Vertex backs FY26 revenue view $823.5M-$831.5M, consensus $827.21M

Raises FY26 adjusted EBITDA view to $202M-$208M. Young concluded, “In April, we announced our Value Creation Plan, which is expected to further transform Vertex (VERX) into a more effective, AI-leading organization. The Value Creation Plan is expected to accelerate profitability and free cash flow while providing resources to invest in the opportunities that matter most. This is not a short-term cost exercise-it is a deliberate reset designed to build a stronger, more profitable foundation that gives us greater flexibility to invest in innovation and long-term growth. We remain confident in the strength of our customer relationships, our market position, and the significant opportunity ahead.”