Vertex, Inc. financial data

Symbol
VERX on Nasdaq
Location
King Of Prussia, PA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 03 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100% % 16%
Debt-to-equity 431% % 57%
Return On Equity -20% % -724%
Return On Assets -4.5% % -239%
Operating Margin -1.1% % -186%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $2,080,796,194 USD 149%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $732,189,000 USD 14%
Research and Development Expense $80,983,000 USD 35%
Selling and Marketing Expense $191,425,000 USD 20%
General and Administrative Expense $172,949,000 USD 15%
Operating Income (Loss) $8,162,000 USD -197%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,484,000 USD -136%
Income Tax Expense (Benefit) $51,100,000 USD 148%
Net Income (Loss) Attributable to Parent $53,584,000 USD -276%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $313,506,000 USD 12%
Accounts Receivable, after Allowance for Credit Loss, Current $131,502,000 USD 1.2%
Assets, Current $518,827,000 USD 8.9%
Deferred Income Tax Assets, Net $61,193,000 USD 51%
Property, Plant and Equipment, Net $168,475,000 USD 68%
Operating Lease, Right-of-Use Asset $10,496,000 USD -16%
Goodwill $392,893,000 USD 2.7%
Other Assets, Noncurrent $13,132,000 USD -4.6%
Assets $1,221,858,000 USD 2.6%
Accounts Payable, Current $35,374,000 USD 21%
Employee-related Liabilities, Current $23,729,000 USD 18%
Accrued Liabilities, Current $39,788,000 USD -11%
Contract with Customer, Liability, Current $333,636,000 USD 11%
Liabilities, Current $515,939,000 USD 13%
Contract with Customer, Liability, Noncurrent $5,407,000 USD 43%
Deferred Income Tax Liabilities, Net $7,950,000 USD -51%
Operating Lease, Liability, Noncurrent $10,093,000 USD -26%
Liabilities $957,386,000 USD 2.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax $763,000 USD 96%
Retained Earnings (Accumulated Deficit) $39,101,000 USD -370%
Stockholders' Equity Attributable to Parent $264,472,000 USD 2.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $200,490,000 USD -20%
Liabilities and Equity $1,221,858,000 USD 2.6%

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 $338,793,000 USD 11%
Deferred Tax Assets, Valuation Allowance $72,285,000 USD 1117%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $66,562,000 USD 28%
Operating Lease, Liability $16,580,000 USD -18%
Payments to Acquire Property, Plant, and Equipment $14,449,000 USD 44%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $34,240,000 USD -186%
Lessee, Operating Lease, Liability, to be Paid $17,326,000 USD -19%
Property, Plant and Equipment, Gross $275,140,000 USD -12%
Operating Lease, Liability, Current $4,236,000 USD 9.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two $4,766,000 USD 6.1%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,340,000 USD 2.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) $929,000 USD 64%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $746,000 USD -34%
Lessee, Operating Lease, Liability, to be Paid, Year Three $4,738,000 USD 3.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $3,482,000 USD -25%
Additional Paid in Capital $304,177,000 USD 15%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $2,326,000 USD -15%
Share-based Payment Arrangement, Expense $57,215,000 USD 30%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%