Vertex (VERX) Gross Profit (2019 - 2026)
Vertex's (VERX) quarterly Gross Profit came in at $124.9 million in Q1 2026, up 10.51% year-on-year from $113.0 million in Q1 2025, and down 0.97% quarter-over-quarter from $126.1 million in Q4 2025.
Vertex (VERX) Gross Profit (2019 - 2026) Analysis & Trends
Vertex has disclosed Gross Profit across 8 years of filings, most recently posting $124.9 million for Q1 2026.
- Gross Profit for Q1 2026 came in at $124.9 million, up 10.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $493.5 million (up 11.31% YoY), and the FY2025 annual result was $481.6 million, up 13.02% from the prior year.
- Gross Profit came in at $124.9 million for Q1 2026 at Vertex, down from $126.1 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $126.1 million in Q4 2025 to a low of $70.1 million in Q1 2022.
- The 5-year median for Gross Profit is $95.8 million (2024), against an average of $98.8 million.
- Across the five-year window, Gross Profit advanced 5.31% in 2022 and rose 25.37% in 2024, its largest moves.
- Vertex's Gross Profit stood at $81.6 million in 2022, then grew by 14.64% to $93.6 million in 2023, then grew by 25.13% to $117.1 million in 2024, then gained by 7.66% to $126.1 million in 2025, then retreated by 0.97% to $124.9 million in 2026.
- The last three Gross Profit figures came in at $124.9 million (Q1 2026), $126.1 million (Q4 2025), and $121.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Vertex | 979.71 Mn | 727.26 Mn | 124.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 124.87 Mn |
| Mar 31, 2026 | 124.87 Mn |
| Dec 31, 2025 | 126.09 Mn |
| Dec 31, 2025 | 126.09 Mn |
| Sep 30, 2025 | 121.32 Mn |
| Sep 30, 2025 | 121.32 Mn |
| Jun 30, 2025 | 121.20 Mn |
| Jun 30, 2025 | 121.20 Mn |
| Mar 31, 2025 | 112.99 Mn |
| Mar 31, 2025 | 112.99 Mn |
| Dec 31, 2024 | 117.12 Mn |
| Dec 31, 2024 | 117.12 Mn |
| Sep 30, 2024 | 110.52 Mn |
| Sep 30, 2024 | 110.52 Mn |
| Jun 30, 2024 | 102.69 Mn |
| Jun 30, 2024 | 102.69 Mn |
| Mar 31, 2024 | 95.79 Mn |
| Mar 31, 2024 | 95.79 Mn |
| Dec 31, 2023 | 93.60 Mn |
| Dec 31, 2023 | 93.60 Mn |