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

Vertex (VERX) Research & Development (2019 - 2026)

Vertex's (VERX) quarterly Research & Development came in at $51.9 million in Q2 2026, up 7.11% year-over-year from $48.5 million in Q2 2025, and down 1.4% quarter-over-quarter from $52.6 million in Q1 2026.

Analysis

Vertex (VERX) Research & Development (2019 - 2026) Analysis & Trends

Vertex has disclosed Research & Development across 8 years of filings, most recently posting $51.9 million for Q2 2026.

  • In Q2 2026, Research & Development rose 7.11% year-over-year to $51.9 million; the TTM figure through Jun 2026 stood at $204.4 million (up 9.81% YoY), while the FY2025 annual figure was $196.5 million, up 15.19% from the prior year.
  • Research & Development came in at $51.9 million for Q2 2026 at Vertex, down from $52.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $52.6 million in Q1 2026 to a low of $27.5 million in Q1 2022.
  • Average Research & Development over 5 years is $41.0 million, with a median of $40.5 million recorded in 2024.
  • Year-over-year, Research & Development jumped 36.24% in 2022 and advanced 3.9% in 2023.
  • Over 5 years, Research & Development stood at $35.7 million in 2022, then increased by 3.9% to $37.0 million in 2023, then gained by 28.05% to $47.4 million in 2024, then advanced by 10.67% to $52.5 million in 2025, then dropped by 1.13% to $51.9 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $51.9 million in Q2 2026, $52.6 million in Q1 2026, and $52.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thomson Reuters 46.10 Bn 45.06 Bn - -
2 Docusign 12.87 Bn 12.10 Bn 697.87 Mn 313.96 Mn
3 Workiva 4.15 Bn 3.33 Bn 205.27 Mn 109.02 Mn
4 Vertex 2.22 Bn 1.99 Bn 131.30 Mn 51.90 Mn
5 Clarivate 1.33 Bn 1.11 Bn 401.80 Mn -
6 Donnelley Financial Solutions 1.26 Bn 1.23 Bn 148.00 Mn -
7 Legalzoom.Com 1.03 Bn 859.25 Mn 139.93 Mn 78.85 Mn
8 Telos 358.74 Mn 308.09 Mn 16.69 Mn 1.35 Mn
9 CS Disco 276.29 Mn 174.90 Mn 32.11 Mn 16.88 Mn
10 Audioeye 95.59 Mn 86.87 Mn 8.45 Mn 3.65 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.90 Mn
Mar 31, 2026 52.64 Mn
Dec 31, 2025 52.49 Mn
Sep 30, 2025 47.39 Mn
Jun 30, 2025 48.45 Mn
Mar 31, 2025 48.16 Mn
Dec 31, 2024 47.43 Mn
Sep 30, 2024 42.11 Mn
Jun 30, 2024 40.54 Mn
Mar 31, 2024 40.49 Mn
Dec 31, 2023 37.04 Mn
Sep 30, 2023 33.92 Mn
Jun 30, 2023 33.54 Mn
Mar 31, 2023 35.74 Mn
Dec 31, 2022 35.65 Mn
Sep 30, 2022 30.25 Mn
Jun 30, 2022 31.98 Mn
Mar 31, 2022 27.45 Mn
Dec 31, 2021 28.33 Mn
Sep 30, 2021 25.66 Mn