Here's What Key Metrics Tell Us About Vertex (VERX) Q2 Earnings

Core Insights - Vertex reported revenue of $184.56 million for the quarter ended June 2025, reflecting a 14.6% increase year-over-year, and EPS remained stable at $0.15 compared to the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $184.25 million by 0.17%, while the EPS surpassed the consensus estimate of $0.14 by 7.14% [1] Financial Performance Metrics - Annual Recurring Revenue (ARR) was reported at $636.6 million, slightly below the estimated $639.12 million [4] - The Net Revenue Retention Rate was 108%, which fell short of the average estimate of 109.5% [4] - Revenue from Services reached $26.72 million, exceeding the estimated $25.58 million, marking an 8.3% increase year-over-year [4] - Revenue from Software Subscriptions was $157.84 million, slightly below the estimated $158.73 million, but represented a 15.7% increase compared to the previous year [4] Stock Performance - Vertex shares have declined by 8.5% over the past month, contrasting with a 0.5% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]