Growth Metrics

Vertex (VERX) Cost of Revenue (2019 - 2021)

Historic Cost of Revenue for Vertex (VERX) over the last 3 years, with Q1 2021 value amounting to $36.9 million.

  • Vertex's Cost of Revenue fell 640.87% to $36.9 million in Q1 2021 from the same period last year, while for Mar 2021 it was $162.9 million, marking a year-over-year increase of 3104.54%. This contributed to the annual value of $161.9 million for FY2021, which is 211.32% down from last year.
  • Per Vertex's latest filing, its Cost of Revenue stood at $36.9 million for Q1 2021, which was down 640.87% from $36.2 million recorded in Q4 2020.
  • In the past 5 years, Vertex's Cost of Revenue registered a high of $48.0 million during Q3 2020, and its lowest value of $27.1 million during Q2 2019.
  • Moreover, its 3-year median value for Cost of Revenue was $36.6 million (2020), whereas its average is $35.9 million.
  • Per our database at Business Quant, Vertex's Cost of Revenue skyrocketed by 7485.51% in 2020 and then tumbled by 640.87% in 2021.
  • Quarter analysis of 3 years shows Vertex's Cost of Revenue stood at $30.3 million in 2019, then increased by 19.62% to $36.2 million in 2020, then grew by 1.99% to $36.9 million in 2021.
  • Its Cost of Revenue stands at $36.9 million for Q1 2021, versus $36.2 million for Q4 2020 and $48.0 million for Q3 2020.