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Vertex revenue
Vertex's revenue is $666.8 million.
What is Vertex's revenue?
- Vertex's revenue growth from 2019 to 2024 is 107.4%.
- Vertex has 1,100 employees, and the revenue per employee ratio is $606,160.
- Vertex's peak quarterly revenue was $178.5M in 2024(q4).
- Vertex peak revenue was $666.8M in 2024.
- Vertex annual revenue for 2023 was 572.4M, 16.43% growth from 2022.
- Vertex annual revenue for 2024 was 666.8M, 16.49% growth from 2023.
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Vertex historical revenue
Vertex's peak revenue was $666.8M in 2024. The peak quarterly revenue was $178.5M in 2024(q4).
Vertex's revenue increased from $321.5m in 2019 to $666.8M currently. That's a 107.4% change in annual revenue.
Vertex annual revenue
Vertex annual revenue over time
| Fiscal year / year | Vertex revenue |
|---|---|
| 2019 | $321.5M |
| 2020 | $374.7M |
| 2021 | $425.5M |
| 2022 | $491.6M |
| 2023 | $572.4M |
| 2024 | $666.8M |
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Vertex annual growth
Vertex saw the greatest revenue growth in 2020, when revenue increased by 16.54%.
Vertex had the lowest revenue growth in 2021, when revenue changed by 13.58%.
Vertex annual growth rate over time
| Year | Vertex growth |
|---|---|
| 2020 | 17%↑ |
| 2021 | 14%↑ |
| 2022 | 16%↑ |
| 2023 | 16%↑ |
| 2024 | 16%↑ |
Vertex quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Vertex quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | $91.3M | $94.6M | $99.5M |
| 2021 | $98.2M | $104.9M | $110.7M | $111.7M |
| 2022 | $115.0M | $119.3M | $126.2M | $131.1M |
| 2023 | $132.8M | $139.7M | $145.0M | $154.9M |
| 2024 | $156.8M | $161.1M | $170.4M | $178.5M |
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Vertex financial information
| CEO | David Destefano |
| Industry | Commercial & Professional Services |
| Company Type | Public |
| Employees Number | 1,100 |
| Date Founded | 1978 |
| Headquarters | Berwyn, Pennsylvania |
| Number of Locations | 8 |
| Revenue | $666.8M |
| Net Income | -$12,304,000 |
| Gross Proft | $426.1M (2024) |
| EBITDA | $18.7M (2024) |
| Tax Rate | 28.6% |
| Total Assets | $719,192,000 |
| Ticker | VERX |
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Vertex competitors
Vertex's top competitor, Arvato, earned an annual revenue of $4.1B.
Vertex's smallest competitor is Tci with revenue of $830.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| ServiceTitan | $106,531 | $162.5M | 1,259 | 77 |
| Mambu | $77,616 | $36.0M | 750 | 13 |
| insightsoftware | $82,417 | $300.0M | 1,169 | 4 |
| BizEquity | $61,472 | $19.0M | 42 | - |
| Maverick Software Consulting | $51,129 | $5.5M | 375 | 3 |
| Corptax | $74,987 | $300.0M | 50 | - |
| Datatrac | $73,894 | $870,000 | 50 | - |
| SFG (Strategic Fulfillment Group) | $31,445 | $10.0M | 200 | - |
| Arvato | $37,246 | $4.1B | 68,463 | 9 |
| Bulk TV & Internet | $76,716 | $6.2M | 100 | - |
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Zippia gives an in-depth look into the details of Vertex, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Vertex. The employee data is based on information from people who have self-reported their past or current employments at Vertex. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Vertex. The data presented on this page does not represent the view of Vertex and its employees or that of Zippia.
Vertex may also be known as or be related to VERTEX INC, Vertex, Vertex Corporation, Vertex Inc, Vertex Inc. and Vertex, Inc.