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 r&d expenses

Research and development expenses are spending on new products and technology.

Vertex's R&D Expenses for the twelve months ending Sep 30, 2026 was $96.35M. For fiscal 2025 it was $83.72M, up 25.6% from the year before. The highest annual figure on record is $83.72M in fiscal 2025.

Annual r&d expenses

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$83.72M	+25.6%
FY2024	Dec 31, 2024	$66.67M	+14.5%
FY2023	Dec 31, 2023	$58.21M	+39.0%
FY2022	Dec 31, 2022	$41.88M	-4.9%
FY2021	Dec 31, 2021	$44.02M	-19.0%
FY2020	Dec 31, 2020	$54.34M	+77.8%
FY2019	Dec 31, 2019	$30.56M	+28.6%
FY2018	Dec 31, 2018	$23.76M	–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q3 FY2026	Sep 30, 2026	$24.68M	+18.2%
Q2 FY2026	Jun 30, 2026	$24.81M	+26.6%
Q1 FY2026	Mar 31, 2026	$24.55M	+57.2%
Q4 FY2025	Dec 31, 2025	$22.32M	+52.7%
Q1 FY2025	Mar 31, 2025	$20.89M	+24.0%
Q4 FY2024	Dec 31, 2024	$19.59M	+51.9%
Q3 FY2024	Sep 30, 2024	$15.62M	-6.9%
Q2 FY2024	Jun 30, 2024	$14.61M	+15.3%
Q1 FY2024	Mar 31, 2024	$16.85M	+6.2%
Q4 FY2023	Dec 31, 2023	$12.90M	+11.4%
Q3 FY2023	Sep 30, 2023	$16.77M	+56.0%
Q2 FY2023	Jun 30, 2023	$12.68M	+28.4%
Q1 FY2023	Mar 31, 2023	$15.86M	+33.0%
Q4 FY2022	Dec 31, 2022	$11.58M	+1.1%
Q4 FY2021	Dec 31, 2021	$10.75M	-3.5%
Q3 FY2021	Sep 30, 2021	$9.88M	-40.1%
Q2 FY2021	Jun 30, 2021	$11.93M	-12.4%
Q1 FY2021	Mar 31, 2021	$11.46M	-12.4%
Q4 FY2020	Dec 31, 2020	$11.14M	+31.0%
Q3 FY2020	Sep 30, 2020	$16.50M	+126.9%
Q2 FY2020	Jun 30, 2020	$13.62M	+89.0%
Q1 FY2020	Mar 31, 2020	$13.08M	–
Q4 FY2019	Dec 31, 2019	$8.51M	–
Q3 FY2019	Sep 30, 2019	$7.27M	–
Q2 FY2019	Jun 30, 2019	$7.21M	–