Vertex VERX
NASDAQ VERX
$13.77 -0.01 (-0.07%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vertex (VERX) Operating Expenses (2019 - 2026)

Vertex's (VERX) quarterly Operating Expenses came in at $135.7 million in Q2 2026, up 8.54% year-over-year from $125.1 million in Q2 2025, and little changed quarter-over-quarter from $135.5 million in Q1 2026.

Analysis

Vertex (VERX) Operating Expenses (2019 - 2026) Analysis & Trends

Vertex has disclosed Operating Expenses across 8 years of filings, most recently posting $135.7 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 8.54% year-over-year to $135.7 million; the TTM figure through Jun 2026 stood at $516.9 million (up 10.12% YoY), while the FY2025 annual figure was $479.3 million, up 11.89% from the prior year.
  • Operating Expenses came in at $135.7 million for Q2 2026 at Vertex, roughly flat from $135.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $135.7 million in Q2 2026 to a low of $69.6 million in Q1 2022.
  • Average Operating Expenses over 5 years is $102.9 million, with a median of $96.7 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 35.52% in 2024 and dropped 1.17% in 2025.
  • Over 5 years, 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 grew by 5.47% to $135.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $135.7 million in Q2 2026, $135.5 million in Q1 2026, and $128.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thomson Reuters 46.10 Bn 45.06 Bn - -1.21 Bn
2 Docusign 12.87 Bn 12.10 Bn 697.87 Mn 580.25 Mn
3 Workiva 4.15 Bn 3.33 Bn 205.27 Mn 193.60 Mn
4 Vertex 2.22 Bn 1.99 Bn 131.30 Mn 135.74 Mn
5 Clarivate 1.33 Bn 1.11 Bn 401.80 Mn 787.50 Mn
6 Donnelley Financial Solutions 1.26 Bn 1.23 Bn 148.00 Mn 78.10 Mn
7 Legalzoom.Com 1.03 Bn 859.25 Mn 139.93 Mn 129.28 Mn
8 Telos 358.74 Mn 308.09 Mn 16.69 Mn 16.38 Mn
9 CS Disco 276.29 Mn 174.90 Mn 32.11 Mn 41.33 Mn
10 Audioeye 95.59 Mn 86.87 Mn 8.45 Mn 9.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 135.74 Mn
Mar 31, 2026 135.48 Mn
Dec 31, 2025 128.70 Mn
Sep 30, 2025 117.00 Mn
Jun 30, 2025 125.06 Mn
Mar 31, 2025 108.51 Mn
Dec 31, 2024 130.23 Mn
Sep 30, 2024 105.63 Mn
Jun 30, 2024 95.14 Mn
Mar 31, 2024 97.36 Mn
Dec 31, 2023 96.09 Mn
Sep 30, 2023 90.17 Mn
Jun 30, 2023 89.89 Mn
Mar 31, 2023 89.93 Mn
Dec 31, 2022 85.03 Mn
Sep 30, 2022 76.45 Mn
Jun 30, 2022 75.44 Mn
Mar 31, 2022 69.65 Mn
Dec 31, 2021 68.03 Mn
Sep 30, 2021 70.39 Mn