Vertex (VERX) Gross Profit (2019 - 2026)

Vertex (VERX) posted Gross Profit of $124.9 million for Q1 2026, down 0.97% sequentially from $126.1 million in Q4 2025, and up 10.51% YoY from $113.0 million in Q1 2025.

Vertex (VERX) Gross Profit (2019 - 2026) Analysis & Trends

Vertex has reported Gross Profit for 8 years, with the latest figure at $124.9 million in Q1 2026.

  • Quarterly Gross Profit rose 10.51% year-over-year to $124.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $493.5 million (up 11.31% YoY) and the FY2025 annual result came in at $481.6 million, up 13.02% from the prior year.
  • Gross Profit eased to $124.9 million in Q1 2026 per VERX's latest filing, from $126.1 million in the prior quarter.
  • Over five years, Gross Profit peaked at $126.1 million in Q4 2025 and troughed at $70.1 million in Q1 2022.
  • A 5-year average of $98.8 million and a median of $95.8 million in 2024 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2024: Gross Profit grew 5.31% in 2022, then advanced 25.37% in 2024.
  • Over 5 years, Gross Profit stood at $81.6 million in 2022, then rose by 14.64% to $93.6 million in 2023, then rose by 25.13% to $117.1 million in 2024, then climbed by 7.66% to $126.1 million in 2025, then slipped by 0.97% to $124.9 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $124.9 million, $126.1 million, and $121.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Vertex 2.06 Bn 1.82 Bn 131.30 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 131.30 Mn
Jun 30, 2026 131.30 Mn
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