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Vertex, Inc. VERX Software amortization expense

Software amortization expense at other companies

First Financial Bankshares logo
First Financial BanksharesFFIN
$4.59M+23.1%
John Wiley & Sons, Inc. logo
John Wiley & Sons, Inc.WLYB
$15.44M-5.5%
Virtu Financial logo
Virtu FinancialVIRT
$11.18M+8.2%
Equitable Holdings logo
Equitable HoldingsEQH
$8.75M-14.6%
Schneider National logo
Schneider NationalSNDR
$5.88M-8.9%
Whirlpool logo
WhirlpoolWHR
$1.25M0.0%

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:CapitalizedComputerSoftwareAmortization1.

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 software amortization expense?
Vertex, Inc. (VERX) reported software amortization expense of $5.88M in Q1 2026.
How has Vertex, Inc.'s software amortization expense changed year-over-year?
Vertex, Inc.'s software amortization expense increased by 1.6% year-over-year, from $5.79M to $5.88M.
What is the long-term trend for Vertex, Inc.'s software amortization expense?
Over 4 years (2021 to 2025), Vertex, Inc.'s software amortization expense has grown at a 14.9% compound annual growth rate (CAGR), from $12.96M to $22.59M.
What does software amortization expense mean?
The periodic expense recognized for the amortization of capitalized internal-use software development costs. This reflects the gradual consumption of software assets that provide long-term economic value to the business. High levels of this metric relative to total R&D spending can indicate a mature software product lifecycle.