---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-011204"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:51:21.966670+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vertex Q2 revenue $161.1M (+15.3% YoY); GAAP net income positive for third straight quarter

## Summary
- Revenue $161.1M, up 15.3% YoY; cloud revenue $66.3M, up 29.6%.
- GAAP net income $5.2M vs loss $(6.9M) in prior year; diluted EPS $0.03 vs $(0.05).
- Adjusted EBITDA $38.5M (margin 23.9%) vs $22.0M (15.7%) prior year.
- ARR grew 17.3% YoY to $548.4M; Net Revenue Retention 110%.
- Announced intent to acquire ecosio, an e-invoicing/EDI company based in Austria.

## SEC filing metadata
- accession: 0001558370-24-011204
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806837/000155837024011204/0001558370-24-011204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000155837024011204/verx-20240807x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-011204
- JSON: https://secwatch.observer/filing/0001558370-24-011204.json
- Plain text: https://secwatch.observer/filing/0001558370-24-011204.txt

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