Vertex VERX
NASDAQ VERX
$13.77 -0.01 (-0.07%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vertex (VERX) Cost of Revenue (2019 - 2026)

Vertex's (VERX) quarterly Cost of Revenue came in at $72.7 million in Q2 2026, up 14.7% year-over-year from $63.4 million in Q2 2025, and up 1.24% quarter-over-quarter from $71.8 million in Q1 2026.

Analysis

Vertex (VERX) Cost of Revenue (2019 - 2026) Analysis & Trends

Vertex has disclosed Cost of Revenue across 8 years of filings, most recently posting $72.7 million for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 14.7% year-over-year to $72.7 million; the TTM figure through Jun 2026 stood at $283.9 million (up 14.15% YoY), while the FY2025 annual figure was $266.8 million, up 10.88% from the prior year.
  • Cost of Revenue came in at $72.7 million for Q2 2026 at Vertex, up from $71.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $72.7 million in Q2 2026 to a low of $44.9 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $59.4 million, with a median of $60.4 million recorded in 2024.
  • Year-over-year, Cost of Revenue gained 28.76% in 2022 and grew 0.04% in 2024.
  • Over 5 years, Cost of Revenue stood at $49.5 million in 2022, then grew by 23.91% to $61.3 million in 2023, then advanced by 0.04% to $61.3 million in 2024, then rose by 11.88% to $68.6 million in 2025, then climbed by 5.9% to $72.7 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $72.7 million in Q2 2026, $71.8 million in Q1 2026, and $68.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Thomson Reuters 46.10 Bn 45.06 Bn - -
2 Docusign 12.87 Bn 12.10 Bn 697.87 Mn 177.87 Mn
3 Workiva 4.15 Bn 3.33 Bn 205.27 Mn 50.02 Mn
4 Vertex 2.22 Bn 1.99 Bn 131.30 Mn 72.67 Mn
5 Clarivate 1.33 Bn 1.11 Bn 401.80 Mn 185.50 Mn
6 Donnelley Financial Solutions 1.26 Bn 1.23 Bn 148.00 Mn 76.20 Mn
7 Legalzoom.Com 1.03 Bn 859.25 Mn 139.93 Mn 65.36 Mn
8 Telos 358.74 Mn 308.09 Mn 16.69 Mn 31.05 Mn
9 CS Disco 276.29 Mn 174.90 Mn 32.11 Mn 11.03 Mn
10 Audioeye 95.59 Mn 86.87 Mn 8.45 Mn 2.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 72.67 Mn
Mar 31, 2026 71.78 Mn
Dec 31, 2025 68.62 Mn
Sep 30, 2025 70.80 Mn
Jun 30, 2025 63.36 Mn
Mar 31, 2025 64.07 Mn
Dec 31, 2024 61.34 Mn
Sep 30, 2024 59.91 Mn
Jun 30, 2024 58.42 Mn
Mar 31, 2024 60.99 Mn
Dec 31, 2023 61.31 Mn
Sep 30, 2023 56.87 Mn
Jun 30, 2023 53.88 Mn
Mar 31, 2023 51.75 Mn
Dec 31, 2022 49.48 Mn
Sep 30, 2022 50.66 Mn
Jun 30, 2022 48.13 Mn
Mar 31, 2022 44.87 Mn
Dec 31, 2021 43.64 Mn
Sep 30, 2021 43.94 Mn