Stock Track | Vertex, Inc. Soars 6.71% in Pre-market on Strong Q1 Earnings Beat and Raised Guidance

Stock Track05-07

Vertex, Inc. (VERX) shares surged 6.71% in pre-market trading following the release of the company's first-quarter 2026 financial results, which exceeded revenue expectations and included an upbeat outlook for the year.

The tax technology provider reported Q1 revenue of $196.65 million, representing an 11% year-over-year increase and slightly beating the analyst consensus estimate of $194.8 million. Adjusted earnings per share came in at $0.17, meeting expectations. Management attributed the strong performance to stable customer demand and solid execution across the business.

Additionally, Vertex raised its full-year adjusted EBITDA guidance to a range of $202 million to $208 million and provided positive revenue forecasts for both Q2 and the full fiscal year 2026. The company also highlighted its acquisition of Brinta, an AI-first e-invoicing startup in Latin America, which is expected to accelerate country coverage and enhance AI capabilities.

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