VERX - Company ID 0001806837
The table below shows Vertex, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
| Line item | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue | $196.65M | $192.11M | $184.56M | $177.06M | $170.44M | $161.10M |
| Cost of revenue | $71.78M | $70.80M | $63.36M | $64.07M | $59.91M | $58.42M |
| Gross profit | $124.87M | $121.32M | $121.20M | $112.99M | $110.52M | $102.69M |
| R&D | $24.55M | $19.93M | $20.58M | $20.89M | $15.62M | $14.61M |
Vertex, Inc. reported annual revenue of $748.44M for fiscal year 2025. That is up 12.2% from $666.78M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $272.40M (FY 2018) to $748.44M. Figures come from the company's audited annual reports as filed with the SEC.
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
| SG&A | $54.34M | $44.61M | $43.39M | $45.03M | $41.50M | $35.87M |
| Operating income | -$10.61M | $4.32M | -$3.86M | $4.49M | $4.90M | $7.54M |
| Income tax | -$7.14M | $1.52M | -$1.68M | -$5.11M | $613.00K | $2.20M |
| Net income | -$2.51M | $4.04M | -$961.00K | $11.13M | $7.22M | $5.16M |
| EPS (diluted) | - | - | - | - | - | - |