Vertex (VERX) Net Income (2019 - 2026)

Vertex's (VERX) quarterly Net Income came in at -$2.5 million in Q1 2026, down 122.55% year-on-year from $11.1 million in Q1 2025, and up 94.46% quarter-over-quarter from -$45.3 million in Q4 2025.

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

Vertex has disclosed Net Income across 8 years of filings, most recently posting -$2.5 million for Q1 2026.

  • Net Income for Q1 2026 came in at -$2.5 million, down 122.55% year-over-year; the trailing twelve-month figure through Mar 2026 was -$44.8 million (up 16.27% YoY), and the FY2025 annual result 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.
  • The 5-year median for Net Income is -$1.1 million (2022), against an average of -$7.8 million.
  • Across the five-year window, Net Income tumbled 5328.74% in 2023 and surged 314.68% in 2025, its largest moves.
  • Vertex's Net Income stood at -$5.3 million in 2022, then surged by 177.55% to $4.1 million in 2023, then plunged by 1969.61% to -$77.0 million in 2024, then soared by 41.1% to -$45.3 million in 2025, then surged by 94.46% to -$2.5 million in 2026.
  • The last three Net Income figures came in at -$2.5 million (Q1 2026), -$45.3 million (Q4 2025), and $4.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 208.31 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 302.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -581.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 2.09 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 335.66 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 469.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 1.36 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.71 Bn
10 Vertex 979.71 Mn 727.26 Mn 124.87 Mn -2.51 Mn

Historic Data

Download Data
DateValue
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