---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105239"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:56:01.439190+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vertex Q3 revenue $192.1M (+12.7%); announces $150M buyback and new CEO

## Summary
- Revenue $192.1M, up 12.7% YoY; cloud revenue $92.0M (+29.6%).
- GAAP EPS $0.02 diluted; Non-GAAP EPS $0.17; Adj. EBITDA $43.5M (22.6% margin).
- Board authorized $150M stock repurchase program for Class A common stock.
- CEO David DeStefano becomes non-executive chair; Christopher Young (ex-Microsoft) named new President and CEO.

## SEC filing metadata
- accession: 0001104659-25-105239
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806837/000110465925105239/0001104659-25-105239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000110465925105239/verx-20251030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105239
- JSON: https://secwatch.observer/filing/0001104659-25-105239.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105239.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.