Vertex financials
$11.15+0.81%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $748.4M | $666.8M | $572.4M | $491.6M | $425.5M | $374.7M |
| Gross profit | $481.6M | $426.1M | $348.6M | $298.5M | $263.7M | $209.3M |
| Gross margin | 64.3% | 63.9% | 60.9% | 60.7% | 62.0% | 55.9% |
| Operating income | $2.3M | -$2.2M | -$17.5M | -$2.8M | $1.9M | -$104.6M |
| Net income | $7.2M | -$52.7M | -$13.1M | -$12.3M | -$1.5M | -$6.3M |
| Net margin | 1.0% | −7.9% | −2.3% | −2.5% | −0.3% | −1.7% |
| Diluted EPS | $0.08 | $-0.68 | $-0.18 | $-0.08 | $-0.01 | $-0.57 |
| EBITDA | $99.3M | $80.5M | $54.4M | $58.3M | $46.7M | -$72.3M |
| Operating cash flow | $165.5M | $164.8M | $74.3M | $63.8M | $90.3M | $59.5M |
| Free cash flow | $69.3M | $27.3M | $25.1M | $18.3M | $46.9M | $26.7M |
| Diluted shares | 84.0M | 90.6M | 97.1M | 149.6M | 147.8M | 11.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $314.0M | $296.1M | $68.2M | $91.8M | $73.3M | $303.1M |
| Short-term investments | $0.00 | $9.2M | $9.5M | $11.2M | — | — |
| Total debt | $337.6M | $335.3M | $46.7M | $49.0M | $352.0K | $1.1M |
| Total assets | $1.27B | $1.17B | $759.9M | $719.2M | $670.2M | $558.8M |
| Total liabilities | $1.01B | $987.4M | $506.9M | $489.5M | $440.1M | $329.4M |
| Shareholders' equity | $258.9M | $179.4M | $253.0M | $229.7M | $230.1M | $229.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology