Vertex, Inc. (VERX)

Vertex Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	252.46	314.01	296.05	68.18	91.8	73.33
Short-Term Investments	-	-	9.16	9.55	11.17	-
Cash & Short-Term Investments	252.46	314.01	305.21	77.72	102.98	73.33
Cash Growth	-6.64%	2.88%	292.70%	-24.53%	40.42%	-75.80%
Accounts Receivable	159	183.45	164.43	141.75	102.89	76.93
Other Current Assets	77.06	63.25	66.69	47.15	37.29	45.41
Total Current Assets	488.51	560.71	536.33	266.62	243.15	195.67
Net Property, Plant & Equipment	229.24	219.41	189.52	142.44	118.28	118.64
Other Intangible Assets	35.25	35.48	36.35	38.77	39.01	35.44
Goodwill	405.36	396.01	363.02	260.24	257.02	272.7
Long-Term Investments	15	15	-	-	-	-
Other Long-Term Assets	41.01	44.24	41.57	33.19	60.63	49.75
Total Assets	1,214	1,271	1,167	759.93	719.19	670.21

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	35.63	37.56	36.22	23.6	14.33	13
Accrued Expenses	85.49	102.23	95.26	91.12	72.75	40.13
Current Portion of Long-Term Debt	-	-	-	2.5	2.19	-
Current Portion of Leases	4.37	4.34	4.07	3.79	4.19	4.22
Unearned Revenue	393.11	382.84	339.33	290.14	268.85	237.34
Other Current Liabilities	47.98	47.7	62.51	29.63	40.9	70.24
Total Current Liabilities	566.58	574.66	537.38	440.78	403.21	369.13
Long-Term Debt	338.04	337.48	335.22	44.06	46.71	24.32
Long-Term Leases	7.73	8.91	12.64	16.62	20.43	19.49
Other Long-Term Liabilities	55.52	90.82	102.25	5.49	19.12	27.19
Total Long-Term Liabilities	401.29	437.21	450.11	66.17	86.26	70.99
Total Liabilities	967.86	1,012	987.44	506.95	489.47	440.12

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.16	0.16	0.16	0.15	0.15	0.15
Treasury Stock	-30.14	-10.09	-	-	-	-
Additional Paid-in Capital	332.91	316.33	278.39	275.16	244.82	222.62
Accumulated Other Comprehensive Income	-7.82	-1.37	-45.88	-21.74	-27.75	-17.5
Retained Earnings	-48.61	-46.1	-53.32	-0.59	12.51	24.81
Shareholders' Equity	246.5	258.92	179.35	252.98	229.73	230.08
Total Liabilities & Equity	1,214	1,271	1,167	759.93	719.19	670.21

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	350.14	350.73	351.93	66.97	73.52	48.02
Net Cash (Debt)	-97.69	-36.72	-46.72	10.75	29.46	25.31
Net Cash Growth	-	-	-	-63.50%	16.40%	-91.62%
Net Cash Per Share	-0.76	-0.47	-0.72	0.20	0.19	0.17
Book Value	246.5	258.92	179.35	252.98	229.73	230.08
Book Value Per Share	1.92	3.30	2.77	4.62	1.49	1.56
Tangible Book Value	-194.1	-172.57	-220.02	-46.03	-66.31	-78.06
Tangible Book Value Per Share	-1.51	-2.20	-3.40	-0.84	-0.43	-0.53

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 7, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 26, 2026

Data Sources Report a data error