VERX
$14.32+5.84%
Vertex Inc.Stock · TechnologyRussell 2000 · 0.03% of IWMUS Stock Market · 0.001% of VTIRussell 3000 · 0.001% of IWV
VERX financial statements
The full income statement, balance sheet, and cash-flow statement for Vertex Inc. (VERX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2020-06 26.4M2026-06 162.2M+515.4% over 1 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 748M+12.2% | 667M+16.5% | 572M+16.4% | 492M+15.5% | 426M+13.6% | |
| 482M+13.0% | 426M+22.2% | 349M+16.8% | 298M+13.2% | 264M+26.0% | ||
| Cost of revenue | 267M+10.9% | 241M+7.5% | 224M+15.9% | 193M+19.3% | 162M-2.1% | |
| 479M+11.9% | 428M+17.0% | 366M+19.4% | 307M+15.0% | 267M-15.1% | ||
| Research & development | 83.7M+25.6% | 66.7M+14.5% | 58.2M+39.0% | 41.9M-4.9% | 44.0M-19.0% | |
| Selling, general & administrative | 179M+16.9% | 153M+4.7% | 146M+20.0% | 122M+13.7% | 107M-28.2% | |
| General & administrative | 179M+16.9% | 153M+4.7% | 146M+20.0% | 122M+13.7% | 107M-28.2% | |
| Selling & marketing | 196M+15.2% | 171M+21.6% | 140M+11.9% | 125M+26.6% | 99.0M-0.4% | |
| Amortization of intangibles | 2.28M-15.8% | 2.70M-6.3% | 2.88M-28.1% | 4.01M+276.5% | 1.07M+140.6% | |
| Provision for credit losses | 2.54M+809.0% | 279K-86.8% | 2.11M+1193.3% | -193K-142.5% | 454K+75.3% | |
| Operating income | 2.33M+204.6% | -2.23M+87.3% | -17.5M-116.7% | -8.08M-174.7% | -2.94M+97.2% | |
| Net interest income | 5.25M+26.9% | 4.14M+199.4% | -4.16M-103.3% | -2.05M-108.1% | -984K | |
| Other non-operating income | — | — | — | — | -984K+68.4% | |
| Gain (loss) on equity securities | 0.00 | 0.00 | 0.00 | 0.00 | — | |
| Pre-tax income | 7.58M+297.0% | 1.91M+108.8% | -21.7M-114.0% | -10.1M-158.0% | -3.93M+96.4% | |
| Income tax | 368K-99.3% | 54.6M+736.7% | -8.58M-494.7% | 2.17M+188.8% | -2.45M+92.5% | |
| Net income | 7.21M+113.7% | -52.7M-302.7% | -13.1M-6.4% | -12.3M-731.9% | -1.48M+98.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 561M+4.5% | 536M+101.2% | 267M+9.7% | 243M+24.3% | 196M-51.4% | ||
| Cash & equivalents | 314M+6.1% | 296M+334.3% | 68.2M-25.7% | 91.8M+25.2% | 73.3M-75.8% | |
| Accounts receivable | 183M+11.6% | 164M+16.0% | 142M+37.8% | 103M+33.7% | 76.9M-0.3% | |
| Prepaid expenses | 39.0M+6.2% | 36.7M+40.1% | 26.2M+17.2% | 22.3M+8.8% | 20.5M+54.9% | |
| Other current assets | — | — | — | 12.2M+47.5% | 8.29M+19.6% | |
| 1.27B+8.9% | 1.17B+53.5% | 760M+5.7% | 719M+7.3% | 670M+19.9% | ||
| Property, plant & equipment | — | — | 89.0M-12.0% | 101M+4.5% | 96.7M+71.0% | |
| Operating lease right-of-use | 9.68M-19.1% | 12.0M-18.1% | 14.6M-15.0% | 17.2M-15.1% | 20.2M | |
| Goodwill | 392M+9.7% | 358M+38.8% | 258M+2.4% | 252M-6.7% | 270M+1553.8% | |
| Long-term investments | 15.0M | — | — | — | — | |
| Deferred tax assets | 85.0K+347.4% | 19.0K-100.0% | 41.7M+34.8% | 30.9M-12.4% | 35.3M+4.3% | |
| Other non-current assets | 12.2M-13.0% | 14.1M-12.1% | 16.0M+4.4% | 15.3M+328.3% | 3.58M+9.7% | |
| 575M+6.9% | 537M+21.9% | 441M+9.3% | 403M+9.2% | 369M+26.4% | ||
| Accounts payable | 37.6M+3.7% | 36.2M+53.5% | 23.6M+64.7% | 14.3M+10.2% | 13.0M+46.5% | |
| Accrued liabilities | 43.6M+24.1% | 35.2M-21.4% | 44.7M+17.0% | 38.2M+66.5% | 23.0M+19.8% | |
| Deferred revenue | 383M+12.8% | 339M+17.0% | 290M+7.9% | 269M+13.3% | 237M+14.3% | |
| Short-term & current debt | — | — | 2.50M+14.3% | 2.19M | — | |
| Current lease liability | 4.28M+7.2% | 4.00M+7.5% | 3.72M-9.0% | 4.09M+3.9% | 3.93M | |
