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| Date | Value |
|---|---|
| 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 |