Vertex (VERX) Gross Profit (2019 - 2026)

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

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

Vertex (VERX) has 8 years of Gross Profit data on file, last reported at $124.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Gross Profit rose 10.51% year-over-year to $124.9 million; the trailing twelve-month figure through Mar 2026 stood at $493.5 million (up 11.31% YoY), and the FY2025 full-year result was $481.6 million, up 13.02% from the prior year.
  • Gross Profit eased to $124.9 million in Q1 2026, 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.
  • A 5-year average of $98.8 million and a median of $95.8 million in 2024 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit advanced 5.31% in 2022 and rose 25.37% in 2024, its largest moves.
  • Tracing VERX's Gross Profit over 5 years: stood at $81.6 million in 2022, then climbed by 14.64% to $93.6 million in 2023, then climbed by 25.13% to $117.1 million in 2024, then rose by 7.66% to $126.1 million in 2025, then fell by 0.97% to $124.9 million in 2026.
  • Business Quant data shows VERX's Gross Profit at $124.9 million in Q1 2026, $126.1 million in Q4 2025, and $121.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Vertex 104.52 Mn -147.93 Mn 124.87 Mn

Historic Data

Download Data
DateValue
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