---
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"
generated_at: "2026-05-22T08:43:12.184342+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vertex Q1 revenue $177.1M (+12.9%); net income $11.1M vs $2.7M YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-006607
- JSON: https://secwatch.observer/filing/0001558370-25-006607.json
- Plain text: https://secwatch.observer/filing/0001558370-25-006607.txt

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