Vertex, Inc. VERX
Vertex, Inc. financials (annual)
Bars are annual figures from 2019 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $748.4M | $666.8M | $572.4M | $491.6M | $425.5M | $374.7M | $321.5M |
| Gross profit | $481.6M | $426.1M | $348.6M | $298.5M | $263.7M | $209.3M | $211.1M |
| R&D expense | $83.7M | $66.7M | $58.2M | $41.9M | $44.0M | $54.3M | $30.6M |
| Operating income | $2.3M | -$2.2M | -$17.5M | -$8.1M | -$2.9M | -$104.8M | $31.9M |
| Income tax | $368,000 | $54.6M | -$8.6M | $2.2M | -$2.4M | -$32.8M | -$155,000 |
| Net income | $7.2M | -$52.7M | -$13.1M | -$12.3M | -$1.5M | -$75.1M | $31.1M |
| Operating cash flow | $165.5M | $164.8M | $74.3M | $63.8M | $90.3M | $59.5M | $92.5M |
| Free cash flow | — | — | $25.1M | $18.3M | $58.6M | $38.6M | $72.2M |
| Cash & equivalents | $314.0M | $296.1M | $68.2M | $91.8M | $73.3M | $303.1M | $75.9M |
| Total assets | $1.3B | $1.2B | $759.9M | $719.2M | $670.2M | $558.8M | $264.6M |
| Total liabilities | $1.0B | $987.4M | $506.9M | $489.5M | $440.1M | $329.4M | $377.1M |
| Shareholders' equity | $258.9M | $179.4M | $253.0M | $229.7M | $230.1M | $229.3M | -$129.8M |
Growth · year-over-year · Revenue CAGR 15.1%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth | +12.2% | +16.5% | +16.4% | +15.5% | +13.6% | +16.5% | — |
| Net income growth | — | — | — | — | — | -341.8% | — |
| Free cash flow growth | — | — | +36.9% | -68.7% | +51.8% | -46.5% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.