Vertex Quarterly Income Statements Chart
Quarterly
|
Annual
Vertex Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | |||||||||||||||||||||
| revenues: | |||||||||||||||||||||
| software subscriptions | 157,844,000 | 150,761,000 | 103,631,750 | 146,254,000 | 136,443,000 | 131,830,000 | 87,533,750 | 121,285,000 | 117,836,000 | 111,014,000 | 110,886,000 | 106,368,000 | 101,088,000 | 97,131,000 | 93,255,000 | 92,276,000 | 89,604,000 | 83,280,000 | 83,919,000 | 79,778,000 | 77,306,000 |
| services | 26,715,000 | 26,301,000 | 18,448,250 | 24,181,000 | 24,661,000 | 24,951,000 | 16,834,500 | 23,742,000 | 21,859,000 | 21,737,000 | 20,240,000 | 19,870,000 | 18,188,000 | 17,853,000 | 18,401,000 | 18,442,000 | 15,334,000 | 14,956,000 | 15,625,000 | 14,827,000 | 13,965,000 |
| total revenues | 184,559,000 | 177,062,000 | 122,080,000 | 170,435,000 | 161,104,000 | 156,781,000 | 154,914,000 | 145,027,000 | 139,695,000 | 132,751,000 | 131,126,000 | 126,238,000 | 119,276,000 | 114,984,000 | 111,656,000 | 110,718,000 | 104,938,000 | 98,236,000 | 99,544,000 | 94,605,000 | 91,271,000 |
| cost of revenues: | |||||||||||||||||||||
| total cost of revenues | 63,359,000 | 64,068,000 | 44,829,000 | 59,911,000 | 58,416,000 | 60,989,000 | 40,624,250 | 56,871,000 | 53,879,000 | 51,747,000 | 49,479,000 | 50,658,000 | 48,129,000 | 44,866,000 | 43,642,000 | 43,938,000 | 37,379,000 | 36,933,000 | 36,212,000 | 47,968,000 | 41,745,000 |
| gross profit | 121,200,000 | 112,994,000 | 77,251,000 | 110,524,000 | 102,688,000 | 95,792,000 | 63,744,000 | 88,156,000 | 85,816,000 | 81,004,000 | 81,647,000 | 75,580,000 | 71,147,000 | 70,118,000 | 68,014,000 | 66,780,000 | 67,559,000 | 61,303,000 | 63,332,000 | 46,637,000 | 49,526,000 |
| yoy | 18.03% | 17.96% | 21.19% | 25.37% | 19.66% | 18.26% | -21.93% | 16.64% | 20.62% | 15.53% | 20.04% | 13.18% | 5.31% | 14.38% | 7.39% | 43.19% | 36.41% | ||||
| qoq | 7.26% | 46.27% | -30.10% | 7.63% | 7.20% | 50.28% | -27.69% | 2.73% | 5.94% | -0.79% | 8.03% | 6.23% | 1.47% | 3.09% | 1.85% | -1.15% | 10.21% | -3.20% | 35.80% | -5.83% | |
| gross margin % | |||||||||||||||||||||
| operating expenses: | |||||||||||||||||||||
| research and development | 20,582,000 | 20,886,000 | 11,770,000 | 15,621,000 | 14,614,000 | 16,845,000 | 11,328,500 | 16,772,000 | 12,680,000 | 15,862,000 | 11,583,000 | 10,351,000 | 10,310,000 | 9,633,000 | 10,754,000 | 9,879,000 | 11,926,000 | 11,459,000 | 11,143,000 | 16,501,000 | 13,617,000 |
| selling and marketing | 48,454,000 | 48,155,000 | 30,785,750 | 42,111,000 | 40,541,000 | 40,491,000 | 25,799,000 | 33,919,000 | 33,541,000 | 35,736,000 | 35,652,000 | 30,252,000 | 31,979,000 | 27,452,000 | 28,332,000 | 25,658,000 | 24,865,000 | 20,150,000 | 21,118,000 | 29,423,000 | 24,544,000 |
| general and administrative | 43,392,000 | 45,028,000 | 28,228,750 | 41,499,000 | 35,874,000 | 35,542,000 | 27,267,750 | 35,385,000 | 39,376,000 | 34,310,000 | 31,131,000 | 31,679,000 | 30,084,000 | 28,757,000 | 26,055,000 | 31,237,000 | 24,865,000 | 24,852,000 | 25,620,000 | 48,043,000 | 37,758,000 |
