Vertex VERX
NASDAQ VERX
$13.77 -0.01 (-0.07%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vertex (VERX) Operating Leases (2021 - 2026)

Vertex's (VERX) quarterly Operating Leases came in at $6.8 million in Q2 2026, down 39.78% year-over-year from $11.3 million in Q2 2025, and down 11.84% quarter-over-quarter from $7.7 million in Q1 2026.

Analysis

Vertex (VERX) Operating Leases (2021 - 2026) Analysis & Trends

Vertex has disclosed Operating Leases across 6 years of filings, most recently posting $6.8 million for Q2 2026.

  • In Q2 2026, Operating Leases fell 39.78% year-over-year to $6.8 million; the TTM figure through Jun 2026 stood at $6.8 million (down 39.78% YoY), while the FY2025 annual figure was $8.9 million, down 29.26% from the prior year.
  • Operating Leases came in at $6.8 million for Q2 2026 at Vertex, down from $7.7 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $23.4 million in Q1 2022 to a low of $6.8 million in Q2 2026.
  • Average Operating Leases over 5 years is $15.1 million, with a median of $15.0 million recorded in 2024.
  • Year-over-year, Operating Leases decreased 12.41% in 2022 and slumped 39.78% in 2026.
  • Over 5 years, Operating Leases stood at $20.4 million in 2022, then declined by 18.87% to $16.6 million in 2023, then fell by 24.04% to $12.6 million in 2024, then fell by 29.26% to $8.9 million in 2025, then slipped by 23.89% to $6.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $6.8 million in Q2 2026, $7.7 million in Q1 2026, and $8.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thomson Reuters 46.10 Bn 45.06 Bn -
2 Docusign 12.87 Bn 12.10 Bn 697.87 Mn
3 Workiva 4.15 Bn 3.33 Bn 205.27 Mn
4 Vertex 2.22 Bn 1.99 Bn 131.30 Mn
5 Clarivate 1.33 Bn 1.11 Bn 401.80 Mn
6 Donnelley Financial Solutions 1.26 Bn 1.23 Bn 148.00 Mn
7 Legalzoom.Com 1.03 Bn 859.25 Mn 139.93 Mn
8 Telos 358.74 Mn 308.09 Mn 16.69 Mn
9 CS Disco 276.29 Mn 174.90 Mn 32.11 Mn
10 Audioeye 95.59 Mn 86.87 Mn 8.45 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.78 Mn
Mar 31, 2026 7.69 Mn
Dec 31, 2025 8.90 Mn
Sep 30, 2025 10.09 Mn
Jun 30, 2025 11.25 Mn
Mar 31, 2025 11.46 Mn
Dec 31, 2024 12.59 Mn
Sep 30, 2024 13.57 Mn
Jun 30, 2024 14.40 Mn
Mar 31, 2024 15.52 Mn
Dec 31, 2023 16.57 Mn
Sep 30, 2023 17.45 Mn
Jun 30, 2023 18.33 Mn
Mar 31, 2023 20.06 Mn
Dec 31, 2022 20.42 Mn
Sep 30, 2022 21.43 Mn
Jun 30, 2022 22.37 Mn
Mar 31, 2022 23.36 Mn
Dec 31, 2021 24.32 Mn
Sep 30, 2021 26.71 Mn