Vertex Q2 FY26 net income swings to USD 9 million; revenue rises 10.5% to USD 204 million - VERX News | RalliesVertex Q2 FY26 net income swings to USD 9 million; revenue rises 10.5% to USD 204 million
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VERX• Outlook for Q3 and full year
- Vertex forecasts Q3 revenue of USD 208 million to USD 211 million.
- For the full year, it sees revenue of USD 825 million to USD 830 million with adjusted EBITDA of USD 206 million to USD 210 million.
Vertex reports Q2 FY26 results
- Vertex posted Q2 2026 revenue of USD 204 million, up 10.5% year over year, with cloud revenue rising 17.9% to USD 101.7 million.
- Net income turned to USD 9 million, swinging from a loss a year earlier; diluted EPS was USD 0.06.
- Adjusted EBITDA rose 32.9% to USD 51 million, lifting margin 4.2 percentage points to 25%.
- ARR increased 10.5% to USD 703.4 million; NRR fell 3 percentage points to 105% while GRR held at 95%.
