Vertex, Inc. (VERX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the Vertex fourth quarter 2025 earnings conference call. All participants have been listened on in mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then one on the touch-tone telephone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Joe Crivelli, Vice President, Investor Relations. Please go ahead. Hello, and thanks for joining us to discuss Vertex's fourth quarter results. Chris Young, our President and CEO, and John Schwab, our CFO, are also with us today. During this call, we may make forward-looking statements about expected future results. Actual results may differ due to risks and uncertainties. These risks and uncertainties are described in our filings with the Securities and Exchange Commission. Our remarks today will also include references to non-GAAP metrics. A reconciliation of these metrics to GAAP is also provided in today's press release. This call is being recorded and will be available for replay on our investor relations website. I'll now turn the call over to Chris. Welcome, everyone, and thank you for joining us. It's great to join you on my first earnings conference call as president and CEO of Vertex. Our financial results for the fourth quarter came in as expected. Revenue was $194.7 million in line with our guidance for the quarter, while adjusted EBITDA exceeded the high end of our guidance at $42.5 million. For the full year, Vertex delivered double-digit revenue growth along with solid profitability. Since this is my first time speaking to our invest...