# Vertex, Inc. (VERX) FY2026 Q2 P&L / Income Statement

- Company: Vertex, Inc. (VERX)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-04, accession number 0001104659-26-090420
- Page: https://plicit.ai/financials/verx/fy2026-q2-income-statement
- Chart image: https://plicit.ai/charts/verx-fy2026-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service (3 categories)

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 203,970,000 US dollars
- **Total cost of revenues**: 72,670,000 US dollars
- **Gross profit**: 131,300,000 US dollars
- **Total operating expenses**: 135,743,000 US dollars
- **Income (loss) from operations**: negative 4,443,000 US dollars
- **Other income (expense), net (calculated)**: 344,000 US dollars
- **Income (loss) before income taxes**: negative 4,099,000 US dollars
- **Income tax benefit**: negative 13,142,000 US dollars
- **Net income (loss)**: 9,043,000 US dollars
- **Services**: 29,217,000 US dollars
- **Software licenses**: 73,089,000 US dollars
- **Cloud subscriptions**: 101,664,000 US dollars
- **Other operating expense, net**: 1,277,000 US dollars
- **Change in fair value of acquisition contingent earn-outs**: negative 100,000 US dollars
- **Depreciation and amortization**: 6,720,000 US dollars
- **General and administrative**: 51,142,000 US dollars
- **Selling and marketing**: 51,899,000 US dollars
- **Research and development**: 24,805,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/verx/fy2026-q2-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/verx-fy2026-q2-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenues**: 203,970,000 US dollars
- **Total cost of revenues**: 72,670,000 US dollars
- **Gross profit**: 131,300,000 US dollars
- **Total operating expenses**: 135,743,000 US dollars
- **Income (loss) from operations**: negative 4,443,000 US dollars
- **Other income (expense), net (calculated)**: 344,000 US dollars
- **Income (loss) before income taxes**: negative 4,099,000 US dollars
- **Income tax benefit**: negative 13,142,000 US dollars
- **Net income (loss)**: 9,043,000 US dollars
- **Software subscriptions revenue**: 174,753,000 US dollars
- **Services revenue**: 29,217,000 US dollars
- **Software subscriptions cost of revenue**: 52,170,000 US dollars
- **Services cost of revenue**: 20,500,000 US dollars
- **Other operating expense, net**: 1,277,000 US dollars
- **Change in fair value of acquisition contingent earn-outs**: negative 100,000 US dollars
- **Depreciation and amortization**: 6,720,000 US dollars
- **General and administrative**: 51,142,000 US dollars
- **Selling and marketing**: 51,899,000 US dollars
- **Research and development**: 24,805,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.