Vertex, Inc. (VERX) stock

VERXNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 2/30130% above fair value

$17.97+0.22 (+1.27%)

Close on Nov 13, 2026Market cap $2.92BP/E –Yield –

Vertex gross margin

Gross margin is gross profit as a percentage of revenue.

Vertex's gross margin for the twelve months ending Sep 30, 2026 was 64.6%. For fiscal 2025 it was 64.3%, against 63.9% the year before. The highest annual figure on record is 65.7% in fiscal 2019.

Annual gross margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	64.3%	+0.4
FY2024	Dec 31, 2024	63.9%	+3.0
FY2023	Dec 31, 2023	60.9%	+0.2
FY2022	Dec 31, 2022	60.7%	−1.2
FY2021	Dec 31, 2021	62.0%	+6.1
FY2020	Dec 31, 2020	55.9%	−9.8
FY2019	Dec 31, 2019	65.7%	+0.8
FY2018	Dec 31, 2018	64.9%	–

Quarterly gross margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	65.7%	+1.9
Q2 FY2026	Jun 30, 2026	64.4%	−1.3
Q1 FY2026	Mar 31, 2026	63.5%	−1.3
Q4 FY2025	Dec 31, 2025	64.8%	+1.0
Q1 FY2025	Mar 31, 2025	63.8%	+2.7
Q4 FY2024	Dec 31, 2024	65.6%	+5.2
Q3 FY2024	Sep 30, 2024	64.8%	+4.1
Q2 FY2024	Jun 30, 2024	63.7%	+2.3
Q1 FY2024	Mar 31, 2024	61.1%	+0.1
Q4 FY2023	Dec 31, 2023	60.4%	−1.8
Q3 FY2023	Sep 30, 2023	60.8%	−0.1
Q2 FY2023	Jun 30, 2023	61.4%	+1.1
Q1 FY2023	Mar 31, 2023	61.0%	−3.4
Q4 FY2022	Dec 31, 2022	62.3%	−0.1
Q4 FY2021	Dec 31, 2021	60.9%	−2.7
Q3 FY2021	Sep 30, 2021	60.3%	+11.0
Q2 FY2021	Jun 30, 2021	64.4%	+10.1
Q1 FY2021	Mar 31, 2021	62.4%	+6.6
Q4 FY2020	Dec 31, 2020	63.6%	−1.2
Q3 FY2020	Sep 30, 2020	49.3%	−17.4
Q2 FY2020	Jun 30, 2020	54.3%	−11.1
Q1 FY2020	Mar 31, 2020	55.8%	–
Q4 FY2019	Dec 31, 2019	64.8%	–
Q3 FY2019	Sep 30, 2019	66.7%	–
Q2 FY2019	Jun 30, 2019	65.4%	–