Vertex Inc (VERX) r&d spend was $84M in FY2025 (+26% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$84M
+26%
2024
$67M
+15%
2023
$58M
+39%
2022
$42M
-5%
2021
$44M
-19%
2020
$54M
+78%
2019
$31M
+29%
2018
$24M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$25M
Q1 2026
$25M
Q4 2025
$22M
Q3 2025
$20M
Q2 2025
$21M
Q1 2025
$21M
Q4 2024
$20M
Q3 2024
$16M
Q2 2024
$15M
Q1 2024
$17M
Q4 2023
$13M
Q3 2023
$17M
Source: VERX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.