The software firm reported a $0.20 non-GAAP EPS and 10.5% year-over-year revenue growth, exceeding expectations.
Vertex posted a Q2 non-GAAP EPS of $0.20, beating estimates by $0.01, as revenue rose 10.5% year-over-year to $204 million. The result surpassed revenue expectations by $1.78 million.
Gross Revenue Retention remained steady at 95%, matching levels from June 30, 2025, and March 31, 2026. The company reported a $4.4 million loss from operations for the quarter.
Details were released in a corporate update.