Vertex, Inc.

VERX Technology Software Application

Vertex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.4 million, up 12.2% from fiscal 2024.

Revenue
+11.0%
EPS
+1,100.0%
Free cash flow
+76.8%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

17.58 1.66 +10.43%
Market cap
$2.9B
P/E
511×
Fwd P/E
71.3×
Dividend yield
—
F-score
6/9
Altman Z
2.41
Beneish M
−2.95
Dividend safety
n/a

Vertex, Inc. (VERX) Gross margin

Alert me on Gross margin

Vertex, Inc.'s gross margin over the twelve months to 30 September 2026 was 64.6%, up 0.3 percentage points from fiscal 2025 (64.4%). Over the past ten years it has ranged from 55.9% (fiscal 2020) to 65.7% (fiscal 2019); the current reading is higher than 75% of that period. That is in line with the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 64.4% 0.44
FY2024 63.9% 3.01
FY2023 60.9% 0.18
FY2022 60.7% (1.24)
FY2021 62.0% 6.10
FY2020 55.9% (9.81)
FY2019 65.7% 0.80
FY2018 64.9% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 65.7% 1.37
Jun 2026 64.4% 0.87
Mar 2026 63.5% (1.26)
Dec 2025 64.8% 1.61
26 more quarters

Against its own ten years

Low 55.9% High 65.7%
Ten-year median 62.9%
Current reading's percentile 96

Gross margin against peers

Company Gross margin
ASAN Asana, Inc. compare 87.6%
BULL Webull Corporation compare 77.5%
GRND Grindr Inc. compare 74.9%
SPSC SPS Commerce, Inc. compare 70.2%
VERX Vertex, Inc. 64.6%
NCNO nCino Inc. compare 62.2%
BLKB Blackbaud, Inc. compare 59.9%
PLUS ePlus inc. compare 25.1%
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare 15.1%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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