Vertex, Inc. (VERX) Tax Rate (2019 - 2025)
Vertex (VERX) recorded Tax Rate of 320.61% in Q2 2026, up 257.07 percentage points from 63.54% a year earlier and up 246.63 percentage points from the prior quarter.
Vertex, Inc. (VERX) Tax Rate (2019 - 2025) Analysis & Trends
On a TTM basis, Vertex's Tax Rate came in at 137.40% as of Jun 30, 2026, up 23482.98 percentage points year-over-year; for FY2025, it was 4.86%, down 2857.27 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -25.54 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 2862.13% in FY2024 (+2822.54 pp), 39.59% in FY2023 (+61.05 pp), -21.46% in FY2022 (-83.79 pp) and 62.33% in FY2021 (+31.93 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q4 2023.
- On a year-over-year basis, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of -70.97 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 357.43 percentage points in Q4 2023, against a drop of 828.18 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 73.99% (Q1 2026), -409.31% (Q4 2025) and 27.31% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 27.31% |
| Sep 30, 2024 | 7.82% |
| Jun 30, 2024 | 29.88% |
| Mar 31, 2022 | 170.46% |
| Dec 31, 2020 | 91.80% |
| Sep 30, 2019 | 1.45% |
| Jun 30, 2019 | 3.01% |
Vertex, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=VERX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "VERX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();