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 operating margin

Operating margin is operating income as a percentage of revenue.

Vertex's operating margin for the twelve months ending Sep 30, 2026 was -2.1%. For fiscal 2025 it was 0.3%, against -0.3% the year before. The highest annual figure on record is 9.9% in fiscal 2019.

Annual operating margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	0.3%	+0.6
FY2024	Dec 31, 2024	-0.3%	+2.7
FY2023	Dec 31, 2023	-3.1%	−1.4
FY2022	Dec 31, 2022	-1.6%	−1.0
FY2021	Dec 31, 2021	-0.7%	+27.3
FY2020	Dec 31, 2020	-28.0%	−37.9
FY2019	Dec 31, 2019	9.9%	+10.9
FY2018	Dec 31, 2018	-1.0%	–

Quarterly operating margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	0.1%	−2.4
Q2 FY2026	Jun 30, 2026	-2.2%	+5.2
Q1 FY2026	Mar 31, 2026	-5.4%	−8.3
Q4 FY2025	Dec 31, 2025	-1.3%	−6.0
Q1 FY2025	Mar 31, 2025	2.5%	+3.5
Q4 FY2024	Dec 31, 2024	-7.3%	−5.7
Q3 FY2024	Sep 30, 2024	2.9%	+4.3
Q2 FY2024	Jun 30, 2024	4.7%	+7.6
Q1 FY2024	Mar 31, 2024	-1.0%	+5.7
Q4 FY2023	Dec 31, 2023	-1.6%	+1.0
Q3 FY2023	Sep 30, 2023	-1.4%	−1.4
Q2 FY2023	Jun 30, 2023	-2.9%	+0.3
Q1 FY2023	Mar 31, 2023	-6.7%	−5.3
Q4 FY2022	Dec 31, 2022	-2.6%	−4.8
Q4 FY2021	Dec 31, 2021	-0.0%	−2.5
Q3 FY2021	Sep 30, 2021	-3.3%	+49.6
Q2 FY2021	Jun 30, 2021	-1.4%	+30.4
Q1 FY2021	Mar 31, 2021	2.2%	+33.8
Q4 FY2020	Dec 31, 2020	2.5%	−2.3
Q3 FY2020	Sep 30, 2020	-52.9%	−67.8
Q2 FY2020	Jun 30, 2020	-31.8%	−41.5
Q1 FY2020	Mar 31, 2020	-31.6%	–
Q4 FY2019	Dec 31, 2019	4.8%	–
Q3 FY2019	Sep 30, 2019	15.0%	–
Q2 FY2019	Jun 30, 2019	9.8%	–