Vertex, Inc. financial data

Symbol
VERX on Nasdaq
Location
King Of Prussia, PA
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 24 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99% % 3.5%
Debt-to-equity 398% % 14%
Return On Equity -20% % -724%
Return On Assets 0.6% %
Operating Margin 0.31% %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $2,551,796,149 USD 23%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $748,444,000 USD 12%
Research and Development Expense $83,715,000 USD 26%
Selling and Marketing Expense $196,488,000 USD 15%
General and Administrative Expense $178,685,000 USD 17%
Operating Income (Loss) $2,331,000 USD 80%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $7,579,000 USD 297%
Income Tax Expense (Benefit) $368,000 USD -99%
Net Income (Loss) Attributable to Parent $7,211,000 USD 90%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $314,009,000 USD 6.1%
Accounts Receivable, after Allowance for Credit Loss, Current $183,446,000 USD 12%
Assets, Current $560,707,000 USD 4.5%
Deferred Income Tax Assets, Net $85,000 USD
Property, Plant and Equipment, Net $168,475,000 USD 68%
Operating Lease, Right-of-Use Asset $9,678,000 USD -19%
Goodwill $392,493,000 USD 9.7%
Other Assets, Noncurrent $12,245,000 USD -13%
Assets $1,270,835,000 USD 8.9%
Accounts Payable, Current $37,557,000 USD 3.7%
Employee-related Liabilities, Current $23,992,000 USD 65%
Accrued Liabilities, Current $43,642,000 USD 24%
Contract with Customer, Liability, Current $382,839,000 USD 13%
Liabilities, Current $574,663,000 USD 6.9%
Contract with Customer, Liability, Noncurrent $5,209,000 USD 7.6%
Deferred Income Tax Liabilities, Net $5,664,000 USD -43%
Operating Lease, Liability, Noncurrent $8,903,000 USD -29%
Liabilities $1,011,915,000 USD 2.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,368,000 USD 97%
Retained Earnings (Accumulated Deficit) $46,104,000 USD 14%
Stockholders' Equity Attributable to Parent $258,920,000 USD 44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $200,490,000 USD -20%
Liabilities and Equity $1,270,835,000 USD 8.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $14,805,000 USD -40%
Net Cash Provided by (Used in) Financing Activities $20,653,000 USD -1691%
Net Cash Provided by (Used in) Investing Activities $17,846,000 USD 8.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $22,384,000 USD -734%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $338,295,000 USD 3.8%
Deferred Tax Assets, Valuation Allowance $87,635,000 USD 21%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $93,809,000 USD 28%
Operating Lease, Liability $13,186,000 USD -20%
Payments to Acquire Property, Plant, and Equipment $14,449,000 USD 44%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $51,722,000 USD 92%
Lessee, Operating Lease, Liability, to be Paid $13,717,000 USD -21%
Property, Plant and Equipment, Gross $275,140,000 USD -12%
Operating Lease, Liability, Current $4,283,000 USD 7.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two $5,023,000 USD 5.4%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,561,000 USD 5.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.027 pure 12%
Deferred Income Tax Expense (Benefit) $929,000 USD 64%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $531,000 USD -29%
Lessee, Operating Lease, Liability, to be Paid, Year Three $3,761,000 USD -21%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30,000,000 shares 0%
Unrecognized Tax Benefits $2,016,000 USD 41%
Lessee, Operating Lease, Liability, to be Paid, Year Four $279,000 USD -92%
Additional Paid in Capital $316,327,000 USD 14%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $2,277,000 USD -16%
Share-based Payment Arrangement, Expense $57,763,000 USD 22%
Preferred Stock, Par or Stated Value Per Share 0.001 USD/shares 0%