Vertex Gross Margin 2019-2024 | VERX

Vertex gross margin for the quarter ending September 30, 2024 was 62.83%.

  • Vertex average gross margin for 2023 was 61.13%, a 0.49% increase from 2022.
  • Vertex average gross margin for 2022 was 60.83%, a 0.5% increase from 2021.
  • Vertex average gross margin for 2021 was 60.53%, a 2.13% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Vertex Gross Margin 2019-2024 | VERX

  • Vertex average gross margin for 2023 was 61.13%, a 0.49% increase from 2022.
  • Vertex average gross margin for 2022 was 60.83%, a 0.5% increase from 2021.
  • Vertex average gross margin for 2021 was 60.53%, a 2.13% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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