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Vertex, Inc. VERX Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions

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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:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions.

The official record: Vertex, Inc.’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex, Inc.'s unrecognized tax benefits increases resulting from current period tax positions?
Vertex, Inc. (VERX) reported unrecognized tax benefits increases resulting from current period tax positions of $96.75K in Q4 2025.
How has Vertex, Inc.'s unrecognized tax benefits increases resulting from current period tax positions changed year-over-year?
Vertex, Inc.'s unrecognized tax benefits increases resulting from current period tax positions increased by 6.9% year-over-year, from $90.5K to $96.75K.
What is the long-term trend for Vertex, Inc.'s unrecognized tax benefits increases resulting from current period tax positions?
Over 2 years (2023 to 2025), Vertex, Inc.'s unrecognized tax benefits increases resulting from current period tax positions has grown at a 34.2% compound annual growth rate (CAGR), from $215K to $387K.
What does unrecognized tax benefits increases resulting from current period tax positions mean?
Represents the increase in liabilities for uncertain tax positions taken or expected to be taken in tax returns for the current reporting period. This metric reflects the potential tax exposure arising from new business activities or changes in tax interpretations during the current fiscal year. Investors monitor this to assess the company's tax risk profile and the aggressiveness of its current tax planning strategies.