Vertex (VERX) Current Taxes (2022 - 2026)
Vertex (VERX) posted Current Taxes of $6.0 million for Q1 2026, down 14.83% sequentially from $7.1 million in Q4 2025, and little changed YoY from $6.0 million in Q1 2025.
Vertex (VERX) Current Taxes (2022 - 2026) Analysis & Trends
Vertex has reported Current Taxes for 5 years, with the latest figure at $6.0 million in Q1 2026.
- Quarterly Current Taxes changed 0.4% year-over-year to $6.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.0 million (changed 0.4% YoY) and the FY2025 annual result came in at $7.1 million, up 37.73% from the prior year.
- Current Taxes slipped to $6.0 million in Q1 2026 per VERX's latest filing, from $7.1 million in the prior quarter.
- Over five years, Current Taxes peaked at $22.6 million in Q2 2023 and troughed at $2.3 million in Q4 2022.
- A 5-year average of $8.0 million and a median of $5.9 million in 2025 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2023 and 2024: Current Taxes jumped 130.46% in 2023, then plunged 75.14% in 2024.
- Over 5 years, Current Taxes stood at $2.3 million in 2022, then jumped by 130.46% to $5.4 million in 2023, then retreated by 3.91% to $5.2 million in 2024, then surged by 37.73% to $7.1 million in 2025, then fell by 14.83% to $6.0 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $6.0 million, $7.1 million, and $6.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 1.58 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 110.30 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 38.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | 6.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.34 Mn |
| Mar 31, 2026 | 6.05 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Sep 30, 2025 | 6.19 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 6.02 Mn |
| Dec 31, 2024 | 5.16 Mn |
| Sep 30, 2024 | 5.83 Mn |
| Jun 30, 2024 | 5.62 Mn |
| Mar 31, 2024 | 5.48 Mn |
| Dec 31, 2023 | 5.37 Mn |
| Sep 30, 2023 | 20.37 Mn |
| Jun 30, 2023 | 22.62 Mn |
| Dec 31, 2022 | 2.33 Mn |