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Vertex, Inc. VERX Capitalized Software Additions

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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$1.8B-65.7%

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 verx:CapitalizedSoftwareAdditions.

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 capitalized software additions?
Vertex, Inc. (VERX) reported capitalized software additions of $5.66M in Q1 2026.
How has Vertex, Inc.'s capitalized software additions changed year-over-year?
Vertex, Inc.'s capitalized software additions decreased by 0.1% year-over-year, from $5.66M to $5.66M.
What is the long-term trend for Vertex, Inc.'s capitalized software additions?
Over 2 years (2022 to 2025), Vertex, Inc.'s capitalized software additions has grown at a 20.8% compound annual growth rate (CAGR), from $14.89M to $21.72M.
What does capitalized software additions mean?
This reflects cash spent on the development or acquisition of internal-use software and platform enhancements that are capitalized rather than expensed. It serves as a key indicator of the company's commitment to R&D and the long-term evolution of its tax compliance software suite.