Earnings ·
Vertex reports Q3 revenue of $213.3M, raises full-year outlook to $828.9M-$830.9M
VERXVertex, Inc.
Vertex reported third-quarter total revenues of $213.3 million, an 11% increase year-over-year, driven by a 20.4% rise in cloud revenue to $110.8 million and Annual Recurring Revenue (ARR) growth of 11.7% to $724.3 million. The company raised its full-year 2026 revenue guidance to $828.9 million–$830.9 million and Adjusted EBITDA outlook to $217.9 million–$219.9 million, citing accelerating growth in e-invoicing and AI-driven operational improvements. Vertex operates as a global indirect tax and compliance software company.