 2024 | 573% |
| Dec 2024 | – |
| Mar 2025 | 133% |
| Jun 2025 | – |
| Sep 2025 | 1,544% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | 342% |
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Vertex's cash go?
Vertex, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $211 M on assets over the last 3 years. Averaged over those years that is 9.4% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $211 M over the last 3 years.
FY25: capex $96.2 M, steady spending
- Capex $96.2 M
| Quarter | Capex |
|---|---|
| FY21 | $31.7 M |
| FY22 | $45.5 M |
| FY23 | $49.3 M |
| FY24 | $65.8 M |
| FY25 | $96.2 M |
Jun 2026: capex $23.2 M in the quarter
- Capex (quarterly) $23.2 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $13.5 M |
| Dec 2023 | $13.9 M |
| Mar 2024 | $14.4 M |
| Jun 2024 | $21.4 M |
| Sep 2024 | $11.7 M |
| Dec 2024 | $18.2 M |
| Mar 2025 | $21.4 M |
| Jun 2025 | $21.5 M |
| Sep 2025 | $26.4 M |
| Dec 2025 | $26.9 M |
| Mar 2026 | $24.7 M |
| Jun 2026 | $23.2 M |
Free cash
- Free cash $7.7 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $14.1 M |
| Dec 2023 | $33.7 M |
| Mar 2024 | $10.1 M |
| Jun 2024 | $36.4 M |
| Sep 2024 | $29.7 M |
| Dec 2024 | $22.9 M |
| Mar 2025 | −$6.6 M |
| Jun 2025 | $24.5 M |
| Sep 2025 | $36.0 M |
| Dec 2025 | $15.4 M |
| Mar 2026 | $13.3 M |
| Jun 2026 | $7.7 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Vertex's P/E ratio, and how does it compare with its own history?
Vertex, Inc.'s P/E is 694.4×, near the high end of its own history: higher than 90% of past readings. Its usual P/E (the middle reading) is 302.8×, over 2.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 694.4× against a usual 302.8×: near the high end of its own history: higher than 90% of past readings
- P/E 636.8×
- Median 302.8×
| Week | P/E | Median |
|---|---|---|
| 5 Apr 2024 | 738.4× | 302.8× |
| 12 Apr 2024 | 728.8× | 302.8× |
| 19 Apr 2024 | 665.4× | 302.8× |
| 26 Apr 2024 | 686.7× | 302.8× |
| 3 May 2024 | 680.5× | 302.8× |
| 10 May 2024 | 737.2× | 302.8× |
| 17 May 2024 | 758.8× | 302.8× |
| 24 May 2024 | 783.7× | 302.8× |
| 31 May 2024 | 768.6× | 302.8× |
| 7 Jun 2024 | 797.2× | 302.8× |
| 14 Jun 2024 | 817.9× | 302.8× |
| 21 Jun 2024 | 817.9× | 302.8× |
| 28 Jun 2024 | 817.9× | 302.8× |
| 5 Jul 2024 | 296.6× | 302.8× |
| 12 Jul 2024 | 306.4× | 302.8× |
| 19 Jul 2024 | 313.4× | 302.8× |
| 26 Jul 2024 | 321.3× | 302.8× |
| 2 Aug 2024 | 307.1× | 302.8× |
| 9 Aug 2024 | 294.6× | 302.8× |
| 16 Aug 2024 | 297.1× | 302.8× |
| 23 Aug 2024 | 306.3× | 302.8× |
| 30 Aug 2024 | 319.8× | 302.8× |
| 6 Sep 2024 | 291.3× | 302.8× |
| 13 Sep 2024 | 299.5× | 302.8× |
| 20 Sep 2024 | 309.2× | 302.8× |
| 27 Sep 2024 | 303.6× | 302.8× |
| 4 Oct 2024 | 215.3× | 302.8× |
| 11 Oct 2024 | 214.6× | 302.8× |
| 18 Oct 2024 | 227.9× | 302.8× |
| 25 Oct 2024 | 223.8× | 302.8× |
| 1 Nov 2024 | 224.3× | 302.8× |
| 8 Nov 2024 | 276.5× | 302.8× |
| 15 Nov 2024 | 261.2× | 302.8× |
| 22 Nov 2024 | 286.3× | 302.8× |
| 29 Nov 2024 | 288.6× | 302.8× |
| 6 Dec 2024 | 299.5× | 302.8× |
| 13 Dec 2024 | 278.7× | 302.8× |
| 20 Dec 2024 | 284.7× | 302.8× |
| 27 Dec 2024 | 280.4× | 302.8× |
| 3 Jan 2025 | 273.0× | 302.8× |
| 10 Jan 2025 | 277.4× | 302.8× |
| 17 Jan 2025 | 300.0× | 302.8× |
| 24 Jan 2025 | 305.5× | 302.8× |
| 31 Jan 2025 | 307.2× | 302.8× |
| 7 Feb 2025 | 302.1× | 302.8× |
| 14 Feb 2025 | 247.4× | 302.8× |
| 21 Feb 2025 | 235.2× | 302.8× |
| 28 Feb 2025 | 171.8× | 302.8× |
| 7 Mar 2025 | 172.9× | 302.8× |
| 14 Mar 2025 | 178.7× | 302.8× |
| 21 Mar 2025 | 189.9× | 302.8× |
| 28 Mar 2025 | 189.1× | 302.8× |
| 4 Apr 2025 | 186.1× | 302.8× |
| 11 Apr 2025 | 204.7× | 302.8× |
| 17 Apr 2025 | 208.8× | 302.8× |
| 25 Apr 2025 | 211.4× | 302.8× |
| 2 May 2025 | 208.6× | 302.8× |
| 2 Jan 2026 | 404.5× | 302.8× |
| 9 Jan 2026 | 424.7× | 302.8× |
| 16 Jan 2026 | 410.6× | 302.8× |
| 23 Jan 2026 | 419.1× | 302.8× |
| 30 Jan 2026 | 394.7× | 302.8× |
| 6 Feb 2026 | 334.7× | 302.8× |
| 13 Feb 2026 | 271.3× | 302.8× |
| 20 Feb 2026 | 271.1× | 302.8× |
| 27 Feb 2026 | 308.1× | 302.8× |
| 6 Mar 2026 | 324.5× | 302.8× |
| 13 Mar 2026 | 283.0× | 302.8× |
| 20 Mar 2026 | 273.6× | 302.8× |
| 27 Mar 2026 | 241.3× | 302.8× |
| 2 Apr 2026 | 256.0× | 302.8× |
| 10 Apr 2026 | 229.8× | 302.8× |
| 17 Apr 2026 | 262.8× | 302.8× |
| 24 Apr 2026 | 266.4× | 302.8× |
| 1 May 2026 | 280.6× | 302.8× |
| 8 May 2026 | 317.7× | 302.8× |
| 15 May 2026 | 273.4× | 302.8× |
| 22 May 2026 | 286.0× | 302.8× |
| 29 May 2026 | 284.0× | 302.8× |
| 5 Jun 2026 | 280.0× | 302.8× |
| 12 Jun 2026 | 261.3× | 302.8× |
| 18 Jun 2026 | 236.6× | 302.8× |
| 26 Jun 2026 | 241.9× | 302.8× |
| 2 Jul 2026 | 514.0× | 302.8× |
| 10 Jul 2026 | 495.2× | 302.8× |
| 17 Jul 2026 | 512.0× | 302.8× |
| 24 Jul 2026 | 474.8× | 302.8× |
| 31 Jul 2026 | 516.4× | 302.8× |
| 7 Aug 2026 | 477.6× | 302.8× |
| 14 Aug 2026 | 508.8× | 302.8× |
| 21 Aug 2026 | 538.8× | 302.8× |
| 28 Aug 2026 | 568.8× | 302.8× |
| 4 Sep 2026 | 550.8× | 302.8× |
| 11 Sep 2026 | 490.4× | 302.8× |
| 18 Sep 2026 | 478.4× | 302.8× |
| 25 Sep 2026 | 454.8× | 302.8× |
| 2 Oct 2026 | 480.4× | 302.8× |
| 9 Oct 2026 | 518.0× | 302.8× |
| 16 Oct 2026 | 534.8× | 302.8× |
| 23 Oct 2026 | 615.6× | 302.8× |
| 30 Oct 2026 | 612.8× | 302.8× |
| 4 Nov 2026 | 636.8× | 302.8× |
Earnings per share, 12 months
- Earnings per share, 12 months $0.03
| Week | Earnings per share, 12 months |
|---|---|
| 5 Apr 2024 | – |
| 12 Apr 2024 | – |
| 19 Apr 2024 | – |
| 26 Apr 2024 | – |
| 3 May 2024 | – |
| 10 May 2024 | – |
| 17 May 2024 | – |
| 24 May 2024 | – |
| 31 May 2024 | – |
| 7 Jun 2024 | – |
| 14 Jun 2024 | – |
| 21 Jun 2024 | – |
| 28 Jun 2024 | $0.04 |
| 5 Jul 2024 | $0.04 |
