Vertex, Inc.VERXNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+26.0%
5Y CAGR+9.0%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+26.0%/yr
vs +15.2%/yr prior
5Y CAGR
+9.0%/yr
Recent acceleration
Acceleration
+10.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
1.5x
Solid growth
Streak
3 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$83.72M+25.6%
2024$66.67M+14.5%
2023$58.21M+39.0%
2022$41.88M-4.9%
2021$44.02M-19.0%
2020$54.34M+77.8%
2019$30.56M+28.6%
2018$23.75M-