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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%
Enterprise value$1.9B-64.4%
P/E153.9×
P/S2.3×-5.3×

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?
Costs incurred for the development or acquisition of software that are capitalized as intangible assets rather than expensed immediately. This metric provides insight into the company's investment in proprietary technology and long-term product development.