What is Vertex, Inc.'s capitalized software licenses?

Vertex, Inc. (VERX) reported capitalized software licenses of $35.25M in Q1 2026.

How has Vertex, Inc.'s capitalized software licenses changed year-over-year?

Vertex, Inc.'s capitalized software licenses decreased by 2.7% year-over-year, from $36.22M to $35.25M.

What is the long-term trend for Vertex, Inc.'s capitalized software licenses?

Over 5 years (2020 to 2025), Vertex, Inc.'s capitalized software licenses has grown at a 2.1% compound annual growth rate (CAGR), from $31.99M to $35.48M.

Vertex, Inc. VERX Capitalized software licenses

Capitalized software licenses at other companies

Tyler TechnologiesTYL

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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 us-gaap:CapitalizedComputerSoftwareNet.

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 licenses?: Vertex, Inc. (VERX) reported capitalized software licenses of $35.25M in Q1 2026.
How has Vertex, Inc.'s capitalized software licenses changed year-over-year?: Vertex, Inc.'s capitalized software licenses decreased by 2.7% year-over-year, from $36.22M to $35.25M.
What is the long-term trend for Vertex, Inc.'s capitalized software licenses?: Over 5 years (2020 to 2025), Vertex, Inc.'s capitalized software licenses has grown at a 2.1% compound annual growth rate (CAGR), from $31.99M to $35.48M.