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| Date | Value |
|---|---|
| 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 |