The table below shows Vertex, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$196.65M
$192.11M
$184.56M
$177.06M
$170.44M
$161.10M
Cost of revenue
$71.78M
$70.80M
$63.36M
$64.07M
$59.91M
$58.42M
Gross profit
$124.87M
$121.32M
$121.20M
$112.99M
$110.52M
$102.69M
R&D
$24.55M
$19.93M
$20.58M
$20.89M
$15.62M
$14.61M
VERX annual revenue (10-K history)
Vertex, Inc. reported annual revenue of $748.44M for fiscal year 2025. That is up 12.2% from $666.78M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $272.40M (FY 2018) to $748.44M. Figures come from the company's audited annual reports as filed with the SEC.