Vertex (VERX) Operating Margin (2019 - 2026)
Vertex recorded quarterly Operating Margin of 5.39% in Q1 2026, down 302.21% quarter-over-quarter from 1.34% in Q4 2025, and down 793.0% year-over-year from 0.78% in Q1 2025.
Vertex's Operating Margin history runs 8 years deep, the most recent figure standing at 5.39% for Q1 2026.
- In Q1 2026, Operating Margin fell 793.0% year-over-year to 5.39%; the TTM figure through Mar 2026 stood at 1.66% (down 260.0% YoY), while the FY2025 annual figure was 0.31%, up 25.0% from the prior year.
- Operating Margin came in at 5.39% for Q1 2026 at Vertex, down from 1.34% 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 6.73% in Q1 2023.
- A 5-year average of 1.32% and a median of 1.39% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 760 bps in 2024 and tumbled 793 bps in 2026, its largest moves.
- Vertex's Operating Margin stood at 2.58% in 2022, then surged by 38 bps to 1.61% in 2023, then slumped by 265 bps to 5.87% in 2024, then jumped by 77 bps to 1.34% in 2025, then plunged by 302 bps to 5.39% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.39%, 1.34%, and 2.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | Vertex | 1.10 Bn | 851.72 Mn | 124.87 Mn | -5.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.39% |
| Dec 31, 2025 | -1.34% |
| Sep 30, 2025 | 2.25% |
| Jun 30, 2025 | -2.09% |
| Mar 31, 2025 | 2.53% |
| Dec 31, 2024 | -5.87% |
| Sep 30, 2024 | 2.87% |
| Jun 30, 2024 | 4.68% |
| Mar 31, 2024 | -1.00% |
| Dec 31, 2023 | -1.61% |
| Sep 30, 2023 | -1.39% |
| Jun 30, 2023 | -2.91% |
| Mar 31, 2023 | -6.73% |
| Dec 31, 2022 | -2.58% |
| Sep 30, 2022 | -0.69% |
| Jun 30, 2022 | -3.60% |
| Mar 31, 2022 | 0.41% |
| Dec 31, 2021 | 1.88% |
| Sep 30, 2021 | -3.26% |
| Jun 30, 2021 | -1.39% |
| Mar 31, 2021 | 2.18% |
| Dec 31, 2020 | 84.99% |
| Sep 30, 2020 | -52.86% |
| Jun 30, 2020 | -31.77% |
| Mar 31, 2020 | -31.65% |
| Dec 31, 2019 | 4.77% |
| Sep 30, 2019 | 14.95% |
| Jun 30, 2019 | 9.76% |