Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
12.72
-0.53 (-4.00%)
At close: Aug 14, 2026, 4:00 PM EDT
12.75
+0.03 (0.24%)
After-hours: Aug 14, 2026, 7:47 PM EDT
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 | Jun '26 Jun 30, 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 |
| 787.44 | 748.44 | 666.78 | 572.39 | 491.62 | 425.55 | |
Revenue Growth | 10.83% | 12.25% | 16.49% | 16.43% | 15.53% | 13.58% |
Cost of Revenue | 283.86 | 266.84 | 240.65 | 223.81 | 193.13 | 161.89 |
Gross Profit | 503.58 | 481.6 | 426.13 | 348.58 | 298.49 | 263.66 |
Selling, General & Admin | 373.55 | 368.35 | 320.36 | 282.6 | 246.11 | 206.01 |
Research & Development | 91.6 | 83.72 | 66.67 | 58.21 | 41.88 | 44.02 |
Other Operating Expenses | 0.02 | -0.01 | -0.7 | -0.01 | 2.24 | 0.8 |
Operating Expenses | 491.08 | 476.87 | 407.28 | 356 | 302.66 | 262.51 |
Operating Income | 12.5 | 4.73 | 18.84 | -7.42 | -4.17 | 1.14 |
Interest Expense | - | - | - | -4.16 | -2.05 | -0.98 |
Interest & Investment Income | 3.78 | 5.25 | 4.14 | - | - | - |
Currency Exchange Gain (Loss) | 0.01 | -1.62 | -1.07 | -0.11 | -0.04 | 0.18 |
EBT Excluding Unusual Items | 16.29 | 8.36 | 21.91 | -11.7 | -6.26 | 0.34 |
Merger & Restructuring Charges | -18.79 | - | - | - | -0.7 | -4.27 |
Legal Settlements | -9.23 | -10.75 | -2.03 | -4.85 | - | - |
Other Unusual Items | 2.18 | 9.98 | -17.97 | -5.13 | -3.18 | - |
Pretax Income | -9.56 | 7.58 | 1.91 | -21.67 | -10.13 | -3.93 |
Income Tax Expense | -13.13 | 0.37 | 54.64 | -8.58 | 2.17 | -2.45 |
Net Income | 3.58 | 7.21 | -52.73 | -13.09 | -12.3 | -1.48 |
Net Income to Common | 3.58 | 7.21 | -52.73 | -13.09 | -12.3 | -1.48 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 160 | 159 | 155 | 152 | 150 | 148 |
Shares Outstanding (Diluted) | 163 | 162 | 155 | 152 | 150 | 148 |
Shares Change | 3.52% | 4.58% | 2.27% | 1.48% | 1.26% | 12.37% |
EPS (Basic) | 0.02 | 0.05 | -0.34 | -0.09 | -0.08 | -0.01 |
EPS (Diluted) | 0.02 | 0.04 | -0.34 | -0.09 | -0.08 | -0.01 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 72.45 | 69.31 | 99.05 | 25.07 | 18.32 | 58.58 |
Free Cash Flow Per Share | 0.45 | 0.43 | 0.64 | 0.17 | 0.12 | 0.40 |
Gross Margin | 63.95% | 64.35% | 63.91% | 60.90% | 60.72% | 61.96% |
Operating Margin | 1.59% | 0.63% | 2.83% | -1.30% | -0.85% | 0.27% |
Profit Margin | 0.45% | 0.96% | -7.91% | -2.29% | -2.50% | -0.35% |
Free Cash Flow Margin | 9.20% | 9.26% | 14.85% | 4.38% | 3.73% | 13.77% |
EBITDA | 19.39 | 11.43 | 26.02 | 1.92 | 7.37 | 10.57 |
EBITDA Margin | 2.46% | 1.53% | 3.90% | 0.34% | 1.50% | 2.48% |
D&A For EBITDA | 6.89 | 6.7 | 7.18 | 9.34 | 11.54 | 9.42 |
EBIT | 12.5 | 4.73 | 18.84 | -7.42 | -4.17 | 1.14 |
EBIT Margin | 1.59% | 0.63% | 2.83% | -1.30% | -0.85% | 0.27% |
Effective Tax Rate | - | 4.86% | 2862.13% | - | - | - |
Revenue as Reported | 787.44 | 748.44 | 666.78 | 572.39 | 491.62 | 425.55 |
Advertising Expenses | - | 23.14 | 26.33 | 26 | 26.53 | 20.39 |