VERX
Income statement / Annual
Last year (2024), Vertex, Inc.'s total revenue was $666.78 M,
an increase of 16.49% from the previous year.
In 2024, Vertex, Inc.'s net income was -$52.73 M.
See Vertex, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$666.78 M |
$572.39 M |
$491.62 M |
$425.55 M |
$374.67 M |
$321.50 M |
$272.40 M |
| Cost of Revenue |
$240.65 M
|
$223.81 M
|
$193.13 M
|
$161.89 M
|
$165.39 M
|
$110.38 M
|
$95.70 M
|
| Gross Profit |
$426.13 M
|
$348.58 M
|
$298.49 M
|
$263.66 M
|
$209.28 M
|
$211.12 M
|
$176.71 M
|
| Gross Profit Ratio |
0.64
|
0.61
|
0.61
|
0.62
|
0.56
|
0.66
|
0.65
|
| Research and Development Expenses |
$66.67 M
|
$58.21 M
|
$41.88 M
|
$44.02 M
|
$54.34 M
|
$30.56 M
|
$23.76 M
|
| General & Administrative Expenses |
$152.84 M
|
$145.94 M
|
$121.65 M
|
$107.01 M
|
$149.06 M
|
$71.01 M
|
$58.95 M
|
| Selling & Marketing Expenses |
$170.57 M
|
$140.24 M
|
$125.34 M
|
$99.01 M
|
$99.42 M
|
$68.13 M
|
$56.90 M
|
| Selling, General & Administrative Expenses |
$323.41 M
|
$286.17 M
|
$246.99 M
|
$206.01 M
|
$248.48 M
|
$139.14 M
|
$115.85 M
|
| Other Expenses |
$38.28 M
|
$21.70 M
|
$17.71 M
|
$16.57 M
|
$11.22 M
|
$9.57 M
|
$7.25 M
|
| Operating Expenses |
$428.35 M
|
$366.09 M
|
$306.57 M
|
$266.60 M
|
$314.04 M
|
$179.27 M
|
$146.85 M
|
| Cost And Expenses |
$669.00 M
|
$579.81 M
|
$499.71 M
|
$428.49 M
|
$479.42 M
|
$289.65 M
|
$242.54 M
|
| Interest Income |
$4.14 M
|
$0.00
|
$1.68 M
|
$984,000.00
|
$1.72 M
|
$1.08 M
|
$526,000.00
|
| Interest Expense |
$0.00
|
$4.16 M
|
$2.05 M
|
$984,000.00
|
$3.11 M
|
$2.04 M
|
$1.59 M
|
| Depreciation & Amortization |
$86.74 M
|
$74.46 M
|
$76.28 M
|
$56.73 M
|
$32.22 M
|
$25.19 M
|
$24.90 M
|
| EBITDA |
$102.01 M |
$56.95 M |
$53.07 M |
$41.84 M |
-$72.54 M |
$58.13 M |
$22.07 M |
| EBITDA Ratio |
0.15
|
0.1
|
0.11
|
0.1
|
-0.19
|
0.18
|
0.2
|
| Operating Income Ratio |
-0
|
-0.01
|
-0.02
|
-0.01
|
-0.28
|
0.1
|
-0.01
|
| Total Other Income/Expenses Net |
$4.14 M
|
-$14.25 M
|
-$2.05 M
|
-$984,000.00
|
-$3.11 M
|
-$953,000.00
|
-$34.41 M
|
| Income Before Tax |
$1.91 M
|
-$21.67 M
|
-$10.13 M
|
-$3.93 M
|
-$107.87 M
|
$30.90 M
|
-$4.43 M
|
| Income Before Tax Ratio |
0
|
-0.04
|
-0.02
|
-0.01
|
-0.29
|
0.1
|
-0.02
|
| Income Tax Expense |
$54.64 M
|
-$8.58 M
|
$2.17 M
|
-$2.45 M
|
-$28.93 M
|
$7.83 M
|
$1.68 M
|
| Net Income |
-$52.73 M
|
-$13.09 M
|
-$12.30 M
|
-$1.48 M
|
-$78.94 M
|
$23.08 M
|
-$6.11 M
|
| Net Income Ratio |
-0.08
|
-0.02
|
-0.03
|
-0
|
-0.21
|
0.07
|
-0.02
|
| EPS |
-0.34 |
-0.0862 |
-0.0822 |
-0.01 |
-0.54 |
0.21 |
-29.08 |
| EPS Diluted |
-0.34 |
-0.0862 |
-0.0822 |
-0.01 |
-0.54 |
0.21 |
-29.08 |
| Weighted Average Shares Out |
$155.31 M
|
$151.86 M
|
$149.65 M
|
$147.78 M
|
$146.44 M
|
$146.17 M
|
$210,000.00
|
| Weighted Average Shares Out Diluted |
$155.31 M
|
$151.86 M
|
$149.65 M
|
$147.78 M
|
$146.44 M
|
$146.17 M
|
$210,000.00
|
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