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Vertex Inc   (VERX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology


Vertex Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



VERX Gross Profit Margin (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
Y / Y Revenue Change 22.12 % 21.04 % 18.81 % 14.19 % 16.38 %
Seq. Revenue Change 5.5 % 3.14 % 8.07 % 3.85 % 4.57 %
Revenue In Millions $169.52 $160.69 $155.79 $144.16 $138.82
Gross Profit Margin 65.2 % 63.91 % 61.49 % 61.15 % 61.82 %
Gross Profit Margin Total Ranking # 1631 # 1868 # 1963 # # 2052
Gross Profit In Millions $110.52 $102.69 $95.79 $88.16 $85.82
Y / Y Gross Profit Change 28.79 % 26.77 % 17.32 % 16.64 % 20.62 %
Seq. Gross Profit Change 7.63 % 7.2 % 8.66 % 2.73 % 5.94 %


Commenting Third Quarter 2024 Gross Profit Margin
Vertex Inc Gross Profit grew by 7.63 % in III. Quarter sequentially to 111 millions, while Revenue increased by 5.5 %, this led to improvement in the company's Gross Profit Margin to 65.2 %
a new company high.


Observing third quarter 2024 results within Software & Programming industry 115 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1631, from total ranking in previous quarter at 1868.
Learn about Gross Margin
VERX's Gross Profit Margin third quarter 2024 Company Ranking
Within: No.
Software & Programming Industry # 116
Technology Sector # 217
Overall # 1630

Gross Profit Margin Statistics
High Average Low
65.2 % 60.56 % 49.3 %
(Sep 30 2024)   (Sep 30 2020)




Other Gross Profit Margin Profitability Ratios
VERX's Cumulative Gross Profit Margin
Software & Programming Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
VERX's Gross Profit Margin Profitability versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for VERX's Competitors
Gross Profit Margin Profit Margin for Vertex Inc 's Suppliers
Gross Profit Margin Profit Margin for VERX's Customers

You may also want to know
VERX's Annual Growth Rates VERX's Profitability Ratios VERX's Asset Turnover Ratio VERX's Dividend Growth
VERX's Roe VERX's Valuation Ratios VERX's Financial Strength Ratios VERX's Gross Profit Growth
VERX's Roa VERX's Inventory Turnover Ratio VERX's Growth Rates VERX's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Sep 30 2024, within Software & Programming Industry Gross Profit MarginSep 30 2024 MRQ Gross ProfitSep 30 2024 MRQ Revenue
Firefly Neuroscience Inc   100.00 %$ 0.033  Millions$ 0.033  Millions
Amesite Inc  100.00 %$ 0.011  Millions$ 0.011  Millions
Arqit Quantum inc   100.00 %$ 0.293  Millions$ 0.293  Millions
Appsoft Technologies Inc   100.00 %$ 0.001  Millions$ 0.001  Millions
Asset Entities Inc  100.00 %$ 0.203  Millions$ 0.203  Millions
Ipsidy Inc  100.00 %$ 0.249  Millions$ 0.249  Millions
T Stamp Inc  100.00 %$ 0.511  Millions$ 0.511  Millions
Nft Gaming Co Inc  100.00 %$ 0.003  Millions$ 0.003  Millions
Clear Secure Inc   100.00 %$ 198.424  Millions$ 198.424  Millions
Intuit Inc   98.87 %$ 3,246.000  Millions$ 3,283.000  Millions
Zoominfo Technologies Inc   96.61 %$ 256.300  Millions$ 265.300  Millions
Oracle Corporation  95.48 %$ 24,204.000  Millions$ 25,351.000  Millions
Wm Technology Inc   95.31 %$ 44.370  Millions$ 46.552  Millions
Cerence Inc   92.08 %$ 34.895  Millions$ 37.895  Millions
Intellicheck Inc   91.00 %$ 4.285  Millions$ 4.709  Millions
Cadence Design Systems Inc   90.98 %$ 1,105.906  Millions$ 1,215.499  Millions
Autodesk Inc   90.64 %$ 1,423.000  Millions$ 1,570.000  Millions
Adobe Inc   89.76 %$ 4,854.000  Millions$ 5,408.000  Millions
Asana Inc   89.62 %$ 164.084  Millions$ 183.084  Millions
Solarwinds Corp  89.50 %$ 179.012  Millions$ 200.012  Millions
Leafly Holdings Inc   89.18 %$ 7.449  Millions$ 8.353  Millions
Gitlab Inc   88.77 %$ 173.922  Millions$ 195.922  Millions
Ansys Inc   88.52 %$ 532.783  Millions$ 601.892  Millions
Couchbase Inc   88.25 %$ 45.072  Millions$ 51.072  Millions
Marketwise Inc   86.72 %$ 84.284  Millions$ 97.186  Millions
Nutanix Inc   86.11 %$ 508.286  Millions$ 590.286  Millions
Destiny Media Technologies Inc   85.61 %$ 0.962  Millions$ 1.124  Millions
Hubspot Inc   85.21 %$ 570.397  Millions$ 669.397  Millions
Dynatrace Inc   85.01 %$ 340.345  Millions$ 400.345  Millions
Freshworks Inc   84.39 %$ 156.769  Millions$ 185.769  Millions




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