| 12 Jul 2024 | $0.04 |
| 19 Jul 2024 | $0.04 |
| 26 Jul 2024 | $0.04 |
| 2 Aug 2024 | $0.04 |
| 9 Aug 2024 | $0.04 |
| 16 Aug 2024 | $0.04 |
| 23 Aug 2024 | $0.04 |
| 30 Aug 2024 | $0.04 |
| 6 Sep 2024 | $0.04 |
| 13 Sep 2024 | $0.04 |
| 20 Sep 2024 | $0.04 |
| 27 Sep 2024 | $0.12 |
| 4 Oct 2024 | $0.12 |
| 11 Oct 2024 | $0.12 |
| 18 Oct 2024 | $0.12 |
| 25 Oct 2024 | $0.12 |
| 1 Nov 2024 | $0.12 |
| 8 Nov 2024 | $0.12 |
| 15 Nov 2024 | $0.12 |
| 22 Nov 2024 | $0.12 |
| 29 Nov 2024 | $0.12 |
| 6 Dec 2024 | $0.12 |
| 13 Dec 2024 | $0.12 |
| 20 Dec 2024 | $0.12 |
| 27 Dec 2024 | $0.19 |
| 3 Jan 2025 | $0.19 |
| 10 Jan 2025 | $0.19 |
| 17 Jan 2025 | $0.19 |
| 24 Jan 2025 | $0.19 |
| 31 Jan 2025 | $0.19 |
| 7 Feb 2025 | $0.19 |
| 14 Feb 2025 | $0.19 |
| 21 Feb 2025 | $0.19 |
| 28 Feb 2025 | $0.19 |
| 7 Mar 2025 | $0.19 |
| 14 Mar 2025 | $0.19 |
| 21 Mar 2025 | $0.19 |
| 28 Mar 2025 | $0.19 |
| 4 Apr 2025 | $0.19 |
| 11 Apr 2025 | $0.19 |
| 17 Apr 2025 | $0.19 |
| 25 Apr 2025 | $0.19 |
| 2 May 2025 | $0.19 |
| 2 Jan 2026 | $0.19 |
| 9 Jan 2026 | $0.19 |
| 16 Jan 2026 | $0.19 |
| 23 Jan 2026 | $0.19 |
| 30 Jan 2026 | $0.19 |
| 6 Feb 2026 | $0.19 |
| 13 Feb 2026 | $0.19 |
| 20 Feb 2026 | $0.19 |
| 27 Feb 2026 | $0.19 |
| 6 Mar 2026 | $0.19 |
| 13 Mar 2026 | $0.19 |
| 20 Mar 2026 | $0.19 |
| 27 Mar 2026 | $0.05 |
| 2 Apr 2026 | $0.05 |
| 10 Apr 2026 | $0.05 |
| 17 Apr 2026 | $0.05 |
| 24 Apr 2026 | $0.05 |
| 1 May 2026 | $0.05 |
| 8 May 2026 | $0.05 |
| 15 May 2026 | $0.05 |
| 22 May 2026 | $0.05 |
| 29 May 2026 | $0.05 |
| 5 Jun 2026 | $0.05 |
| 12 Jun 2026 | $0.05 |
| 18 Jun 2026 | $0.05 |
| 26 Jun 2026 | $0.05 |
| 2 Jul 2026 | $0.05 |
| 10 Jul 2026 | $0.05 |
| 17 Jul 2026 | $0.05 |
| 24 Jul 2026 | $0.05 |
| 31 Jul 2026 | $0.05 |
| 7 Aug 2026 | $0.05 |
| 14 Aug 2026 | $0.05 |
| 21 Aug 2026 | $0.05 |
| 28 Aug 2026 | $0.05 |
| 4 Sep 2026 | $0.05 |
| 11 Sep 2026 | $0.05 |
| 18 Sep 2026 | $0.05 |
| 25 Sep 2026 | $0.03 |
| 2 Oct 2026 | $0.03 |
| 9 Oct 2026 | $0.03 |
| 16 Oct 2026 | $0.03 |
| 23 Oct 2026 | $0.03 |
| 30 Oct 2026 | $0.03 |
| 4 Nov 2026 | $0.03 |
PEG 2.50 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 2.50×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Mar 2022 | 6.00× | 1.00× |
| Jun 2022 | 6.00× | 1.00× |
| Sep 2022 | 6.00× | 1.00× |
| Dec 2022 | 6.00× | 1.00× |
| Mar 2023 | 6.00× | 1.00× |
| Jun 2023 | 4.62× | 1.00× |
| Sep 2023 | 4.68× | 1.00× |
| Dec 2023 | 3.20× | 1.00× |
| Mar 2024 | 5.63× | 1.00× |
| Jun 2024 | 6.00× | 1.00× |
| Sep 2024 | 4.54× | 1.00× |
| Dec 2024 | 6.00× | 1.00× |
| Mar 2025 | 2.53× | 1.00× |
| Jun 2025 | 3.81× | 1.00× |
| Sep 2025 | 2.72× | 1.00× |
| Dec 2025 | 2.50× | 1.00× |
| Mar 2026 | 2.50× | 1.00× |
| Jun 2026 | 2.50× | 1.00× |
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the Vertex business getting better or worse?
