Vertex Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	314.01	296.05	68.18	91.8	73.33
Short-Term Investments	-	9.16	9.55	11.17	-
Cash & Short-Term Investments	314.01	305.21	77.72	102.98	73.33
Cash Growth	2.88%	292.70%	-24.53%	40.42%	-75.80%
Receivables	183.45	164.43	141.75	102.89	76.93
Prepaid Expenses	38.97	16.71	12.08	8.17	12.25
Restricted Cash	24.29	30.02	20.98	14.95	24.87
Other Current Assets	-	19.97	14.09	14.17	8.29
Total Current Assets	560.71	536.33	266.62	243.15	195.67
Property, Plant & Equipment	219.41	20.8	23.68	22.77	29.88
Long-Term Investments	15	-	-	-	-
Goodwill	-	357.82	257.84	251.84	270.04
Other Intangible Assets	431.49	210.27	132.83	139.7	124.86
Long-Term Deferred Tax Assets	0.09	0.02	41.71	30.94	35.3
Long-Term Deferred Charges	31.91	37.65	33.71	28.18	12.56
Other Long-Term Assets	12.25	3.9	3.54	2.61	1.9
Total Assets	1,271	1,167	759.93	719.19	670.21
Accounts Payable	37.56	36.22	23.6	14.33	13
Accrued Expenses	102.23	90.1	85.75	73.23	67.79
Current Portion of Long-Term Debt	-	-	2.5	2.19	-
Current Portion of Leases	4.34	4.07	3.79	4.19	4.22
Current Income Taxes Payable	-	5.16	5.37	2.33	2.51
Current Unearned Revenue	382.84	339.33	290.14	268.85	237.34
Other Current Liabilities	47.7	62.51	29.63	38.09	44.27
Total Current Liabilities	574.66	537.38	440.78	403.21	369.13
Long-Term Debt	337.48	335.22	44.06	46.71	-
Long-Term Leases	8.96	12.6	16.62	20.43	24.39
Long-Term Unearned Revenue	5.21	4.84	2.58	10.29	11.67
Long-Term Deferred Tax Liabilities	5.66	9.92	-	-	-
Other Long-Term Liabilities	79.95	87.49	2.91	8.83	34.94
Total Liabilities	1,012	987.44	506.95	489.47	440.12
Common Stock	0.16	0.16	0.15	0.15	0.15
Additional Paid-In Capital	316.33	278.39	275.16	244.82	222.62
Retained Earnings	-46.1	-53.32	-0.59	12.51	24.81
Treasury Stock	-10.09	-	-	-	-
Comprehensive Income & Other	-1.37	-45.88	-21.74	-27.75	-17.5
Shareholders' Equity	258.92	179.35	252.98	229.73	230.08
Total Liabilities & Equity	1,271	1,167	759.93	719.19	670.21
Total Debt	350.77	351.89	66.97	73.52	28.61
Net Cash (Debt)	-36.76	-46.68	10.75	29.46	44.73
Net Cash Growth	-	-	-63.50%	-34.14%	-85.19%
Net Cash Per Share	-0.23	-0.30	0.07	0.20	0.30
Filing Date Shares Outstanding	159.23	158.18	154.33	151.03	149.15
Total Common Shares Outstanding	159.23	157.15	153.65	150.32	149.09
Working Capital	-13.96	-1.04	-174.16	-160.06	-173.46
Book Value Per Share	1.63	1.14	1.65	1.53	1.54
Tangible Book Value	-172.57	-388.74	-137.69	-161.81	-164.82
Tangible Book Value Per Share	-1.08	-2.47	-0.90	-1.08	-1.11
Machinery	-	21.68	29.68	46.9	49.61
Leasehold Improvements	-	20.1	20.66	20.93	20.96

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q