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Vertex, Inc. VERX Business Segments — Net Income Loss

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Other financials

Income statement

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Revenue$196.6M+11.1%
Gross profit$124.9M+10.5%
Operating income-$10.6M-336%
Net income-$2.5M-123%

Balance sheet

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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

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Operating cash flow$38.0M+157%
CapEx$22.0M
Free cash flow$16.0M

Valuation

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Market cap$1.88B-56.3%
Enterprise value$1.97B-54.7%
P/E160.4×
P/S2.4×-3.6×

Profitability

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Gross margin64.3%-0.3pp
Operating margin-1.1%-2.4pp
Net margin-7.3%
FCF margin20.1%+18.4pp

Returns & leverage

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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 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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Interest income, net(957)(1,539)
Income (loss) before income taxes(9,649)6,025
Income tax benefit(7,139)(5,105)
Net income (loss)(2,510)11,130
Other comprehensive (income) loss:
Foreign currency translation adjustments, net of tax6,450(15,105)
Unrealized loss on investments, net of tax9
Total other comprehensive income (loss), net of tax6,450(15,096)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Vertex, Inc.'s business segments — net income loss?
Vertex, Inc. (VERX) reported business segments — net income loss of -$2.51M in Q1 2026.
How has Vertex, Inc.'s business segments — net income loss changed year-over-year?
Vertex, Inc.'s business segments — net income loss decreased by 122.6% year-over-year, from $11.13M to -$2.51M.
What is the long-term trend for Vertex, Inc.'s business segments — net income loss?
Over 2 years (2022 to 2024), Vertex, Inc.'s business segments — net income loss has grown at a 107.0% compound annual growth rate (CAGR), from -$12.3M to -$52.73M.
What does business segments — net income loss mean?
This metric represents the bottom-line financial result after all operating expenses, taxes, interest, and non-recurring items have been deducted from total revenue. It is the ultimate measure of the company's profitability and financial health for the period.

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