Vertex, Inc. VERX Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.
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 provision for credit losses?
- Vertex, Inc. (VERX) reported provision for credit losses of $936K in Q1 2026.
- How has Vertex, Inc.'s provision for credit losses changed year-over-year?
- Vertex, Inc.'s provision for credit losses increased by 347.8% year-over-year, from $209K to $936K.
- What is the long-term trend for Vertex, Inc.'s provision for credit losses?
- Over 4 years (2021 to 2025), Vertex, Inc.'s provision for credit losses has grown at a 53.7% compound annual growth rate (CAGR), from $454K to $2.54M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.