Growth Metrics

Vertex (VERX) Leases (2021 - 2026)

Vertex recorded quarterly Leases of $8.8 million in Q1 2026, down 8.76% quarter-over-quarter from $9.7 million in Q4 2025, and down 21.08% year-over-year from $11.2 million in Q1 2025.

Vertex's Leases history runs 6 years deep, the most recent figure standing at $8.8 million for Q1 2026.

  • In Q1 2026, Leases fell 21.08% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $8.8 million (down 21.08% YoY), while the FY2025 annual figure was $9.7 million, down 19.05% from the prior year.
  • Leases came in at $8.8 million for Q1 2026 at Vertex, down from $9.7 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $19.6 million in Q1 2022 to a low of $8.8 million in Q1 2026.
  • A 5-year average of $14.1 million and a median of $13.8 million in 2024 frame the typical range for Leases.
  • Across the five-year window, Leases retreated 12.85% in 2023 and retreated 21.15% in 2024, its largest moves.
  • Vertex's Leases stood at $17.2 million in 2022, then retreated by 15.02% to $14.6 million in 2023, then fell by 18.14% to $12.0 million in 2024, then decreased by 19.05% to $9.7 million in 2025, then fell by 8.76% to $8.8 million in 2026.
  • According to Business Quant data, Leases over the past three periods registered $8.8 million, $9.7 million, and $10.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 2.00 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.46 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 84.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 831.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 305.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 400.80 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 601.00 Mn
10 Vertex 1.10 Bn 851.72 Mn 124.87 Mn 8.83 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 8.83 Mn
Dec 31, 2025 9.68 Mn
Sep 30, 2025 10.50 Mn
Jun 30, 2025 11.34 Mn
Mar 31, 2025 11.19 Mn
Dec 31, 2024 11.96 Mn
Sep 30, 2024 12.57 Mn
Jun 30, 2024 13.06 Mn
Mar 31, 2024 13.77 Mn
Dec 31, 2023 14.61 Mn
Sep 30, 2023 15.33 Mn
Jun 30, 2023 16.56 Mn
Mar 31, 2023 16.46 Mn
Dec 31, 2022 17.19 Mn
Sep 30, 2022 18.09 Mn
Jun 30, 2022 19.01 Mn
Mar 31, 2022 19.64 Mn
Dec 31, 2021 20.25 Mn
Sep 30, 2021 21.14 Mn
Jun 30, 2021 22.16 Mn
Mar 31, 2021 22.98 Mn