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Vertex, Inc. VERX Increase (decrease) in contract liabilities and current deferred income

Increase (decrease) in contract liabilities and current deferred income at other companies

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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:IncreaseDecreaseInContractWithCustomerLiability.

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 increase (decrease) in contract liabilities and current deferred income?
Vertex, Inc. (VERX) reported increase (decrease) in contract liabilities and current deferred income of $11.25M in Q1 2026.
How has Vertex, Inc.'s increase (decrease) in contract liabilities and current deferred income changed year-over-year?
Vertex, Inc.'s increase (decrease) in contract liabilities and current deferred income increased by 0.8% year-over-year, from $11.16M to $11.25M.
What is the long-term trend for Vertex, Inc.'s increase (decrease) in contract liabilities and current deferred income?
Over 2 years (2021 to 2024), Vertex, Inc.'s increase (decrease) in contract liabilities and current deferred income has grown at a 48.2% compound annual growth rate (CAGR), from $24.69M to $54.22M.
What does increase (decrease) in contract liabilities and current deferred income mean?
Represents the net change in obligations to provide goods or services to customers for which payment has already been received or is due. An increase is a positive indicator of future revenue recognition and strong customer demand for the company's offerings.