Vertex, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +12.2% in FY25
- Revenue growth 12.2%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 15.5% |
| FY23 | 16.4% |
| FY24 | 16.5% |
| FY25 | 12.2% |
Three growth lines over twelve quarters: revenue stabilising
- Revenue 10.8%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 16.2% |
| Dec 2023 | 16.4% |
| Mar 2024 | 17.1% |
| Jun 2024 | 16.6% |
| Sep 2024 | 17.3% |
| Dec 2024 | 16.5% |
| Mar 2025 | 15.2% |
| Jun 2025 | 15% |
| Sep 2025 | 13.8% |
| Dec 2025 | 12.2% |
| Mar 2026 | 11.8% |
| Jun 2026 | 10.8% |
Profit, EPS
- Profit −122.6%
- EPS −284.7%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | – | – |
| Dec 2023 | – | – |
| Mar 2024 | – | – |
| Jun 2024 | – | – |
| Sep 2024 | – | – |
| Dec 2024 | −300% | – |
| Mar 2025 | 300% | −300% |
| Jun 2025 | −118.6% | −300% |
| Sep 2025 | −44% | −284.7% |
| Dec 2025 | – | – |
| Mar 2026 | −122.6% | – |
| Jun 2026 | – | – |
ROCE: the return line, worked out each quarter
- ROCE 2%
| Quarter | ROCE |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | 0.8% |
| Mar 2026 | 1.5% |
| Jun 2026 | 2% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +12.2% | +15.0% | — | — |
| Stock price | −18.4% | −12.0% | −5.0% | — |
How much does Vertex earn on its capital?
Vertex, Inc. earned a ROE of 3% in FY25. That is up from a low of −29% in FY24. Its return on capital used (ROIC) is 7.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a 1.0% net margin and 0.59× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a 1.0% net margin × 0.59× asset turnover × 4.91× leverage (assets divided by equity) ≈ 2.9% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: −0.5% − 7.4% = −7.9 percentage points. The 7.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
The −0.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 1.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE 3%, the climb back from FY24's −29%
- ROE 2.8%
- ROIC (annual) 1.7%
- Cost of capital 7.4%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | −0.6% | 2% | 7.4% |
| FY22 | −5.4% | −2.2% | 7.4% |
| FY23 | −5.2% | −3.4% | 7.4% |
| FY24 | −29.4% | −222.3% | 7.4% |
| FY25 | 2.8% | 1.7% | 7.4% |
Jun 2026: ROIC 2.9% (last 12 months) against a 7.4% cost of capital
- ROIC (12 months) 2.9%
- ROE (12 months) −4%
- Cost of capital 7.4%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | −5% | −12.3% | 7.4% |
| Dec 2023 | −5.5% | −6.1% | 7.4% |
| Mar 2024 | −3.6% | 25.9% | 7.4% |
| Jun 2024 | −0.3% | 4.3% | 7.4% |
| Sep 2024 | 3% | 8.5% | 7.4% |
| Dec 2024 | 5.6% | 11.7% | 7.4% |
| Mar 2025 | 5.9% | −123.7% | 7.4% |
| Jun 2025 | 3.6% | 23.4% | 7.4% |
| Sep 2025 | 2.6% | −1.7% | 7.4% |
| Dec 2025 | 1.2% | 6.3% | 7.4% |
| Mar 2026 | 1% | −10.7% | 7.4% |
| Jun 2026 | 2.9% | −4% | 7.4% |
Does Vertex have too much debt?
