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Vertex, Inc. VERX Increase Decrease In Customer Funds Obligations

Increase Decrease In Customer Funds Obligations 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 verx:IncreaseDecreaseInCustomerFundsObligations.

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 customer funds obligations?
Vertex, Inc. (VERX) reported increase decrease in customer funds obligations of -$6.62M in Q1 2026.
How has Vertex, Inc.'s increase decrease in customer funds obligations changed year-over-year?
Vertex, Inc.'s increase decrease in customer funds obligations decreased by 305.2% year-over-year, from $3.23M to -$6.62M.
What does increase decrease in customer funds obligations mean?
The net change in liabilities representing funds held on behalf of customers, often associated with payment processing or escrow services. This metric tracks the movement of client-owned capital managed by the company within its operational ecosystem.