secwatch.observer — SEC 8-K summary
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Issuer:     Vertex, Inc. (VERX)
CIK:        0001806837
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001558370-25-001684
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vertex Q4 revenue $178.5M (+15%); GAAP net loss $67.8M vs income $15.3M
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- Q4 revenue $178.5M (+15.2% YoY); cloud revenue $76.9M (+27.0% YoY).
- GAAP net loss $67.8M ($0.43/diluted share) vs year-ago net income $15.3M ($0.10/diluted).
- Non-GAAP diluted EPS $0.15; adjusted EBITDA $38.1M (21.3% margin), up from $32.0M (20.7%).
- Full-year revenue $666.8M (+16.5%); GAAP net loss $52.7M vs $13.1M prior year.
- ARR $603.1M (+17.7% YoY); NRR 109%, GRR 95% consistent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806837/000155837025001684/0001558370-25-001684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806837/000155837025001684/verx-20250227x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001684

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer