Vertex Quarterly Income Statement
NASDAQ: VERXTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Vertex revenue and earnings
In the quarter ended Jun 30, 2026, Vertex generated $204.0 million in revenue, up 10.5% from the same quarter a year earlier. Net income was $9.0 million, for a net margin of 4.4% versus a median of -0.5% in the prior 5 quarters. Gross margin was 64.4% (down from 65.7%) and operating margin -2.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Vertex income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 203.97M | 196.65M | 194.71M | 192.11M | 184.56M | 177.06M | 178.46M | 170.44M | 161.10M | 156.78M | 154.91M | 145.03M |
| Revenue growth (YoY) | +10.52% | +11.06% | +9.11% | +12.72% | +14.56% | +12.94% | +15.20% | +17.52% | +15.33% | +18.10% | +18.14% | +14.88% |
| Cost of Revenue | 72.67M | 71.78M | 68.62M | 70.80M | 63.36M | 64.07M | 61.34M | 59.91M | 58.42M | 60.99M | 61.31M | 56.87M |
| Gross Profit | 131.30M | 124.87M | 126.09M | 121.32M | 121.20M | 112.99M | 117.12M | 110.52M | 102.69M | 95.79M | 93.60M | 88.16M |
| Operating Expenses | 135.74M | 135.47M | 128.70M | 117.00M | 125.06M | 108.51M | 130.22M | 105.63M | 95.14M | 97.36M | 96.09M | 90.17M |
| Research & Development | 24.80M | 24.55M | 22.32M | 19.93M | 20.58M | 20.89M | 19.59M | 15.62M | 14.61M | 16.84M | 12.90M | 16.77M |
| Selling, General & Admin | 103.04M | 106.97M | 98.15M | 91.99M | 91.85M | 93.18M | 87.35M | 83.61M | 76.42M | 76.03M | 73.91M | 69.30M |
| Operating Income | -4.44M | -10.61M | -2.61M | 4.32M | -3.86M | 4.49M | -13.10M | 4.90M | 7.54M | -1.56M | -2.49M | -2.02M |
| Pretax Income | -4.10M | -9.65M | -1.38M | 5.57M | -2.64M | 6.03M | -11.44M | 7.83M | 7.36M | -1.85M | -6.51M | -2.62M |
| Income Tax | -13.14M | -7.14M | 5.63M | 1.52M | -1.68M | -5.11M | 56.36M | 613.00K | 2.20M | -4.54M | -21.85M | 784.00K |
| Net Income | 9.04M | -2.51M | -7.00M | 4.04M | -961.00K | 11.13M | -67.80M | 7.22M | 5.16M | 2.68M | 15.33M | -3.40M |
| Net Income growth (YoY) | — | -122.55% | — | -43.98% | -118.61% | +314.68% | -542.14% | — | — | — | — | — |
| EBITDA | 24.68M | 16.45M | 23.52M | 29.42M | 19.56M | 26.75M | 8.18M | 25.01M | 27.93M | 19.38M | 16.80M | 16.39M |
| Gross Margin | 64.37% | 63.50% | 64.76% | 63.15% | 65.67% | 63.82% | 65.63% | 64.85% | 63.74% | 61.10% | 60.42% | 60.79% |
| Operating Margin | -2.18% | -5.39% | -134.00% | 2.25% | -2.09% | 2.53% | -7.34% | 2.87% | 4.68% | -100.00% | -1.61% | -139.00% |
| Net Margin | 4.43% | -128.00% | -3.60% | 2.11% | -52.00% | 6.29% | -37.99% | 4.24% | 3.21% | 1.71% | 9.90% | -2.34% |
This table shows 12 quarterly periods of Vertex's income statement, from Q2 2026 back to Q3 2023, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VERX's reporting calendar. What is a income statement?