For the quarter ending 2025-09-30, VERX made $192,112K in revenue. $4,331K in net income. Net profit margin of 2.25%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 192,112 | 184,559 | 177,062 | 178,456 |
| License And Service | 50,034 | - | - | - |
| Service Other | 20,762 | - | - | - |
| Total cost of revenues | 70,796 | 63,359 | 64,068 | 61,335 |
| Gross profit | 121,316 | 121,200 | 112,994 | 117,121 |
| Research and development | 19,929 | 20,582 | 20,886 | 19,586 |
| Selling and marketing | 47,385 | 48,454 | 48,155 | 47,431 |
| General and administrative | 44,609 | 43,392 | 45,028 | 39,920 |
| Depreciation and amortization | 6,372 | 6,187 | 5,880 | 5,521 |
| Change in fair value of acquisition contingent earn-outs | -4,000 | 2,300 | -14,700 | 17,500 |
| Other operating expense (income), net | 2,701 | 4,149 | 3,259 | 267 |
| Total operating expenses | 116,996 | 125,064 | 108,508 | 130,225 |
| Income from operations | 4,320 | -3,864 | 4,486 | -13,104 |
| Interest income, net | 1,245 | 1,228 | 1,539 | 1,666 |
| Income before income taxes | 5,565 | -2,636 | 6,025 | -11,438 |
| Income tax expense (benefit) | 1,520 | -1,675 | -5,105 | 56,360 |
| Net income | 4,045 | -961 | 11,130 | -67,798 |
| Foreign currency translation adjustments, net of tax | 286 | 29,734 | 15,105 | -25,759 |
| Unrealized loss on investments, net of tax | - | - | -9 | -13 |
| Total other comprehensive income, net of tax | 286 | 29,734 | 15,096 | -25,772 |
| Total comprehensive income | 4,331 | 28,773 | 26,226 | -93,570 |
| Earnings per share, basic | 0.03 | - | - | - |
| Earnings per share, diluted | 0.02 | - | - | - |
| Weighted average number of shares outstanding, basic | 77,290,000 | - | - | - |
| Weighted average number of shares outstanding, diluted | 80,015,000 | - | - | - |
Vertex, Inc. (VERX)
Vertex, Inc. (VERX)