| depreciation and amortization | 6,187,000 | 5,880,000 | 3,858,000 | 5,214,000 | 5,212,000 | 5,006,000 | 2,850,250 | 3,782,000 | 3,878,000 | 3,741,000 | 3,320,000 | 2,936,000 | 3,224,000 | 2,960,000 | 2,891,000 | 3,082,000 | 2,878,000 | 2,827,000 | 2,909,000 | 2,735,000 | 2,505,000 |
| change in fair value of acquisition contingent earn-outs | 2,300,000 | -14,700,000 | |||||||||||||||||||
| other operating income | 4,149,000 | 3,259,000 | -110,500 | 1,183,000 | -1,098,000 | -527,000 | 413,000 | -154,000 | 848,000 | 1,223,000 | 538,000 | -129,000 | 49,000 | -60,000 | |||||||
| total operating expenses | 125,064,000 | 108,508,000 | 74,532,000 | 105,628,000 | 95,143,000 | 97,357,000 | 67,498,750 | 90,174,000 | 89,888,000 | 89,933,000 | 85,030,000 | 76,451,000 | 75,443,000 | 69,650,000 | 68,028,000 | 70,394,000 | 69,017,000 | 59,159,000 | 60,839,000 | 96,642,000 | 78,527,000 |
| income from operations | -3,864,000 | 4,486,000 | 2,719,000 | 4,896,000 | 7,545,000 | -1,565,000 | -3,754,750 | -2,018,000 | -4,072,000 | -8,929,000 | -3,383,000 | -871,000 | -4,296,000 | 468,000 | -14,000 | -3,614,000 | -1,458,000 | 2,144,000 | 2,493,000 | -50,005,000 | -29,001,000 |
| yoy | -151.21% | -386.65% | -172.41% | -342.62% | -285.29% | -82.47% | 10.99% | 131.69% | -5.21% | -2007.91% | 24064.29% | -75.90% | 194.65% | -78.17% | -100.56% | -92.77% | -94.97% | ||||
| qoq | -186.13% | 64.99% | -44.46% | -35.11% | -582.11% | -58.32% | 86.06% | -50.44% | -54.40% | 163.94% | 288.40% | -79.73% | -1017.95% | -3442.86% | -99.61% | 147.87% | -168.00% | -14.00% | -104.99% | 72.43% | |
| operating margin % | |||||||||||||||||||||
| interest income | -1,228,000 | -1,539,000 | -617,750 | -2,938,000 | 181,000 | 286,000 | -105,000 | 724,000 | -6,000 | -385,000 | -133,750 | -79,000 | -101,000 | ||||||||
| income before income taxes | -2,636,000 | 6,025,000 | 3,336,750 | 7,834,000 | 7,364,000 | -1,851,000 | -3,790,250 | -2,615,000 | -3,967,000 | -8,579,000 | -4,352,000 | -1,232,000 | -5,020,000 | 474,000 | -327,000 | -4,135,000 | -1,073,000 | 1,609,000 | 2,806,000 | -51,801,000 | -30,060,000 |
| income tax benefit | -1,675,000 | -5,105,000 | 3,316,500 | 784,000 | 957,000 | -91,000 | 500,000 | 808,000 | 300,000 | -187,000 | -1,881,000 | ||||||||||
| net income | -961,000 | 11,130,000 | 3,767,250 | 7,221,000 | 5,164,000 | 2,684,000 | -7,106,750 | -3,399,000 | -6,896,000 | -18,132,000 | -5,309,000 | -1,141,000 | -5,520,000 | -334,000 | -627,000 | -3,948,000 | 808,000 | 2,288,000 | 230,000 | -21,028,000 | -29,075,000 |
| yoy | -118.61% | 314.68% | -153.01% | -312.44% | -174.88% | -114.80% | 33.86% | 197.90% | 24.93% | 5328.74% | 746.73% | -71.10% | -783.17% | -114.60% | -372.61% | -81.23% | -102.78% | ||||
| qoq | -108.63% | 195.44% | -47.83% | 39.83% | 92.40% | -137.77% | 109.08% | -50.71% | -61.97% | 241.53% | 365.29% | -79.33% | 1552.69% | -46.73% | -84.12% | -588.61% | -64.69% | 894.78% | -101.09% | -27.68% | |
| net income margin % | |||||||||||||||||||||
| other comprehensive (income) loss: | |||||||||||||||||||||
| foreign currency translation adjustments, net of tax | -29,734,000 | -15,105,000 | -402,250 | -8,955,000 | 3,335,000 | 4,011,000 | |||||||||||||||
| unrealized gain on investments, net of tax | -13,000 | ||||||||||||||||||||
| total other comprehensive (income) loss, net of tax | -29,734,000 | -15,096,000 | -408,750 | -8,979,000 | 3,316,000 | 4,028,000 | 390,000 | 5,301,000 | -606,000 | -3,135,000 | |||||||||||
| total comprehensive income | 28,773,000 | 26,226,000 | 4,176,000 | 16,200,000 | 1,848,000 | -2,383,000 | 1,311,000 | 1,106,000 | -21,266,000 | -29,351,000 | |||||||||||
| net income per share | -0.01 | 0.07 | 0.025 | 0.05 | 0.03 | ||||||||||||||||
| unrealized loss on investments, net of tax | 9,000 | 10,000 | 28,000 | ||||||||||||||||||
| income tax (benefit) expense | -430,500 | 613,000 | 2,200,000 | -4,535,000 | -679,000 | 2,576,000 | -30,773,000 | -985,000 | |||||||||||||
| unrealized (gain) on investments, net of tax | -6,500 | -24,000 | |||||||||||||||||||
| unrealized (gain) loss on investments, net of tax | -19,000 | 17,000 | -5,000 | -10,000 | 3,000 | ||||||||||||||||
| total comprehensive loss | -1,344,000 | -7,496,750 | -8,700,000 | -6,290,000 | -14,997,000 | 8,958,000 | -11,839,000 | -17,295,000 | -2,723,000 | -9,652,000 | -2,551,000 | ||||||||||
| net income attributable to class a stockholders, basic | 1,071,000 | -2,490,000 | -1,228,000 | -2,447,000 | -6,072,000 | -1,679,000 | -369,000 | -1,598,000 | -95,000 | -4,233,000 | -2,751,000 | ||||||||||
| net income per class a share, basic | 20 | -47.5 | -20 | -50 | -120 | -30 | -10 | -40 | 0 | -30 | 10 | 20 | -200 | -150 | |||||||
| weighted-average class a common stock, basic | 61,560,000 | 54,931,000 | 53,762,000 | 50,456,000 | 45,864,000 | 48,488,000 | 43,286,000 | 42,349,000 | 35,647,000 | 40,141,000 | 34,726,000 | 26,458,000 | 11,096,000 | 18,124,000 | |||||||
| net income attributable to class a stockholders, diluted | 1,135,000 | -2,490,000 | -1,228,000 | -2,447,000 | -6,072,000 | -1,679,000 | -369,000 | -1,598,000 | -95,000 | -162,000 | -1,070,000 | 229,000 | 550,000 | -4,233,000 | -2,751,000 | ||||||
| net income per class a share, diluted | 20 | -47.5 | -20 | -50 | -120 | -30 | -10 | -40 | 0 | -30 | 10 | 10 | -200 | -150 | |||||||
| weighted-average class a common stock, diluted | 67,921,000 | 54,931,000 | 53,762,000 | 50,456,000 | 45,864,000 | 48,488,000 | 43,286,000 | 42,349,000 | 35,647,000 | 40,141,000 | 44,711,000 | 38,003,000 | 11,096,000 | ||||||||
| net income attributable to class b stockholders, basic | 1,613,000 | -4,616,750 | -2,171,000 | -4,449,000 | -12,060,000 | -3,630,000 | -772,000 | -3,922,000 | -239,000 | 4,463,000 | -18,277,000 | ||||||||||
| net income per class b share, basic | 20 | -47.5 | -20 | -50 | -120 | -30 | -10 | -40 | 0 | -30 | 10 | 20 | 40 | -150 | -240 | ||||||
| weighted-average class b common stock, basic | 92,661,000 | 97,145,000 | 97,718,000 | 100,221,000 | 103,781,000 | 101,307,000 | 106,203,000 | 106,807,000 | 112,133,000 | 108,017,000 | 112,804,000 | 120,117,000 | 120,415,000 | ||||||||
| net income attributable to class b stockholders, diluted | 1,549,000 | -4,616,750 | -2,171,000 | -4,449,000 | -12,060,000 | -3,630,000 | -772,000 | -3,922,000 | -239,000 | -465,000 | -2,878,000 | 579,000 | 1,738,000 | 4,463,000 | -18,277,000 | ||||||
| net income per class b share, diluted | 20 | -47.5 | -20 | -50 | -120 | -30 | -10 | -40 | 0 | -30 | 10 | 10 | 40 | -150 | -240 | ||||||
| weighted-average class b common stock, diluted | 92,661,000 | 97,145,000 | 97,718,000 | 100,221,000 | 103,781,000 | 101,307,000 | 106,203,000 | 106,807,000 | 112,133,000 | 108,017,000 | 112,804,000 | 120,117,000 | 120,415,000 | ||||||||
| other operating expense | 253,250 | 316,000 | |||||||||||||||||||
| interest expense | 35,500 | 597,000 | -350,000 | 969,000 | 361,000 | 313,000 | 521,000 | 535,000 | -848,000 | 1,875,000 | 1,160,000 | ||||||||||
| foreign currency translation adjustments and revaluations, net of tax | 395,000 | 5,311,000 | -609,000 | -3,122,000 | -14,277,000 | 10,670,000 | |||||||||||||||
| income tax expense | 2,929,000 | 9,553,000 | |||||||||||||||||||
| other operating expense | 284,000 | 3,344,000 | 1,233,000 | 4,483,000 | 103,000 | ||||||||||||||||
| other comprehensive loss: | |||||||||||||||||||||
| total other comprehensive loss, net of tax | -14,267,000 | 10,698,000 | |||||||||||||||||||
| other comprehensive loss, net of tax | 11,775,000 | ||||||||||||||||||||
| other comprehensive income from foreign currency translation adjustments and revaluations, net of tax | 2,049,000 | 2,510,000 | 5,704,000 | 3,359,000 | 977,000 | 878,000 | 238,000 | 276,000 | |||||||||||||
| net income attributable to class a stockholders | -48,750 | -1,070,000 | 190,000 | 413,000 | -35,000 | ||||||||||||||||
| net income attributable to class b stockholders | -164,250 | -2,878,000 | 618,000 | 1,875,000 | -29,040,000 | ||||||||||||||||
| other income: | |||||||||||||||||||||
| total other income | 856,000 | 1,796,000 | 1,059,000 | ||||||||||||||||||
| weighted-average common class a stock, diluted | 18,124,000 | ||||||||||||||||||||
| weighted-average common class b stock, basic | 120,417,000 | 120,402,000 | |||||||||||||||||||
| weighted-average common class b stock, diluted | 120,417,000 | 120,402,000 | |||||||||||||||||||
| pro forma benefit from income tax benefit | 494,000 | -13,106,000 | -7,605,000 | ||||||||||||||||||
| pro forma net income | 2,312,000 | -38,695,000 | -22,455,000 | ||||||||||||||||||
| pro forma net income attributable to class a stockholders | -2,776,000 | -5,062,000 | -28,000 | ||||||||||||||||||
| weighted-average class a common stock, basic and diluted | 11,096,000 | 18,124,000 | 147,000 | ||||||||||||||||||
| pro forma net income per class a share, basic and diluted | 40 | -280 | -190 | ||||||||||||||||||
| pro forma net income attributable to class b stockholders | 5,088,000 | -33,633,000 | -22,427,000 | ||||||||||||||||||
| weighted-average class b common stock, basic and diluted | 120,415,000 | 120,417,000 | 120,402,000 | ||||||||||||||||||
| pro forma net income per class b share, basic and diluted | 40 | -280 | -190 | ||||||||||||||||||
| net income per class a share, basic and diluted | -240 |
We provide you with 20 years income statements for Vertex stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Vertex stock. Explore the full financial landscape of Vertex stock with our expertly curated income statements.
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