VERXVertex, Inc.

$12.95-49% 1Y

The financials

Vertex, Inc. by the numbers

Vertex, Inc. (VERX) reported revenue of $204M in Q2 2026 (quarter ended Jun 30, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 64% and net income of $9.0M (4.4% of revenue). For the full year FY2025, revenue was $748M (+12% year on year) and net income $7.2M. Its largest product in Q2 2026 was License And Service at $175M, 86% of the disclosed total, well ahead of Service Other at 14%. The next results filing is expected around Nov 2, 2026, the same week as a year ago.

Vertex, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$204M$185M+11%
Gross profit$131M$121M+8.3%
Operating income−$4.4M−$3.9Mn/a
Net income$9.0M−$961Kto a profit
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
License And Service$175M86%
Service Other$29M14%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $204.0M (+3.7%)
License And Service grew +11% year on yearService Other +9.4% year on year
  • License And Service$174.8Mquarter on quarter +4.6%year on year +11%
  • Service Other$29.2Mquarter on quarter -0.96%year on year +9.4%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Aug 4, 2026, SEC EDGAR