Vertex reported revenue of $203.97M and net income of $9.04M for the quarter ended Jun 2026, up 10.5% year over year. This income statement covers 31 quarters of results from Dec 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||||
| Revenue | 110.72M | 111.66M | 114.98M | 119.28M | 126.24M | 131.13M | 132.75M | 139.69M | 145.03M | 154.91M | 156.78M | 161.10M | 170.44M | 178.46M | 177.06M | 184.56M | 192.11M | 194.71M | 196.65M | 203.97M | |||||||||||
| Cost of RevenueCost of Rev | 43.94M | 43.64M | 44.87M | 48.13M | 50.66M | 49.48M | 51.75M | 53.88M | 56.87M | 61.31M | 60.99M | 58.42M | 59.91M | 61.34M | 64.07M | 63.36M | 70.80M | 68.62M | 71.78M | 72.67M | |||||||||||
| Gross Profit | 66.78M | 68.01M | 70.12M | 71.15M | 75.58M | 81.65M | 81.00M | 85.82M | 88.16M | 93.60M | 95.79M | 102.69M | 110.52M | 117.12M | 112.99M | 121.20M | 121.32M | 126.09M | 124.87M | 131.30M | |||||||||||
| Operating items | |||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 7.56M | 6.17M | 6.33M | 6.93M | 6.88M | -13.69M | 8.15M | 8.26M | 8.82M | -19.38M | 9.43M | 8.35M | 7.91M | -21.29M | 1.06M | 1.07M | 12.52M | -23.75M | 1.17M | 1.20M | |||||||||||
| Research & DevelopmentR&D | 25.66M | 28.33M | 27.45M | 31.98M | 30.25M | 35.65M | 35.74M | 33.54M | 33.92M | 37.04M | 40.49M | 40.54M | 42.11M | 47.43M | 48.16M | 48.45M | 47.38M | 52.49M | 52.63M | 51.90M | |||||||||||
| Selling, General & AdministrativeSG&A | 31.24M | 26.05M | 28.76M | 30.08M | 31.68M | 31.13M | 34.31M | 39.38M | 35.38M | 36.87M | 35.54M | 35.87M | 41.50M | 39.92M | 45.03M | 43.39M | 44.61M | 45.66M | 54.34M | 51.14M | |||||||||||
| Restructuring CostsRestructuring | 0.54M | -0.00M | 0.85M | -0.15M | 1.23M | 3.34M | 0.28M | 0.41M | 0.32M | 5.49M | -0.53M | -1.10M | 1.18M | 0.27M | 3.26M | 4.15M | 2.70M | 2.46M | 3.25M | 1.28M | |||||||||||
| Other Operating ExpensesOther Opex | 5.40M | 7.47M | 6.26M | 6.61M | 6.41M | 28.60M | 11.46M | 8.30M | 11.73M | 36.08M | 12.42M | 11.48M | 12.93M | 63.90M | 11.01M | 28.00M | 9.78M | 51.84M | 24.08M | 30.22M | |||||||||||
| Operating ExpensesOpex | 70.39M | 68.03M | 69.65M | 75.44M | 76.45M | 85.03M | 89.93M | 89.89M | 90.17M | 96.09M | 97.36M | 95.14M | 105.63M | 130.22M | 108.51M | 125.06M | 117.00M | 128.70M | 135.47M | 135.74M | |||||||||||
| Operating IncomeOp. Inc | -3.61M | -0.01M | 0.47M | -4.30M | -0.87M | -3.38M | -8.93M | -4.07M | -2.02M | -2.49M | -1.56M | 7.54M | 4.90M | -13.10M | 4.49M | -3.86M | 4.32M | -2.61M | -10.61M | -4.44M | |||||||||||
| EBIT | -3.61M | -0.01M | 0.47M | -4.30M | -0.87M | -3.38M | -8.93M | -4.07M | -2.02M | -2.49M | -1.56M | 7.54M | 4.90M | -13.10M | 4.49M | -3.86M | 4.32M | -2.61M | -10.61M | -4.44M | |||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | |||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 1.23M | 0.34M | |||||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.52M | 1.62M | 0.01M | ||||||||||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||
| EBT | -4.13M | -5.93M | 0.47M | -5.02M | -1.23M | -10.18M | -8.58M | -3.97M | -2.62M | -6.51M | -1.85M | 7.36M | 7.83M | -4.17M | 6.03M | -2.64M | 5.57M | 21.79M | -9.65M | -4.10M | |||||||||||
| Tax ProvisionsTaxes | -0.19M | 0.30M | 0.81M | 0.50M | -0.09M | 2.12M | 9.55M | 2.93M | 0.78M | -21.85M | -4.54M | 2.20M | 0.61M | 56.36M | -5.11M | -1.68M | 1.52M | 13.22M | -7.14M | -13.14M | |||||||||||
| Profit After TaxPAT | -9.65M | -4.96M | -0.33M | -5.52M | -11.84M | 8.96M | -18.13M | -6.90M | -8.70M | 16.89M | 2.68M | 5.16M | 16.20M | -93.57M | 11.13M | 29.73M | 4.33M | -7.61M | -2.51M | 9.04M | |||||||||||
| Income from Continuing OperationsIncome (Continuing) | -3.95M | -6.24M | -0.33M | -5.52M | -1.14M | -12.30M | -18.13M | -6.90M | -3.40M | 15.33M | 2.68M | 5.16M | 7.22M | -60.53M | 11.13M | -0.96M | 4.04M | 8.57M | -2.51M | 9.04M | |||||||||||
| Consolidated Net IncomeConsol Net Inc. | -3.95M | -6.24M | -0.33M | -5.52M | -1.14M | -12.30M | -18.13M | -6.90M | -3.40M | 15.33M | 2.68M | 5.16M | 7.22M | -60.53M | 11.13M | -0.96M | 4.04M | 8.57M | -2.51M | 9.04M | |||||||||||
| Income towards Parent CompanyParent Net Inc | -3.95M | -6.24M | -0.33M | -5.52M | -1.14M | -12.30M | -18.13M | -6.90M | -3.40M | 15.33M | 2.68M | 5.16M | 7.22M | -60.53M | 11.13M | -0.96M | 4.04M | 8.57M | -2.51M | 9.04M | |||||||||||
| Net Income towards Common StockholdersNet Income | -2.88M | -0.47M | -0.24M | -3.92M | -0.77M | -3.63M | -12.06M | -4.45M | -2.17M | 10.10M | 1.61M | 3.03M | 4.18M | -39.63M | 6.10M | -0.52M | 2.08M | -3.77M | -1.29M | 4.61M | |||||||||||
| Additional items | |||||||||||||||||||||||||||||||
| EPS (Basic) | -0.03 | 0.00 | 0.00 | -0.04 | -0.01 | -0.03 | -0.12 | -0.05 | -0.02 | 0.07 | 0.02 | 0.02 | 0.03 | -0.26 | 0.04 | 0.00 | 0.01 | -0.02 | -0.01 | 0.03 | |||||||||||
| EPS (Diluted) | -0.03 | 0.00 | 0.00 | -0.04 | -0.01 | -0.02 | -0.08 | -0.03 | -0.02 | 0.07 | 0.01 | 0.02 | 0.03 | -0.26 | 0.04 | 0.00 | 0.01 | -0.02 | -0.01 | 0.03 | |||||||||||
| Shares Outstanding | 108.02M | 112.13M | 149.16M | 106.20M | 101.31M | 103.78M | 100.22M | 97.72M | 97.14M | 151.86M | 92.66M | 155.13M | 155.63M | 155.31M | 157.77M | 158.92M | 159.45M | 158.93M | 160.40M | 161.34M | |||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 108.02M | 112.13M | 149.16M | 106.20M | 149.79M | 149.65M | 150.68M | 151.48M | 97.14M | 151.86M | 160.58M | 161.44M | 162.14M | 155.31M | 162.72M | 158.92M | 162.17M | 162.42M | 160.40M | 161.39M | |||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 148.59M | 149.09M | 149.16M | 149.62M | 149.98M | 150.32M | 151.30M | 151.77M | 152.66M | 151.86M | 152.48M | 155.13M | 155.63M | 155.31M | 157.77M | 158.92M | 159.45M | 158.93M | 160.40M | 161.34M | |||||||||||
| EBITDA | 3.95M | 6.16M | 6.80M | 2.63M | 6.01M | -17.08M | -0.78M | 4.19M | 6.80M | -21.87M | 7.87M | 15.89M | 12.80M | -34.40M | 5.54M | -2.80M | 16.84M | -26.36M | -9.44M | -3.24M | |||||||||||
| Interest ExpensesInt Expense | |||||||||||||||||||||||||||||||
| Tax Rate | 4.52% | -5.05% | 170.46% | -9.96% | 7.39% | -20.87% | -111.35% | -73.83% | -29.98% | 335.44% | 245.00% | 29.88% | 7.82% | -1,350.59% | -84.73% | 63.54% | 27.31% | 60.66% | 73.99% | 320.61% |