Vertex (VERX) Operating Expenses (2019 - 2026)

Vertex's Operating Expenses history runs 8 years deep, the most recent figure standing at $135.5 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 24.85% year-over-year to $135.5 million; the TTM figure through Mar 2026 stood at $506.2 million (up 15.18% YoY), while the FY2025 annual figure 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.
• A 5-year average of $100.9 million and a median of $96.1 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 35.52% in 2024 and dropped 1.17% in 2025, its largest moves.
• Vertex's Operating Expenses stood at $85.0 million in 2022, then gained by 13.01% to $96.1 million in 2023, then soared by 35.52% to $130.2 million in 2024, then slipped by 1.17% to $128.7 million in 2025, then rose by 5.26% to $135.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $135.5 million, $128.7 million, and $117.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison