Vertex (VERX) Invested Capital (2019 - 2026)
Vertex (VERX) recorded Invested Capital of $579.71 million in Q2 2026, down 0.8% from $584.39 million a year earlier and down 0.8% from the prior quarter.
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Analysis
Vertex (VERX) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Vertex reported Invested Capital of $596.4 million, up 15.9% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 20.9% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $514.57 million in FY2024 (+71.8%), $299.54 million in FY2023 (+7.5%) and $278.62 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q1 2025.
- On a year-over-year basis, Invested Capital rose in seven of the last eight quarters, with growth averaging 37.9%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 121.9% in Q3 2024, against a decline of 3.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $584.55 million (Q1 2026), $596.4 million (Q4 2025) and $601.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | - |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 192.53 Bn |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | 68.16 Bn |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 77.67 Bn |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 14.60 Bn |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 11.00 Bn |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 26.66 Bn |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | 4.97 Bn |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | 37.60 Bn |
| 10 | Vertex | 1.90 Bn | 760.17 Mn | 131.30 Mn | 579.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 579.71 Mn |
| Mar 31, 2026 | 584.55 Mn |
| Dec 31, 2025 | 596.40 Mn |
| Sep 30, 2025 | 601.39 Mn |
| Jun 30, 2025 | 584.39 Mn |
| Mar 31, 2025 | 536.27 Mn |
| Dec 31, 2024 | 514.57 Mn |
| Sep 30, 2024 | 593.68 Mn |
| Jun 30, 2024 | 567.22 Mn |
| Mar 31, 2024 | 296.09 Mn |
| Dec 31, 2023 | 299.54 Mn |
| Sep 30, 2023 | 267.54 Mn |
| Jun 30, 2023 | 273.69 Mn |
| Mar 31, 2023 | 272.07 Mn |
| Dec 31, 2022 | 278.62 Mn |
| Sep 30, 2022 | 263.24 Mn |
| Jun 30, 2022 | 270.14 Mn |
| Mar 31, 2022 | 282.64 Mn |
| Dec 31, 2020 | 230.45 Mn |
| Sep 30, 2020 | 223.93 Mn |
API Access
Vertex Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=VERX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "VERX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();