Vertex Q1 revs up 11.1% to $196.6M; GAAP net loss $2.5M; acquires Brinta

Vertex, Inc.

Total revenues $196.6M (+11.1% YoY); Cloud revenue $96.8M (+20.7%); ARR $687.6M (+11.2%).
GAAP operating loss $10.6M vs profit $4.5M; Non-GAAP op income $37.6M; Adj. EBITDA $44.1M (22.4% margin).
Net loss $2.5M ($0.02/sh) vs prior net income $11.1M; Non-GAAP net income $28.7M ($0.17 diluted EPS).
Acquired Brinta, an AI-first e-invoicing startup in Latin America, to expand real-time compliance capabilities.
Announced Value Creation Plan to accelerate profitability and free cash flow; management cites stable customer demand.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Vertex, Inc. reported first quarter ended March 31, 2026 results: revenue $196.6 million, net income $(2.5) million, EPS $0.02.

Period: first quarter ended March 31, 2026
Revenue: $196.6 million
Net income: $(2.5) million
EPS: $0.02
Result: reported results

Exact text from the filing

confident in the strength of our customer relationships, our market position, and the significant opportunity ahead.” First Quarter 2026 Financial Results ● Total revenues of $196.6 million, up 11.1% year-over-year. ● Software subscription revenues of $167.1 million, up 10.9% year-over-year. ● Cloud revenues of $96.8 million, up 20.7% year-over-year. ● Annual

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Source: SEC EDGAR

accession 0001104659-26-056674

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