NASDAQ$VERX

Vertex Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Vertex reported Q4 2024 revenue of $178.5M, a net loss of $67.8M, diluted EPS of $-0.43.

For Q4 2024, Vertex reported Revenue was $178.5M, net loss was $67.8M, diluted EPS was $-0.43. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $178.5M for Q4 2024.
  • Net loss $67.8M.
  • Diluted EPS $-0.43.

Headline financials

Total Revenue

$179M

Previous: $155M+15.2%
EPS (adj)

-$0.43

Previous: $0.13-430.8%
Annual Recurring Revenue

$602M

Previous: $513M+17.5%
Net Revenue Retention

109.0%

No prior period
Gross Revenue Retention

95.0%

No prior period
Average Annual Revenue per direct customer

$123K

No prior period
Direct Customers

4.9K

No prior period
Indirect Customers

464

No prior period
Adjusted EBITDA

$38.1M

No prior period
Adjusted EBITDA Margin

21.3%

No prior period
Free Cash Flow Margin

10.0%

No prior period
Capital Expenditures

-$23.2M

Previous: -$18.8M-23.6%
Net Income

-$67.8M

Previous: $15.3M-542.2%
Operating Income

-$13.1M

Previous: -$2.49M-426.1%
Gross Profit

$117M

Previous: $89.2M+31.3%
R&D Expense

$19.6M

Previous: $12.9M+51.9%

Revenue & EPS history

Vertex · Revenue · Quarterly

$179M

Q4 2024+15.2%vs Q4 2023
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

Management cites product investment, subscriber growth, and margin discipline.

Tailwinds

  • Platform or subscription metrics support the growth narrative.
  • Cost actions may improve profitability over time.

Headwinds

  • Macro and competition can pressure growth and ARPU.
  • Marketing and R&D spend may weigh on near-term earnings.

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 Q4 2024

Historical avgQ4 2024

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro