Vertex (VERX) Tax Rate (2019 - 2026)

Vertex (VERX) posted Tax Rate of 73.99% for Q1 2026, up 522.22% sequentially from 17.52% in Q4 2025, and up 15872.0% YoY from N/an in Q1 2025.

Vertex (VERX) Tax Rate (2019 - 2026) Analysis & Trends

Vertex has reported Tax Rate for 8 years, with the latest figure at 73.99% in Q1 2026.

Quarterly Tax Rate rose 15872.0% year-over-year to 73.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.29% (up 602.0% YoY) and the FY2025 annual result came in at 1.59%, down 2259.0% from the prior year.
Tax Rate climbed to 73.99% in Q1 2026 per VERX's latest filing, from 17.52% in the prior quarter.
Over five years, Tax Rate peaked at 245.0% in Q1 2024 and troughed at 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.
The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 35636 bps in 2024, then sank 32973 bps in 2025.
Over 5 years, Tax Rate stood at 7.62% in 2022, then sank by 1580 bps to 112.84% in 2023, then soared by 84 bps to 18.56% in 2024, then advanced by 6 bps to 17.52% in 2025, then jumped by 522 bps to 73.99% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 73.99%, 17.52%, and 27.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-27.76%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	15.38%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	22.57%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	25.63%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	31.96%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	0.37%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	22.20%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	23.50%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	24.29%
10	Vertex	2.06 Bn	1.82 Bn	131.30 Mn	320.61%

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