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
Download Data| Date | Value |
|---|---|
| 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 |