Growth Metrics

Vertex (VERX) Current Taxes (2022 - 2026)

Vertex recorded quarterly Current Taxes of $6.0 million in Q1 2026, down 14.83% quarter-over-quarter from $7.1 million in Q4 2025, and little changed year-over-year from $6.0 million in Q1 2025.

Vertex's Current Taxes history runs 5 years deep, the most recent figure standing at $6.0 million for Q1 2026.

  • In Q1 2026, Current Taxes changed 0.4% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $6.0 million (changed 0.4% YoY), while the FY2025 annual figure was $7.1 million, up 37.73% from the prior year.
  • Current Taxes came in at $6.0 million for Q1 2026 at Vertex, down from $7.1 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $22.6 million in Q2 2023 to a low of $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.
  • Across the five-year window, Current Taxes soared 130.46% in 2023 and tumbled 75.14% in 2024, its largest moves.
  • Vertex's Current Taxes stood at $2.3 million in 2022, then soared by 130.46% to $5.4 million in 2023, then fell by 3.91% to $5.2 million in 2024, then jumped by 37.73% to $7.1 million in 2025, then declined 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 1.50 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 506.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 372.20 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Vertex 1.10 Bn 851.72 Mn 124.87 Mn 6.05 Mn

Historic Data

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DateValue
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