Vertex, Inc. (VERX) Quarterly Income Statement

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Vertex, Inc. (VERX) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

VERX Income Statement

Vertex, Inc. (VERX) annual income statement — 8-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Sales/Revenue	213.28M	203.97M	196.65M	194.71M	192.11M	184.56M	177.06M	178.46M	170.44M	161.1M	156.78M	154.91M	145.03M	139.69M	132.75M	131.13M	126.24M	119.28M	114.98M	111.66M
Revenue Growth %	11.02%	10.52%	11.06%	9.11%	12.72%	14.56%	12.94%	15.2%	17.52%	15.33%	18.1%	18.14%	14.88%	17.12%	15.45%	17.44%	14.02%	13.66%	17.05%	12.17%
Cost of Goods Sold	73.07M	72.67M	79.78M	75.58M	70.8M	63.36M	64.07M	61.34M	59.91M	58.42M	60.99M	61.31M	56.87M	53.88M	51.75M	49.48M	50.66M	48.13M	44.87M	43.64M
COGS % of Revenue	34.26%	35.63%	40.57%	38.82%	36.85%	34.33%	36.18%	34.37%	35.15%	36.26%	38.9%	39.58%	39.21%	38.57%	38.98%	37.73%	40.13%	40.35%	39.02%	39.09%
Gross Profit	140.21M	131.3M	116.86M	119.13M	121.32M	121.2M	112.99M	117.12M	110.52M	102.69M	95.79M	93.6M	88.16M	85.82M	81M	81.65M	75.58M	71.15M	70.12M	68.01M
Gross Margin %	65.74%	64.37%	59.43%	61.18%	63.15%	65.67%	63.82%	65.63%	64.85%	63.74%	61.1%	60.42%	60.79%	61.43%	61.02%	62.27%	59.87%	59.65%	60.98%	60.91%
Gross Profit Growth %	15.57%	8.33%	3.43%	1.72%	9.76%	18.03%	17.96%	25.13%	25.37%	19.66%	18.26%	14.64%	16.64%	20.62%	15.53%	20.04%	13.18%	5.31%	14.38%	7.39%
Operating Expenses	139.9M	135.74M	119.82M	117.49M	117M	125.06M	108.51M	130.22M	105.63M	95.14M	97.36M	96.09M	90.17M	89.89M	89.93M	85.03M	76.45M	75.44M	69.65M	68.03M
OpEx % of Revenue	65.59%	66.55%	60.93%	60.34%	60.9%	67.76%	61.28%	72.97%	61.98%	59.06%	62.1%	62.03%	62.18%	64.35%	67.75%	64.85%	60.56%	63.25%	60.57%	60.93%
Selling, General & Admin	101.32M	103.04M	106.97M	93.3M	90.8M	91.85M	93.18M	87.35M	83.61M	76.42M	76.03M	73.91M	69.3M	72.92M	70.05M	66.78M	61.93M	62.06M	56.21M	54.39M
SG&A % of Revenue	47.51%	50.52%	54.4%	47.92%	47.26%	49.77%	52.63%	48.95%	49.06%	47.43%	48.5%	47.71%	47.79%	52.2%	52.76%	50.93%	49.06%	52.03%	48.88%	48.71%
Research & Development	24.68M	24.8M	24.55M	22.32M	37.72M	20.58M	20.89M	19.59M	15.62M	14.61M	16.84M	12.9M	16.77M	12.68M	15.86M	11.58M	10.35M	10.31M	9.63M	10.75M
R&D % of Revenue	11.57%	12.16%	12.48%	11.46%	19.63%	11.15%	11.8%	10.98%	9.17%	9.07%	10.74%	8.33%	11.56%	9.08%	11.95%	8.83%	8.2%	8.64%	8.38%	9.63%
Other Operating Expenses	1000K	1000K	-1000K	1000K	-1000K	1000K	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	314K	-4.44M	-2.95M	1.64M	4.32M	-3.86M	4.49M	-13.1M	4.9M	7.54M	-1.56M	-2.49M	-2.02M	-4.07M	-8.93M	-3.38M	-871K	-4.3M	468K	-14K
Operating Margin %	0.15%	-2.18%	-1.5%	0.84%	2.25%	-2.09%	2.53%	-7.34%	2.87%	4.68%	-1%	-1.61%	-1.39%	-2.91%	-6.73%	-2.58%	-0.69%	-3.6%	0.41%	-0.01%
Operating Income Growth %	-92.73%	-14.98%	-165.8%	112.51%	-11.76%	-151.21%	386.65%	-426.05%	342.62%	285.29%	82.47%	26.37%	-131.69%	5.21%	-2007.91%	-24064.29%	75.9%	-194.65%	-78.17%	-100.56%
EBITDA	32.87M	26.04M	25.14M	28.62M	30.29M	20.58M	27.76M	9.19M	26.02M	28.92M	20.38M	17.82M	17.31M	13.81M	8.01M	12.44M	13.92M	13.33M	13.37M	12.87M
