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Vertex, Inc. VERX Other Nonoperating Expense

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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:ProvisionForOtherLosses.

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 other nonoperating expense?
Vertex, Inc. (VERX) reported other nonoperating expense of $936K in Q1 2026.
How has Vertex, Inc.'s other nonoperating expense changed year-over-year?
Vertex, Inc.'s other nonoperating expense increased by 387.5% year-over-year, from $192K to $936K.
What is the long-term trend for Vertex, Inc.'s other nonoperating expense?
Over 2 years (2022 to 2025), Vertex, Inc.'s other nonoperating expense has grown at a 271.2% compound annual growth rate (CAGR), from -$196K to $2.7M.
What does other nonoperating expense mean?
Reflects the estimated expenses or charges set aside for miscellaneous potential losses that do not fall under standard operating categories like bad debt or inventory write-downs. This metric serves as a catch-all for non-recurring or peripheral operational risks. Monitoring this helps identify unexpected volatility in the company's cost structure.