Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
12.68
-0.04 (-0.31%)
Jul 9, 2026, 10:00 AM EDT - Market open
Vertex Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 768.03 | 748.44 | 666.78 | 572.39 | 491.62 | 425.55 | |
Revenue Growth (YoY) | 11.79% | 12.25% | 16.49% | 16.43% | 15.53% | 13.58% |
Cost of Revenue | 274.55 | 266.84 | 240.65 | 223.81 | 193.13 | 161.89 |
Gross Profit | 493.48 | 481.6 | 426.13 | 348.58 | 298.49 | 263.66 |
Selling, General & Admin | 388.96 | 375.17 | 323.41 | 286.17 | 246.99 | 206.01 |
Depreciation & Amortization Expenses | 25.37 | 24.81 | 20.95 | 15.2 | 12.44 | 11.68 |
Research & Development | 87.38 | 83.72 | 66.67 | 58.21 | 41.88 | 44.02 |
Other Operating Expenses | 4.52 | -4.43 | 17.33 | 6.5 | 5.27 | 4.89 |
Total Operating Expenses | 506.24 | 479.27 | 428.35 | 366.09 | 306.57 | 266.6 |
Operating Income | -12.76 | 2.33 | -2.23 | -17.51 | -8.08 | -2.94 |
Interest Expense | 4.67 | 5.25 | 4.14 | -4.16 | -2.05 | -0.98 |
Total Non-Operating Income (Expense) | 4.67 | 5.25 | 4.14 | -4.16 | -2.05 | -0.98 |
Pretax Income | -8.1 | 7.58 | 1.91 | -21.67 | -10.13 | -3.93 |
Provision for Income Taxes | -1.67 | 0.37 | 54.64 | -8.58 | 2.17 | -2.45 |
Net Income | -6.43 | 7.21 | -52.73 | -13.09 | -12.3 | -1.48 |
Net Income to Common | -6.43 | 7.21 | -52.73 | -13.09 | -12.3 | -1.48 |
Shares Outstanding (Basic) | 161 | 75 | 65 | 55 | 154 | 148 |
Shares Outstanding (Diluted) | 129 | 78 | 65 | 55 | 154 | 148 |
Shares Change (YoY) | -15.80% | 21.17% | 18.21% | -64.40% | 3.99% | 12.28% |
EPS (Basic) | -0.04 | 0.05 | -0.34 | -0.09 | -0.08 | -0.01 |
EPS (Diluted) | -0.05 | 0.04 | -0.34 | -0.09 | -0.08 | -0.01 |
Free Cash Flow | 89.21 | 69.31 | 99.05 | 25.07 | 18.32 | 58.58 |
Free Cash Flow Growth | 28.72% | -30.03% | 295.09% | 36.88% | -68.73% | 51.82% |
Free Cash Flow Per Share | 0.69 | 0.88 | 1.53 | 0.46 | 0.12 | 0.40 |
Gross Margin | 64.25% | 64.35% | 63.91% | 60.90% | 60.72% | 61.96% |
Operating Margin | -1.66% | 0.31% | -0.33% | -3.06% | -1.64% | -0.69% |
Profit Margin | -0.84% | 0.96% | -7.91% | -2.29% | -2.50% | -0.35% |
FCF Margin | 11.62% | 9.26% | 14.86% | 4.38% | 3.73% | 13.77% |
EBITDA | 92.73 | 103 | 84.51 | 56.95 | 53.07 | 41.84 |
EBITDA Margin | 12.07% | 13.76% | 12.67% | 9.95% | 10.79% | 9.83% |
EBIT | -12.76 | 2.33 | -2.23 | -17.51 | -8.08 | -2.94 |
EBIT Margin | -1.66% | 0.31% | -0.33% | -3.06% | -1.64% | -0.69% |
Effective Tax Rate | 20.58% | 4.86% | 2862.13% | 39.59% | -21.46% | 62.33% |