Vertex, Inc. Financial Summary

Quick Answer

Vertex, Inc. reported Total Revenue of $748.44 million for fiscal year 2025.

Vertex, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $748.44M
+12.2%
$666.78M
+16.5%
$572.39M
+16.4%
$491.62M
+15.5%
$425.55M
+13.6%
$374.67M
+16.5%
Revenue (ASC 606) $748.44M
+12.2%
$666.78M
+16.5%
$572.39M
+16.4%
$491.62M
+15.5%
$425.55M
+13.6%
$374.67M
+16.5%
Net Income $7.21M
+113.7%
-$52.73M
-302.7%
-$13.09M
-6.4%
-$12.30M
-731.9%
-$1.48M
+98.0%
-$75.08M
-341.8%
Total Assets $1.27B
+8.9%
$1.17B
+53.5%
$759.93M
+5.7%
$719.19M
+27.9%
$562.19M
+8.4%
$518.79M
+96.0%
Cash and Equivalents $314.01M
+6.1%
$296.05M
+334.3%
$68.17M
-25.7%
$91.80M
+25.2%
$73.33M
-75.8%
$303.05M
+299.3%
Long-Term Debt $337.48M
+0.7%
$335.22M
+660.8%
$44.06M
-5.7%
$46.71M $225.0K
-67.0%
Stockholders Equity $258.92M
+44.4%
$179.35M
-29.1%
$252.98M
+10.1%
$229.72M
-0.3%
$230.43M
+3.6%
$222.42M
+271.4%
R&D Expense $83.72M
+25.6%
$66.67M
+14.5%
$58.21M
+39.0%
$41.88M
-4.9%
$44.02M
-19.0%
$54.34M
+77.8%
Operating Income $2.33M
+204.6%
-$2.23M
+87.3%
-$17.51M
-116.7%
-$8.08M
-174.7%
-$2.94M
+97.2%
-$104.76M
-428.9%
Gross Profit $481.60M
+13.0%
$426.12M
+22.2%
$348.58M
+16.8%
$298.49M
+13.2%
$263.66M
+26.0%
$209.28M
-0.9%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $192.11M +12.7% +4.1%
Revenue (ASC 606) September 30, 2025 $192.11M +12.7% +4.1%
Net Income September 30, 2025 $4.04M -44.0% +520.9%
Total Assets September 30, 2025 $1.22B +2.6% +2.0%
Cash and Equivalents September 30, 2025 $313.51M +12.4% +10.2%
Long-Term Debt September 30, 2025 $336.91M +0.7% +0.2%
Stockholders Equity September 30, 2025 $264.47M +2.1% +6.6%
R&D Expense September 30, 2025 $19.93M +27.6% -3.2%
Operating Income September 30, 2025 $4.32M -11.8% +211.8%
Gross Profit September 30, 2025 $121.32M +9.8% +0.1%
  • Vertex, Inc. reported Total Revenue of $748.44 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +12.2% in Total Revenue compared to the prior fiscal year.
  • Vertex, Inc. reported Revenue (ASC 606) of $748.44 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +12.2% in Revenue (ASC 606) compared to the prior fiscal year.
  • Vertex, Inc. reported Net Income of $7.21 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +113.7% in Net Income compared to the prior fiscal year.
  • Vertex, Inc. reported Total Assets of $1.27 billion for fiscal year 2025.
  • Vertex, Inc. showed an increase of +8.9% in Total Assets compared to the prior fiscal year.
  • Vertex, Inc. reported Cash and Equivalents of $314.01 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +6.1% in Cash and Equivalents compared to the prior fiscal year.
  • Vertex, Inc. reported Long-Term Debt of $337.48 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +0.7% in Long-Term Debt compared to the prior fiscal year.
  • Vertex, Inc. reported Stockholders Equity of $258.92 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +44.4% in Stockholders Equity compared to the prior fiscal year.
  • Vertex, Inc. reported R&D Expense of $83.72 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +25.6% in R&D Expense compared to the prior fiscal year.
  • Vertex, Inc. reported Operating Income of $2.33 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +204.6% in Operating Income compared to the prior fiscal year.
  • Vertex, Inc. reported Gross Profit of $481.60 million for fiscal year 2025.
  • Vertex, Inc. showed an increase of +13.0% in Gross Profit compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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