Vertex (VERX) Operating Leases (2021 - 2026)

Vertex (VERX) has 6 years of Operating Leases data on file, last reported at $7.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 32.94% year-over-year to $7.7 million; the trailing twelve-month figure through Mar 2026 stood at $7.7 million (down 32.94% YoY), and the FY2025 full-year result was $8.9 million, down 29.26% from the prior year.
• Operating Leases declined to $7.7 million in Q1 2026, 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 retreated 12.41% in 2022 and sank 32.94% in 2026, its largest moves.
• Tracing VERX's Operating Leases over 5 years: stood at $20.4 million in 2022, then dropped by 18.87% to $16.6 million in 2023, then declined by 24.04% to $12.6 million in 2024, then declined by 29.26% to $8.9 million in 2025, then decreased by 13.67% to $7.7 million in 2026.
• Business Quant data shows VERX's Operating Leases at $7.7 million in Q1 2026, $8.9 million in Q4 2025, and $10.1 million in Q3 2025.