Vertex (VERX) Interest Expenses (2018 - 2026)
Vertex (VERX) posted Interest Expenses of $11.1 million for Q1 2026, up 1617.16% sequentially from $647000.0 in Q4 2025, and down 84.44% YoY from $71.4 million in Q1 2025.
Vertex (VERX) Interest Expenses (2018 - 2026) Analysis & Trends
Vertex has reported Interest Expenses for 9 years, with the latest figure at $11.1 million in Q1 2026.
- Quarterly Interest Expenses fell 84.44% year-over-year to $11.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.1 million (down 84.44% YoY) and the FY2025 annual result came in at $22.5 million, down 83.66% from the prior year.
- Interest Expenses rose to $11.1 million in Q1 2026 per VERX's latest filing, from $647000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $139.3 million in Q2 2024 and troughed at -$1.8 million in Q4 2022.
- A 5-year average of $69.2 million and a median of $71.4 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses surged 422.01% in 2023, then plunged 84.44% in 2026.
- Over 5 years, Interest Expenses stood at -$1.8 million in 2022, then soared by 422.01% to $5.9 million in 2023, then slumped by 79.5% to $1.2 million in 2024, then slumped by 46.88% to $647000.0 in 2025, then soared by 1617.16% to $11.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $11.1 million, $647000.0, and $30.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -714.85 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 369.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.95 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 127.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.09 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 53.08 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 130.80 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 143.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 878.00 Mn |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | 7.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.65 Mn |
| Jun 30, 2026 | 7.65 Mn |
| Mar 31, 2026 | 11.11 Mn |
| Mar 31, 2026 | 11.11 Mn |
| Dec 31, 2025 | 647,000.00 |
| Dec 31, 2025 | 647,000.00 |
| Sep 30, 2025 | 30.31 Mn |
| Sep 30, 2025 | 30.31 Mn |
| Jun 30, 2025 | 47.87 Mn |
| Jun 30, 2025 | 47.87 Mn |
| Mar 31, 2025 | 71.40 Mn |
| Mar 31, 2025 | 71.40 Mn |
| Dec 31, 2024 | 1.22 Mn |
| Dec 31, 2024 | 1.22 Mn |
| Sep 30, 2024 | 134.18 Mn |
| Sep 30, 2024 | 134.18 Mn |
| Jun 30, 2024 | 139.30 Mn |
| Jun 30, 2024 | 139.30 Mn |
| Mar 31, 2024 | 124.16 Mn |
| Mar 31, 2024 | 124.16 Mn |