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

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

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.