Vertex, Inc.

VERX Technology Software Application

Vertex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.4 million, up 12.2% from fiscal 2024.

Revenue
+11.0%
EPS
+1,100.0%
Free cash flow
+76.8%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

17.58 1.66 +10.43%
Market cap
$2.9B
P/E
511×
Fwd P/E
71.3×
Dividend yield
—
F-score
6/9
Altman Z
2.41
Beneish M
−2.95
Dividend safety
n/a

Vertex, Inc. (VERX) Free cash flow margin

Alert me on Free cash flow margin

Vertex, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 20.3%, up 14.0 percentage points from fiscal 2025 (6.36%). Over the past ten years it has ranged from 0.70% (fiscal 2022) to 17.3% (fiscal 2018); the current reading is higher than 38% of that period. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 6.36% (5.29)
FY2024 11.7% 10.58
FY2023 1.07% 0.37
FY2022 0.70% (10.33)
FY2021 11.0% 3.89
FY2020 7.14% (9.95)
FY2019 17.1% (0.21)
FY2018 17.3% —

Against its own ten years

Low 0.70% High 17.3%
Ten-year median 9.09%
Current reading's percentile 38

Free cash flow margin against peers

Company Free cash flow margin
BULL Webull Corporation compare 111.5%
ASAN Asana, Inc. compare 29.7%
GRND Grindr Inc. compare 28.0%
SPSC SPS Commerce, Inc. compare 26.0%
BLKB Blackbaud, Inc. compare 24.1%
NCNO nCino Inc. compare 21.2%
VERX Vertex, Inc. 20.3%
PLUS ePlus inc. compare 2.24%
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare −52.2%
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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