undamentalytics Newsletter
Sign in

Vertex, Inc. income statement

In fiscal 2025, Vertex, Inc. reported revenue of $748m, up 12.2% on the year before, operating income of $2.3m (a 0.3% margin) and net income of $7.2m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue272322375426492572667748787
Cost of revenue96110165162193224241267284
Gross profit177211209264298349426482504
Research and development243154444258678492
Selling and marketing57689999125140171196204
General and administrative5971149107122146153179196
Operating income−332−105−3−8−18−22−13
Net interest income———−1−2−445—
Income before tax−431−108−4−10−2228−10
Income tax2−0−33−22−9550−13
Net income−631−75−1−12−13−5374
EBITDA2257−73425354819994

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: SPSC vs VERXAPPN vs VERXIDCC vs VERX

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Vertex, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vertex, Inc.