Vertex (VERX) Tax Provisions (2019 - 2026)
Vertex (VERX) posted Tax Provisions of -$7.1 million for Q1 2026, down 226.85% sequentially from $5.6 million in Q4 2025, and down 39.84% YoY from -$11.9 million in Q1 2025.
Vertex (VERX) Tax Provisions (2019 - 2026) Analysis & Trends
Vertex has reported Tax Provisions for 8 years, with the latest figure at -$7.1 million in Q1 2026.
- Quarterly Tax Provisions fell 39.84% year-over-year to -$7.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 million (down 885.8% YoY) and the FY2025 annual result came in at $368000.0, down 8.23% from the prior year.
- Tax Provisions declined to -$7.1 million in Q1 2026 per VERX's latest filing, from $5.6 million in the prior quarter.
- Over five years, Tax Provisions peaked at $9.6 million in Q1 2023 and troughed at -$13.6 million in Q4 2023.
- A 5-year average of -$367235.3 and a median of $613000.0 in 2024 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 1082.3% in 2023, down 1650.0% in 2023.
- Over 5 years, Tax Provisions stood at -$776000.0 in 2022, then slumped by 1650.0% to -$13.6 million in 2023, then soared by 115.63% to $2.1 million in 2024, then jumped by 165.1% to $5.6 million in 2025, then plunged by 226.85% to -$7.1 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$7.1 million, $5.6 million, and $1.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | -13.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -13.14 Mn |
| Mar 31, 2026 | -7.14 Mn |
| Dec 31, 2025 | 5.63 Mn |
| Sep 30, 2025 | 1.52 Mn |
| Jun 30, 2025 | -1.68 Mn |
| Mar 31, 2025 | -5.11 Mn |
| Dec 31, 2024 | 2.12 Mn |
| Sep 30, 2024 | 613,000.00 |
| Jun 30, 2024 | 2.20 Mn |
| Mar 31, 2024 | -4.54 Mn |
| Dec 31, 2023 | -13.58 Mn |
| Sep 30, 2023 | 784,000.00 |
| Jun 30, 2023 | 2.93 Mn |
| Mar 31, 2023 | 9.55 Mn |
| Dec 31, 2022 | -776,000.00 |
| Sep 30, 2022 | -91,000.00 |
| Jun 30, 2022 | 500,000.00 |
| Mar 31, 2022 | 808,000.00 |
| Dec 31, 2021 | 300,000.00 |
| Sep 30, 2021 | -187,000.00 |