Vertex, Inc. (VERX)

Vertex Cash Flow Statement

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

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
Net Income	-6.43	7.21	-52.73	-13.09	-12.3	-1.48
Depreciation & Amortization	105.49	100.67	86.74	74.46	61.15	44.78
Stock-Based Compensation	55.23	57.76	47.43	33.92	19.73	26.16
Other Adjustments	14.54	1.09	56.92	-1.3	6.48	1.9
Change in Receivables	-1.26	-12.88	-22.08	-45.22	-25.67	2.96
Changes in Accounts Payable	10.54	1.23	11.62	9.24	1.37	3.85
Changes in Accrued Expenses	8.88	2.96	-3.09	13.35	3.06	-0.53
Changes in Unearned Revenue	35.77	35.67	51.1	18.17	30.77	24.69
Changes in Other Operating Activities	-19.28	-13.51	-25.74	-15.2	-20.74	-12.05
Operating Cash Flow	188.71	165.54	164.82	74.33	63.85	90.29
Operating Cash Flow Growth	21.70%	0.44%	121.74%	16.42%	-29.29%	51.64%
Capital Expenditures	-99.5	-96.24	-65.77	-49.26	-45.53	-31.71
Purchases of Intangible Assets	-21.71	-21.72	-21.34	-18.97	-14.89	-11.66
Purchases of Investments	-7.5	-17.4	-15.99	-16.33	-16.52	-
Proceeds from Sale of Investments	-	11.61	16.71	18.39	5.36	-
Payments for Business Acquisitions	-21.97	-	-71.76	-	-0.47	-251.41
Investing Cash Flow	-158.18	-123.75	-158.15	-66.17	-72.05	-294.78
Long-Term Debt Issued	-	-	345	-	50	-
Long-Term Debt Repaid	-	-	-2.19	-46.88	-0.94	-
Net Long-Term Debt Issued (Repaid)	-	-	342.81	-46.88	49.06	-
Issuance of Common Stock	9.98	11.94	11.46	7.33	3.77	3.92
Repurchase of Common Stock	-20.04	-10.09	-	-	-	-
Net Common Stock Issued (Repurchased)	-10.06	1.85	11.46	7.33	3.77	3.92
Common Dividends Paid	-	-	-	-	-0.54	-2.7
Other Financing Activities	-46.2	-34.63	-74.42	-31.62	-15.2	-10.32
Financing Cash Flow	-65.46	-32.78	231.26	-26.48	17.09	-9.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1.4	3.21	-1.01	0.72	-0.35	-0.48
Net Cash Flow	-33.53	12.23	236.92	-17.6	8.54	-214.07
Free Cash Flow	89.21	69.31	99.05	25.07	18.32	58.58
Free Cash Flow Growth	28.72%	-30.03%	295.09%	36.88%	-68.73%	51.82%
FCF Margin	11.62%	9.26%	14.86%	4.38%	3.73%	13.77%
Free Cash Flow Per Share	0.61	0.88	1.53	0.46	0.12	0.40
Levered Free Cash Flow	35.46	37.99	344.94	-9.2	66.83	27.57
Unlevered Free Cash Flow	31.76	33	116.39	40.19	20.26	27.94

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q