| Finance lease liability (current) | 55.0K-28.6% | 77.0K+4.1% | 74.0K-28.2% | 103K-63.7% | 284K | |
| 1.01B+2.5% | 987M+94.8% | 507M+3.6% | 489M+11.2% | 440M+33.6% | ||
| Long-term debt | 337M+0.7% | 335M+660.8% | 44.1M-5.7% | 46.7M | — | |
| Deferred revenue (non-current) | 5.21M+7.6% | 4.84M+87.8% | 2.58M-75.0% | 10.3M-11.8% | 11.7M-20.7% | |
| Non-current lease liability | 8.90M-29.3% | 12.6M-24.0% | 16.6M-18.9% | 20.4M-16.0% | 24.3M | |
| Operating lease liability (total) | 13.2M-20.5% | 16.6M-18.3% | 20.3M-17.2% | 24.5M-13.3% | 28.3M | |
| Finance lease liability (total) | 109K+25.3% | 87.0K-30.4% | 125K+10.6% | 113K-67.9% | 352K | |
| Finance lease liability | 54.0K+440.0% | 10.0K-80.4% | 51.0K+410.0% | 10.0K-85.3% | 68.0K | |
| Deferred tax liabilities | 5.66M-42.9% | 9.92M | — | — | — | |
| 259M+44.4% | 179M-29.1% | 253M+10.1% | 230M-0.2% | 230M+0.3% | ||
| Additional paid-in capital | 316M+13.6% | 278M+1.2% | 275M+12.4% | 245M+10.0% | 223M+7.8% | |
| Retained earnings | -46.1M+13.5% | -53.3M-8998.1% | -586K-104.7% | 12.5M-49.6% | 24.8M-3.8% | |
| Treasury stock | 10.1M | — | — | — | — | |
| Accumulated other comprehensive income | -1.37M+97.0% | -45.9M-111.0% | -21.7M+21.7% | -27.8M-58.6% | -17.5M-459.5% | |
| Total equity incl. non-controlling | — | 179M-29.1% | 253M+10.1% | 230M-0.2% | 230M+0.3% | |
| Total liabilities & equity | 1.27B+8.9% | 1.17B+53.5% | 760M+5.7% | 719M+7.3% | 670M+19.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 166M+0.4% | 165M+121.7% | 74.3M+16.4% | 63.8M-29.3% | 90.3M+51.6% | ||
| Depreciation & amortization | 96.9M+17.2% | 82.7M+15.1% | 71.9M+17.6% | 61.2M+36.6% | 44.8M+39.0% | |
| Intangible amortization | 2.28M-15.8% | 2.70M-6.3% | 2.88M-28.1% | 4.01M+276.5% | 1.07M+140.6% | |
| Share-based compensation | 57.8M+21.8% | 47.4M+39.8% | 33.9M+71.9% | 19.7M-24.6% | 26.2M-82.3% | |
| Deferred income taxes | -5.39M-110.6% | 51.1M+541.2% | -11.6M-760.5% | -1.34M+56.8% | -3.12M+90.7% | |
| Change in receivables | 12.9M-41.7% | 22.1M-51.2% | 45.2M+76.2% | 25.7M+966.5% | -2.96M-143.8% | |
| Change in payables | 1.23M-89.5% | 11.6M+25.7% | 9.24M+575.0% | 1.37M-64.4% | 3.85M+308.8% | |
| -124M+21.8% | -158M-139.0% | -66.2M+8.2% | -72.0M+75.6% | -295M-564.3% | ||
| Capital expenditure | — | 71.8M+45.7% | 49.3M+8.2% | 45.5M+43.6% | 31.7M+51.3% | |
| Free cash flow | — | 93.1M+271.2% | 25.1M+36.9% | 18.3M-68.7% | 58.6M+51.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 474K-99.8% | 251M+2073.0% | |
| Sales/maturities of investments | 11.6M-30.5% | 16.7M-9.1% | 18.4M+242.8% | 5.36M | — | |
| -32.8M-114.2% | 231M+973.3% | -26.5M-254.9% | 17.1M+287.9% | -9.10M-104.3% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00-100.0% | 46.9M+2042.4% | 2.19M+133.3% | 938K | 0.00-100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 10.1M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Other financing activities | — | — | -103K+92.4% | -1.35M-40.5% | -964K | |
| FX effect on cash | 3.21M+417.5% | -1.01M-239.8% | 724K+305.7% | -352K+26.5% | -479K-2077.3% | |
| Net change in cash | 12.2M-94.8% | 237M+1446.3% | -17.6M-306.0% | 8.54M+104.0% | -214M-193.6% | |
| Interest paid | 3.32M+0.9% | 3.29M-11.9% | 3.73M+67.9% | 2.22M+896.0% | 223K-90.9% | |
| Income taxes paid | 1.92M-77.7% | 8.59M+52.0% | 5.65M+84.8% | 3.06M+137.7% | 1.29M+118.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: VERX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all VERX filings on SEC EDGAR → Not investment advice.