Vertex (VERX) Operating Income (2019 - 2026)

Vertex's (VERX) quarterly Operating Income came in at -$10.6 million in Q1 2026, down 336.42% year-on-year from $4.5 million in Q1 2025, and down 306.2% quarter-over-quarter from -$2.6 million in Q4 2025.

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

Vertex has disclosed Operating Income across 8 years of filings, most recently posting -$10.6 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$10.6 million, down 336.42% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.8 million (down 297.78% YoY), and the FY2025 annual result was $2.3 million, up 481.3% from the prior year.
  • Operating Income came in at -$10.6 million for Q1 2026 at Vertex, down from -$2.6 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $7.5 million in Q2 2024 to a low of -$10.6 million in Q1 2026.
  • The 5-year median for Operating Income is -$2.5 million (2023), against an average of -$2.0 million.
  • Across the five-year window, Operating Income plunged 2007.91% in 2023 and surged 386.65% in 2025, its largest moves.
  • Vertex's Operating Income stood at -$3.4 million in 2022, then advanced by 26.37% to -$2.5 million in 2023, then slumped by 320.51% to -$10.5 million in 2024, then soared by 75.07% to -$2.6 million in 2025, then plunged by 306.2% to -$10.6 million in 2026.
  • The last three Operating Income figures came in at -$10.6 million (Q1 2026), -$2.6 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 145.83 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.92 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 382.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 2.35 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 431.33 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 503.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -1.37 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.24 Bn
10 Vertex 979.71 Mn 727.26 Mn 124.87 Mn -10.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.61 Mn
Dec 31, 2025 -2.61 Mn
Sep 30, 2025 4.32 Mn
Jun 30, 2025 -3.86 Mn
Mar 31, 2025 4.49 Mn
Dec 31, 2024 -10.48 Mn
Sep 30, 2024 4.90 Mn
Jun 30, 2024 7.55 Mn
Mar 31, 2024 -1.57 Mn
Dec 31, 2023 -2.49 Mn
Sep 30, 2023 -2.02 Mn
Jun 30, 2023 -4.07 Mn
Mar 31, 2023 -8.93 Mn
Dec 31, 2022 -3.38 Mn
Sep 30, 2022 -871,000.00
Jun 30, 2022 -4.30 Mn
Mar 31, 2022 468,000.00
Dec 31, 2021 2.10 Mn
Sep 30, 2021 -3.61 Mn
Jun 30, 2021 -1.46 Mn