---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-015388"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:09:42.277544+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vertex Q3 2021 revenue $110.7M (+17% YoY), cloud revenue up 45.6%, net loss narrows to $3.9M

## Summary
- Total revenues $110.7M (+17% YoY); subscription revenue $92.3M (+15.7%).
- Cloud revenue $33.3M (+45.6% YoY); ARR $352.9M (+15.1%).
- Net loss $(3.9)M vs $(21.0)M prior year; Non-GAAP net income $13.2M, diluted EPS $0.08.
- Adjusted EBITDA $21.4M (19.3% margin) vs $22.5M (23.8% margin) prior year.
- NRR 106%; AARPC $82,900; 4,258 customers.

## SEC filing metadata
- accession: 0001558370-21-015388
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806837/000155837021015388/0001558370-21-015388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000155837021015388/verx-20211110x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-015388
- JSON: https://secwatch.observer/filing/0001558370-21-015388.json
- Plain text: https://secwatch.observer/filing/0001558370-21-015388.txt

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