Vertex (VERX) Operating Margin (2019 - 2026)

Vertex has disclosed Operating Margin across 8 years of filings, most recently posting 2.18% for Q2 2026.

• In Q2 2026, Operating Margin fell 8.0% year-over-year to 2.18%; the TTM figure through Jun 2026 stood at 1.69% (down 63.0% YoY), while the FY2025 annual figure was 0.31%, up 65.0% from the prior year.
• Operating Margin came in at 2.18% for Q2 2026 at Vertex, up from 5.39% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 4.68% in Q2 2024 to a low of 7.34% in Q4 2024.
• Average Operating Margin over 5 years is 1.45%, with a median of 1.5% recorded in 2023.
• Year-over-year, Operating Margin surged 760 bps in 2024 and tumbled 793 bps in 2026.
• Over 5 years, Operating Margin stood at 2.58% in 2022, then jumped by 38 bps to 1.61% in 2023, then tumbled by 357 bps to 7.34% in 2024, then jumped by 82 bps to 1.34% in 2025, then sank by 62 bps to 2.18% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 2.18% in Q2 2026, 5.39% in Q1 2026, and 1.34% in Q4 2025.