Vertex, Inc. (VERX) quarterly balance sheet — complete assets, liabilities & equity history
Vertex, Inc. (VERX) balance sheet — 8-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 442.72M | 491.94M | 488.51M | 560.71M | 518.83M | 502.73M | 504.96M | 536.33M | 476.62M | 514.81M | 266.84M | 266.62M | 238.1M | 234.34M | 231.44M | 243.15M | 219.36M | 224.35M | 220.56M | 195.67M |
| Cash & Short-Term Investments | 217.8M | 230.49M | 252.46M | 314.01M | 313.51M | 284.39M | 270.39M | 305.21M | 286.44M | 334.19M | 65.23M | 77.72M | 57.83M | 53.07M | 80.17M | 102.98M | 78.5M | 92.5M | 97.34M | 73.33M |
| Cash Only | 217.8M | 230.49M | 252.46M | 314.01M | 313.51M | 284.39M | 270.39M | 296.05M | 278.98M | 325.54M | 56.13M | 68.17M | 49.5M | 41.87M | 68.64M | 91.8M | 72.37M | 85.55M | 97.34M | 73.33M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.16M | 7.46M | 8.65M | 9.1M | 9.54M | 8.33M | 11.2M | 11.52M | 11.17M | 6.13M | 6.94M | 0 | 0 |
| Accounts Receivable | 155.04M | 153.43M | 159M | 183.45M | 131.5M | 143.66M | 152.34M | 164.43M | 129.91M | 120.08M | 133.15M | 141.75M | 129.02M | 129.09M | 102.76M | 102.89M | 94.53M | 88.96M | 75.81M | 76.93M |
| Days Sales Outstanding | 66.53 | 69.69 | 78.36 | 74.41 | 65.89 | 72.97 | 80.51 | 75.87 | 67.47 | 71.52 | 79.78 | 80.4 | 81.87 | 75.52 | 69.71 | 69.25 | 66.86 | 62.85 | 59.77 | 61.86 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 33.43M | 33.05M | 24.11M | 28.95M | 51.01M | 30.46M | 37.38M | 34.1M | 30.4M | 39.4M | 40.54M | 24.97M | 31.62M | 30.16M | 25.97M | 14.95M | 23.84M | 19.93M | 25.9M | 24.87M |
| Total Non-Current Assets | 725.31M | 718.2M | 725.86M | 710.13M | 703.03M | 695.46M | 649.18M | 630.46M | 714.22M | 509.02M | 488.97M | 493.31M | 481.96M | 490.73M | 494.08M | 476.05M | 457.95M | 465.4M | 476.95M | 474.54M |
| Property, Plant & Equipment | 225.56M | 228.84M | 229.24M | 219.41M | 213.15M | 206.38M | 196.75M | 189.51M | 191.15M | 121.47M | 114.37M | 115.34M | 115.6M | 115.48M | 133.91M | 118.28M | 127.21M | 125.53M | 121.87M | 118.64M |
| Fixed Asset Turnover | 0.94x | 0.89x | 0.88x | 0.90x | 0.92x | 0.92x | 0.92x | 0.94x | 1.09x | 1.37x | 1.37x | 1.34x | 1.26x | 1.12x | 1.05x | 1.07x | 1.00x | 0.96x | 0.96x | 0.94x |
| Goodwill | 400.59M | 400.34M | 402.43M | 396.01M | 392.89M | 392.62M | 369.44M | 357.82M | 382.45M | 251.18M | 253.97M | 257.84M | 250.96M | 255.87M | 254.9M | 251.84M | 239.35M | 248.72M | 270.04M | 270.04M |
| Intangible Assets | 0 | 36.65M | 38.18M | 35.48M | 40.02M | 40.35M | 41.09M | 41.55M | 43.13M | 38.84M | 40.25M | 41.17M | 42.38M | 43.18M | 43.2M | 44.19M | 44.5M | 45.2M | 35.65M | 36.1M |
| Long-Term Investments | 15M | 15M | 15M | 15M | 15M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 81.89M | 37.24M | 40.88M | 44.15M | 41.94M | 41.09M | 41.89M | 41.55M | 36.3M | 35.63M | 36.08M | 37.25M | 32.47M | 33.35M | 18.54M | 30.8M | 16.18M | 14.76M | 14.84M | 14.46M |
