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Vertex, Inc. VERX Finance Lease Principal Payments

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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$1.77B-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:FinanceLeasePrincipalPayments.

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 finance lease principal payments?
Vertex, Inc. (VERX) reported finance lease principal payments of $20K in Q1 2026.
How has Vertex, Inc.'s finance lease principal payments changed year-over-year?
Vertex, Inc.'s finance lease principal payments increased by 66.7% year-over-year, from $12K to $20K.
What is the long-term trend for Vertex, Inc.'s finance lease principal payments?
Over 2 years (2023 to 2025), Vertex, Inc.'s finance lease principal payments has grown at a -14.1% compound annual growth rate (CAGR), from $103K to $76K.
What does finance lease principal payments mean?
Represents the cash outflows used to reduce the outstanding principal balance of finance lease obligations. This metric reflects the company's commitment to servicing long-term lease liabilities for assets essential to operations.