Vertex (VERX) Operating Expenses (2019 - 2026)

Vertex has disclosed Operating Expenses across 8 years of filings, most recently posting $135.5 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $135.5 million, up 24.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $506.2 million (up 15.18% YoY), and the FY2025 annual result was $479.3 million, up 11.89% from the prior year.
• Operating Expenses came in at $135.5 million for Q1 2026 at Vertex, up from $128.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $135.5 million in Q1 2026 to a low of $69.6 million in Q1 2022.
• The 5-year median for Operating Expenses is $96.1 million (2023), against an average of $100.9 million.
• Across the five-year window, Operating Expenses jumped 35.52% in 2024 and slipped 1.17% in 2025, its largest moves.
• Vertex's Operating Expenses stood at $85.0 million in 2022, then rose by 13.01% to $96.1 million in 2023, then surged by 35.52% to $130.2 million in 2024, then decreased by 1.17% to $128.7 million in 2025, then increased by 5.26% to $135.5 million in 2026.
• The last three Operating Expenses figures came in at $135.5 million (Q1 2026), $128.7 million (Q4 2025), and $117.0 million (Q3 2025), per Business Quant data.