Strategic Intelligence Report
Generated July 30, 2026
Enterprise Software
Vertex
Strategic importance is our editorial rating of how central this entity is to the technology landscape we track; confidence reflects how well-sourced and current the underlying evidence is.
0
Chokepoint Score
no direct dependencies recorded in the graph
Steady
Momentum
insider filing activity unchanged since last check
Headquarters
King of Prussia, Pennsylvania, USA
Website
Employees
1,700 (2026, approximate)
Founded
1978
Listing
VERX · NASDAQ
Market Cap
$2.14B
Revenue (TTM)
$768.03M
Price
USD13.24 (+7.82%)
Market data as of Jul 29, 2026, 11:25 AM · Source: Yahoo Finance (delayed). Not investment advice.
Overview
Vertex is a tax technology company providing tax calculation, compliance, and reporting software used by enterprises to manage indirect tax obligations globally. Q1 2026 revenue rose 11.1% to $196.6 million with cloud revenue up 20.7%, beating guidance on $44.1 million adjusted EBITDA; Vertex raised full-year EBITDA guidance to $202-208 million and launched a cost-reduction program cutting about 9% of its workforce to fund AI tools like Smart Categorization and e-invoicing investment.
Strategic Connections
Competition / Other
- Workiva: Vertex operates in the broader compliance and regulatory reporting software category alongside platforms like Workiva.
- Financial Services & Banking: Vertex provides tax compliance software used broadly across financial services and enterprise finance functions.
- Intapp: Intapp operates in the broader vertical enterprise software category alongside compliance-focused platforms like Vertex.
Strategic Risks
- Regulatory complexity across jurisdictions requires continuous product investment to stay compliant
Future Outlook
- Continued double-digit revenue growth expected from global indirect tax compliance demand
Sources
- SEC EDGAR 8-K filing (May 2026) — Vertex Q1 2026 revenue grows 11.1% to $196.6M
- Vertex corporate site (Jan 2026) — Vertex Inc corporate overview
- StockTitan (May 2026) — Vertex (NASDAQ: VERX) grows Q1 2026 revenue and boosts EBITDA with cost plan
Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.
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