Vertex (VERX) Net Margin (2019 - 2026)
Vertex's Net Margin came in at 4.43% for Q2 2026, up 4.95 percentage points from -0.52% a year earlier and up 5.71 percentage points from the prior quarter.
Powered by 
Analysis
Vertex (VERX) Net Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Vertex reported Net Margin of 0.45%, up 7.55 percentage points year-over-year; for FY2025, it came in at 0.96%, up 8.87 percentage points from FY2024.
- Net Margin carries a five-year change of +21.00 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -7.91% in FY2024 (-5.62 pp), -2.29% in FY2023 (+0.22 pp), -2.50% in FY2022 (-2.16 pp) and -0.35% in FY2021 (+19.69 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q1 2025.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -1.35 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2025 (a gain of 34.39 percentage points), and the weakest in Q4 2024 (a drop of 47.89 percentage points).
- Business Quant data shows VERX's Net Margin at -1.28% (Q1 2026), -3.60% (Q4 2025) and 2.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 408.73 Bn | 373.56 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 352.87 Bn | 225.00 Bn | - | 24.19% |
| 3 | Sap Se | 276.76 Bn | 204.16 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 175.91 Bn | 131.79 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 121.25 Bn | 108.04 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 107.40 Bn | 86.66 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 93.12 Bn | 72.47 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 73.28 Bn | 72.38 Bn | - | - |
| 9 | Strategy | 51.23 Bn | 38.37 Bn | 89.63 Mn | 15,243.08% |
| 10 | Vertex | 2.78 Bn | 1.75 Bn | 140.21 Mn | -21.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.87% |
| Jun 30, 2026 | 4.43% |
| Mar 31, 2026 | -1.28% |
| Dec 31, 2025 | -3.60% |
| Sep 30, 2025 | 2.11% |
| Jun 30, 2025 | -0.52% |
| Mar 31, 2025 | 6.29% |
| Dec 31, 2024 | -37.99% |
| Sep 30, 2024 | 4.24% |
| Jun 30, 2024 | 3.21% |
| Mar 31, 2024 | 1.71% |
| Dec 31, 2023 | 9.90% |
| Sep 30, 2023 | -2.34% |
| Jun 30, 2023 | -4.94% |
| Mar 31, 2023 | -13.66% |
| Dec 31, 2022 | -4.05% |
| Sep 30, 2022 | -0.90% |
| Jun 30, 2022 | -4.63% |
| Mar 31, 2022 | -0.29% |
| Dec 31, 2021 | -0.56% |
API Access
Vertex Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VERX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VERX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();