Vertex (VERX) Operating Leases (2021 - 2026)

Vertex's Operating Leases history runs 6 years deep, the most recent figure standing at $7.7 million for Q1 2026.

• In Q1 2026, Operating Leases fell 32.94% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $7.7 million (down 32.94% YoY), while the FY2025 annual figure 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.
• A 5-year average of $15.6 million and a median of $15.5 million in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases decreased 12.41% in 2022 and slumped 32.94% in 2026, its largest moves.
• Vertex's Operating Leases stood at $20.4 million in 2022, then fell by 18.87% to $16.6 million in 2023, then retreated by 24.04% to $12.6 million in 2024, then retreated by 29.26% to $8.9 million in 2025, then dropped by 13.67% to $7.7 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $7.7 million, $8.9 million, and $10.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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