Vertex (VERX) Net Margin (2019 - 2026)
Vertex recorded quarterly Net Margin of 0.62% in Q1 2026, up 61.6% quarter-over-quarter from 1.62% in Q4 2025, and down 346.0% year-over-year from 0.25% in Q1 2025.
Vertex's Net Margin history runs 8 years deep, the most recent figure standing at 0.62% for Q1 2026.
- In Q1 2026, Net Margin fell 346.0% year-over-year to 0.62%; the TTM figure through Mar 2026 stood at 0.38% (up 233.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 1.53% and a median of 0.29% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 2067 bps in 2024 and jumped 1566 bps in 2025, its largest moves.
- Vertex's Net Margin stood at 2.77% in 2022, then soared by 222 bps to 3.38% in 2023, then slumped by 611 bps to 17.28% in 2024, then soared by 91 bps to 1.62% in 2025, then soared by 62 bps to 0.62% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.62%, 1.62%, and 1.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Vertex | 1.10 Bn | 851.72 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% |
| Mar 31, 2021 | 1.77% |
| Dec 31, 2020 | -6.51% |
| Sep 30, 2020 | 0.53% |
| Jun 30, 2020 | -0.04% |
| Mar 31, 2020 | -32.57% |
| Dec 31, 2019 | -30.56% |
| Sep 30, 2019 | 14.41% |
| Jun 30, 2019 | 9.09% |