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Vertex, Inc. VERX Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets 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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 prepaid expense and other assets?
Vertex, Inc. (VERX) reported increase (decrease) in prepaid expense and other assets of $21.45M in Q1 2026.
How has Vertex, Inc.'s increase (decrease) in prepaid expense and other assets changed year-over-year?
Vertex, Inc.'s increase (decrease) in prepaid expense and other assets increased by 62.9% year-over-year, from $13.17M to $21.45M.
What does increase (decrease) in prepaid expense and other assets mean?
Captures the net change in payments made in advance for goods or services to be received in future periods. This metric provides insight into the company's near-term cash outflows and the timing of expense recognition relative to cash payments.