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 $2,080,796,194 USD 149%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $732,189,000 USD 13.8%
Research and Development Expense $80,983,000 USD 35%
Selling and Marketing Expense $191,425,000 USD 19.5%
General and Administrative Expense $172,949,000 USD 15.5%
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 12.4%
Accounts Receivable, after Allowance for Credit Loss, Current $131,502,000 USD 1.23%
Assets, Current $518,827,000 USD 8.86%
Deferred Income Tax Assets, Net $61,193,000 USD 50.9%
Property, Plant and Equipment, Net $168,475,000 USD 68%
Operating Lease, Right-of-Use Asset $10,496,000 USD -16.5%
Goodwill $392,893,000 USD 2.73%
Other Assets, Noncurrent $13,132,000 USD -4.58%
Assets $1,221,858,000 USD 2.6%
Accounts Payable, Current $35,374,000 USD 21%
Employee-related Liabilities, Current $23,729,000 USD 18.5%
Accrued Liabilities, Current $39,788,000 USD -10.9%
Contract with Customer, Liability, Current $333,636,000 USD 11%
Liabilities, Current $515,939,000 USD 12.7%
Contract with Customer, Liability, Noncurrent $5,407,000 USD 42.6%
Deferred Income Tax Liabilities, Net $7,950,000 USD -50.9%
Operating Lease, Liability, Noncurrent $10,093,000 USD -25.6%
Liabilities $957,386,000 USD 2.74%
Accumulated Other Comprehensive Income (Loss), Net of Tax $-763,000 USD 96.2%
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 -19.8%
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 -39.7%
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 8.65%
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 10.9%
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 27.8%
Operating Lease, Liability $16,580,000 USD -18.3%
Payments to Acquire Property, Plant, and Equipment $14,449,000 USD 43.8%
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 -19.1%
Property, Plant and Equipment, Gross $275,140,000 USD -11.7%
Operating Lease, Liability, Current $4,236,000 USD 9.66%
Lessee, Operating Lease, Liability, to be Paid, Year Two $4,766,000 USD 6.08%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,340,000 USD 2.65%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) $-929,000 USD 64.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $746,000 USD -34.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three $4,738,000 USD 3.79%
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 -24.9%
Additional Paid in Capital $304,177,000 USD 15%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $2,326,000 USD -14.6%
Share-based Payment Arrangement, Expense $57,215,000 USD 29.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%