Vertex (VERX) Change in Receivables (2019 - 2026)

Vertex (VERX) reported Change in Receivables of -$23.4 million for Q1 2026, down 98.74% on a YoY basis from -$1.9 billion in Q1 2025, and down 148.04% sequentially from $48.7 million in Q4 2025.

Vertex (VERX) Change in Receivables (2019 - 2026) Analysis & Trends

Vertex (VERX) has 8 years of Change in Receivables data on file, last reported at -$23.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 98.74% year-over-year to -$23.4 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 million (down 91.5% YoY), and the FY2025 full-year result was $12.9 million, down 41.66% from the prior year.
  • Change in Receivables declined to -$23.4 million in Q1 2026, from $48.7 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $48.7 million in Q4 2025 to a low of -$23.4 million in Q1 2026.
  • A 5-year average of $4.8 million and a median of $795000.0 in 2023 frame the typical range for Change in Receivables.
  • Peak annual rise in Change in Receivables reached 1568.15% in 2024, while the deepest fall reached 663.27% in 2024.
  • Tracing VERX's Change in Receivables over 5 years: stood at $8.1 million in 2022, then soared by 78.83% to $14.5 million in 2023, then surged by 160.47% to $37.7 million in 2024, then grew by 29.28% to $48.7 million in 2025, then slumped by 148.04% to -$23.4 million in 2026.
  • Business Quant data shows VERX's Change in Receivables at -$23.4 million in Q1 2026, $48.7 million in Q4 2025, and -$13.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -2.11 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 74.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -9.43 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 441.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 179.30 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -747.22 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 18.55 Mn
10 Vertex 104.52 Mn -147.93 Mn 124.87 Mn -23.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.40 Mn
Mar 31, 2026 -23.40 Mn
Dec 31, 2025 48.70 Mn
Dec 31, 2025 48.70 Mn
Sep 30, 2025 -13.50 Mn
Sep 30, 2025 -13.50 Mn
Jun 30, 2025 -10.55 Mn
Jun 30, 2025 -10.55 Mn
Mar 31, 2025 -11.77 Mn
Mar 31, 2025 -11.77 Mn
Dec 31, 2024 37.67 Mn
Dec 31, 2024 37.67 Mn
Sep 30, 2024 4.14 Mn
Sep 30, 2024 4.14 Mn
Jun 30, 2024 -15.25 Mn
Jun 30, 2024 -15.25 Mn
Mar 31, 2024 -4.48 Mn
Mar 31, 2024 -4.48 Mn
Dec 31, 2023 14.46 Mn
Dec 31, 2023 14.46 Mn