| Total Assets | 1.17B | 1.21B | 1.21B | 1.27B | 1.22B | 1.2B | 1.15B | 1.17B | 1.19B | 1.02B | 755.8M | 759.93M | 720.07M | 725.07M | 725.52M | 719.19M | 677.31M | 689.75M | 697.51M | 670.21M |
| Asset Turnover | 0.18x | 0.17x | 0.16x | 0.16x | 0.16x | 0.16x | 0.15x | 0.15x | 0.15x | 0.18x | 0.21x | 0.21x | 0.20x | 0.19x | 0.18x | 0.19x | 0.18x | 0.17x | 0.17x | 0.17x |
| Asset Growth % | -4.41% | 1% | 5.22% | 8.92% | 2.6% | 17.03% | 52.7% | 53.54% | 65.38% | 41.2% | 4.17% | 5.66% | 6.31% | 5.12% | 4.02% | 7.31% | 4.87% | 13.16% | 24.93% | 19.94% |
| Total Current Liabilities | 593.46M | 564.42M | 566.58M | 574.66M | 515.94M | 506.32M | 513.11M | 537.38M | 457.92M | 439.07M | 442.5M | 440.78M | 433.11M | 430.9M | 421.95M | 403.21M | 373.97M | 368.88M | 356.56M | 369.13M |
| Accounts Payable | 28.77M | 37.31M | 35.63M | 37.56M | 35.37M | 30.44M | 24.98M | 36.22M | 29.23M | 24.22M | 22.43M | 23.6M | 24.38M | 22.01M | 17.42M | 14.33M | 13.05M | 17.71M | 14.58M | 13M |
| Days Payables Outstanding | 41.6 | 45.67 | 41.28 | 44.39 | 42.76 | 39.8 | 42.98 | 49.08 | 41.04 | 36.34 | 34.34 | 35.99 | 37.52 | 33.3 | 27.61 | 25.46 | 27.93 | 30.52 | 27.66 | 24.98 |
| Short-Term Debt | 0 | 0 | 0 | 4.28M | 4.31M | 0 | 0 | 0 | 0 | 0 | 2.5M | 2.5M | 2.5M | 2.5M | 2.5M | 2.19M | 1.88M | 1.56M | 1.25M | 0 |
| Deferred Revenue (Current) | 374.54M | 382.15M | 393.11M | 382.84M | 333.64M | 341.75M | 349.76M | 339.33M | 300.62M | 297.31M | 296.85M | 290.14M | 264.79M | 274.09M | 276M | 268.85M | 242.64M | 243.81M | 235.24M | 237.34M |
| Other Current Liabilities | 64.64M | 85.29M | 64.66M | 91.4M | 83.6M | 72.81M | 74.38M | 108.01M | 59.45M | 58.64M | 61.62M | 63.74M | 70.19M | 59.46M | 51.77M | 64.63M | 67.32M | 58.96M | 59.79M | 74.4M |
| Current Ratio | 0.75x | 0.87x | 0.86x | 0.98x | 1.01x | 0.99x | 0.98x | 1.00x | 1.04x | 1.17x | 0.60x | 0.60x | 0.55x | 0.54x | 0.55x | 0.60x | 0.59x | 0.61x | 0.62x | 0.53x |
| Quick Ratio | 0.75x | 0.87x | 0.86x | 0.98x | 1.01x | 0.99x | 0.98x | 1.00x | 1.04x | 1.17x | 0.60x | 0.60x | 0.55x | 0.54x | 0.55x | 0.60x | 0.59x | 0.61x | 0.62x | 0.53x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 394.41M | 404.62M | 401.29M | 437.25M | 441.45M | 443.82M | 440.54M | 450.06M | 473.89M | 351.63M | 63.17M | 66.17M | 66.79M | 68.45M | 80.09M | 86.26M | 89.3M | 100.24M | 108.11M | 70.99M |
| Long-Term Debt | 339.17M | 338.61M | 338.04M | 346.38M | 336.91M | 336.35M | 335.78M | 335.22M | 334.66M | 334.09M | 43.46M | 44.06M | 44.86M | 45.48M | 46.09M | 46.71M | 47.32M | 47.94M | 48.55M | 0 |
| Capital Lease Obligations | 5.78M | 6.81M | 7.73M | 8.96M | 10.15M | 11.25M | 11.46M | 12.6M | 13.59M | 14.43M | 15.56M | 16.62M | 17.51M | 18.33M | 20.06M | 20.43M | 21.45M | 22.41M | 23.43M | 24.39M |
| Deferred Tax Liabilities | 1.21M | 13.17M | 8.93M | 5.66M | 7.95M | 9.37M | 9.37M | 9.92M | 16.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 43.61M | 41.28M | 41.3M | 71.04M | 81.02M | 81.36M | 78.79M | 87.49M | 105.67M | 670K | 0 | 2.91M | 2.39M | 1.69M | 6.83M | 8.83M | 9.43M | 18.63M | 25.65M | 34.94M |
