Source-grounded facts extracted from Vertex, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Vertex, Inc. reported first quarter ended March 31, 2026 results: revenue $196.6 million, net income $(2.5) million, EPS $0.02.
“confident in the strength of our customer relationships, our market position, and the significant opportunity ahead.” First Quarter 2026 Financial Results ● Total revenues of $196.6 million, up 11.1% year-over-year. ● Software subscription revenues of $167.1 million, up 10.9% year-over-year. ● Cloud revenues of $96.8 million, up 20.7% year-over-year. ● Annual”
Vertex, Inc. announced a restructuring with charges of approximately $6 million to $8 million (approximately 170 employees, representing approximately 9% of the Company’s global workforce).
“On April 28, 2026, the Vertex, Inc. (the “Company”) announced its Board of Directors (the “Board”) approved a global Value Creation Plan (the “Plan”) intended to become a more AI-enabled company, focus investments on key growth opportunities and drive operational efficiency to better align the Company’s workforce and resources with its long-term strategic priorities. The Plan includes a reduction in force of approximately 170 employees, representing approximately 9% of the Company’s global workforce as of April 27, 2026. In connection with the Plan, the Company estimates that it will incur aggregate pre-tax charges of approximately $6 million to $8 million, consisting primarily of cash expenditures related to employee severance, notice pay, statutory termination indemnities, and other employee separation benefits.”
Vertex, Inc. reported first quarter ended March 31, 2024 results: revenue Total revenues of $156.8 million, net income Net income of $2.7 million, EPS Net income per basic and diluted Class A and Class B shares of $0.02.
“recent successful convertible debt offering, give me confidence in our ability to continue to grow shareholder value.” First Quarter 2024 Financial Results ● Total revenues of $156.8 million, up 18.1% year-over-year. ● Software subscription revenues of $131.8 million, up 18.8% year-over-year. ● Cloud revenues of $61.8 million, up 28.3% year-over-year. ● Annual”
Vertex, Inc. incurred convertible notes of $345 million aggregate principal amount with Morgan Stanley & Co. LLC at 0.750% per annum maturing May 1, 2029.
“for a period of 13 days from, and including, the date the base notes were issued. The Initial Purchasers elected to exercise the option in full. The issuance of the entire $345 million aggregate principal amount of notes was consummated on April 26, 2024 (the “Closing Date”). The net proceeds from the offering of the notes were approximately $333.7 million,”
Vertex, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $345 million aggregate principal amount of notes (effective 2024-04-26).
“The notes were issued pursuant to, and are and will be governed by, an indenture, dated as of the Closing Date (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Vertex, Inc. entered into Purchase Agreement with Morgan Stanley & Co. LLC as representative of the several initial purchasers valued at $300 million aggregate principal amount (effective 2024-04-23).
“On April 23, 2024, Vertex, Inc. (the “Company”) agreed to sell to the several initial purchasers (the “Initial Purchasers”) for whom Morgan Stanley & Co. LLC acted as representative (the “Representative”), and the Initial Purchasers agreed to purchase from the Company, $300 million aggregate principal amount of the Company’s 0.750% Convertible Senior Notes due 2029 (the “base notes”), pursuant to a purchase agreement (the “Purchase Agreement”) between the Company and the Representative.”
Vertex, Inc. reported the three months ended March 31, 2024 results: revenue between $155.5 million and $157.5 million, net income between $2.4 million and $3.1 million.
“with full details when we announce our full first quarter financial results in early May.” Revenues for the three months ended March 31, 2024 are expected to be between $155.5 million and $157.5 million, compared to $132.8 million for the three months ended March 31, 2023, representing an increase of approximately 17% to 19%. Annual Recurring Revenue at”
Vertex, Inc. amended Fourth Amendment to Credit Agreement with the guarantors party thereto, PNC Bank, National Association, as administrative agent, and the lenders party thereto (effective 2024-04-19).
“On April 19, 2024, Vertex, Inc. (the “Company”), the guarantors party thereto, PNC Bank, National Association, as administrative agent, and the lenders party thereto entered into the Fourth Amendment to Credit Agreement (the “Fourth Amendment”), which amended the Credit Agreement by and among the Company, the guarantors party thereto, PNC Bank, National Association, as administrative agent, and the lenders party thereto, dated as of March 31, 2020 (as previously amended, the “Credit Agreement”), providing for, among other things, amendment of the definition of “Approved Convertible Debt” in Section 1.1 of the Credit Agreement by deleting the phrase “Two Hundred Million Dollars ($200,000,000)” and inserting in lieu thereof the phrase “Three Hundred Million Dollars ($300,000,000).””
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.
“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”
Lisa Butler retired as Principal Accounting Officer at Vertex, Inc..
“approved the appointment of Ryan Leib as Principal Accounting Officer effective upon Lisa Butler’s retirement on March 15, 2024.”
Ryan Leib was appointed as Principal Accounting Officer at Vertex, Inc..
“Mr. Leib will be appointed as the Company’s Chief Accounting Officer on March 15, 2024.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.