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Vertex, Inc. (VERX) Graph

VERX Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2026-06-30: Revenue $203.97M; Cost of revenue $72.67M; Research and development $24.80M; Operating expenses $135.74M.
  • 2026-03-31: Revenue $196.65M; Cost of revenue $71.78M; Research and development $24.55M; Operating expenses $135.47M.
  • 2025-12-31: Revenue $194.71M*; Cost of revenue $68.62M*; Research and development $22.32M*; Operating expenses $128.70M*.
  • 2025-09-30: Revenue $192.11M; Cost of revenue $70.80M; Research and development $19.93M; Operating expenses $117.00M.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

VERX revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.License And Service$174.75MService Other$29.22MCloud Subscriptions$101.66MSoftware Licenses$73.09MRevenue$203.97MCost of revenue$72.67MGross profit$131.30MOperating expenses$135.74MOperating income-$4.44MResearch & development$24.80MPre-tax income-$4.10MIncome tax-$13.14MNet income$9.04M

Segment

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

VERX revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Single ReportableSegment$203.97MRevenue$203.97MCost of revenue$72.67MGross profit$131.30MOperating expenses$135.74MOperating income-$4.44MResearch & development$24.80MPre-tax income-$4.10MIncome tax-$13.14MNet income$9.04M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2026-06-30$203.97M$72.67M$24.80M$135.74M-$13.14M$9.04M
2026-03-31$196.65M$71.78M$24.55M$135.47M-$7.14M-$2.51M
2025-12-31$194.71M*$68.62M*$22.32M*$128.70M*$5.63M*-$7.01M*
2025-09-30$192.11M$70.80M$19.93M$117.00M$1.52M$4.04M
2025-06-30$184.56M$63.36M$20.58M$125.06M-$1.68M-$961.00K
2025-03-31$177.06M$64.07M$20.89M$108.51M-$5.11M$11.13M
2024-09-30$170.44M$59.91M$15.62M$105.63M$613.00K$7.22M
2024-06-30$161.10M$58.42M$14.61M$95.14M$2.20M$5.16M
2024-03-31$156.78M$60.99M$16.84M$97.36M-$4.54M$2.68M
2023-09-30$145.03M$56.87M$16.77M$90.17M$784.00K-$3.40M
2023-06-30$139.69M$53.88M$12.68M$89.89M$2.93M-$6.90M
2023-03-31$132.75M$51.75M$15.86M$89.93M$9.55M-$18.13M
2022-09-30$126.24M$50.66M$10.35M$76.45M-$91.00K-$1.14M
2022-06-30$119.28M$48.13M$10.31M$75.44M$500.00K-$5.52M
2022-03-31$114.98M$44.87M$9.63M$69.65M$808.00K-$334.00K
2021-09-30$110.72M$43.94M$9.88M$70.39M-$187.00K-$3.95M
2021-06-30$104.94M$37.38M$11.93M$69.02M-$1.88M$808.00K
2021-03-31$98.24M$36.93M$11.46M$59.16M-$679.00K$2.29M
2020-09-30$94.61M$47.97M$16.50M$96.64M-$34.63M-$17.17M
2020-06-30$91.27M$41.74M$13.62M$78.53M-$985.00K-$29.07M
2020-03-31$89.25M$39.46M$13.08M$78.03M$250.00K-$29.06M
2019-09-30$82.44M$27.43M$7.27M$42.68M$175.00K$11.90M
2019-06-30$78.38M$27.11M$7.21M$43.62M$221.00K$7.12M
2019-03-31(m)(m)(m)(m)(m)$7.33M

Revenue and expense 6 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2026-06-30$400.62M$144.45M$49.35M$271.22M-$20.28M$6.53M
2025-06-30$361.62M$127.43M$41.47M$233.57M-$6.78M$10.17M
2024-06-30$317.88M$119.41M$31.46M$192.50M-$2.33M$7.85M
2023-06-30$272.45M$105.63M$28.54M$179.82M$12.48M-$25.03M
2022-06-30$234.26M$93.00M$19.94M$145.09M$1.31M-$5.85M
2021-06-30$203.17M$74.31M$23.39M$128.18M-$2.56M$3.10M
2020-06-30$180.52M$81.21M$26.70M$156.56M-$735.00K-$58.14M
2019-06-30$152.99M$52.67M$14.78M$84.89M$425.00K$14.45M

Revenue and expense 9 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2025-09-30$553.73M$198.22M$61.40M$350.57M-$5.26M$14.21M
2024-09-30$488.32M$179.32M$47.08M$298.13M-$1.72M$15.07M
2023-09-30$417.47M$162.50M$45.31M$270.00M$13.27M-$28.43M
2022-09-30$360.50M$143.65M$30.29M$221.54M$1.22M-$7.00M
2021-09-30$313.89M$118.25M$33.26M$198.57M-$2.75M-$852.00K
2020-09-30$275.12M$129.18M$43.20M$253.20M-$35.36M-$75.31M
2019-09-30$235.43M$80.11M$22.05M$127.57M$600.00K$26.35M

Revenue and expense 12 month

Period endRevenueCost of revenueResearch and developmentOperating expensesIncome taxNet income
2025-12-31$748.44M$266.84M$83.72M$479.27M$368.00K$7.20M
2024-12-31$666.78M$240.65M$66.67M$428.35M$54.64M-$52.70M
2023-12-31$572.39M$223.81M$58.21M$366.09M-$8.58M-$13.10M
2022-12-31$491.62M$193.13M$41.88M$306.57M$2.17M-$12.30M
2021-12-31$425.55M$161.89M$44.02M$266.60M-$2.45M-$1.50M
2020-12-31$374.67M$165.39M$54.34M$314.04M-$32.79M-$75.08M
2019-12-31$321.50M$110.38M$30.56M$179.27M-$155.00K$31.06M
2018-12-31$272.40M$95.70M$23.75M$179.54M$1.68M-$6.11M

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