Vertex (VERX) Current Taxes (2022 - 2026)
Vertex's (VERX) quarterly Current Taxes came in at $6.0 million in Q1 2026, little changed year-on-year from $6.0 million in Q1 2025, and down 14.83% quarter-over-quarter from $7.1 million in Q4 2025.
Vertex (VERX) Current Taxes (2022 - 2026) Analysis & Trends
Vertex has disclosed Current Taxes across 5 years of filings, most recently posting $6.0 million for Q1 2026.
- Current Taxes for Q1 2026 came in at $6.0 million, changed 0.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.0 million (changed 0.4% YoY), and the FY2025 annual result 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.
- The 5-year median for Current Taxes is $5.9 million (2025), against an average of $8.0 million.
- Across the five-year window, Current Taxes surged 130.46% in 2023 and plunged 75.14% in 2024, its largest moves.
- Vertex's Current Taxes stood at $2.3 million in 2022, then surged by 130.46% to $5.4 million in 2023, then declined by 3.91% to $5.2 million in 2024, then soared by 37.73% to $7.1 million in 2025, then dropped by 14.83% to $6.0 million in 2026.
- The last three Current Taxes figures came in at $6.0 million (Q1 2026), $7.1 million (Q4 2025), and $6.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 1.50 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | - |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | - |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | - |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 372.20 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 38.00 Mn |
| 10 | Vertex | 979.71 Mn | 727.26 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 |