Vertex, Inc. VERX Customer Funds Obligations Current
Customer Funds Obligations Current at other companies
Other financials
Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept verx:CustomerFundsObligationsCurrent.
The official record: Vertex, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Vertex, Inc.'s customer funds obligations current?
- Vertex, Inc. (VERX) reported customer funds obligations current of $15.18M in Q1 2026.
- How has Vertex, Inc.'s customer funds obligations current changed year-over-year?
- Vertex, Inc.'s customer funds obligations current decreased by 50.4% year-over-year, from $30.63M to $15.18M.
- What is the long-term trend for Vertex, Inc.'s customer funds obligations current?
- Over 5 years (2020 to 2025), Vertex, Inc.'s customer funds obligations current has grown at a 18.7% compound annual growth rate (CAGR), from $9.24M to $21.8M.
- What does customer funds obligations current mean?
- This represents the liability associated with funds held on behalf of customers, often related to tax payments or regulatory filings processed through the company's platform. It signifies the volume of client capital flowing through the company's systems that must be remitted to taxing authorities. Monitoring this helps investors understand the scale of the company's payment processing operations and the associated fiduciary responsibilities.