EBITDA Margin %	15.41%	12.77%	12.78%	14.7%	15.77%	11.15%	15.68%	5.15%	15.27%	17.95%	13%	11.51%	11.93%	9.88%	6.04%	9.49%	11.03%	11.18%	11.63%	11.52%
EBITDA Growth %	8.51%	26.51%	-9.44%	211.25%	16.43%	-28.84%	36.22%	-48.41%	50.33%	109.47%	154.3%	43.25%	24.32%	3.56%	-40.09%	-3.3%	31.45%	838.94%	22.03%	15.68%
D&A (Non-Cash Add-back)	32.56M	30.48M	28.09M	26.98M	25.97M	24.45M	23.27M	22.3M	21.12M	21.38M	21.94M	20.31M	19.33M	17.88M	16.94M	15.82M	14.79M	17.63M	12.91M	12.88M
EBIT	656K	-53.52M	-9.65M	-1.38M	5.57M	-1.56M	-10.21M	4.4M	7.83M	7.54M	-1.56M	-2.49M	-2.02M	-4.07M	-8.93M	-3.38M	-871K	-4.3M	468K	-14K
Net Interest Income	0	0	957K	1.24M	1.25M	1.23M	1.54M	1.67M	2.94M	-181K	-286K	-4.02M	-597K	105K	350K	-969K	-361K	-724K	6K	-313K
Interest Income	0	0	957K	1.24M	1.25M	1.23M	1.54M	1.67M	2.94M	0	0	0	0	105K	350K	0	0	0	6K	0
Interest Expense	0	0	0	0	0	0	0	0	0	181K	286K	4.02M	597K	0	0	969K	361K	724K	0	313K
Other Income/Expense	342K	49.08M	-6.7M	-3.01M	1.25M	1.23M	1.54M	1.67M	2.94M	-181K	-286K	-4.02M	-597K	105K	350K	-969K	-361K	-724K	6K	-313K
Pretax Income	656K	44.64M	-9.65M	-1.38M	5.57M	-2.64M	6.03M	-11.44M	7.83M	7.36M	-1.85M	-6.51M	-2.62M	-3.97M	-8.58M	-4.35M	-1.23M	-5.02M	474K	-327K
Pretax Margin %	0.31%	21.89%	-4.91%	-0.71%	2.9%	-1.43%	3.4%	-6.41%	4.6%	4.57%	-1.18%	-4.2%	-1.8%	-2.84%	-6.46%	-3.32%	-0.98%	-4.21%	0.41%	-0.29%
Income Tax	47.29M	35.6M	-7.14M	5.63M	1.52M	-1.68M	-5.11M	56.36M	613K	2.2M	-4.54M	-21.85M	784K	2.93M	9.55M	957K	-91K	500K	808K	300K
Effective Tax Rate %	7208.69%	79.74%	73.99%	-409.31%	27.31%	63.54%	-84.73%	-492.74%	7.82%	29.88%	245%	335.44%	-29.98%	-73.83%	-111.35%	-21.99%	7.39%	-9.96%	170.46%	-91.74%
Net Income	-46.63M	9.04M	-2.51M	-7M	4.04M	-961K	11.13M	-67.8M	7.22M	5.16M	2.68M	15.33M	-3.4M	-6.9M	-18.13M	-5.31M	-1.14M	-5.52M	-334K	-627K
Net Margin %	-21.87%	4.43%	-1.28%	-3.6%	2.11%	-0.52%	6.29%	-37.99%	4.24%	3.21%	1.71%	9.9%	-2.34%	-4.94%	-13.66%	-4.05%	-0.9%	-4.63%	-0.29%	-0.56%
Net Income Growth %	-1252.86%	1041%	-122.55%	89.67%	-43.98%	-118.61%	314.68%	-542.14%	312.44%	174.88%	114.8%	388.83%	-197.9%	-24.93%	-5328.74%	-746.73%	71.1%	-783.17%	-114.6%	-372.61%
Net Income (Continuing)	-46.63M	9.04M	-2.51M	-7M	4.04M	-961K	11.13M	-67.8M	7.22M	5.16M	2.68M	15.33M	-3.4M	-6.9M	-18.13M	-5.31M	-1.14M	-5.52M	-334K	-627K
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	-0.29	0.06	-0.01	-0.04	0.02	-0.01	0.07	-0.43	0.05	0.03	0.02	0.10	-0.02	-0.05	-0.12	-0.04	-0.01	-0.04	-0.00	-0.00
EPS Growth %	-1264.66%	-	-120.43%	90.7%	-50.2%	-120%	250%	-537.88%	350%	160%	116.67%	345.5%	-100%	-35.5%	-	-	62.41%	-469%	-122%	-
EPS (Basic)	-0.29	0.06	-0.01	-0.04	0.02	-0.01	0.07	-0.43	0.05	0.03	0.02	0.10	-0.02	-0.05	-0.12	-0.04	-0.01	-0.04	-0.00	-0.00
Diluted Shares Outstanding	162.09M	161.39M	175.07M	175.07M	162.17M	158.92M	159M	157.67M	144.42M	172.13M	160.58M	156.22M	152.08M	151.48M	150.68M	150.14M	149.79M	149.49M	149.16M	148.86M
Basic Shares Outstanding	162.09M	161.34M	175.07M	175.07M	162.17M	158.92M	159M	157.67M	144.42M	172.13M	154.22M	153.04M	152.08M	151.48M	150.68M	150.14M	149.79M	149.49M	149.16M	148.86M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-