NASDAQ$VERX

Vertex Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Vertex reported Q2 2025 revenue of $184.6M, a net loss of $961.0K, diluted EPS of $-0.01.

For Q2 2025, Vertex reported Revenue was $184.6M, net loss was $961.0K, diluted EPS was $-0.01. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $184.6M for Q2 2025.
  • Net loss $961.0K.
  • Diluted EPS $-0.01.

Headline financials

Total Revenue

$185M

Previous: $161M+14.6%
EPS (adj)

-$0.01

Previous: $0.15-106.7%
Annual Recurring Revenue

$637M

No prior period
Net Revenue Retention

108.0%

Previous: 110.0%-1.8%
Gross Revenue Retention

95.0%

Previous: 95.0%+0.0%
Average Annual Revenue per direct customer

$131K

Previous: $124K+6.0%
Direct Customers

4.9K

Previous: 4.4K+9.6%
Indirect Customers

504

Previous: 460+9.6%
Adjusted EBITDA

$38.4M

Previous: $38.5M-0.4%
Adjusted EBITDA Margin

20.8%

Previous: 23.9%-13.0%
Free Cash Flow Margin

10.6%

Previous: 22.9%-53.7%
Net Income

-$961K

Previous: $5.16M-118.6%
Operating Income

-$3.9M

Previous: $7.55M-151.7%
Gross Profit

$121M

Previous: $103M+18.0%

Revenue & EPS history

Vertex · Revenue · Quarterly

$185M

Q2 2025+14.6%vs Q2 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Vertex · $23.7M total across 1 segment · Q3 2023

  • Services
    $23.7M+19.5%

Forward guidance

Digital platforms cite user growth, product investment, and margin expansion targets.

Tailwinds

  • Core platform engagement and monetization trends.
  • Operating leverage and share repurchase capacity.

Headwinds

  • Competition and regulatory scrutiny in key markets.
  • Macro and FX can pressure growth rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.5%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+4.2%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+32.1%

Q4 2023

Best reaction

-20.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.2%+6.8%+3.9%
Q4 2025-13.8%-14.3%-10.6%
Q3 2025-8.5%-14.8%-13.6%
Q2 2025-18.0%-24.4%-27.3%
Q1 2025-3.1%-3.3%+6.1%
Q4 2024-19.0%-24.4%-16.6%
Q3 2024+17.4%+12.8%+28.8%
Q2 2024-1.4%-1.5%-2.5%
Q1 2024+1.3%+5.1%+13.7%
Q4 2023+32.1%+17.9%+25.0%
Q3 2023+21.3%+23.7%+27.6%
Q2 2023+8.2%+9.9%+23.1%
Q1 2023-5.9%-7.0%+8.7%
Q4 2022+20.2%+21.2%+48.4%
Q3 2022+11.3%+3.1%-7.0%
Q2 2022+10.1%+10.4%+13.6%
Q1 2022-19.7%-5.5%-13.2%
Q4 2021+1.1%-5.6%+16.0%
Q3 2021+1.4%+1.1%-14.2%
Q2 2021-0.2%+3.0%+1.7%
Q1 2021+13.5%+20.4%+16.7%
Q4 2020-20.9%-16.6%-34.3%
Q3 2020-10.2%-8.8%-1.2%
Q2 2020+0.7%-2.0%+8.4%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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