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Vertex, Inc. VERX Income tax benefit realized from option exercises

Income tax benefit realized from option exercises at other companies

HNI logo
HNIHNI
$25K-94.1%
Vertex, Inc. logo
Vertex, Inc.VERX
$2.21M-65.0%
Kemper logo
KemperKMPR
$200K+300%
BancFirst Corporation logo
BancFirst CorporationBANF
$180K-56.8%
Photronics logo
PhotronicsPLAB
$780K+92.1%
NiSource logo
NiSourceNI
$1.28M+155%

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$1.77B-65.7%
Enterprise value$1.86B-64.4%
P/E151×
P/S2.3×-5.2×

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:EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions.

The official record: Vertex, Inc.’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex, Inc.'s income tax benefit realized from option exercises?
Vertex, Inc. (VERX) reported income tax benefit realized from option exercises of $2.21M in Q4 2025.
How has Vertex, Inc.'s income tax benefit realized from option exercises changed year-over-year?
Vertex, Inc.'s income tax benefit realized from option exercises decreased by 65.0% year-over-year, from $6.33M to $2.21M.
What is the long-term trend for Vertex, Inc.'s income tax benefit realized from option exercises?
Over 4 years (2021 to 2025), Vertex, Inc.'s income tax benefit realized from option exercises has grown at a -11.1% compound annual growth rate (CAGR), from $14.16M to $8.86M.
What does income tax benefit realized from option exercises mean?
This represents the tax benefit realized by the company when employees exercise stock options or vest restricted stock units. It reflects the difference between the tax deduction allowed for the intrinsic value of the equity at the time of exercise and the compensation expense previously recognized for financial reporting purposes.