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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |