What are Vertex, Inc.'s profit margins?

Gross margin is 64.3% and operating margin is -1.1%, with a -7.3% net margin.

Where does Vertex, Inc.'s income statement data come from?

Every line is extracted from Vertex, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Vertex, Inc. VERX Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Net interest income	$957K-22.6%	$1.24M-0.7%	$1.25M+1.4%	$1.23M-20.2%	$1.54M-7.6%
Total revenue	$196.65M+1.0%	$194.71M+1.4%	$192.11M+4.1%	$184.56M+4.2%	$177.06M-0.8%
Total cost of revenue	$71.78M+4.6%	$68.62M-3.1%	$70.8M+11.7%	$63.36M-1.1%	$64.07M+4.5%
Gross profit	$124.87M-1.0%	$126.09M+3.9%	$121.32M+0.1%	$121.2M+7.3%	$112.99M-3.5%
Gross margin	63.5%-1.3pp	64.8%+1.6pp	63.1%-2.5pp	65.7%+1.9pp	63.8%-1.8pp
Research and development	$24.55M+10.0%	$22.32M+12.0%	$19.93M-3.2%	$20.58M-1.5%	$20.89M+6.6%
Selling and marketing	$52.64M+0.3%	$52.49M+10.8%	$47.39M-2.2%	$48.45M+0.6%	$48.16M+1.5%
General and administrative	$54.34M+19.0%	$45.66M+2.3%	$44.61M+2.8%	$43.39M-3.6%	$45.03M+12.8%
Total operating expenses	$135.48M+5.3%	$128.7M+10.0%	$117M-6.5%	$125.06M+15.3%	$108.51M-16.7%
Operating income	-$10.61M—	——	$4.32M+212%	-$3.86M-186%	$4.49M+134%
Operating margin	-5.4%—	——	2.2%+4.3pp	-2.1%-4.6pp	2.5%+9.9pp
Other income (expense), net	-$1K—	——	——	$64K+814%	$7K-86.5%
Income before income taxes	-$9.65M—	——	$5.57M+311%	-$2.64M-144%	$6.03M—
Income tax expense	-$7.14M-227%	$5.63M+270%	$1.52M+191%	-$1.68M+67.2%	-$5.11M-109%
Net income	-$2.51M—	——	$4.05M+521%	-$961K-109%	$11.13M+116%
Net margin	-1.3%—	——	2.1%+2.6pp	-0.5%-6.8pp	6.3%+44.3pp
EBITDA	$16.45M—	——	$29.42M+50.4%	$19.56M-26.9%	$26.75M+227%
EBITDA margin	8.4%—	——	15.3%+4.7pp	10.6%-4.5pp	15.1%+10.5pp
EBIT	-$10.61M—	——	$4.32M+212%	-$3.86M-186%	$4.49M+134%

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Questions, answered.

What are Vertex, Inc.'s profit margins?: Gross margin is 64.3% and operating margin is -1.1%, with a -7.3% net margin.
Where does Vertex, Inc.'s income statement data come from?: Every line is extracted from Vertex, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.