Vertex (VERX) Financials: History & Chart

Vertex, Inc.(VERX)

Software - Application · King of Prussia, PA

$12.29+0.01 (+0.08%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About Vertex, Inc.

Vertex, Inc. specializes in delivering advanced tax technology solutions to corporations across various sectors, including retail, communication, leasing, and manufacturing. These services are provided to clients both within the United States and globally. Its comprehensive product portfolio encompasses tools for tax determination, compliance and reporting, efficient tax data and document management, pre-built integration capabilities, and specialized solutions tailored to specific industries. Clients can access their software through traditional on-premise licenses or via cloud-based Software as a Service (SaaS) subscriptions. Beyond its software offerings, Vertex also delivers essential support services. These include implementation and training for its licensed and cloud-based products, as well as outsourced transaction tax return processing and other ancillary tax-related consultations. Established in 1978, Vertex, Inc. has its headquarters situated in King of Prussia, Pennsylvania.

King of Prussia, PA

2,000 employees

www.vertexinc.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: Christopher David Young

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	787.44M	203.97M	196.65M	194.71M	192.11M	184.56M	177.06M	178.46M	170.44M
Cost of Goods Sold	298.83M	72.67M	79.78M	75.58M	70.80M	63.36M	64.07M	61.34M	59.91M
Gross Profit	488.61M	131.30M	116.86M	119.13M	121.32M	121.20M	112.99M	117.12M	110.52M
Gross Profit Margin	62.1%	64.4%	59.4%	61.2%	63.1%	65.7%	63.8%	65.6%	64.8%
Total Operating Expenses	490.05M	135.74M	119.82M	117.49M	117.00M	125.06M	108.51M	130.22M	105.63M
Research & Development	109.39M	24.80M	24.55M	22.32M	37.72M	20.58M	20.89M	19.59M	15.62M
Selling, General & Administrative	394.11M	103.04M	106.97M	93.30M	90.80M	91.85M	93.18M	87.35M	83.61M
Operating Income (EBIT)	-1.44M	-4.44M	-2.95M	1.64M	4.32M	-3.86M	4.49M	-13.10M	4.90M
Operating Margin	-0.2%	-2.2%	-1.5%	0.8%	2.2%	-2.1%	2.5%	-7.3%	2.9%
Income Before Tax (EBT)	39.18M	44.64M	-9.65M	-1.38M	5.57M	-2.64M	6.03M	-11.44M	7.83M
Interest Income	3.44M	N/A	957K	1.24M	1.25M	1.23M	1.54M	1.67M	2.94M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	40.62M	49.08M	-6.70M	-3.01M	1.25M	1.23M	1.54M	1.67M	2.94M
Net Income	3.58M	9.04M	-2.51M	-7.00M	4.04M	-961K	11.13M	-67.80M	7.22M
Income Tax Expense	35.60M	35.60M	-7.14M	5.63M	1.52M	-1.68M	-5.11M	56.36M	613K
Net Profit Margin	0.5%	4.4%	-1.3%	-3.6%	2.1%	-0.5%	6.3%	-38.0%	4.2%
EBITDA	91.69M	32.76M	25.14M	27.77M	6.02M	20.58M	27.76M	9.19M	10.11M
EBITDA Margin	11.6%	16.1%	12.8%	14.3%	3.1%	11.2%	15.7%	5.2%	5.9%
Depreciation & Amortization	93.12M	37.20M	28.09M	26.13M	1.70M	24.45M	23.27M	22.30M	5.21M
EPS Basic	0.03	0.06	-0.01	-0.04	0.02	-0.01	0.07	-0.43	0.05
EPS Diluted	0.03	0.06	-0.01	-0.04	0.02	-0.01	0.07	-0.43	0.05
Weighted Average Basic Shares	161.34M	161.34M	175.07M	175.07M	162.17M	158.92M	159.00M	157.67M	144.42M
Weighted Average Diluted Shares	161.39M	161.39M	175.07M	175.07M	162.17M	158.92M	159.00M	157.67M	144.42M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	748.44M	666.78M	572.39M	491.62M	425.55M	374.67M	321.50M	272.40M
Cost of Goods Sold	293.93M	240.65M	223.81M	193.13M	161.89M	165.39M	110.38M	95.70M
Gross Profit	454.51M	426.13M	348.58M	298.49M	263.66M	209.28M	211.12M	176.71M
Gross Profit Margin	60.7%	63.9%	60.9%	60.7%	62.0%	55.9%	65.7%	64.9%
Total Operating Expenses	462.36M	428.35M	366.09M	306.57M	266.60M	314.04M	179.27M	146.85M
Research & Development	83.72M	66.67M	58.21M	41.88M	44.02M	54.34M	30.56M	23.75M
Selling, General & Administrative	368.35M	323.41M	286.17M	246.99M	206.01M	248.47M	139.14M	115.84M
Operating Income (EBIT)	-7.85M	-2.23M	-17.51M	-8.08M	-2.94M	-104.76M	31.86M	-2.83M
Operating Margin	-1.0%	-0.3%	-3.1%	-1.6%	-0.7%	-28.0%	9.9%	-1.0%
Income Before Tax (EBT)	7.58M	1.91M	-21.67M	-10.13M	-3.93M	-107.87M	30.90M	-4.43M
Interest Income	5.25M	4.14M	N/A	N/A	N/A	N/A	1.08M	526K
Interest Expense	N/A	N/A	4.16M	2.05M	984K	3.11M	2.04M	2.12M
Other Income/Expense	15.43M	4.14M	-4.16M	-2.05M	-984K	-3.11M	-953K	-34.41M
Net Income	7.21M	-52.73M	-13.09M	-12.30M	-1.48M	-75.08M	31.06M	-6.11M
Income Tax Expense	368K	54.64M	-8.58M	2.17M	-2.45M	-32.79M	-155K	1.68M
Net Profit Margin	1.0%	-7.9%	-2.3%	-2.5%	-0.3%	-20.0%	9.7%	-2.2%
EBITDA	89.08M	84.51M	56.95M	53.07M	41.84M	-72.54M	57.05M	22.07M
EBITDA Margin	11.9%	12.7%	9.9%	10.8%	9.8%	-19.4%	17.7%	8.1%
Depreciation & Amortization	96.93M	86.74M	74.46M	61.15M	44.78M	32.22M	25.19M	24.90M
EPS Basic	0.05	-0.34	-0.09	-0.08	-0.01	-0.60	0.21	-0.05
EPS Diluted	0.04	-0.34	-0.09	-0.08	-0.01	-0.60	0.21	-0.05
Weighted Average Basic Shares	144.22M	155.09M	151.86M	149.65M	147.78M	131.51M	146.17M	124.33M
Weighted Average Diluted Shares	180.28M	155.09M	151.86M	149.65M	147.78M	131.51M	146.17M	129.63M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.