Vertex, Inc.
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Vertex, Inc. Company Stability & Growth
This page was generated by Built In using publicly available information and AI-based analysis of common questions about the company. It has not been reviewed or approved by the company.
What's the stability & growth outlook for Vertex, Inc.?
Strengths in revenue momentum, market positioning, and innovation are accompanied by GAAP profitability pressure, competitive share concerns, and moderated near-term guidance. Together, these dynamics suggest durable secular growth drivers and a solid position, tempered by execution and margin headwinds that could slow the pace in the near term.
Positive Themes About Vertex, Inc.
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Strong Revenue Growth: The company reports consistent year-over-year increases in total revenue, ARR, and cloud subscriptions across 2024 and into 2025, with preliminary Q3 2025 also up versus the prior year. Software subscriptions and cloud revenue are expanding, reinforcing ongoing top-line momentum.
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Strong Market Position & Advantage: Industry analyses repeatedly place the firm among top providers in indirect tax, including multiple IDC MarketScape Leader designations. A broad enterprise footprint serving a large share of the Fortune 500 and deep ERP integrations signal durable competitive advantage.
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Innovation-Driven Growth: The company is investing in AI and e-invoicing capabilities and expanding integrations, positioning it to capture secular drivers such as ERP cloud conversions and global compliance mandates. New product launches and strategic acquisitions broaden the platform and support future growth.
Considerations About Vertex, Inc.
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Declining Profitability: Despite revenue gains, the company reported GAAP net losses in recent periods and noted margin pressure year over year. Adjusted profitability improved in some quarters, but GAAP results have been mixed during 2024–2025.
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Weak Market Position & Pricing Challenges: Recent commentary cites loss of market share in early 2025 and a stock rating downgrade tied to decelerating growth, customer loss, and shrinking margins. Competitor comparisons also place the company behind peers by revenue ranking, underscoring heightened competitive pressure.
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Short-Term or Unsustainable Growth: Management trimmed full-year 2025 revenue guidance and highlighted elongated sales cycles and delayed decisions. Growth remains positive but has moderated versus prior expectations, indicating a slower near-term pacing.
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