Vertex (VERX) Net Income (2019 - 2026)
Vertex (VERX) posted Net Income of -$2.5 million for Q1 2026, up 93.35% sequentially from -$37.7 million in Q4 2025, and down 122.55% YoY from $11.1 million in Q1 2025.
Vertex (VERX) Net Income (2019 - 2026) Analysis & Trends
Vertex has reported Net Income for 8 years, with the latest figure at -$2.5 million in Q1 2026.
- Quarterly Net Income fell 122.55% year-over-year to -$2.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$37.2 million (down 473.43% YoY) and the FY2025 annual result came in at -$23.5 million, down 1660.41% from the prior year.
- Net Income grew to -$2.5 million in Q1 2026 per VERX's latest filing, from -$37.7 million in the prior quarter.
- Over five years, Net Income peaked at $25.6 million in Q4 2023 and troughed at -$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.
- The widest YoY moves for Net Income: up 372.41% in 2023, down 5328.74% in 2023.
- Over 5 years, Net Income stood at -$9.4 million in 2022, then jumped by 372.41% to $25.6 million in 2023, then sank by 152.94% to -$13.6 million in 2024, then plunged by 178.33% to -$37.7 million in 2025, then soared by 93.35% to -$2.5 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$2.5 million, -$37.7 million, and $4.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 8.54 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.50 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.11 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 2.44 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 298.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -295.57 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 978.60 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.71 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 3.06 Bn |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | 9.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.04 Mn |
| 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 |