{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002104","form_type":"8-K","ticker":"VERX","cik":"0001806837","company_name":"Vertex, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.607146+00:00","generated_at":"2026-06-05T07:13:34.458995+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vertex Q4 revenue up 18% to $155M; net income $15.3M vs loss of $5.3M","bullets":["Total revenues $154.9M (+18.1% YoY); subscription rev $130.7M (+17.9%).","ARR $512.5M (+18.9% YoY); NRR 113% vs 110% prior year; GRR 95%.","Net income $15.3M ($0.10 basic) vs net loss $5.3M in Q4 2022; Non-GAAP diluted EPS $0.13.","Adjusted EBITDA $32.0M (20.7% margin) vs $21.0M (16.0%) prior year; full-year free cash flow $6.1M.","Full-year 2023 rev $572.4M (+16.4%), net loss $13.1M, adjusted EBITDA $100.8M ($78.7M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002104","json":"https://secwatch.observer/filing/0001558370-24-002104.json","markdown":"https://secwatch.observer/filing/0001558370-24-002104.md","text":"https://secwatch.observer/filing/0001558370-24-002104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806837/000155837024002104/0001558370-24-002104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806837/000155837024002104/verx-20240229x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:13:34.458995+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a45566d94c3e534fca1c54ec5da697ffb55da65","claim":"Vertex, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue $154.9 million, net income $15.3 million, EPS $0.10.","evidence_excerpt":"proud of the focused execution from all our 1,500 employees in serving our distinguished customers and partners.” ​ Fourth Quarter 2023 Financial Results ● Total revenues of $154.9 million, up 18.1% year-over-year. ● Software subscription revenues of $130.7 million, up 17.9% year-over-year. ● Cloud revenues of $60.6 million, up 29.9% year-over-year. ● Annual","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1806837/000155837024002104/0001558370-24-002104-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$154.9 million"},{"label":"Net income","value":"$15.3 million"},{"label":"EPS","value":"$0.10"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}