Vertex (VERX) Gross Profit (2019 - 2026)
Vertex recorded quarterly Gross Profit of $124.9 million in Q1 2026, down 0.97% quarter-over-quarter from $126.1 million in Q4 2025, and up 10.51% year-over-year from $113.0 million in Q1 2025.
Vertex's Gross Profit history runs 8 years deep, the most recent figure standing at $124.9 million for Q1 2026.
- In Q1 2026, Gross Profit rose 10.51% year-over-year to $124.9 million; the TTM figure through Mar 2026 stood at $493.5 million (up 11.31% YoY), while the FY2025 annual figure 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.
- 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 climbed 5.31% in 2022 and gained 25.37% in 2024, its largest moves.
- Vertex's Gross Profit stood at $81.6 million in 2022, then increased by 14.64% to $93.6 million in 2023, then increased by 25.13% to $117.1 million in 2024, then advanced by 7.66% to $126.1 million in 2025, then decreased 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Vertex | 1.10 Bn | 851.72 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 |
| Sep 30, 2023 | 88.16 Mn |
| Sep 30, 2023 | 88.16 Mn |
| Jun 30, 2023 | 85.82 Mn |
| Jun 30, 2023 | 85.82 Mn |
| Mar 31, 2023 | 81.00 Mn |
| Mar 31, 2023 | 81.00 Mn |
| Dec 31, 2022 | 81.65 Mn |
| Dec 31, 2022 | 81.65 Mn |
| Sep 30, 2022 | 75.58 Mn |
| Sep 30, 2022 | 75.58 Mn |
| Jun 30, 2022 | 71.15 Mn |
| Jun 30, 2022 | 71.15 Mn |
| Mar 31, 2022 | 70.12 Mn |
| Mar 31, 2022 | 70.12 Mn |
| Dec 31, 2021 | 68.01 Mn |
| Dec 31, 2021 | 68.01 Mn |
| Sep 30, 2021 | 66.78 Mn |
| Sep 30, 2021 | 66.78 Mn |
| Jun 30, 2021 | 67.56 Mn |
| Jun 30, 2021 | 67.56 Mn |
| Mar 31, 2021 | 61.30 Mn |
| Mar 31, 2021 | 61.30 Mn |
| Dec 31, 2020 | 63.33 Mn |
| Dec 31, 2020 | 63.33 Mn |
| Sep 30, 2020 | 46.64 Mn |
| Sep 30, 2020 | 46.64 Mn |
| Jun 30, 2020 | 49.53 Mn |
| Jun 30, 2020 | 49.53 Mn |
| Mar 31, 2020 | 49.78 Mn |
| Mar 31, 2020 | 49.78 Mn |
| Dec 31, 2019 | 55.80 Mn |
| Dec 31, 2019 | 55.80 Mn |
| Sep 30, 2019 | 55.01 Mn |
| Sep 30, 2019 | 55.01 Mn |
| Jun 30, 2019 | 51.27 Mn |
| Jun 30, 2019 | 51.27 Mn |