Vertex (VERX) Depreciation Expense (2019 - 2026)
Vertex recorded quarterly Depreciation Expense of $1.2 million in Q1 2026, up 104.93% quarter-over-quarter from -$23.8 million in Q4 2025, and up 10.89% year-over-year from $1.1 million in Q1 2025.
Vertex's Depreciation Expense history runs 8 years deep, the most recent figure standing at $1.2 million for Q1 2026.
- In Q1 2026, Depreciation Expense rose 10.89% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at -$6.1 million (down 159.08% YoY), while the FY2025 annual figure was $10.0 million, up 128.47% from the prior year.
- Depreciation Expense came in at $1.2 million for Q1 2026 at Vertex, up from -$23.8 million in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $29.3 million in Q4 2023 to a low of -$23.8 million in Q4 2025.
- A 5-year average of $3.9 million and a median of $3.7 million in 2024 frame the typical range for Depreciation Expense.
- Across the five-year window, Depreciation Expense jumped 818.92% in 2023 and tumbled 2417.27% in 2025, its largest moves.
- Vertex's Depreciation Expense stood at $3.2 million in 2022, then surged by 818.92% to $29.3 million in 2023, then sank by 96.51% to $1.0 million in 2024, then sank by 2417.27% to -$23.8 million in 2025, then surged by 104.93% to $1.2 million in 2026.
- According to Business Quant data, Depreciation Expense over the past three periods registered $1.2 million, -$23.8 million, and $5.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 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 | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Vertex | 1.10 Bn | 851.72 Mn | 124.87 Mn | 1.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.17 Mn |
| Dec 31, 2025 | -23.75 Mn |
| Sep 30, 2025 | 5.26 Mn |
| Jun 30, 2025 | 11.21 Mn |
| Mar 31, 2025 | 1.06 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 4.19 Mn |
| Jun 30, 2024 | 4.07 Mn |
| Mar 31, 2024 | 3.74 Mn |
| Dec 31, 2023 | 29.33 Mn |
| Sep 30, 2023 | 1.64 Mn |
| Jun 30, 2023 | 8.26 Mn |
| Mar 31, 2023 | 8.15 Mn |
| Dec 31, 2022 | 3.19 Mn |
| Sep 30, 2022 | 1.23 Mn |
| Jun 30, 2022 | 1.02 Mn |
| Mar 31, 2022 | 6.33 Mn |
| Dec 31, 2021 | -4.78 Mn |
| Sep 30, 2021 | 7.56 Mn |
| Jun 30, 2021 | 2.67 Mn |
| Mar 31, 2021 | 2.68 Mn |
| Dec 31, 2020 | 764,000.00 |
| Sep 30, 2020 | 587,000.00 |
| Jun 30, 2020 | 1.77 Mn |
| Mar 31, 2020 | 526,000.00 |
| Dec 31, 2019 | -5.07 Mn |
| Sep 30, 2019 | 1.90 Mn |
| Jun 30, 2019 | 167,000.00 |