Vertex (VERX) Gross Margin (2019 - 2021)
Historic Gross Margin for Vertex (VERX) over the last 3 years, with Q1 2021 value amounting to 62.4%.
- Vertex's Gross Margin rose 66200.0% to 62.4% in Q1 2021 from the same period last year, while for Mar 2021 it was 57.55%, marking a year-over-year decrease of 54800.0%. This contributed to the annual value of 61.96% for FY2021, which is 61000.0% up from last year.
- Vertex's Gross Margin amounted to 62.4% in Q1 2021, which was up 66200.0% from 63.62% recorded in Q4 2020.
- Vertex's 5-year Gross Margin high stood at 66.72% for Q3 2019, and its period low was 49.3% during Q3 2020.
- Its 3-year average for Gross Margin is 60.29%, with a median of 63.01% in 2020.
- Per our database at Business Quant, Vertex's Gross Margin crashed by -174300bps in 2020 and then soared by 66200bps in 2021.
- Over the past 3 years, Vertex's Gross Margin (Quarter) stood at 64.83% in 2019, then decreased by -2bps to 63.62% in 2020, then fell by -2bps to 62.4% in 2021.
- Its last three reported values are 62.4% in Q1 2021, 63.62% for Q4 2020, and 49.3% during Q3 2020.