Vertex (VERX) Operating Margin (2019 - 2026)
Vertex (VERX) posted Operating Margin of 5.39% for Q1 2026, down 302.21% sequentially from 1.34% in Q4 2025, and down 793.0% YoY from 0.78% in Q1 2025.
Vertex (VERX) Operating Margin (2019 - 2026) Analysis & Trends
Vertex has reported Operating Margin for 8 years, with the latest figure at 5.39% in Q1 2026.
- Quarterly Operating Margin fell 793.0% year-over-year to 5.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.66% (down 222.0% YoY) and the FY2025 annual result came in at 0.31%, up 65.0% from the prior year.
- Operating Margin fell to 5.39% in Q1 2026 per VERX's latest filing, from 1.34% in the prior quarter.
- Over five years, Operating Margin peaked at 4.68% in Q2 2024 and troughed at 7.34% in Q4 2024.
- A 5-year average of 1.41% and a median of 1.39% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2026: Operating Margin soared 760 bps in 2024, then plunged 793 bps in 2026.
- Over 5 years, Operating Margin stood at 2.58% in 2022, then soared by 38 bps to 1.61% in 2023, then sank by 357 bps to 7.34% in 2024, then soared by 82 bps to 1.34% in 2025, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | -2.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.18% |
| 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 | -7.34% |
| 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 | -0.01% |
| Sep 30, 2021 | -3.26% |