Vertex reports Q2 revenue up 10.5% to $204M, raises full-year adjusted EBITDA guidance

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenue of $204.0M (up 10.5% YoY) with software subscription revenue of $174.8M (up 10.7%) and cloud revenue of $101.7M (up 17.9%); swung to net income of $9.0M from $1.0M loss in Q2 2025.

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year 2026 adjusted EBITDA guidance to $206.0M–$210.0M; narrowed revenue guidance to $825.0M–$830.0M with 18% cloud revenue growth expected.

  Exhibit 99.1 view on EDGAR →
• medium

  Q3 2026 guidance: revenue of $208.0M–$211.0M and adjusted EBITDA of $55.0M–$57.0M, reflecting continued margin expansion.

  Exhibit 99.1 view on EDGAR →