Vertex (VERX) Gross Margin (2019 - 2026)

Vertex has disclosed Gross Margin across 8 years of filings, most recently posting 64.37% for Q2 2026.

• In Q2 2026, Gross Margin fell 130.0% year-over-year to 64.37%; the TTM figure through Jun 2026 stood at 63.95% (down 105.0% YoY), while the FY2025 annual figure was 64.35%, up 44.0% from the prior year.
• Gross Margin came in at 64.37% for Q2 2026 at Vertex, up from 63.5% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 65.67% in Q2 2025 to a low of 59.65% in Q2 2022.
• Average Gross Margin over 5 years is 62.61%, with a median of 62.71% recorded in 2022.
• Year-over-year, Gross Margin slumped 473 bps in 2022 and jumped 521 bps in 2024.
• Over 5 years, Gross Margin stood at 62.27% in 2022, then decreased by 3 bps to 60.42% in 2023, then increased by 9 bps to 65.63% in 2024, then decreased by 1 bps to 64.76% in 2025, then decreased by 1 bps to 64.37% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 64.37% in Q2 2026, 63.5% in Q1 2026, and 64.76% in Q4 2025.