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Vertex, Inc. VERX Business Segments — General And Administrative 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$1.88B-56.3%
Enterprise value$1.97B-54.7%
P/E160.4×
P/S2.4×-3.6×

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:GeneralAndAdministrativeExpense.

The source filing: Vertex, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-057207
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025
Cost of revenues – services20,60119,823
Research & development24,55020,886
Selling & marketing52,63548,155
General & administrative54,33945,028
Depreciation & amortization6,4425,880
Change in fair value of acquisition contingent earn-outs(5,738)(14,700)
Other segment items (1)3,2473,259
Interest income, net(957)(1,539)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Vertex, Inc.'s business segments — general and administrative expense?
Vertex, Inc. (VERX) reported business segments — general and administrative expense of $54.34M in Q1 2026.
How has Vertex, Inc.'s business segments — general and administrative expense changed year-over-year?
Vertex, Inc.'s business segments — general and administrative expense increased by 20.7% year-over-year, from $45.03M to $54.34M.
What is the long-term trend for Vertex, Inc.'s business segments — general and administrative expense?
Over 3 years (2022 to 2025), Vertex, Inc.'s business segments — general and administrative expense has grown at a 13.7% compound annual growth rate (CAGR), from $121.65M to $178.69M.
What does business segments — general and administrative expense mean?
This metric includes the overhead costs required to support the company's operations, such as executive management, legal, human resources, and finance functions. It provides insight into the company's operational efficiency and the scalability of its corporate infrastructure.

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