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Vertex, Inc. (VERX) Fundamental Analysis & AI Grade 2026

VERX Nasdaq Services-Prepackaged Software DE CIK: 0001806837
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
75% Confidence
N/A
C
75% Conf
Pending
Analysis scheduled

📊 VERX Key Takeaways

Revenue: $196.6M
Net Margin: -1.3%
Free Cash Flow: $16.0M
Current Ratio: 0.86x
Debt/Equity: 1.37x
EPS: $0.00
AI Grade: C with 75% confidence
Vertex, Inc. (VERX) receives a C fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $196.6M, net profit margin of -1.3%, and return on equity (ROE) of -1.0%, Vertex, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete VERX stock analysis for 2026.

Is Vertex, Inc. (VERX) a Good Investment?

Claude

Vertex demonstrates strong gross margins (63.5%) typical of software businesses, but fails to achieve operating profitability despite $196.6M in revenue, with negative operating income of -$10.6M indicating excessive operating expenses. Critical liquidity concerns (current ratio 0.86x) combined with high leverage (debt/equity 1.37x) and negative interest coverage (-2.7x) create significant financial stress, despite positive free cash flow generation and a reasonable cash buffer of $252.5M.

Vertex, Inc. Key Strengths (VERX)

Claude
  • + Strong gross margin of 63.5% indicating solid underlying unit economics and pricing power
  • + Positive free cash flow of $16M demonstrates ability to generate cash despite GAAP losses
  • + Substantial cash position of $252.5M provides runway for operational improvements

VERX Stock Risks: Vertex, Inc. Investment Risks

Claude
  • ! Current ratio of 0.86x signals potential liquidity crisis and difficulty meeting short-term obligations
  • ! Negative interest coverage ratio (-2.7x) indicates company cannot service debt from operating income
  • ! Extreme YoY revenue growth (14,161.5%) likely acquisition-driven rather than organic; integration risks and revenue sustainability unclear
  • ! Operating loss of -$10.6M on $196.6M revenue suggests inability to control operating expenses despite substantial gross profit

Key Metrics to Watch

Claude
  • * Operating income trend toward profitability and positive operating margins
  • * Current ratio improvement above 1.0x to resolve liquidity concerns
  • * Interest coverage ratio achieving positive territory (>2.0x)
  • * Free cash flow sustainability and debt paydown trajectory

Vertex, Inc. (VERX) Financial Metrics & Key Ratios

Revenue
$196.6M
Net Income
$-2.5M
EPS (Diluted)
$0.00
Free Cash Flow
$16.0M
Total Assets
$1.2B
Cash Position
$252.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

VERX Profit Margin, ROE & Profitability Analysis

Gross Margin 63.5%
Operating Margin -5.4%
Net Margin -1.3%
ROE -1.0%
ROA -0.2%
FCF Margin 8.1%

VERX vs Technology Sector: How Vertex, Inc. Compares

How Vertex, Inc. compares to Technology sector averages

Net Margin
VERX -1.3%
vs
Sector Avg 18.0%
VERX Sector
ROE
VERX -1.0%
vs
Sector Avg 22.0%
VERX Sector
Current Ratio
VERX 0.9x
vs
Sector Avg 2.5x
VERX Sector
Debt/Equity
VERX 1.4x
vs
Sector Avg 0.5x
VERX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Vertex, Inc. Stock Overvalued? VERX Valuation Analysis 2026

Based on fundamental analysis, Vertex, Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
-1.0%
Sector avg: 22%
Net Profit Margin
-1.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.37x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Vertex, Inc. Balance Sheet: VERX Debt, Cash & Liquidity

Current Ratio
0.86x
Quick Ratio
0.86x
Debt/Equity
1.37x
Debt/Assets
79.7%
Interest Coverage
-2.68x
Long-term Debt
$338.0M

VERX Revenue & Earnings Growth: 5-Year Financial Trend

VERX 5-year financial data: Year 2021: Revenue $425.5M, Net Income $31.1M, EPS N/A. Year 2022: Revenue $491.6M, Net Income -$75.1M, EPS N/A. Year 2023: Revenue $572.4M, Net Income -$1.5M, EPS N/A. Year 2024: Revenue $666.8M, Net Income -$12.3M, EPS N/A. Year 2025: Revenue $748.4M, Net Income -$13.1M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Vertex, Inc.'s revenue has grown significantly by 76% over the 5-year period, indicating strong business expansion.

VERX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.1%
Free cash flow / Revenue

VERX Quarterly Earnings & Performance

Quarterly financial performance data for Vertex, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $177.1M -$2.5M N/A
Q3 2025 $170.4M -$961.0K N/A
Q2 2025 $161.1M -$961.0K N/A
Q1 2025 $156.8M $2.7M N/A
Q3 2024 $145.0M $2.7M N/A
Q2 2024 $139.7M $2.7M N/A
Q1 2024 $132.8M $2.7M N/A
Q3 2023 $126.2M -$334.0K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Vertex, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$38.0M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Capital Expenditures
$22.0M
Investment in assets
Dividends Paid
$146.1M
Returned to shareholders

VERX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Vertex, Inc. (CIK: 0001806837)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/form4-06012026_080625.xml View →
May 7, 2026 10-Q verx-20260331x10q.htm View →
May 7, 2026 8-K verx-20260507x8k.htm View →
Apr 28, 2026 8-K tm2612960d1_8k.htm View →
Apr 27, 2026 DEF 14A verx-20260610xdef14a.htm View →

Frequently Asked Questions about VERX

What is the AI rating for VERX?

Vertex, Inc. (VERX) has an AI grade of C with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VERX's key strengths?

Claude: Strong gross margin of 63.5% indicating solid underlying unit economics and pricing power. Positive free cash flow of $16M demonstrates ability to generate cash despite GAAP losses.

What are the risks of investing in VERX?

Claude: Current ratio of 0.86x signals potential liquidity crisis and difficulty meeting short-term obligations. Negative interest coverage ratio (-2.7x) indicates company cannot service debt from operating income.

What is VERX's revenue and growth?

Vertex, Inc. reported revenue of $196.6M.

Does VERX pay dividends?

Vertex, Inc. pays dividends, with $146.1M distributed to shareholders in the trailing twelve months.

Where can I find VERX SEC filings?

Official SEC filings for Vertex, Inc. (CIK: 0001806837) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VERX's EPS?

Vertex, Inc. has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is VERX's fundamental grade?

Based on our AI fundamental analysis in June 2026, Vertex, Inc. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is VERX stock overvalued or undervalued?

Valuation metrics for VERX: ROE of -1.0% (sector avg: 22%), net margin of -1.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is VERX's AI grade for 2026?

Our dual AI analysis gives Vertex, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VERX's free cash flow?

Vertex, Inc.'s operating cash flow is $38.0M, with capital expenditures of $22.0M. FCF margin is 8.1%.

How does VERX compare to other Technology stocks?

Vs Technology sector averages: Net margin -1.3% (avg: 18%), ROE -1.0% (avg: 22%), current ratio 0.86 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI