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Vertex (VERX) Cost of Revenue (2019 - 2025)

Vertex (VERX) has disclosed Cost of Revenue for 7 consecutive years, with -$1.7 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 102.83% to -$1.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $180.6 million through Dec 2025, down 18.94% year-over-year, with the annual reading at $196.5 million for FY2025, 18.35% down from the prior year.
  • Cost of Revenue hit -$1.7 million in Q4 2025 for Vertex, down from $70.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $70.8 million in Q3 2025 to a low of -$22.3 million in Q4 2023.
  • Historically, Cost of Revenue has averaged $40.8 million across 5 years, with a median of $44.3 million in 2024.
  • Biggest five-year swings in Cost of Revenue: surged 375.54% in 2024 and later plummeted 102.83% in 2025.
  • Year by year, Cost of Revenue stood at $36.9 million in 2021, then fell by 25.67% to $27.5 million in 2022, then plummeted by 181.09% to -$22.3 million in 2023, then surged by 375.54% to $61.3 million in 2024, then crashed by 102.83% to -$1.7 million in 2025.
  • Business Quant data shows Cost of Revenue for VERX at -$1.7 million in Q4 2025, $70.8 million in Q3 2025, and $63.4 million in Q2 2025.