Vertex, Inc. has total debt of $350 M against shareholder equity of $241 M as of Jun 2026, so its debt is 1.45× its equity. Year by year, that ratio went from 0.12 in FY21 to 1.35 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $351 M, 1.35× equity
- Total debt $351 M
| Quarter | Total debt |
|---|---|
| FY21 | $28.6 M |
| FY22 | $73.5 M |
| FY23 | $67.0 M |
| FY24 | $352 M |
| FY25 | $351 M |
Debt-to-equity
- Debt-to-equity 1.35×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.12× |
| FY22 | 0.32× |
| FY23 | 0.26× |
| FY24 | 1.96× |
| FY25 | 1.35× |
Jun 2026: debt $350 M, debt-to-equity 1.45
- Total debt (quarterly) $350 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $69.2 M |
| Dec 2023 | $67.0 M |
| Mar 2024 | $65.2 M |
| Jun 2024 | $352 M |
| Sep 2024 | $352 M |
| Dec 2024 | $352 M |
| Mar 2025 | $351 M |
| Jun 2025 | $352 M |
| Sep 2025 | $351 M |
| Dec 2025 | $351 M |
| Mar 2026 | $350 M |
| Jun 2026 | $350 M |
Debt-to-equity
- Debt-to-equity 1.45×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.31× |
| Dec 2023 | 0.26× |
| Mar 2024 | 0.26× |
| Jun 2024 | 1.51× |
| Sep 2024 | 1.36× |
| Dec 2024 | 1.96× |
| Mar 2025 | 1.75× |
| Jun 2025 | 1.42× |
| Sep 2025 | 1.33× |
| Dec 2025 | 1.35× |
| Mar 2026 | 1.42× |
| Jun 2026 | 1.45× |
What is the Vertex shareholding pattern?
7.7% of Vertex, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Vertex from balance-sheet trouble?
For Vertex, Inc., the Z-score is 2.52. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 2.52 is in the grey area, neither clearly safe nor clearly in trouble.
How does Vertex rank in its industry?
There is no score against its industry: Vertex, Inc. is not among the largest members shown in this industry comparison for Software - Application.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Vertex compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Vertex in size?
Vertex is the 75th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: SPS Commerce, Inc., Webull Corporation and Asana, Inc. Just below it: Blackbaud, Inc., nCino, Inc. and Grindr Inc.
Software - Application companies close in size
- SPS Commerce, Inc. $3 billion
- Webull Corporation $2.9 billion
- Asana, Inc. $2.7 billion
- Vertex, Inc. $2.6 billion
- Blackbaud, Inc. $2.5 billion
- nCino, Inc. $2.5 billion
- Grindr Inc. $2.4 billion
All 142 Software - Application companies, largest first
Companies close in size in other industries
- Four Corners Property Trust, Inc. $2.6 billion · REIT - Retail
- Talos Energy Inc. $2.6 billion · Oil & Gas Exploration & Production
- Vertex, Inc. $2.6 billion
- PHINIA Inc. $2.6 billion · Auto Parts
- Huron Consulting Group Inc. $2.6 billion · Consulting Services
What else do people ask about Vertex?
What were Vertex's latest quarterly results?
Vertex, Inc. reported revenue of $204 M and net profit of $9.0 M for the Jun 2026 quarter. Earnings per share were $0.06. The operating margin was 3.4%, 1.8 percentage points higher than a year earlier (as of 4 November 2026).
What is Vertex's market cap?
Vertex, Inc.'s market capitalisation is $2.6 B at a stock price of $15.92. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Vertex performing?
Vertex, Inc.'s share price has been stalling near its high for 3 weeks. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running. This describes what the data did, not a rating (as of 4 November 2026).
Will Vertex's stock price go up?
This page does not forecast Vertex, Inc.'s stock price. What it shows instead: the stock price is $15.92, and it has been stalling near its high for 3 weeks. Its P/E of 694.4× is higher than 90% of its own last 3 years (as of 4 November 2026).
Does Vertex have too much debt?
Yes, Vertex, Inc. has a lot of debt: its debt is 1.94× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).
Where is Vertex in its business cycle?
Vertex, Inc.'s FY25 operating margin was 0.6%, against a 5-year range of −1.3% to 2.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.4%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Vertex story?
The main question: results are strong, and the P/E is higher than 90% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Vertex a stock worth studying right now?
What the numbers show: Vertex, Inc.'s results are improving, and its P/E is near the top of its own history, higher than 90% of past readings. The main open question: whether earnings grow enough to match the multiple.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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