secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001104659-26-056674
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000110465926056674/0001104659-26-056674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000110465926056674/verx-20260507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056674

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer