Vertex, Inc. (VERX)
NASDAQ: VERX · Real-Time Price · USD
12.92
-0.85 (-6.17%)
Sep 8, 2026, 4:00 PM EDT - Market closed
Vertex Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 230.49 | 314.01 | 296.05 | 68.18 | 91.8 | 73.33 |
Short-Term Investments | - | - | 9.16 | 9.55 | 11.17 | - |
Cash & Short-Term Investments | 230.49 | 314.01 | 305.21 | 77.72 | 102.98 | 73.33 |
Cash Growth | -18.95% | 2.88% | 292.70% | -24.53% | 40.42% | -75.80% |
Receivables | 153.43 | 183.45 | 164.43 | 141.75 | 102.89 | 76.93 |
Prepaid Expenses | 9.9 | 14.3 | 16.71 | 12.08 | 8.17 | 12.25 |
Restricted Cash | 26.5 | 24.29 | 30.02 | 20.98 | 14.95 | 24.87 |
Other Current Assets | 71.63 | 24.67 | 19.97 | 14.09 | 14.17 | 8.29 |
Total Current Assets | 491.95 | 560.71 | 536.33 | 266.62 | 243.15 | 195.67 |
Property, Plant & Equipment | 18.25 | 20.26 | 20.8 | 23.68 | 22.77 | 29.88 |
Long-Term Investments | 15 | 15 | - | - | - | - |
Goodwill | 400.34 | 392.49 | 357.82 | 257.84 | 251.84 | 270.04 |
Other Intangible Assets | 247.24 | 238.14 | 210.27 | 132.83 | 139.7 | 124.86 |
Long-Term Deferred Tax Assets | 0.13 | 0.09 | 0.02 | 41.71 | 30.94 | 35.3 |
Long-Term Deferred Charges | 33.8 | 40.43 | 37.65 | 33.71 | 28.18 | 12.56 |
Other Long-Term Assets | 3.45 | 3.73 | 3.9 | 3.54 | 2.61 | 1.9 |
Total Assets | 1,210 | 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 | Jun '26 Jun 30, 2026 | 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 |
Accounts Payable | 37.31 | 37.56 | 36.22 | 23.6 | 14.33 | 13 |
Accrued Expenses | 76.38 | 95.13 | 90.1 | 85.75 | 73.23 | 67.79 |
Current Portion of Long-Term Debt | - | - | - | 2.5 | 2.19 | - |
Current Portion of Leases | 4.5 | 4.34 | 4.07 | 3.79 | 4.19 | 4.22 |
Current Income Taxes Payable | 6.34 | 7.1 | 5.16 | 5.37 | 2.33 | 2.51 |
Current Unearned Revenue | 382.15 | 382.84 | 339.33 | 290.14 | 268.85 | 237.34 |
Other Current Liabilities | 57.74 | 47.7 | 62.51 | 29.63 | 38.09 | 44.27 |
Total Current Liabilities | 564.42 | 574.66 | 537.38 | 440.78 | 403.21 | 369.13 |
Long-Term Debt | 338.61 | 337.48 | 335.22 | 44.06 | 46.71 | - |
Long-Term Leases | 6.81 | 8.96 | 12.6 | 16.62 | 20.43 | 24.39 |
Long-Term Unearned Revenue | 4.75 | 5.21 | 4.84 | 2.58 | 10.29 | 11.67 |
Long-Term Deferred Tax Liabilities | 13.17 | 5.66 | 9.92 | - | - | - |
Other Long-Term Liabilities | 41.28 | 79.95 | 87.49 | 2.91 | 8.83 | 34.94 |
Total Liabilities | 969.04 | 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 | Jun '26 Jun 30, 2026 | 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 |
Common Stock | 0.16 | 0.16 | 0.16 | 0.15 | 0.15 | 0.15 |
Additional Paid-In Capital | 347.77 | 316.33 | 278.39 | 275.16 | 244.82 | 222.62 |
Retained Earnings | -39.57 | -46.1 | -53.32 | -0.59 | 12.51 | 24.81 |
Treasury Stock | -56.7 | -10.09 | - | - | - | - |
Comprehensive Income & Other | -10.56 | -1.37 | -45.88 | -21.74 | -27.75 | -17.5 |
Shareholders' Equity | 241.11 | 258.92 | 179.35 | 252.98 | 229.73 | 230.08 |
Total Liabilities & Equity | 1,210 | 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 | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 349.92 | 350.77 | 351.89 | 66.97 | 73.52 | 28.61 |
Net Cash (Debt) | -119.43 | -36.76 | -46.68 | 10.75 | 29.46 | 44.73 |
Net Cash Growth | - | - | - | -63.50% | -34.14% | -85.19% |
Net Cash Per Share | -0.73 | -0.23 | -0.30 | 0.07 | 0.20 | 0.30 |
Filing Date Shares Outstanding | 162.22 | 159.45 | 158.18 | 154.33 | 151.03 | 149.15 |
Total Common Shares Outstanding | 157.68 | 159.23 | 157.15 | 153.65 | 150.32 | 149.09 |
Working Capital | -72.47 | -13.96 | -1.04 | -174.16 | -160.06 | -173.46 |
Book Value Per Share | 1.53 | 1.63 | 1.14 | 1.65 | 1.53 | 1.54 |
Tangible Book Value | -406.48 | -371.71 | -388.74 | -137.69 | -161.81 | -164.82 |
Tangible Book Value Per Share | -2.58 | -2.33 | -2.47 | -0.90 | -1.08 | -1.11 |
Machinery | 25.17 | 23.61 | 21.68 | 29.68 | 46.9 | 49.61 |
Leasehold Improvements | 20.41 | 20.4 | 20.1 | 20.66 | 20.93 | 20.96 |