VERX
Vertex, Inc.
NASDAQ · Technology · Software - Application · US
$13.77
−0.07%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 787.4M | 748.4M | 666.8M | 572.4M | 491.6M |
| Cost of Revenue | 298.8M | 293.9M | 240.7M | 223.8M | 193.1M |
| Gross Profit | 488.6M | 454.5M | 426.1M | 348.6M | 298.5M |
| Operating Expenses | |||||
| R&D Expense | 109.4M | 83.7M | 66.7M | 58.2M | 41.9M |
| SG&A Expense | 394.1M | 368.4M | 323.4M | 286.2M | 247.0M |
| General & Admin Expense | 189.7M | 171.9M | 152.8M | 145.9M | 121.7M |
| Selling & Marketing Expense | 204.4M | 196.5M | 170.6M | 140.2M | 125.3M |
| Other Expenses | (13.4M) | 10.3M | 38.3M | 21.7M | 17.7M |
| Total Operating Expenses | 490.0M | 462.4M | 428.4M | 366.1M | 306.6M |
| Cost and Expenses | 788.9M | 756.3M | 669.0M | 589.9M | 499.7M |
| Operating Income (EBIT) | (1.4M) | (7.8M) | (2.2M) | (17.5M) | (8.1M) |
| Non-Operating | |||||
| Interest Income | 3.4M | 5.2M | 4.1M | — | — |
| Interest Expense | — | — | — | 4.2M | 2.0M |
| Net Interest Income | 3.4M | 5.2M | 4.1M | (4.2M) | (2.0M) |
| Other Non-Op Income/Expense | 40.6M | 15.4M | 4.1M | (4.2M) | (2.0M) |
| Non-Operating Income (excl Interest) | 57.5M | (15.4M) | (17.5M) | — | — |
| EBT (Pre-Tax Income) | 39.2M | 7.6M | 1.9M | (21.7M) | (10.1M) |
| Income Tax Expense | 35.6M | 368.0K | 54.6M | (8.6M) | 2.2M |
| Bottom Line | |||||
| Net Income | 3.6M | 7.2M | (52.7M) | (13.1M) | (12.3M) |
| Earnings from Cont. Ops | 3.6M | 7.2M | (52.7M) | (13.1M) | (12.3M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 3.6M | 7.2M | (52.7M) | (13.1M) | (12.3M) |
| Per Share | |||||
| Basic EPS | $0.03 | $0.05 | ($0.34) | ($0.09) | ($0.08) |
| Diluted EPS | $0.03 | $0.04 | ($0.34) | ($0.09) | ($0.08) |
| Revenue Per Share | $4.88 | $5.19 | $4.30 | $3.77 | $3.29 |
| Shares | |||||
| Basic Shares Outstanding | 161.3M | 144.2M | 155.1M | 151.9M | 149.6M |
| Diluted Shares Outstanding | 161.4M | 180.3M | 155.1M | 151.9M | 149.6M |
| Profitability Metrics | |||||
| EBITDA | 34.1M | 104.5M | 102.0M | 57.0M | 53.1M |
| D&A | 93.1M | 96.9M | 86.7M | 74.5M | 61.2M |
| EBIT | (59.0M) | 7.6M | 15.3M | (17.5M) | (8.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026