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Vertex, Inc. VERX Service Other — Cost of Goods Sold
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Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Vertex, Inc.’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:36 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-057207
| Line item | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Total revenues | 196,646 | 177,062 |
| Cost of revenues: | ||
| Software subscriptions | 51,176 | 44,245 |
| Services | 20,601 | 19,823 |
| Total cost of revenues | 71,777 | 64,068 |
| Gross profit | 124,869 | 112,994 |
| Operating expenses: | ||
| Research and development | 24,550 | 20,886 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Vertex, Inc.'s service other — cost of goods sold?
- Vertex, Inc. (VERX) reported service other — cost of goods sold of $20.6M in Q1 2026.
- How has Vertex, Inc.'s service other — cost of goods sold changed year-over-year?
- Vertex, Inc.'s service other — cost of goods sold increased by 3.9% year-over-year, from $19.82M to $20.6M.
- What is the long-term trend for Vertex, Inc.'s service other — cost of goods sold?
- Over 4 years (2021 to 2025), Vertex, Inc.'s service other — cost of goods sold has grown at a 14.7% compound annual growth rate (CAGR), from $45.7M to $79.03M.
- What does service other — cost of goods sold mean?
- This metric captures the direct costs associated with delivering services within the Service Other segment, including labor, infrastructure, and third-party service costs. It is a key indicator of the segment's operational efficiency and direct cost management. Monitoring this helps investors understand the gross margin profile and the scalability of the service delivery model.
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