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Vertex, Inc. VERX Business Segments — Transaction Costs
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Where this comes from
Reported directly by Vertex, Inc. in its filing.
Tagged under the XBRL concept verx:TransactionCosts.
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 item | For the three months ended March 31, 2026 | For the three months ended March 31, 2025 |
|---|---|---|
| Severance expense (2) | 7,408 | 457 |
| Change in fair value of acquisition contingent earn-outs | (5,738) | (14,700) |
| Acquisition-related retained employee compensation (3) | 417 | — |
| Transaction costs (4) | 5,984 | 2,660 |
| Adjusted EBITDA (Non-GAAP) | $44,063 | $37,219 |
| (1) Other segment items include professional fees, contracted labor, transaction costs, acquisition related earn-out adjustments and foreign currency exchange gains (losses). | ||
| (2) The three months ended March 31, 2026 includes $6,170 in severance costs related to the Value Creation Plan. For further information, refer to Note 15, “Restructuring” to the condensed consolidated financial statements. | ||
| (3) The three months ended March 31, 2026 includes compensation expense recognized related to the Additional Cash Consideration obligation associated with the acquisition of Brinta. For further information, refer to Note 3, “Acquisitions” to the condensed consolidated financial statements. |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Vertex, Inc.'s business segments — transaction costs?
- Vertex, Inc. (VERX) reported business segments — transaction costs of -$5.98M in Q1 2026.
- What does business segments — transaction costs mean?
- This metric includes professional fees, legal expenses, and other direct costs incurred in connection with business combinations or strategic transactions. It reflects the friction costs associated with executing growth strategies through M&A. Monitoring these costs helps investors assess the efficiency of the company's capital deployment and deal-making processes.
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