Vertex (VERX) Deferred Taxes (2020 - 2026)
Vertex (VERX) posted Deferred Taxes of $1.8 million for Q1 2026, up 176.5% sequentially from -$2.4 million in Q4 2025, and up 294.83% YoY from $458421.5 in Q1 2025.
Vertex (VERX) Deferred Taxes (2020 - 2026) Analysis & Trends
Vertex has reported Deferred Taxes for 7 years, with the latest figure at $1.8 million in Q1 2026.
- Quarterly Deferred Taxes rose 294.83% year-over-year to $1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.7 million (down 105.04% YoY) and the FY2025 annual result came in at -$5.4 million, down 110.56% from the prior year.
- Deferred Taxes climbed to $1.8 million in Q1 2026 per VERX's latest filing, from -$2.4 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $59.7 million in Q4 2024 and troughed at -$13.0 million in Q1 2023.
- A 5-year average of $2.0 million and a median of -$712000.0 in 2025 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes slumped 21041.94% in 2023, then soared 3975.52% in 2024.
- Over 5 years, Deferred Taxes stood at -$1.3 million in 2022, then decreased by 16.23% to -$1.5 million in 2023, then jumped by 3975.52% to $59.7 million in 2024, then sank by 103.96% to -$2.4 million in 2025, then jumped by 176.5% to $1.8 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $1.8 million, -$2.4 million, and -$1.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | -165.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 665.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | -36.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.56 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -17.00 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 47.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.01 Bn |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | 4.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.24 Mn |
| Mar 31, 2026 | 1.81 Mn |
| Dec 31, 2025 | -2.37 Mn |
| Sep 30, 2025 | -1.39 Mn |
| Jun 30, 2025 | -712,000.00 |
| Mar 31, 2025 | -929,000.00 |
| Dec 31, 2024 | 59.68 Mn |
| Sep 30, 2024 | 1.09 Mn |
| Jun 30, 2024 | -7.11 Mn |
| Mar 31, 2024 | -2.59 Mn |
| Dec 31, 2023 | -1.54 Mn |
| Sep 30, 2023 | 2.30 Mn |
| Jun 30, 2023 | 653,000.00 |
| Mar 31, 2023 | -12.98 Mn |
| Dec 31, 2022 | -1.33 Mn |
| Sep 30, 2022 | 68,000.00 |
| Jun 30, 2022 | -150,000.00 |
| Mar 31, 2022 | 62,000.00 |
| Dec 31, 2021 | -41,000.00 |
| Sep 30, 2021 | -263,000.00 |