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Vertex, Inc. VERX Effect of exchange rate changes on cash, cash equivalents and restricted cash

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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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

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 effect of exchange rate changes on cash, cash equivalents and restricted cash?
Vertex, Inc. (VERX) reported effect of exchange rate changes on cash, cash equivalents and restricted cash of -$505K in Q1 2026.
How has Vertex, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash changed year-over-year?
Vertex, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash decreased by 138.5% year-over-year, from $1.31M to -$505K.
What is the long-term trend for Vertex, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash?
Over 2 years (2021 to 2024), Vertex, Inc.'s effect of exchange rate changes on cash, cash equivalents and restricted cash has grown at a 44.6% compound annual growth rate (CAGR), from -$484K to -$1.01M.
What does effect of exchange rate changes on cash, cash equivalents and restricted cash mean?
Captures the impact of fluctuations in foreign currency exchange rates on the reported value of cash and cash equivalents held in non-functional currencies. This metric highlights the company's exposure to international currency volatility.