Vertex (VERX) Tax Rate (2019 - 2026)
Vertex recorded quarterly Tax Rate of 73.99% in Q1 2026, up 279.8% quarter-over-quarter from 41.15% in Q4 2025, and up 15872.0% year-over-year from N/an in Q1 2025.
Vertex's Tax Rate history runs 8 years deep, the most recent figure standing at 73.99% for Q1 2026.
- In Q1 2026, Tax Rate rose 15872.0% year-over-year to 73.99%; the TTM figure through Mar 2026 stood at 15.25% (down 886435.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 8.36% and a median of 7.39% in 2022 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 35636 bps in 2024 and fell as far as 43664 bps in 2024.
- Vertex's Tax Rate stood at 21.99% in 2022, then surged by 842 bps to 163.21% in 2023, then plunged by 268 bps to 273.43% in 2024, then soared by 85 bps to 41.15% in 2025, then jumped by 280 bps to 73.99% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 73.99%, 41.15%, and 27.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Vertex | 1.10 Bn | 851.72 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 |
| Sep 30, 2023 | -29.98 |
| Sep 30, 2023 | -29.98 |
| Jun 30, 2023 | -73.83 |
| Jun 30, 2023 | -73.83 |
| Mar 31, 2023 | -111.35 |
| Mar 31, 2023 | -111.35 |
| Dec 31, 2022 | -21.99 |
| Dec 31, 2022 | -21.99 |
| Sep 30, 2022 | 7.39 |
| Sep 30, 2022 | 7.39 |
| Jun 30, 2022 | -9.96 |
| Jun 30, 2022 | -9.96 |
| Mar 31, 2022 | 170.46 |
| Mar 31, 2022 | 170.46 |
| Dec 31, 2021 | 36.60 |
| Dec 31, 2021 | 36.60 |
| Sep 30, 2021 | 4.52 |
| Sep 30, 2021 | 4.52 |
| Jun 30, 2021 | 175.30 |
| Jun 30, 2021 | 175.30 |
| Mar 31, 2021 | -42.20 |
| Mar 31, 2021 | -42.20 |
| Dec 31, 2020 | 31.29 |
| Dec 31, 2020 | 31.29 |
| Sep 30, 2020 | 66.85 |
| Sep 30, 2020 | 66.85 |
| Jun 30, 2020 | 3.28 |
| Jun 30, 2020 | 3.28 |
| Mar 31, 2020 | -0.87 |
| Mar 31, 2020 | -0.87 |
| Dec 31, 2019 | 4.59 |
| Dec 31, 2019 | 4.59 |
| Sep 30, 2019 | 1.45 |
| Sep 30, 2019 | 1.45 |
| Jun 30, 2019 | 3.01 |
| Jun 30, 2019 | 3.01 |