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Vertex, Inc. VERX Pre-Tax Income

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Other financials

Income statement

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Revenue$196.6M+11.1%
Gross profit$124.9M+10.5%
Operating income-$10.6M-336%
Net income-$2.5M-123%

Balance sheet

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Cash & equivalents$252.5M-6.6%
Total debt$350.1M-0.3%
Total equity$246.5M+23.0%
Total assets$1.2B+5.2%

Cash flow

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Operating cash flow$38.0M+157%
CapEx$22.0M
Free cash flow$16.0M

Valuation

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Market cap$1.88B-56.3%
Enterprise value$1.97B-54.7%
P/E160.4×
P/S2.4×-3.6×

Profitability

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Gross margin64.3%-0.3pp
Operating margin-1.1%-2.4pp
Net margin-7.3%
FCF margin20.1%+18.4pp

Returns & leverage

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Return on equity-20.5%
Debt / equity1.4×-0.3×
Current ratio0.9×-0.1×

Where this comes from

Reported directly by Vertex, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Vertex, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-057207
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Total operating expenses135,475108,508
Income (loss) from operations(10,606)4,486
Interest income, net(957)(1,539)
Income (loss) before income taxes(9,649)6,025
Income tax benefit(7,139)(5,105)
Net income (loss)(2,510)11,130
Other comprehensive (income) loss:
Foreign currency translation adjustments, net of tax6,450(15,105)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Vertex, Inc.'s pre-tax income?
Vertex, Inc. (VERX) reported pre-tax income of -$9.65M in Q1 2026.
How has Vertex, Inc.'s pre-tax income changed year-over-year?
Vertex, Inc.'s pre-tax income decreased by 260.1% year-over-year, from $6.03M to -$9.65M.
What is the long-term trend for Vertex, Inc.'s pre-tax income?
Over 2 years (2021 to 2023), Vertex, Inc.'s pre-tax income has grown at a 135.0% compound annual growth rate (CAGR), from -$3.93M to -$21.67M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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