Vertex reports Q3 2026 earnings beat and raises full‑year revenue and EBITDA outlook
Vertex Inc. posted third‑quarter 2026 revenue of $213.3 million, topping estimates, and reported adjusted earnings of $0.26 per share, beating consensus by $0.04. The company posted a net loss of $(46.6) million but generated non‑GAAP operating income of $57.3 million and adjusted EBITDA of $64.8 million, a 30.4% margin. It lifted its full‑year 2026 revenue forecast to $828.9 million‑$830.9 million and adjusted EBITDA guidance to $217.9 million‑$219.9 million, while forecasting Q4 revenue of $215 million‑$217 million.
Why it matters
The raised full‑year revenue and adjusted EBITDA outlook signals stronger growth momentum and profitability than previously expected, which may support a higher valuation for the stock (the company’s own guidance). Analysts such as DA Davidson and Needham increased their price targets, reflecting the market’s positive reaction to the beat and guidance.
Key facts
- 1Total Q3 2026 revenue was $213.3 million, up 11.0% year‑over‑year. stocktitan.net
- 2Cloud revenue was $110.8 million, up 20.4% year‑over‑year. stocktitan.net
- 3Adjusted earnings per share were $0.26, beating estimates by $0.04. investing.com
- 4Net loss was $(46.6) million, compared with net income of $4.0 million a year earlier. stocktitan.net
- 5Adjusted EBITDA for the quarter was $64.8 million, a 30.4% margin. stocktitan.net
- 6Full‑year 2026 revenue guidance was raised to $828.9 million‑$830.9 million. stocktitan.net
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.