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

Vertex's Cost of Revenue history runs 8 years deep, the most recent figure standing at $71.8 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 49.05% year-over-year to $71.8 million; the TTM figure through Mar 2026 stood at $258.4 million (up 34.5% YoY), while the FY2025 annual figure was $196.5 million, down 18.35% from the prior year.
• Cost of Revenue came in at $71.8 million for Q1 2026 at Vertex, up from $52.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $71.8 million in Q1 2026 to a low of -$18.3 million in Q4 2022.
• A 5-year average of $47.3 million and a median of $50.7 million in 2022 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slumped 164.65% in 2022 and jumped 302.21% in 2023, its largest moves.
• Vertex's Cost of Revenue stood at -$18.3 million in 2022, then surged by 302.21% to $37.0 million in 2023, then soared by 65.59% to $61.3 million in 2024, then fell by 14.41% to $52.5 million in 2025, then soared by 36.73% to $71.8 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $71.8 million, $52.5 million, and $70.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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