---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003084"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:39:53.055349+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vertex Q4 revenue $131.1M (+17.4% YoY); Non-GAAP EPS $0.08

## Summary
- Revenue $131.1M (+17.4% YoY); cloud revenue $46.6M (+34.4% YoY); software subscriptions $110.9M (+18.9% YoY).
- ARR $431.1M (+16.5% YoY); NRR 110% (up from 108%); AARPC $100,500 vs $86,700 prior year.
- GAAP net loss $5.3M ($0.04/sh); Non-GAAP net income $12.5M ($0.08 diluted EPS).
- FY2022 revenue $491.6M (+15.5%); adjusted EBITDA $78.7M (16% margin); free cash flow $3.4M vs $46.9M prior year.

## SEC filing metadata
- accession: 0001558370-23-003084
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806837/000155837023003084/0001558370-23-003084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000155837023003084/verx-20230308x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003084
- JSON: https://secwatch.observer/filing/0001558370-23-003084.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003084.txt

## Key facts
- Earnings Releases
  Vertex, Inc. reported fourth quarter and full year ended December 31, 2022 results: revenue Total revenues of $131.1 million (Q4); Total revenues of $491.6 million (FY), net income Net loss of $5.3 million (Q4); Net loss of $12.3 million (FY), EPS Net loss per basic and diluted Class A and Class B shares of $(0.04) (Q4); Net loss per basic and diluted Class A and Cl.
  - Period: fourth quarter and full year ended December 31, 2022
  - Revenue: Total revenues of $131.1 million (Q4); Total revenues of $491.6 million (FY)
  - Net income: Net loss of $5.3 million (Q4); Net loss of $12.3 million (FY)
  - EPS: Net loss per basic and diluted Class A and Class B shares of $(0.04) (Q4); Net loss per basic and diluted Class A and Cl
  - Result: reported results
  source text: our significant growth opportunity. The Vertex team is executing well, and we are optimistic about 2023 and beyond.” ​ Fourth Quarter 2022 Financial Results ● Total revenues of $131.1 million, up 17.4% year-over-year. ● Software subscription revenues of $110.9 million, up 18.9% year-over-year. ● Cloud revenues of $46.6 million, up 34.4% year-over-year. ● Annual
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806837/000155837023003084/0001558370-23-003084-index.htm

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