Vertex (VERX) Net Income (2019 - 2026)

Vertex (VERX) reported Net Income of -$2.5 million for Q1 2026, down 122.55% on a YoY basis from $11.1 million in Q1 2025, and up 93.35% sequentially from -$37.7 million in Q4 2025.

Vertex (VERX) Net Income (2019 - 2026) Analysis & Trends

Vertex (VERX) has 8 years of Net Income data on file, last reported at -$2.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 122.55% year-over-year to -$2.5 million; the trailing twelve-month figure through Mar 2026 stood at -$37.2 million (down 473.43% YoY), and the FY2025 full-year result was -$23.5 million, down 1660.41% from the prior year.
  • Net Income grew to -$2.5 million in Q1 2026, from -$37.7 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $25.6 million in Q4 2023 to a low of -$37.7 million in Q4 2025.
  • A 5-year average of -$2.6 million and a median of -$1.1 million in 2022 frame the typical range for Net Income.
  • Peak annual rise in Net Income reached 372.41% in 2023, while the deepest fall reached 5328.74% in 2023.
  • Tracing VERX's Net Income over 5 years: stood at -$9.4 million in 2022, then jumped by 372.41% to $25.6 million in 2023, then slumped by 152.94% to -$13.6 million in 2024, then sank by 178.33% to -$37.7 million in 2025, then soared by 93.35% to -$2.5 million in 2026.
  • Business Quant data shows VERX's Net Income at -$2.5 million in Q1 2026, -$37.7 million in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.15 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 208.31 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -581.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 302.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.11 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 298.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 1.36 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -295.57 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 335.66 Mn
10 Vertex 104.52 Mn -147.93 Mn 124.87 Mn -2.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.51 Mn
Dec 31, 2025 -37.75 Mn
Sep 30, 2025 4.05 Mn
Jun 30, 2025 -961,000.00
Mar 31, 2025 11.13 Mn
Dec 31, 2024 -13.56 Mn
Sep 30, 2024 7.22 Mn
Jun 30, 2024 5.16 Mn
Mar 31, 2024 2.68 Mn
Dec 31, 2023 25.62 Mn
Sep 30, 2023 -3.40 Mn
Jun 30, 2023 -6.90 Mn
Mar 31, 2023 -18.13 Mn
Dec 31, 2022 -9.40 Mn
Sep 30, 2022 -1.14 Mn
Jun 30, 2022 -5.52 Mn
Mar 31, 2022 -334,000.00
Dec 31, 2021 -627,000.00
Sep 30, 2021 -3.95 Mn
Jun 30, 2021 808,000.00