Vertex (VERX) Net Margin (2019 - 2026)
Vertex's (VERX) quarterly Net Margin came in at 0.62% in Q1 2026, down 346.0% year-on-year from 0.25% in Q1 2025, and up 61.6% quarter-over-quarter from 1.62% in Q4 2025.
Vertex (VERX) Net Margin (2019 - 2026) Analysis & Trends
Vertex has disclosed Net Margin across 8 years of filings, most recently posting 0.62% for Q1 2026.
- Net Margin for Q1 2026 came in at 0.62%, down 346.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.38% (up 233.0% YoY), and the FY2025 annual result was 0.46%, up 376.0% from the prior year.
- Net Margin came in at 0.62% for Q1 2026 at Vertex, up from 1.62% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 3.38% in Q4 2023 to a low of 17.28% in Q4 2024.
- The 5-year median for Net Margin is 0.29% (2022), against an average of 1.53%.
- Across the five-year window, Net Margin tumbled 2067 bps in 2024 and soared 1566 bps in 2025, its largest moves.
- Vertex's Net Margin stood at 2.77% in 2022, then surged by 222 bps to 3.38% in 2023, then tumbled by 611 bps to 17.28% in 2024, then surged by 91 bps to 1.62% in 2025, then surged by 62 bps to 0.62% in 2026.
- The last three Net Margin figures came in at 0.62% (Q1 2026), 1.62% (Q4 2025), and 1.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Vertex | 979.71 Mn | 727.26 Mn | 124.87 Mn | -0.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.62% |
| Dec 31, 2025 | -1.62% |
| Sep 30, 2025 | 1.04% |
| Jun 30, 2025 | -0.28% |
| Mar 31, 2025 | 2.84% |
| Dec 31, 2024 | -17.28% |
| Sep 30, 2024 | 2.45% |
| Jun 30, 2024 | 1.88% |
| Mar 31, 2024 | 1.03% |
| Dec 31, 2023 | 3.38% |
| Sep 30, 2023 | -1.50% |
| Jun 30, 2023 | -1.75% |
| Mar 31, 2023 | -9.08% |
| Dec 31, 2022 | -2.77% |
| Sep 30, 2022 | -0.29% |
| Jun 30, 2022 | -3.29% |
| Mar 31, 2022 | -0.21% |
| Dec 31, 2021 | -0.42% |
| Sep 30, 2021 | -0.97% |
| Jun 30, 2021 | 0.55% |