)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Vertex (VERX) investor relations material
Vertex Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary3 Nov, 2025
Executive summary
Q3 2025 revenue reached $192.1 million, up 12.7% year-over-year, with cloud revenue growing 29.6%.
Adjusted EBITDA hit $43.5 million (22.6% margin), exceeding guidance, and free cash flow was $30.2 million.
Net income was $4.0 million, down from $7.2 million YoY; non-GAAP net income was $28.6 million.
CEO transition announced: Christopher Young to succeed David DeStefano, who will become non-executive chair.
$150 million share repurchase program authorized, signaling confidence in long-term growth.
Financial highlights
Subscription revenue rose 12.7% to $164.8 million; services revenue up 12.8% to $27.3 million.
Gross profit was $142 million, gross margin 73.9%; subscription software margin 81.4%.
Net revenue retention (NRR) was 107%, down from 111% YoY; gross revenue retention (GRR) steady at 95%.
Average annual revenue per customer increased to $133,484 from $118,800 YoY.
Ended Q3 with $313.5 million in cash and $300 million in unused credit.
Outlook and guidance
Q4 2025 revenue expected at $192–$196 million; adjusted EBITDA $40–$42 million.
Full-year 2025 revenue guidance: $745.7–$749.7 million; cloud revenue growth of 28%; adjusted EBITDA $159–$161 million.
Management expects significant revenue growth in 2026, driven by e-invoicing mandates and SAP migrations.
Long-term targets for 2028 (20%+ subscription, 30%+ cloud growth) reiterated.
Guidance reflects lower than historical growth from existing customers but improved profitability.
New CEO's AI background: strategic impact?
Plan to reverse NRR decline from 107%?
$150M buyback: how supports growth strategy?
AI strategy for enterprise vs. SMB?
NRR recovery timeline from current headwinds?
When will AI/e-invoicing investments boost margins?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Vertex earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Vertex Inc is a provider of tax technology solutions for corporate customers. The company offers software and services that support indirect tax processes including sales, use, and value-added tax determination, compliance, and reporting. It serves clients across retail, manufacturing, and service sectors. Vertex Inc is headquartered in King of Prussia, Pennsylvania, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage