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 99.5 % +16.2%
Debt-to-equity 431 % +56.9%
Return On Equity -20.3 % -724%
Return On Assets -4.52 % -239%
Operating Margin -1.11 % -186%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.08B USD +149%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 732M USD +13.8%
Research and Development Expense 81M USD +35%
Selling and Marketing Expense 191M USD +19.5%
General and Administrative Expense 173M USD +15.5%
Operating Income (Loss) -8.16M USD -197%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.48M USD -136%
Income Tax Expense (Benefit) 51.1M USD +148%
Net Income (Loss) Attributable to Parent -53.6M USD -276%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 314M USD +12.4%
Accounts Receivable, after Allowance for Credit Loss, Current 132M USD +1.23%
Other Assets, Current 11.8M USD +19.8%
Assets, Current 519M USD +8.86%
Deferred Income Tax Assets, Net 61.2M USD +50.9%
Property, Plant and Equipment, Net 168M USD +68%
Operating Lease, Right-of-Use Asset 10.5M USD -16.5%
Goodwill 393M USD +2.73%
Other Assets, Noncurrent 13.1M USD -4.59%
Assets 1.22B USD +2.61%
Accounts Payable, Current 35.4M USD +21%
Employee-related Liabilities, Current 23.7M USD +18.5%
Accrued Liabilities, Current 39.8M USD -10.9%
Contract with Customer, Liability, Current 334M USD +11%
Liabilities, Current 516M USD +12.7%
Contract with Customer, Liability, Noncurrent 5.41M USD +42.6%
Deferred Income Tax Liabilities, Net 7.95M USD -50.9%
Operating Lease, Liability, Noncurrent 10.1M USD -25.6%
Liabilities 957M USD +2.74%
Accumulated Other Comprehensive Income (Loss), Net of Tax -763K USD +96.2%
Retained Earnings (Accumulated Deficit) -39.1M USD -370%
Stockholders' Equity Attributable to Parent 264M USD +2.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 200M USD -19.8%
Liabilities and Equity 1.22B USD +2.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 14.8M USD -39.7%
Net Cash Provided by (Used in) Financing Activities -20.7M USD -1691%
Net Cash Provided by (Used in) Investing Activities -17.8M USD +8.65%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -22.4M USD -734%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 339M USD +10.9%
Deferred Tax Assets, Valuation Allowance 72.3M USD +1117%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 66.6M USD +27.8%
Operating Lease, Liability 16.6M USD -18.3%
Payments to Acquire Property, Plant, and Equipment 14.4M USD +43.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -34.2M USD -186%
Lessee, Operating Lease, Liability, to be Paid 17.3M USD -19.1%
Property, Plant and Equipment, Gross 275M USD -11.7%
Operating Lease, Liability, Current 4.24M USD +9.66%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.77M USD +6.08%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.34M USD +2.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) -929K USD +64.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 746K USD -34.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.74M USD +3.79%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.48M USD -24.9%
Additional Paid in Capital 304M USD +15%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.33M USD -14.6%
Deferred Tax Assets, Net of Valuation Allowance 46.2M USD -1.76%
Share-based Payment Arrangement, Expense 57.2M USD +29.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%