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Vertex (Vertex) Revenue : $596.4 Mil (TTM As of Mar. 2024)


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What is Vertex Revenue?

Vertex's revenue for the three months ended in Mar. 2024 was $156.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $596.4 Mil. Vertex's Revenue per Share for the three months ended in Mar. 2024 was $0.98. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $3.86.

Warning Sign:

Vertex Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Vertex was 13.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -55.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Vertex's highest 3-Year average Revenue per Share Growth Rate was 9.80% per year. The lowest was -87.00% per year. And the median was 9.80% per year.


Vertex Revenue Historical Data

The historical data trend for Vertex's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vertex Revenue Chart

Vertex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 321.50 374.67 425.55 491.62 572.39

Vertex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.75 139.70 145.03 154.91 156.78

Competitive Comparison of Vertex's Revenue

For the Software - Application subindustry, Vertex's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vertex's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Vertex's Revenue distribution charts can be found below:

* The bar in red indicates where Vertex's Revenue falls into.



Vertex Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $596.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vertex  (NAS:VERX) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Vertex Revenue Related Terms

Thank you for viewing the detailed overview of Vertex's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Vertex (Vertex) Business Description

Traded in Other Exchanges
Address
2301 Renaissance Boulevard, King of Prussia, PA, USA, 19406
Vertex Inc is a provider of tax technology and services. It enables companies to realize the full strategic potential of the tax function by automating and integrating tax processes while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Executives
John R Schwab officer: Chief Financial Officer C/O NCO GROUP, INC., 507 PRUDENTIAL ROAD, HORSHAM PA 19044
Item Second Irr. Trust Fbo Jacob J. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Anne Marie Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Eric C. Andersen director C/O AMERICAN PUBLIC EDUCATION, INC., 111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Jeffery Westphal director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Item Second Irr. Trust Fbo Kyle R. Westphal U/a Of Jeffrey R. Westphal Dated October 5, 2001 10 percent owner, other: 13(d) Group Member C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Tensile Capital Management Lp 10 percent owner 700 LARKSPUR LANDING CIRCLE, SUITE 255, LARKSPUR CA 94939
John Richard Stamm director C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Lisa Butler officer: Chief Accounting Officer C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
David Destefano director, officer: President & CEO C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Rowland Bryan T.r. officer: General Counsel 101 WOLF DRIVE, THOROFARE NJ 08086
Kevin L Robert director 501 KANSAS AVENUE, KANSAS CITY KS 66105
Philip Seth Saunders director 13 MAPLE KNOLL LANE, MANALAPAN NJ 07726
Amanda Westphal Radcliffe director, 10 percent owner C/O VERTEX, INC., 2301 RENAISSANCE BLVD., KING OF PRUSSIA PA 19406
Bradley M Gayton director ONE COCA-COLA PLAZA, ATLANTA GA 30313