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| 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 |