Vertex (VERX) Operating Leases (2021 - 2026)

Vertex has disclosed Operating Leases across 6 years of filings, most recently posting $7.7 million for Q1 2026.

• Operating Leases for Q1 2026 came in at $7.7 million, down 32.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.7 million (down 32.94% YoY), and the FY2025 annual result was $8.9 million, down 29.26% from the prior year.
• Operating Leases came in at $7.7 million for Q1 2026 at Vertex, down from $8.9 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 $7.7 million in Q1 2026.
• The 5-year median for Operating Leases is $15.5 million (2024), against an average of $15.6 million.
• Across the five-year window, Operating Leases retreated 12.41% in 2022 and tumbled 32.94% in 2026, its largest moves.
• Vertex's 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 13.67% to $7.7 million in 2026.
• The last three Operating Leases figures came in at $7.7 million (Q1 2026), $8.9 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.