Vertex (VERX) Tax Rate (2019 - 2026)
Vertex's (VERX) quarterly Tax Rate came in at 73.99% in Q1 2026, up 15872.0% year-on-year from N/an in Q1 2025, and up 279.8% quarter-over-quarter from 41.15% in Q4 2025.
Vertex (VERX) Tax Rate (2019 - 2026) Analysis & Trends
Vertex has disclosed Tax Rate across 8 years of filings, most recently posting 73.99% for Q1 2026.
- Tax Rate for Q1 2026 came in at 73.99%, up 15872.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.25% (down 886435.0% YoY), and the FY2025 annual result was 34.35%, up 71772.0% from the prior year.
- Tax Rate came in at 73.99% for Q1 2026 at Vertex, up from 41.15% 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 273.43% in Q4 2024.
- The 5-year median for Tax Rate is 7.39% (2022), against an average of 8.36%.
- Peak annual rise in Tax Rate reached 35636 bps in 2024, while the deepest fall reached 43664 bps in 2024.
- Vertex's Tax Rate stood at 21.99% in 2022, then jumped by 842 bps to 163.21% in 2023, then sank by 268 bps to 273.43% in 2024, then surged by 85 bps to 41.15% in 2025, then soared by 280 bps to 73.99% in 2026.
- The last three Tax Rate figures came in at 73.99% (Q1 2026), 41.15% (Q4 2025), and 27.31% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Vertex | 979.71 Mn | 727.26 Mn | 124.87 Mn | 73.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.99% |
| Mar 31, 2026 | 73.99% |
| Dec 31, 2025 | -41.15% |
| Dec 31, 2025 | -41.15% |
| Sep 30, 2025 | 27.31% |
| Sep 30, 2025 | 27.31% |
| Jun 30, 2025 | 63.54% |
| Jun 30, 2025 | 63.54% |
| Mar 31, 2025 | -84.73% |
| Mar 31, 2025 | -84.73% |
| Dec 31, 2024 | -273.43% |
| Dec 31, 2024 | -273.43% |
| Sep 30, 2024 | 7.82% |
| Sep 30, 2024 | 7.82% |
| Jun 30, 2024 | 29.88% |
| Jun 30, 2024 | 29.88% |
| Mar 31, 2024 | 245.00% |
| Mar 31, 2024 | 245.00% |
| Dec 31, 2023 | 163.21% |
| Dec 31, 2023 | 163.21% |