Company / R&D Expense
Vertex, Inc. R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$83.7M
FY2025
5-year range
$41.9M / $83.7M
FY2021-FY2025
Trend
+25.6%
vs FY2024
Sector context
#204 of 264
Information Technology
What the data says
Vertex, Inc.'s r&d expense of $84M is lower than 77% of companies in the Information Technology sector (FY2025). R&D Expense has increased for 3 consecutive years, from $42M in FY2022 to $84M in FY2025.
Based on SEC 10-K filings.
$84M in FY2025 with a 5-year CAGR of +9.0%.
Improved from $58M to $84M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +26.0%
- 5-Year CAGR
- +9.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 23% in Information TechnologyTop 77% of 264This company $83.7M Sector average $1.0B
▼
-91.9% below sector average
Key checks
Key Insights
- Vertex, Inc.'s r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +9.0%, indicating consistent growth.
- In FY2025, r&d expense increased 25.6% year-over-year.
- Ranks #204 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $83.7M | +25.6% |
| FY2024 | $66.7M | +14.5% |
| FY2023 | $58.2M | +39.0% |
| FY2022 | $41.9M | -4.9% |
| FY2021 | $44.0M | -19.0% |
| FY2020 | $54.3M | +77.8% |
| FY2019 | $30.6M | +28.6% |
| FY2018 | $23.8M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026