MarketCap
Facebook
X
Telegram
Vertex Income Statement 2025-2011 | VERX
Brief overview of income trends at Vertex
The overview follows changes across a five-year period. Revenue reported by Vertex was 375 million dollars at the beginning of the period and 748 million dollars at the end. The cumulative result was +99.8%, corresponding to roughly 14.8% per year. Top-line growth remained consistently strong over the period.
At the gross-profit level, the result moved from $209 million to $482 million, a change of +130.1%. Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. Gross margin moved from 55.9% to 64.3%. The business retained more gross profit from each unit of revenue.
Over the period, EBITDA shifted from −$72.5 million to $99.3 million, a change of +236.8%. Additional revenue translated efficiently into EBITDA. Comparing the endpoints gives EBITDA margins of −19.4% and 13.3%. The business generated more EBITDA from each unit of revenue.
Across the five years, the net result shifted from −$75.1 million to $7.2 million. The company restored profitability by the end of the period.
What the figures show
The indicators form a favorable picture of business development. The positive side is supported by a stronger gross margin, sales growth and an improving EBITDA margin. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Vertex
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Historical Prices |
39.9 | 33.3 | 21.8 | 17.9 | 15.9 | 34.9 | - | - | - | - | - | - | - | - | - |
Net Income |
7.2 M | -52.7 M | -13.1 M | -12.3 M | -1.48 M | -75.1 M | 23.1 M | -6.11 M | - | - | - | - | - | - | - |
Revenue |
748 M | 667 M | 572 M | 492 M | 426 M | 375 M | 322 M | 272 M | - | - | - | - | - | - | - |
Cost of Revenue |
267 M | 241 M | 224 M | 193 M | 162 M | 165 M | 110 M | 95.7 M | - | - | - | - | - | - | - |
Gross Profit |
482 M | 426 M | 349 M | 298 M | 264 M | 209 M | 211 M | 177 M | - | - | - | - | - | - | - |
Operating Income |
2.33 M | -2.23 M | -17.5 M | -8.08 M | -2.94 M | -105 M | 31.9 M | -2.83 M | - | - | - | - | - | - | - |
Interest Expense |
5.25 M | 4.14 M | -4.16 M | -2.05 M | - | - | -953 K | -1.59 M | - | - | - | - | - | - | - |
EBITDA |
99.3 M | 80.5 M | 54.4 M | 53.1 M | 41.8 M | -72.5 M | 40.9 M | 37.8 M | - | - | - | - | - | - | - |
Operating Expenses |
479 M | 428 M | 366 M | 307 M | 267 M | 314 M | 179 M | 147 M | - | - | - | - | - | - | - |
General and Administrative Expenses |
179 M | 153 M | 146 M | 122 M | 107 M | 149 M | 71 M | 58.9 M | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement Vertex
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income |
-2.51 M | 4.04 M | -961 K | 11.1 M | 7.22 M | 5.16 M | 2.68 M | -3.4 M | -6.9 M | -18.1 M | - | -1.14 M | -5.52 M | -334 K | - | -3.95 M | 808 K | 2.29 M | - | -17.2 M | -29.1 M | -29.1 M | - | 11.9 M | 7.12 M | 7.32 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
197 M | 192 M | 185 M | 177 M | 170 M | 161 M | 157 M | 145 M | 140 M | 133 M | - | 126 M | 119 M | 115 M | - | 111 M | 105 M | 98.2 M | - | 94.6 M | 91.3 M | 89.2 M | - | 82.4 M | 78.4 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
71.8 M | 70.8 M | 63.4 M | 64.1 M | 59.9 M | 58.4 M | 61 M | 56.9 M | 53.9 M | 51.7 M | - | 50.7 M | 48.1 M | 44.9 M | - | 43.9 M | 37.4 M | 36.9 M | - | 48 M | 41.7 M | 39.5 M | - | 27.4 M | 27.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
125 M | 121 M | 121 M | 113 M | 111 M | 103 M | 95.8 M | 88.2 M | 85.8 M | 81 M | - | 75.6 M | 71.1 M | 70.1 M | - | 66.8 M | 67.6 M | 61.3 M | - | 46.6 M | 49.5 M | 49.8 M | - | 55 M | 51.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-10.6 M | 4.32 M | -3.86 M | 4.49 M | 4.9 M | 7.54 M | -1.56 M | -2.02 M | -4.07 M | -8.93 M | - | -871 K | -4.3 M | 468 K | - | -3.61 M | -1.46 M | 2.14 M | - | -50 M | -29 M | -28.2 M | - | 12.3 M | 7.65 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
957 K | 1.24 M | 1.23 M | 1.54 M | 2.94 M | -181 K | -286 K | -597 K | 105 K | 350 K | - | -361 K | -724 K | 6 K | - | -521 K | 385 K | -535 K | - | 1.88 M | 1.16 M | -569 K | - | 503 K | 539 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
16.4 M | 75.1 M | 41.8 M | 26.8 M | 66.3 M | 48.9 M | 19.4 M | 50.6 M | -3.33 M | 8.01 M | - | 44.5 M | -2.22 M | 13.4 M | - | 28.3 M | 16.2 M | 11 M | - | -26.4 M | -13.6 M | -20.8 M | - | 30.5 M | 19.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
135 M | 117 M | 125 M | 109 M | 106 M | 95.1 M | 97.4 M | 90.2 M | 89.9 M | 89.9 M | - | 76.5 M | 75.4 M | 69.6 M | - | 70.4 M | 69 M | 59.2 M | - | 96.6 M | 78.5 M | 78 M | - | 42.7 M | 43.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
54.3 M | 44.6 M | 43.4 M | 45 M | 41.5 M | 35.9 M | 35.5 M | 35.4 M | 39.4 M | 34.3 M | - | 31.7 M | 30.1 M | 28.8 M | - | 31.2 M | 24.9 M | 24.9 M | - | 48 M | 37.8 M | 37.6 M | - | 17.3 M | 16.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Vertex (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
Britain
Canada
USA
Israel
China
Curacao
Germany
