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Vertex (VERX)
NASDAQ:VERX
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -3.26%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance with notable revenue and ARR growth, strategic investments in AI, and new customer wins. However, there are concerns about NRR pressure, decreased services margins, and negative cash flow.Company Guidance
During the Vertex, Inc. First Quarter 2025 Earnings Conference Call, the company provided strong financial guidance with revenue for the quarter reaching $177.1 million, a 12.9% increase year-over-year, and subscription revenue growing 14.4%. Cloud revenue growth was notably robust at 29.6%. The company reported an adjusted EBITDA of $37.8 million, yielding an EBITDA margin of 21.3%, which exceeded the high-end of their guidance range. Furthermore, annual recurring revenue (ARR) rose by 17.9% to $618.5 million, while net recurring revenue (NRR) remained strong at 109%, with expectations of it surpassing 110% by year-end. Gross recurring revenue (GRR) was stable at 95%, within the targeted range of 94% to 96%. The company anticipates continued growth in 2025, supported by strategic initiatives like e-invoicing and AI, and highlighted an equity investment in the AI-focused startup Kintsugi.Strong Revenue Growth
Revenue for Q1 2025 was $177.1 million, up 12.9% year-over-year, with subscription revenue growing 14.4% and cloud revenue increasing by 29.6%.
Annual Recurring Revenue (ARR) Increase
ARR grew 17.9% to $618.5 million. Organic ARR growth was 15.1%, excluding contributions from acquisitions.
Successful Customer Engagements
Several notable customer wins across different ecosystems, including a 7-figure deal with a major electronic payments processor and a major real estate investment trust.
Investment in AI and Strategic Partnerships
Equity investment in Kintsugi, an AI startup, to enhance sales tax compliance solutions for SMBs and explore AI applications for enterprise markets.
E-Invoicing Solution Launch
The joint e-invoicing solution with ecosio achieved general availability, positioning Vertex well in anticipation of regulatory changes in major European markets.
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VERX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VERX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 07, 2025 | $38.70 | $37.44 | -3.26% |
| Feb 27, 2025 | $42.63 | $34.54 | -18.98% |
| Nov 06, 2024 | $43.71 | $49.76 | +13.84% |
| Aug 07, 2024 | $36.17 | $34.62 | -4.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vertex (VERX) report earnings?
Vertex (VERX) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Vertex (VERX) earnings time?
Vertex (VERX) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VERX EPS forecast?
VERX EPS forecast for the fiscal quarter 2025 (Q2) is 0.14.
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