Vertex (VERX) Net Income (2019 - 2026)
Vertex recorded quarterly Net Income of -$2.5 million in Q1 2026, up 94.46% quarter-over-quarter from -$45.3 million in Q4 2025, and down 122.55% year-over-year from $11.1 million in Q1 2025.
Vertex's Net Income history runs 8 years deep, the most recent figure standing at -$2.5 million for Q1 2026.
- In Q1 2026, Net Income fell 122.55% year-over-year to -$2.5 million; the TTM figure through Mar 2026 stood at -$44.8 million (up 16.27% YoY), while the FY2025 annual figure was -$31.1 million, up 49.73% from the prior year.
- Net Income came in at -$2.5 million for Q1 2026 at Vertex, up from -$45.3 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $11.1 million in Q1 2025 to a low of -$77.0 million in Q4 2024.
- A 5-year average of -$7.8 million and a median of -$1.1 million in 2022 frame the typical range for Net Income.
- Across the five-year window, Net Income slumped 5328.74% in 2023 and soared 314.68% in 2025, its largest moves.
- Vertex's Net Income stood at -$5.3 million in 2022, then soared by 177.55% to $4.1 million in 2023, then tumbled by 1969.61% to -$77.0 million in 2024, then jumped by 41.1% to -$45.3 million in 2025, then soared by 94.46% to -$2.5 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$2.5 million, -$45.3 million, and $4.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.21 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.96 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 302.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -581.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 469.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 335.66 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.89 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 1.36 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 3.06 Bn |
| 10 | Vertex | 1.10 Bn | 851.72 Mn | 124.87 Mn | -2.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.51 Mn |
| Dec 31, 2025 | -45.33 Mn |
| Sep 30, 2025 | 4.05 Mn |
| Jun 30, 2025 | -961,000.00 |
| Mar 31, 2025 | 11.13 Mn |
| Dec 31, 2024 | -76.97 Mn |
| Sep 30, 2024 | 7.22 Mn |
| Jun 30, 2024 | 5.16 Mn |
| Mar 31, 2024 | 2.68 Mn |
| Dec 31, 2023 | 4.12 Mn |
| Sep 30, 2023 | -3.40 Mn |
| Jun 30, 2023 | -6.90 Mn |
| Mar 31, 2023 | -18.13 Mn |
| Dec 31, 2022 | -5.31 Mn |
| Sep 30, 2022 | -1.14 Mn |
| Jun 30, 2022 | -5.52 Mn |
| Mar 31, 2022 | -334,000.00 |
| Dec 31, 2021 | 5.84 Mn |
| Sep 30, 2021 | -3.95 Mn |
| Jun 30, 2021 | 808,000.00 |
| Mar 31, 2021 | 2.29 Mn |
| Dec 31, 2020 | 76.11 Mn |
| Sep 30, 2020 | -17.17 Mn |
| Jun 30, 2020 | -29.08 Mn |
| Mar 31, 2020 | -29.06 Mn |
| Dec 31, 2019 | -26.88 Mn |
| Sep 30, 2019 | 11.90 Mn |
| Jun 30, 2019 | 7.12 Mn |