Vertex (VERX) Gross Profit (2019 - 2026)
Vertex (VERX) recorded Gross Profit of $131.3 million in Q2 2026, up 8.3% from $121.2 million a year earlier and up 5.2% from the prior quarter.
Vertex (VERX) Gross Profit (2019 - 2026) Analysis & Trends
On a TTM basis, Vertex's Gross Profit came in at $503.58 million as of Jun 30, 2026, up 9.0% year-over-year; for FY2025, it was $481.6 million, up 13.0% from FY2024.
- Annual Gross Profit has increased for five straight years, with a five-year compound annual growth rate of 18.1% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $426.13 million in FY2024 (+22.2%), $348.58 million in FY2023 (+16.8%), $298.49 million in FY2022 (+13.2%) and $263.66 million in FY2021 (+26.0%).
- The Q2 2026 figure is the highest quarterly Gross Profit in data going back to Q2 2019.
- On a year-over-year basis, Gross Profit has increased for 23 consecutive quarters, with growth averaging 15.3% over the last eight quarters.
- The year-over-year growth in Gross Profit has ranged between 5.3% (Q2 2022) and 43.2% (Q3 2021) over the last five years.
- Per Business Quant, the preceding three quarters came in at $124.87 million (Q1 2026), $126.09 million (Q4 2025) and $121.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn |
| 10 | Vertex | 1.90 Bn | 760.17 Mn | 131.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.30 Mn |
| Mar 31, 2026 | 124.87 Mn |
| Dec 31, 2025 | 126.09 Mn |
| Sep 30, 2025 | 121.32 Mn |
| Jun 30, 2025 | 121.20 Mn |
| Mar 31, 2025 | 112.99 Mn |
| Dec 31, 2024 | 117.12 Mn |
| Sep 30, 2024 | 110.52 Mn |
| Jun 30, 2024 | 102.69 Mn |
| Mar 31, 2024 | 95.79 Mn |
| Dec 31, 2023 | 93.60 Mn |
| Sep 30, 2023 | 88.16 Mn |
| Jun 30, 2023 | 85.82 Mn |
| Mar 31, 2023 | 81.00 Mn |
| Dec 31, 2022 | 81.65 Mn |
| Sep 30, 2022 | 75.58 Mn |
| Jun 30, 2022 | 71.15 Mn |
| Mar 31, 2022 | 70.12 Mn |
| Dec 31, 2021 | 68.01 Mn |
| Sep 30, 2021 | 66.78 Mn |
Vertex Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=VERX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "VERX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();