What is Vertex, Inc.'s net income?

Vertex, Inc. (VERX) reported net income of -$2.51M in Q1 2026.

How has Vertex, Inc.'s net income changed year-over-year?

Vertex, Inc.'s net income decreased by 122.6% year-over-year, from $11.13M to -$2.51M.

What is the long-term trend for Vertex, Inc.'s net income?

Over 2 years (2021 to 2024), Vertex, Inc.'s net income has grown at a 497.1% compound annual growth rate (CAGR), from -$1.48M to -$52.73M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Vertex, Inc. VERX Net Income

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Segments

By segment

See full

Single Reportable-$2.51M-123%

Other financials

Income statement

See full

Revenue$196.6M+11.1%

Gross profit$124.9M+10.5%

Operating income-$10.6M-336%

Balance sheet

See full

Cash & equivalents$252.5M-6.6%

Total debt$350.1M-0.3%

Total equity$246.5M+23.0%

Total assets$1.2B+5.2%

Cash flow

See full

Operating cash flow$38.0M+157%

CapEx$22.0M—

Free cash flow$16.0M—

Valuation

See full

Market cap$1.77B-65.7%

Enterprise value$1.86B-64.4%

P/E151×—

P/S2.3×-5.2×

Profitability

See full

Gross margin64.3%-0.3pp

Operating margin-1.1%-2.4pp

Net margin-7.3%—

FCF margin20.1%+18.4pp

Returns & leverage

See full

Return on equity-20.5%—

Debt / equity1.4×-0.3×

Current ratio0.9×-0.1×

Where this comes from

Reported directly by Vertex, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Vertex, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex, Inc.'s net income?: Vertex, Inc. (VERX) reported net income of -$2.51M in Q1 2026.
How has Vertex, Inc.'s net income changed year-over-year?: Vertex, Inc.'s net income decreased by 122.6% year-over-year, from $11.13M to -$2.51M.
What is the long-term trend for Vertex, Inc.'s net income?: Over 2 years (2021 to 2024), Vertex, Inc.'s net income has grown at a 497.1% compound annual growth rate (CAGR), from -$1.48M to -$52.73M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.