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

Revenue by Product and Service (2 categories)

2026-01-01 to 2026-06-30

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Vertex, Inc. (VERX) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSoftware subscriptions revenueServices revenueTotal revenuesGross profitTotal cost of revenuesSoftware subscriptions cost of revenueServices cost of revenueIncome (loss) from operationsTotal operating expensesGeneral and administrativeSelling and marketingResearch and developmentDepreciation and amortizationChange in fair value of acquisition contingent earn-outsOther operating expense, netOther income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Income tax benefitOther income (expense), net (calculated)Other income,net (calculated)$1.30 MIncome (loss) from operationsIncome (loss)from operations−$15.05 MIncome (loss) before income taxesIncome (loss)before income taxes−$13.75 MTotal revenuesTotal revenues$400.62 MGross profitGross profit$256.17 MNet income (loss)Net income (loss)$6.53 MTotal operating expensesTotal operatingexpenses$271.22 MIncome tax benefitIncome tax benefit−$20.28 MSoftware subscriptions revenueSoftware subscriptions$341.90 MGeneral and administrativeGeneral and administrative$105.48 MSelling and marketingSelling and marketing$104.53 MTotal cost of revenuesTotal cost of revenues$144.45 MServices revenueServices$58.72 MResearch and developmentResearch and development$49.36 MDepreciation and amortizationDepreciation and amortization$13.16 MSoftware subscriptions cost of revenueSoftware subscriptions$103.35 MChange in fair value of acquisition contingent earn-outsChange in fair value ofacquisition contingent earn-outs−$5.84 MServices cost of revenueServices$41.10 MOther operating expense, netOther operating expense, net$4.52 M
Chart details

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

Income statement for 2026-01-01 through 2026-06-30. View: Product and service (2 categories). Revenue and costs use their disclosed 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
Software subscriptions revenue
341,899,000 US dollars
Services revenue
58,717,000 US dollars
Software subscriptions cost of revenue
103,346,000 US dollars
Services cost of revenue
41,101,000 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.
Vertex, Inc. (VERX) FY2026 YTD Q2 Revenue by Product and Service (2 categories) Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

63.9%

Gross profit / revenue

Operating margin

−3.8%

Operating profit / revenue

Cash conversion

1054.2%

Operating cash / net income, same period

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