Vertex, Inc. (VERX)

Vertex Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	313.51	296.05	68.18	91.8	73.33	303.05
Short-Term Investments	-	9.16	9.55	11.17	-	-
Cash & Short-Term Investments	313.51	305.21	77.72	102.98	73.33	303.05
Cash Growth	9.45%	292.70%	-24.53%	40.42%	-75.80%	299.26%
Receivables	131.5	164.43	141.75	102.89	76.93	77.16
Prepaid Expenses	22.81	16.71	12.08	8.17	12.25	6.33
Restricted Cash	25.29	30.02	20.98	14.95	24.87	9.22
Other Current Assets	25.72	19.97	14.09	14.17	8.29	6.93
Total Current Assets	518.83	536.33	266.62	243.15	195.67	402.69
Property, Plant & Equipment	20.31	20.8	23.68	22.77	29.88	15.95
Goodwill	392.89	357.82	257.84	251.84	270.04	16.33
Other Intangible Assets	232.86	210.27	132.83	139.7	124.86	74.98
Long-Term Deferred Tax Assets	0.02	0.02	41.71	30.94	35.3	33.83
Long-Term Deferred Charges	37.91	37.65	33.71	28.18	12.56	11.74
Other Long-Term Assets	4.04	3.9	3.54	2.61	1.9	3.26
Total Assets	1,222	1,167	759.93	719.19	670.21	558.78
Accounts Payable	35.37	36.22	23.6	14.33	13	8.88
Accrued Expenses	86.43	90.1	85.75	73.23	67.79	58.35
Current Portion of Long-Term Debt	-	-	2.5	2.19	-	-
Current Portion of Leases	4.31	4.07	3.79	4.19	4.22	0.88
Current Income Taxes Payable	6.19	5.16	5.37	2.33	2.51	2.58
Current Unearned Revenue	333.64	339.33	290.14	268.85	237.34	207.56
Other Current Liabilities	50	62.51	29.63	38.09	44.27	13.72
Total Current Liabilities	515.94	537.38	440.78	403.21	369.13	291.97
Long-Term Debt	336.91	335.22	44.06	46.71	-	-
Long-Term Leases	10.15	12.6	16.62	20.43	24.39	0.23
Long-Term Unearned Revenue	5.41	4.84	2.58	10.29	11.67	14.7
Long-Term Deferred Tax Liabilities	7.95	9.92	-	-	-	-
Other Long-Term Liabilities	81.02	87.49	2.91	8.83	34.94	22.55
Total Liabilities	957.39	987.44	506.95	489.47	440.12	329.44
Common Stock	0.16	0.16	0.15	0.15	0.15	0.15
Additional Paid-In Capital	304.18	278.39	275.16	244.82	222.62	206.54
Retained Earnings	-39.1	-53.32	-0.59	12.51	24.81	25.78
Comprehensive Income & Other	-0.76	-45.88	-21.74	-27.75	-17.5	-3.13
Shareholders' Equity	264.47	179.35	252.98	229.73	230.08	229.34
Total Liabilities & Equity	1,222	1,167	759.93	719.19	670.21	558.78
Total Debt	351.37	351.89	66.97	73.52	28.61	1.11
Net Cash (Debt)	-37.87	-46.68	10.75	29.46	44.73	301.94
Net Cash Growth	-	-	-63.50%	-34.14%	-85.19%	1136.61%
Net Cash Per Share	-0.24	-0.30	0.07	0.20	0.30	2.30
Filing Date Shares Outstanding	159.53	158.18	154.33	151.03	149.15	146.44
Total Common Shares Outstanding	159.47	157.15	153.65	150.32	149.09	146.44
Working Capital	2.89	-1.04	-174.16	-160.06	-173.46	110.72
Book Value Per Share	1.66	1.14	1.65	1.53	1.54	1.57
Tangible Book Value	-361.28	-388.74	-137.69	-161.81	-164.82	138.04
Tangible Book Value Per Share	-2.27	-2.47	-0.90	-1.08	-1.11	0.94
Machinery	25.7	21.68	29.68	46.9	49.61	49.08
Leasehold Improvements	20.51	20.1	20.66	20.93	20.96	20.91

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q