Vertex Inc
NASDAQ:VERX
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Vertex Inc
Gross Margin
Vertex Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | US |
| Market Cap | 8.5B USD |
| Gross Margin |
63%
|
| Country | US |
| Market Cap | 324.3B USD |
| Gross Margin |
76%
|
| Country | DE |
| Market Cap | 265B EUR |
| Gross Margin |
73%
|
| Country | US |
| Market Cap | 228.4B USD |
| Gross Margin |
89%
|
| Country | US |
| Market Cap | 193.5B USD |
| Gross Margin |
23%
|
| Country | US |
| Market Cap | 183.5B USD |
| Gross Margin |
79%
|
| Country | US |
| Market Cap | 142.1B USD |
| Gross Margin |
81%
|
| Country | US |
| Market Cap | 102.6B USD |
| Gross Margin |
74%
|
| Country | US |
| Market Cap | 86.1B USD |
| Gross Margin |
80%
|
| Country | US |
| Market Cap | 85.4B USD |
| Gross Margin |
88%
|
| Country | US |
| Market Cap | 82.9B USD |
| Gross Margin |
74%
|
Vertex Inc
Glance View
Vertex Inc. is a leading provider of business tax automation solutions, dedicated to helping companies manage their tax compliance with efficiency and accuracy. Founded in 1978, Vertex has evolved over the decades to meet the ever-changing regulatory landscape, offering innovative tools that simplify complex tax processes. Its flagship products streamline sales and use tax compliance, enabling businesses to navigate the intricacies of various jurisdictions seamlessly. This focus on providing solutions that reduce risk and enhance operational efficiency has positioned Vertex as a trusted partner for organizations looking to minimize tax liabilities and improve cash flow management. As global commerce grows increasingly complicated, Vertex stands out by leveraging advanced technology, including cloud-based platforms and AI-driven analytics, to drive smart decision-making for its clients. The company's strong reputation is further bolstered by its commitment to customer-centric service and continuous product enhancement, making it a go-to resource for both small enterprises and Fortune 500 companies. For investors, Vertex presents an alluring opportunity by tapping into the expanding market of tax compliance software, showcasing steady growth potential as businesses increasingly prioritize automation in their operations. With a solid customer base and a robust product suite, Vertex Inc. is well-positioned to capitalize on the ongoing demand for tax solutions in a dynamically evolving economic environment.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Vertex Inc's most recent financial statements, the company has Gross Margin of 62.6%.
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