What is Vertex, Inc.'s capitalized software development costs?

Vertex, Inc. (VERX) reported capitalized software development costs of $5.66M in Q1 2026.

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

Vertex, Inc.'s capitalized software development costs decreased by 0.1% year-over-year, from $5.66M to $5.66M.

Revenue$196.6M+11.1%

Gross profit$124.9M+10.5%

Operating income-$10.6M-336%

Net income-$2.5M-123%

Cash & equivalents$252.5M-6.6%

Total debt$350.1M-0.3%

Total equity$246.5M+23.0%

Total assets$1.2B+5.2%

Operating cash flow$38.0M+157%

CapEx$22.0M—

Free cash flow$16.0M—

Market cap$1.8B-65.7%

Gross margin64.3%-0.3pp

Operating margin-1.1%-2.4pp

Net margin-7.3%—

FCF margin20.1%+18.4pp

Return on equity-20.5%—

Debt / equity1.4×-0.3×

Current ratio0.9×-0.1×

Reported directly by Vertex, Inc. in its filing.

Tagged under the XBRL concept verx:CapitalizedSoftwareDevelopmentCosts.

The official record: Vertex, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

What is Vertex, Inc.'s capitalized software development costs?: Vertex, Inc. (VERX) reported capitalized software development costs of $5.66M in Q1 2026.
How has Vertex, Inc.'s capitalized software development costs changed year-over-year?: Vertex, Inc.'s capitalized software development costs decreased by 0.1% year-over-year, from $5.66M to $5.66M.