InsightNodes

Executive Summary

Generated July 30, 2026

Enterprise Software

Vertex

Emerging54% confidenceProfile verified Jul 18, 2026

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

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

  • 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

3 sources, 49% average source confidence — full citations in the Full Analyst Report.

Generated by InsightNodes — Technology Intelligence Platform. This report reflects sourced, evidence-backed information as of the dates cited above and is not investment advice.

Viewing the Executive Summary switch to the Full Analyst Report.