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) Net margin

Alert me on Net margin

Vertex, Inc.'s net margin over the twelve months to 30 September 2026 was −5.83%, down 6.8 percentage points from fiscal 2025 (0.96%). Over the past ten years it has ranged from −20.0% (fiscal 2020) to 9.66% (fiscal 2019); the current reading is higher than 88% of that period. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 0.96% 8.87
FY2024 −7.91% (5.62)
FY2023 −2.29% 0.21
FY2022 −2.50% (2.15)
FY2021 −0.35% 19.69
FY2020 −20.0% (29.70)
FY2019 9.66% 11.90
FY2018 −2.24% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 −21.9% (26.30)
Jun 2026 4.43% 5.71
Mar 2026 −1.28% 2.32
Dec 2025 −3.60% (5.71)
26 more quarters

Against its own ten years

Low −20.0% High 9.66%
Ten-year median −2.27%
Current reading's percentile 44

Net margin against peers

Company Net margin
GRND Grindr Inc. compare 18.8%
BLKB Blackbaud, Inc. compare 12.9%
SPSC SPS Commerce, Inc. compare 10.7%
BULL Webull Corporation compare 6.26%
NCNO nCino Inc. compare 5.40%
PLUS ePlus inc. compare 4.91%
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare −5.60%
VERX Vertex, Inc. −5.83%
ASAN Asana, Inc. compare −18.6%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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