Vertex (VERX) Interest Expenses (2019 - 2026)

Vertex (VERX) reported Interest Expenses of $11.1 million for Q1 2026, down 84.44% on a YoY basis from $71.4 million in Q1 2025, and up 706.83% sequentially from $1.4 million in Q4 2025.

Vertex (VERX) Interest Expenses (2019 - 2026) Analysis & Trends

Vertex (VERX) has 8 years of Interest Expenses data on file, last reported at $11.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 84.44% year-over-year to $11.1 million; the trailing twelve-month figure through Mar 2026 stood at $11.1 million (down 84.44% YoY), and the FY2025 full-year result was $22.5 million, down 83.66% from the prior year.
  • Interest Expenses rose to $11.1 million in Q1 2026, from $1.4 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $139.3 million in Q2 2024 to a low of $1.2 million in Q4 2024.
  • A 5-year average of $69.4 million and a median of $71.4 million in 2025 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses surged 295.28% in 2023 and slumped 84.44% in 2026, its largest moves.
  • Tracing VERX's Interest Expenses over 5 years: stood at $1.5 million in 2022, then surged by 295.28% to $5.9 million in 2023, then tumbled by 79.5% to $1.2 million in 2024, then increased by 13.05% to $1.4 million in 2025, then soared by 706.83% to $11.1 million in 2026.
  • Business Quant data shows VERX's Interest Expenses at $11.1 million in Q1 2026, $1.4 million in Q4 2025, and $30.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -341.86 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 180.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.95 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.09 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 537.20 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 53.08 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 57.23 Mn
10 Vertex 104.52 Mn -147.93 Mn 124.87 Mn 11.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.11 Mn
Mar 31, 2026 11.11 Mn
Dec 31, 2025 1.38 Mn
Dec 31, 2025 1.38 Mn
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
Dec 31, 2023 5.94 Mn
Dec 31, 2023 5.94 Mn