Vertex Q2 2026 revenue $204M (+10.5% YoY), net income $9M vs loss, adjusted EBITDA $51M beats guidance

Vertex, Inc.

Total revenues $204.0M, up 10.5% YoY; cloud revenues $101.7M, up 17.9% YoY.
Net income $9.0M ($0.06 per share) vs net loss $1.0M in prior year; non-GAAP diluted EPS $0.20.
Adjusted EBITDA $51.0M (25.0% margin) vs $38.4M (20.8% margin) in prior year.
ARR $703.4M, up 10.5% YoY; NRR 105%, GRR 95%.
CEO cites 'AI-First' strategy progress, stable retention, and e-invoicing momentum.

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