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Vertex, Inc. VERX Business Segments — Research And Development Expense
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Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
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 | For the three months ended March 31, 2026 | For the three months ended March 31, 2025 |
|---|---|---|
| Less: | ||
| Cost of revenues – software subscriptions | 51,176 | 44,245 |
| Cost of revenues – services | 20,601 | 19,823 |
| Research & development | 24,550 | 20,886 |
| Selling & marketing | 52,635 | 48,155 |
| General & administrative | 54,339 | 45,028 |
| Depreciation & amortization | 6,442 | 5,880 |
| Change in fair value of acquisition contingent earn-outs | (5,738) | (14,700) |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Vertex, Inc.'s business segments — research and development expense?
- Vertex, Inc. (VERX) reported business segments — research and development expense of $24.55M in Q1 2026.
- How has Vertex, Inc.'s business segments — research and development expense changed year-over-year?
- Vertex, Inc.'s business segments — research and development expense increased by 17.5% year-over-year, from $20.89M to $24.55M.
- What is the long-term trend for Vertex, Inc.'s business segments — research and development expense?
- Over 3 years (2022 to 2025), Vertex, Inc.'s business segments — research and development expense has grown at a 26.0% compound annual growth rate (CAGR), from $41.88M to $83.72M.
- What does business segments — research and development expense mean?
- This metric captures the costs associated with the discovery, design, and development of new software solutions and tax technology enhancements. It reflects the company's commitment to innovation and its long-term strategy to maintain a competitive edge in the tax compliance market.
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