{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-006607","form_type":"8-K","ticker":"VERX","cik":"0001806837","company_name":"Vertex, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.802625+00:00","generated_at":"2026-05-22T08:43:12.184342+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Vertex Q1 revenue $177.1M (+12.9%); net income $11.1M vs $2.7M YoY","bullets":["Revenue $177.1M (+12.9% YoY); cloud revenue $80.2M (+29.6%); subscription revenue $150.8M (+14.4%).","ARR $618.5M (+17.9%; 15.1% organic); NRR 109%; GRR 95%.","GAAP net income $11.1M ($0.07 EPS) vs $2.7M ($0.02 EPS) YoY; Non-GAAP EPS $0.15.","Adjusted EBITDA $37.2M (21.0% margin) vs $36.7M (23.4% margin) YoY; operating income $4.5M vs loss $1.6M.","CEO highlights progress on e-invoicing and AI; includes investment in Kintsugi AI with IP sharing agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-006607","json":"https://secwatch.observer/filing/0001558370-25-006607.json","markdown":"https://secwatch.observer/filing/0001558370-25-006607.md","text":"https://secwatch.observer/filing/0001558370-25-006607.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806837/000155837025006607/0001558370-25-006607-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806837/000155837025006607/verx-20250507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:43:12.184342+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}