Vertex (VERX) Gross Profit (2019 - 2026)

Vertex's (VERX) quarterly Gross Profit came in at $124.9 million in Q1 2026, up 10.51% year-on-year from $113.0 million in Q1 2025, and down 0.97% quarter-over-quarter from $126.1 million in Q4 2025.

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

Vertex has disclosed Gross Profit across 8 years of filings, most recently posting $124.9 million for Q1 2026.

  • Gross Profit for Q1 2026 came in at $124.9 million, up 10.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $493.5 million (up 11.31% YoY), and the FY2025 annual result 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.
  • The 5-year median for Gross Profit is $95.8 million (2024), against an average of $98.8 million.
  • Across the five-year window, Gross Profit advanced 5.31% in 2022 and rose 25.37% in 2024, its largest moves.
  • Vertex's Gross Profit stood at $81.6 million in 2022, then grew by 14.64% to $93.6 million in 2023, then grew by 25.13% to $117.1 million in 2024, then gained by 7.66% to $126.1 million in 2025, then retreated by 0.97% to $124.9 million in 2026.
  • The last three Gross Profit figures came in at $124.9 million (Q1 2026), $126.1 million (Q4 2025), and $121.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn
10 Vertex 979.71 Mn 727.26 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