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Vertex, Inc. VERX Accounts Payable

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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:IncreaseDecreaseInAccountsPayable.

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 accounts payable?
Vertex, Inc. (VERX) reported accounts payable of -$1.97M in Q1 2026.
How has Vertex, Inc.'s accounts payable changed year-over-year?
Vertex, Inc.'s accounts payable increased by 82.6% year-over-year, from -$11.28M to -$1.97M.
What does accounts payable mean?
Tracks the net change in amounts owed to suppliers and vendors for goods and services purchased on credit. An increase in this metric can serve as a source of operating cash flow, reflecting the company's ability to manage payment terms with its supply chain.