For the quarter ending 2026-03-31, VERX made $196,646K in revenue. -$8,960K in net income. Net profit margin of -4.56%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 196,646 | 194,711 | 192,112 | 184,559 |
| License And Service | 51,176 | 51,879* | 50,034 | - |
| Service Other | 20,601 | 16,741* | 20,762 | - |
| Total cost of revenues | 71,777 | 68,620 | 70,796 | 63,359 |
| Gross profit | 124,869 | 126,091 | 121,316 | 121,200 |
| Research and development | 24,550 | 22,318 | 19,929 | 20,582 |
| Selling and marketing | 52,635 | 52,494 | 47,385 | 48,454 |
| General and administrative | 54,339 | 45,656 | 44,609 | 43,392 |
| Depreciation and amortization | 6,442 | 6,373 | 6,372 | 6,187 |
| Change in fair value of acquisition contingent earn-outs | -5,738 | -600 | -4,000 | 2,300 |
| Other operating expense, net | 3,247 | 2,461 | 2,701 | 4,149 |
| Total operating expenses | 135,475 | 128,702 | 116,996 | 125,064 |
| Income (gain) from operations | -10,606 | -2,611 | 4,320 | -3,864 |
| Interest income, net | 957 | 1,236 | 1,245 | 1,228 |
| Income (gain) before income taxes | -9,649 | -1,375 | 5,565 | -2,636 |
| Income tax benefit | -7,139 | 5,628 | 1,520 | -1,675 |
| Net income (gain) | -2,510 | -7,003 | 4,045 | -961 |
| Foreign currency translation adjustments, net of tax | -6,450 | -605 | 286 | 29,734 |
| Unrealized gain (loss) on investments, net of tax | - | 0 | - | - |
| Total other comprehensive income (gain), net of tax | -6,450 | -605 | 286 | 29,734 |
| Total comprehensive income (gain) | -8,960 | -7,608 | 4,331 | 28,773 |
| Basic EPS | -0.02 | -0.105 | 0.03 | - |
| Diluted EPS | -0.02 | -0.099 | 0.02 | - |
| Basic Average Shares | 78,241,000 | 72,578,000 | 77,290,000 | - |
| Diluted Average Shares | 78,241,000 | 76,835,000 | 80,015,000 | - |
Vertex, Inc. (VERX)
Vertex, Inc. (VERX)