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

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

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

Total revenues

400,616,000 US dollars

Total cost of revenues

144,447,000 US dollars

Gross profit

256,169,000 US dollars

Total operating expenses

271,218,000 US dollars

Income (loss) from operations

negative 15,049,000 US dollars

Other income (expense), net (calculated)

1,301,000 US dollars

Income (loss) before income taxes

negative 13,748,000 US dollars

Income tax benefit

negative 20,281,000 US dollars

Net income (loss)

6,533,000 US dollars

Services

58,717,000 US dollars

Software licenses

143,465,000 US dollars

Cloud subscriptions

198,434,000 US dollars

Other operating expense, net

4,524,000 US dollars

Change in fair value of acquisition contingent earn-outs

negative 5,838,000 US dollars

Depreciation and amortization

13,162,000 US dollars

General and administrative

105,481,000 US dollars

Selling and marketing

104,534,000 US dollars

Research and development

49,355,000 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.