Filing Flows › Vertex (VERX) › Q3 2026 › vs Q2 2026
Vertex (VERX) Q3 2026 vs Q2 2026 (quarter over quarter)
Vertex's revenue rose $9.3M (+5%) from $204M in Q2 2026 to $213M in Q3 2026. The biggest changes: Software subscriptions +$6.9M (+4%); Services +$2.4M (+8%).
Vertex, Q3 2026: revenue $213M (+11% year over year), operating margin 0.1%, net loss $46.6M, operating cash flow $53.3M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Cloud subscriptions | $111M | $102M | $9.2M | +9% |
| Software licenses | $70.8M | $73.1M | −$2.2M | -3% |
| Software subscriptions | $182M | $175M | $6.9M | +4% |
| Services | $31.6M | $29.2M | $2.4M | +8% |
| Revenue | $213M | $204M | $9.3M | +5% |
| Net loss | $46.6M | −$9.0M | $55.7M | — |
| Costs & expenses | $260M | $217M | $42.8M | +20% |
| Operating costs | $213M | $208M | $4.5M | +2% |
| Income tax | $47.3M | −$13.1M | $60.4M | — |
| Cost of revenue | $73.1M | $72.7M | $396K | +0.5% |
| Research & development | $24.7M | $24.8M | −$125K | -0.5% |
| Sales & marketing | $49.7M | $51.9M | −$2.2M | -4% |
| General & admin | $51.7M | $51.1M | $526K | +1% |
| Other operating costs | $13.9M | $7.9M | $6.0M | +76% |
| Operating cash sources | $99.9M | $21.9M | $78.1M | +357% |
| Depreciation & amortization | $31.1M | $29.1M | $2.0M | +7% |
| Share-based compensation | $15.4M | $13.8M | $1.6M | +12% |
| Working capital & other | $53.4M | −$21.0M | $74.4M | — |
| Net loss absorbed | $46.6M | −$9.0M | $55.7M | — |
| Operating cash flow | $53.3M | $30.9M | $22.4M | +72% |
Questions
How much did Vertex's revenue grow quarter over quarter in Q3 2026?
Vertex's revenue rose $9.3M (+5%) from $204M in Q2 2026 to $213M in Q3 2026.
What drove Vertex's revenue change in Q3 2026?
Software subscriptions +$6.9M (+4%); Services +$2.4M (+8%).