Vertex, Inc.

NasdaqGM VERX

Vertex, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 60.69%

Vertex, Inc. Gross Profit Margin is 60.69% for the Trailing 12 Months (TTM) ending September 30, 2024, a -1.09% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Vertex, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 61.36%, a 1.71% change year over year.
Vertex, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 60.33%, a -3.68% change year over year.
Vertex, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 62.64%, a 12.15% change year over year.
Vertex, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 55.86%.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqGM: VERX

Vertex, Inc.

CEO	Mr. David DeStefano
IPO Date	July 29, 2020
Location	United States
Headquarters	2301 Renaissance Boulevard
Employees	1,500
Sector	Technology
Industries Internet of Things (IoT) Enterprise Resource Planning (ERP) Point-Of-Sale (POS) Software-as-a-Service (SaaS)

Description

Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.

Key trends

Past 5 years