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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Net interest income	$4.67M-11.1%	$5.25M-7.6%	$5.68M-23.0%	$7.37M+23.6%	$5.96M+44.1%
Total revenue	$768.03M+2.6%	$748.44M+2.2%	$732.19M+3.1%	$710.51M+3.4%	$687.06M+3.0%
Total cost of revenue	$274.55M+2.9%	$266.84M+2.8%	$259.56M+4.4%	$248.67M+2.0%	$243.73M+1.3%
Gross profit	$493.48M+2.5%	$481.6M+1.9%	$472.63M+2.3%	$461.84M+4.2%	$443.33M+4.0%
Gross margin	64.3%-0.1pp	64.3%-0.2pp	64.6%-0.5pp	65%+0.5pp	64.5%+0.6pp
Research and development	$87.38M+4.4%	$83.72M+3.4%	$80.98M+5.6%	$76.68M+8.4%	$70.71M+6.1%
Selling and marketing	$200.97M+2.3%	$196.49M+2.6%	$191.43M+2.8%	$186.15M+4.4%	$178.24M+4.5%
General and administrative	$188M+5.2%	$178.69M+3.3%	$172.95M+1.8%	$169.84M+4.6%	$162.32M+6.2%
Total operating expenses	$506.24M+5.6%	$479.27M-0.3%	$480.79M+2.4%	$469.43M+6.8%	$439.5M+2.6%
Operating income	——	——	-$8.16M-7.6%	-$7.59M-298%	$3.82M+272%
Other income (expense), net	——	——	——	$123K+4.2%	$118K-45.6%
Income before income taxes	——	——	——	——	——
Income tax expense	-$1.67M-553%	$368K-99.3%	$51.1M+1.8%	$50.19M-7.2%	$54.07M-1.0%
Net income	——	——	-$53.58M-6.3%	-$50.41M-13.8%	-$44.28M+16.0%

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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.