Develops software for global commerce tax compliance.
Jun 2026Revenue $787M/yrExpenses $801M/yr
No trend
Figures by year
When will Vertex be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $787M and expenses $801M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $748M | $746M | $2.33M |
| Dec 2024 | $667M | $669M | −$2.23M |
| Dec 2023 | $572M | $590M | −$17.5M |
| Dec 2022 | $492M | $500M | −$8.08M |
| Dec 2021 | $426M | $428M | −$2.94M |
| Dec 2020 | $375M | $479M | −$105M |
| Dec 2019 | $322M | $290M | $31.9M |
| Dec 2018 | $272M | $275M | −$2.83M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.