Vertex (VERX) Current Deferred Revenue (2019 - 2026)
Vertex (VERX) reported Current Deferred Revenue of $398.4 million for Q1 2026, up 12.26% on a YoY basis from $354.9 million in Q1 2025, and up 4.06% sequentially from $382.8 million in Q4 2025.
Vertex (VERX) Current Deferred Revenue (2019 - 2026) Analysis & Trends
Vertex (VERX) has 8 years of Current Deferred Revenue data on file, last reported at $398.4 million in Q1 2026.
- For the quarter ending Q1 2026, Current Deferred Revenue rose 12.26% year-over-year to $398.4 million; the trailing twelve-month figure through Mar 2026 stood at $398.4 million (up 12.26% YoY), and the FY2025 full-year result was $382.8 million, up 11.24% from the prior year.
- Current Deferred Revenue grew to $398.4 million in Q1 2026, from $382.8 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $398.4 million in Q1 2026 to a low of $235.2 million in Q1 2022.
- A 5-year average of $305.4 million and a median of $299.7 million in 2024 frame the typical range for Current Deferred Revenue.
- Peak annual rise in Current Deferred Revenue reached 20.35% in 2023, while the deepest fall reached 4.87% in 2023.
- Tracing VERX's Current Deferred Revenue over 5 years: stood at $279.1 million in 2022, then advanced by 4.87% to $292.7 million in 2023, then climbed by 17.58% to $344.2 million in 2024, then grew by 11.24% to $382.8 million in 2025, then climbed by 4.06% to $398.4 million in 2026.
- Business Quant data shows VERX's Current Deferred Revenue at $398.4 million in Q1 2026, $382.8 million in Q4 2025, and $339.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 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 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn |
| 10 | Vertex | 104.52 Mn | -147.93 Mn | 124.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 398.40 Mn |
| Dec 31, 2025 | 382.84 Mn |
| Sep 30, 2025 | 339.04 Mn |
| Jun 30, 2025 | 347.25 Mn |
| Mar 31, 2025 | 354.90 Mn |
| Dec 31, 2024 | 344.17 Mn |
| Sep 30, 2024 | 304.41 Mn |
| Jun 30, 2024 | 299.74 Mn |
| Mar 31, 2024 | 300.99 Mn |
| Dec 31, 2023 | 292.72 Mn |
| Sep 30, 2023 | 266.82 Mn |
| Jun 30, 2023 | 277.05 Mn |
| Mar 31, 2023 | 283.12 Mn |
| Dec 31, 2022 | 279.14 Mn |
| Sep 30, 2022 | 242.64 Mn |
| Jun 30, 2022 | 243.82 Mn |
| Mar 31, 2022 | 235.24 Mn |
| Dec 31, 2021 | 237.34 Mn |
| Sep 30, 2021 | 211.04 Mn |
| Jun 30, 2021 | 222.61 Mn |