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Vertex, Inc. VERX Long-Term Debt

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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:LongTermDebtNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Purchase commitment and contingent consideration liabilities, current32,80025,900
Total current liabilities566,576574,663
Deferred revenue, net of current portion5,2905,209
Debt, net of current portion338,041337,477
Operating lease liabilities, net of current portion7,6868,903
Finance lease liabilities, net of current portion4654
Purchase commitment and contingent consideration liabilities, net of current portion41,30079,600
Deferred income tax liabilities8,9255,664

Item 1. FINANCIAL STATEMENTS

FAQ

What is Vertex, Inc.'s long-term debt?
Vertex, Inc. (VERX) reported long-term debt of $338.04M in Q1 2026.
How has Vertex, Inc.'s long-term debt changed year-over-year?
Vertex, Inc.'s long-term debt increased by 0.7% year-over-year, from $335.78M to $338.04M.
What is the long-term trend for Vertex, Inc.'s long-term debt?
Over 4 years (2020 to 2025), Vertex, Inc.'s long-term debt has grown at a 522.3% compound annual growth rate (CAGR), from $225K to $337.48M.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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