Vertex (VERX) Tax Rate (2019 - 2026)
Vertex (VERX) reported Tax Rate of 73.99% for Q1 2026, up 15872.0% on a YoY basis from N/an in Q1 2025, and up 522.22% sequentially from 17.52% in Q4 2025.
Vertex (VERX) Tax Rate (2019 - 2026) Analysis & Trends
Vertex (VERX) has 8 years of Tax Rate data on file, last reported at 73.99% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 15872.0% year-over-year to 73.99%; the trailing twelve-month figure through Mar 2026 stood at 4.29% (up 602.0% YoY), and the FY2025 full-year result was 1.59%, down 2259.0% from the prior year.
- Tax Rate climbed to 73.99% in Q1 2026, from 17.52% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 245.0% in Q1 2024 to a low of 112.84% in Q4 2023.
- A 5-year average of 10.25% and a median of 7.39% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 35636 bps in 2024 and tumbled 32973 bps in 2025, its largest moves.
- Tracing VERX's Tax Rate over 5 years: stood at 7.62% in 2022, then slumped by 1580 bps to 112.84% in 2023, then soared by 84 bps to 18.56% in 2024, then increased by 6 bps to 17.52% in 2025, then jumped by 522 bps to 73.99% in 2026.
- Business Quant data shows VERX's Tax Rate at 73.99% in Q1 2026, 17.52% in Q4 2025, and 27.31% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | Vertex | 104.52 Mn | -147.93 Mn | 124.87 Mn | 73.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.99% |
| Mar 31, 2026 | 73.99% |
| Mar 31, 2026 | 73.99% |
| Dec 31, 2025 | -17.52% |
| Dec 31, 2025 | -17.52% |
| Dec 31, 2025 | -17.52% |
| Sep 30, 2025 | 27.31% |
| Sep 30, 2025 | 27.31% |
| Sep 30, 2025 | 27.31% |
| Jun 30, 2025 | 63.54% |
| Jun 30, 2025 | 63.54% |
| Jun 30, 2025 | 63.54% |
| Mar 31, 2025 | -84.73% |
| Mar 31, 2025 | -84.73% |
| Mar 31, 2025 | -84.73% |
| Dec 31, 2024 | -18.56% |
| Dec 31, 2024 | -18.56% |
| Dec 31, 2024 | -18.56% |
| Sep 30, 2024 | 7.82% |
| Sep 30, 2024 | 7.82% |