Stocktoria
Vertex, Inc. VERX
Nasdaq · XNAS · stock · Services-Prepackaged Software · website · IPO 2020-07-29
Vertex, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $748.4M | $666.8M | $572.4M | $491.6M | $425.5M |
| Gross profit | $481.6M | $426.1M | $348.6M | $298.5M | $263.7M |
| R&D expense | $83.7M | $66.7M | $58.2M | $41.9M | $44.0M |
| Operating income | $2.3M | -$2.2M | -$17.5M | -$8.1M | -$2.9M |
| Income tax | $368,000 | $54.6M | -$8.6M | $2.2M | -$2.4M |
| Net income | $7.2M | -$52.7M | -$13.1M | -$12.3M | -$1.5M |
| Operating cash flow | $165.5M | $164.8M | $74.3M | $63.8M | $90.3M |
| Free cash flow | — | — | $25.1M | $18.3M | $58.6M |
| Cash & equivalents | $314.0M | $296.1M | $68.2M | $91.8M | $73.3M |
| Total assets | $1.3B | $1.2B | $759.9M | $719.2M | $670.2M |
| Total liabilities | $1.0B | $987.4M | $506.9M | $489.5M | $440.1M |
| Shareholders' equity | $258.9M | $179.4M | $253.0M | $229.7M | $230.1M |
Source: SEC EDGAR filings · CIK 0001806837 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.