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

Vertex has disclosed Cost of Revenue across 8 years of filings, most recently posting $71.8 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $71.8 million, up 49.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $258.4 million (up 34.5% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $50.7 million (2022), against an average of $47.3 million.
• Across the five-year window, Cost of Revenue tumbled 164.65% in 2022 and soared 302.21% in 2023, its largest moves.
• Vertex's Cost of Revenue stood at -$18.3 million in 2022, then jumped by 302.21% to $37.0 million in 2023, then surged by 65.59% to $61.3 million in 2024, then declined by 14.41% to $52.5 million in 2025, then surged by 36.73% to $71.8 million in 2026.
• The last three Cost of Revenue figures came in at $71.8 million (Q1 2026), $52.5 million (Q4 2025), and $70.8 million (Q3 2025), per Business Quant data.