Vertex, Inc. revenue by segment VERX

Annual Quarterly

Vertex, Inc. splits its revenue into 3 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Cloud Subscriptions at $352.9 million, 47% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020
Revenue	809	748	667	572	492	426	375
Cloud Subscriptions	404 +20.5% share 49.9%	353 +27.9% share 47.2%	276 +28.6% share 41.4%	215 +27.1% share 37.5%	169 +32.9% share 34.4%	127 +46.0% share 29.9%	87 share 23.2%
Software Licenses	286 -1.7% share 35.4%	287 -1.5% share 38.3%	291 +9.3% share 43.7%	266 +8.0% share 46.5%	247 +6.6% share 50.2%	231 +0.7% share 54.4%	230 share 61.3%
Other services	119 +11.9% share 14.7%	109 +9.2% share 14.5%	100 +8.8% share 14.9%	92 +20.2% share 16.0%	76 +13.4% share 15.5%	67 +15.9% share 15.8%	58 share 15.5%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: VERX (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: King Of Prussia, PA
SEC filer status: Large accelerated filer
SEC CIK: 1806837

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.