Income Statement - Vertex, Inc. (VERX)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 748.44 | 666.78 | 572.39 | 491.62 | 425.55 | 374.67 | 321.50 | 272.40 |
| Cost of revenue | 293.93 | 240.65 | 223.81 | 193.13 | 161.89 | 165.39 | 110.38 | 95.70 |
| Gross profit | 454.51 | 426.13 | 348.58 | 298.49 | 263.66 | 209.28 | 211.12 | 176.71 |
| Total operating expenses | 462.36 | 428.35 | 366.09 | 306.57 | 266.60 | 314.04 | 179.27 | 146.85 |
| Operating income | -7.85 | -2.23 | -17.51 | -8.08 | -2.94 | -104.76 | 31.86 | -2.83 |
| Non-operating income (net) | 15.43 | 4.14 | -4.16 | -2.05 | -0.98 | -3.11 | -0.95 | -1.59 |
| Income before tax | 7.58 | 1.91 | -21.67 | -10.13 | -3.93 | -107.87 | 30.90 | -4.43 |
| Income tax expense | 0.37 | 54.64 | -8.58 | 2.17 | -2.45 | -32.79 | -0.16 | 1.68 |
| Net income | 7.21 | -52.73 | -13.09 | -12.30 | -1.48 | -75.08 | 31.06 | -6.11 |
Show Quarterly Income Statement
Income Statement - Vertex, Inc. (VERX)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 196.65 | 194.71 | 192.11 | 184.56 | 177.06 | 178.46 | 170.44 | 161.10 | 156.78 | 154.91 | 145.03 | 139.70 | 132.75 | 131.13 | 126.24 | 119.28 | 114.98 | 111.66 | 110.72 | 104.94 | 98.24 | 99.54 | 94.61 | 91.27 | 89.25 | 86.07 | 82.44 | 78.38 | 74.61 |
| Cost of revenue | 79.78 | 75.58 | 70.80 | 63.36 | 64.07 | 61.34 | 59.91 | 58.42 | 60.99 | 61.31 | 56.87 | 53.88 | 51.75 | 49.48 | 50.66 | 48.13 | 44.87 | 43.64 | 43.94 | 37.38 | 36.93 | 36.21 | 47.97 | 41.75 | 39.46 | 30.27 | 27.43 | 27.11 | 25.56 |
| Gross profit | 116.87 | 119.13 | 121.32 | 121.20 | 112.99 | 117.12 | 110.52 | 102.69 | 95.79 | 93.60 | 88.16 | 85.82 | 81.00 | 81.65 | 75.58 | 71.15 | 70.12 | 68.01 | 66.78 | 67.56 | 61.30 | 63.33 | 46.64 | 49.53 | 49.78 | 55.80 | 55.01 | 51.27 | 49.05 |
| Total operating expenses | 119.82 | 117.49 | 117.00 | 125.06 | 108.51 | 130.23 | 105.63 | 95.14 | 97.36 | 96.09 | 90.17 | 89.89 | 89.93 | 85.03 | 76.45 | 75.44 | 69.65 | 68.03 | 70.39 | 69.02 | 59.16 | 60.84 | 96.64 | 78.53 | 78.03 | 51.70 | 42.68 | 43.62 | 41.28 |
| Operating income | -2.95 | 1.64 | 4.32 | -3.86 | 4.49 | -13.10 | 4.90 | 7.55 | -1.57 | -2.49 | -2.02 | -4.07 | -8.93 | -3.38 | -0.87 | -4.30 | 0.47 | -0.01 | -3.61 | -1.46 | 2.14 | 2.49 | -50.01 | -29.00 | -28.25 | 4.10 | 12.33 | 7.65 | 7.77 |
| Non-operating income (net) | -6.70 | -3.01 | 1.25 | 1.23 | 1.54 | 1.67 | 2.94 | -0.18 | -0.29 | -4.02 | -0.60 | 0.11 | 0.35 | -0.97 | -0.36 | -0.72 | 0.01 | -0.31 | -0.52 | 0.39 | -0.54 | 0.31 | -1.80 | -1.06 | -0.57 | -0.15 | -0.25 | -0.31 | -0.25 |
| Income before tax | -9.65 | -1.38 | 5.57 | -2.64 | 6.03 | -11.44 | 7.83 | 7.36 | -1.85 | -6.51 | -2.62 | -3.97 | -8.58 | -4.35 | -1.23 | -5.02 | 0.47 | -0.33 | -4.14 | -1.07 | 1.61 | 2.81 | -51.80 | -30.06 | -28.81 | 3.96 | 12.08 | 7.34 | 7.53 |
| Income tax expense | -7.14 | 5.63 | 1.52 | -1.68 | -5.11 | 56.36 | 0.61 | 2.20 | -4.54 | -21.85 | 0.78 | 2.93 | 9.55 | 0.96 | -0.09 | 0.50 | 0.81 | 0.30 | -0.19 | -1.88 | -0.68 | 2.58 | -30.77 | -0.99 | 0.25 | 7.23 | 0.18 | 0.22 | 0.20 |
| Net income | -2.51 | -7.00 | 4.05 | -0.96 | 11.13 | -67.80 | 7.22 | 5.16 | 2.68 | 15.33 | -3.40 | -6.90 | -18.13 | -5.31 | -1.14 | -5.52 | -0.33 | -0.63 | -3.95 | 0.81 | 2.29 | 0.23 | -21.03 | -29.08 | -29.06 | -3.27 | 11.90 | 7.12 | 7.33 |