| Total Liabilities | 987.87M | 969.04M | 967.86M | 1.01B | 957.39M | 950.15M | 953.65M | 987.44M | 931.81M | 790.7M | 505.67M | 506.95M | 499.9M | 499.36M | 502.04M | 489.47M | 463.27M | 469.12M | 464.68M | 440.12M |
| Total Debt | 349.94M | 349.92M | 350.14M | 359.62M | 351.37M | 351.89M | 351.37M | 351.89M | 352.19M | 352.41M | 65.22M | 66.97M | 69.16M | 70.82M | 71.87M | 73.52M | 75.9M | 78.59M | 77.66M | 28.61M |
| Net Debt | 132.14M | 119.43M | 97.69M | 45.61M | 37.87M | 67.5M | 80.97M | 55.84M | 73.22M | 26.88M | 9.08M | -1.21M | 19.66M | 28.96M | 3.22M | -18.29M | 3.53M | -6.97M | -19.68M | -44.73M |
| Debt / Equity | 1.94x | 1.45x | 1.42x | 1.39x | 1.33x | 1.42x | 1.75x | 1.96x | 1.36x | 1.51x | 0.26x | 0.26x | 0.31x | 0.31x | 0.32x | 0.32x | 0.35x | 0.36x | 0.33x | 0.12x |
| Debt / EBITDA | 10.65x | 13.44x | 13.93x | 12.57x | 11.60x | 17.10x | 12.66x | 38.27x | 13.54x | 12.18x | 3.20x | 3.76x | 4.00x | 5.13x | 8.97x | 5.91x | 5.45x | 5.89x | 5.81x | 2.22x |
| Net Debt / EBITDA | 4.02x | 4.59x | 3.89x | 1.59x | 1.25x | 3.28x | 2.92x | 6.07x | 2.81x | 0.93x | 0.45x | -0.07x | 1.14x | 2.10x | 0.40x | -1.47x | 0.25x | -0.52x | -1.47x | -3.48x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | 41.69x | -5.47x | -0.62x | -3.38x | - | - | -3.49x | -2.41x | -5.93x | - | -0.04x |
| Total Equity | 180.16M | 241.11M | 246.5M | 258.92M | 264.47M | 248.04M | 200.49M | 179.35M | 259.03M | 233.13M | 250.13M | 252.98M | 220.17M | 225.72M | 223.47M | 229.72M | 214.04M | 220.63M | 232.83M | 230.08M |
| Equity Growth % | -31.88% | -2.8% | 22.95% | 44.36% | 2.1% | 6.4% | -19.85% | -29.1% | 17.65% | 3.29% | 11.93% | 10.12% | 2.86% | 2.3% | -4.02% | -0.16% | -4.54% | -3.16% | 2.76% | 0.32% |
| Book Value per Share | 1.11 | 1.49 | 1.41 | 1.48 | 1.63 | 1.56 | 1.26 | 1.14 | 1.79 | 1.35 | 1.56 | 1.62 | 1.45 | 1.49 | 1.48 | 1.53 | 1.43 | 1.48 | 1.56 | 1.55 |
| Total Shareholders' Equity | 180.16M | 241.11M | 246.5M | 258.92M | 264.47M | 248.04M | 200.49M | 179.35M | 259.03M | 233.13M | 250.13M | 252.98M | 220.17M | 225.72M | 223.47M | 229.72M | 214.04M | 220.63M | 232.83M | 230.08M |
| Common Stock | 161K | 161K | 161K | 159K | 159K | 159K | 158K | 157K | 156K | 155K | 155K | 154K | 153K | 152K | 151K | 150K | 150K | 149K | 149K | 149K |
| Retained Earnings | -86.2M | -39.57M | -48.61M | -46.1M | -39.1M | -43.15M | -42.19M | -53.31M | 14.48M | 7.26M | 2.1M | -586K | -15.92M | -12.52M | -5.63M | 12.51M | 17.82M | 18.96M | 24.48M | 24.81M |
| Treasury Stock | -83.76M | -56.7M | -30.14M | -10.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -12.57M | -10.55M | -7.82M | -1.37M | -763K | -1.05M | -30.78M | -45.88M | -20.11M | -29.09M | -25.77M | -21.74M | -29.31M | -24.01M | -24.62M | -27.75M | -42.02M | -31.32M | -19.55M | -17.5M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |