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Vertex (VERX) guidance and outlook

Vertex (VERX) raised its guidance on Nov 4, 2026: Revenue $215M–$217M for Q4 2026; EBITDA $58.0M–$60.0M for Q4 2026; Revenue $829M–$831M for FY2026; EBITDA $218M–$220M for FY2026. Vertex's 10-Q filed Nov 5, 2026 makes 18 forward-looking statements.

Guidance and outlook

Latest guidance

From the earnings release filed Nov 4, 2026 (8-K on EDGAR).

Forward-looking statements, 10-Q filed Nov 5, 2026

• Over time, we expect both existing and newly acquired customers to continue to shift towards cloud deployment models.
• Cloud-based subscription sales to new customers have grown at a faster rate than on-premise software subscription sales, which is a trend that we expect to continue over time.
• The Plan initially included a reduction in force of approximately 170 employees along with a significant reduction of third party spend across the Company, and is expected to continue to evolve as we evaluate additional actions to further align our cost structure and operations with our long-term strategic priorities.
• Any changes to our estimates or timing of the Plan will be reflected in our results of operations in future periods.
• We plan to continue to significantly expand our infrastructure and personnel to support our future growth and increases in transaction volumes of our cloud-based solutions, including through acquisitions.
• We expect growth in our business will result in an increase in cost of software subscriptions revenue in absolute dollars.
• We plan to continue to expand our infrastructure and personnel as necessary to support our future growth in our managed service offerings and related increases in our service revenue.
• We expect growth in our business will result in an increase in the cost of services revenue in absolute dollars.
• We believe continued investments in research and development are critical to attain our strategic objectives and expect research and development costs to increase in absolute dollars.
• As a result, although we are making significant research and development expenditures, certain of which may be capitalized, there is no guarantee these solutions will be accepted by the market.
• We intend to continue to invest in our sales and marketing capabilities in the future to continue to increase our brand awareness and expect these costs to increase on an absolute dollar basis as we grow our business and continue to expand our market and
• We expect our general and administrative expenses to increase in absolute dollars as we continue to expand our operations, hire additional personnel, and integrate current and future acquisitions.

Vertex's latest quarter

Questions

Did Vertex raise or lower its guidance?

Vertex (VERX) raised its guidance on Nov 4, 2026: Revenue $215M–$217M for Q4 2026; EBITDA $58.0M–$60.0M for Q4 2026; Revenue $829M–$831M for FY2026; EBITDA $218M–$220M for FY2026.

What does Vertex expect?

Over time, we expect both existing and newly acquired customers to continue to shift towards cloud deployment models. Cloud-based subscription sales to new customers have grown at a faster rate than on-premise software subscription sales, which is a trend that we expect to continue over time. The Plan initially included a reduction in force of approximately 170 employees along with a significant reduction of third party spend across the Company, and is expected to continue to evolve as we evaluate additional actions to further align our cost structure and operations with our long-term strategi

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.