Vertex, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $204.0M | $196.6M | $194.7M | $192.1M | $184.6M | $177.1M | $178.5M | $170.4M |
| Cost of Revenue | $72.7M | $71.8M | $68.6M | $70.8M | $63.4M | $64.1M | $61.3M | $59.9M |
| Gross Profit | $131.3M | $124.9M | $126.1M | $121.3M | $121.2M | $113.0M | $117.1M | $110.5M |
| Gross Margin | 64.4% | 63.5% | 64.8% | 63.1% | 65.7% | 63.8% | 65.6% | 64.8% |
| Operating Expenses | ||||||||
| Research & Development | $24.8M | $24.6M | $22.3M | $19.9M | $20.6M | $20.9M | $19.6M | $15.6M |
| SG&A Expense | $51.1M | $54.3M | $45.7M | $44.6M | $43.4M | $45.0M | $39.9M | $41.5M |
| Operating Income | $-4.4M | $-10.6M | $-2.6M | $4.3M | $-3.9M | $4.5M | $-13.1M | $4.9M |
| Operating Margin | -2.2% | -5.4% | -1.3% | 2.2% | -2.1% | 2.5% | -7.3% | 2.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-4.1M | $-9.6M | $-1.4M | $5.6M | $-2.6M | $6.0M | $-11.4M | $7.8M |
| Income Tax Expense | $-13.1M | $-7.1M | $5.6M | $1.5M | $-1.7M | $-5.1M | $56.4M | $613.0K |
| Net Income | $9.0M | $-2.5M | $-7.0M | $4.0M | $-961.0K | $11.1M | $-67.8M | $7.2M |
| Net Margin | 4.4% | -1.3% | -3.6% | 2.1% | -0.5% | 6.3% | -38.0% | 4.2% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |