Vertex (VERX) Tax Rate (2019 - 2026)
Vertex's (VERX) quarterly Tax Rate came in at 320.61% in Q2 2026, up 25707.0% year-over-year from N/an in Q2 2025, and up 333.34% quarter-over-quarter from 73.99% in Q1 2026.
Analysis
Vertex (VERX) Tax Rate (2019 - 2026) Analysis & Trends
Vertex has disclosed Tax Rate across 8 years of filings, most recently posting 320.61% for Q2 2026.
- In Q2 2026, Tax Rate rose 25707.0% year-over-year to 320.61%; the TTM figure through Jun 2026 stood at 40.76% (down 75271.0% YoY), while the FY2025 annual figure was 25.88%, down 56969.0% from the prior year.
- Tax Rate came in at 320.61% for Q2 2026 at Vertex, up from 73.99% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 335.44% in Q4 2023 to a low of 1350.59% in Q4 2024.
- Average Tax Rate over 5 years is 18.84%, with a median of 17.57% recorded in 2024.
- Year-over-year, Tax Rate slumped 168602 bps in 2024 and surged 141124 bps in 2025.
- Over 5 years, Tax Rate stood at 20.87% in 2022, then jumped by 1708 bps to 335.44% in 2023, then slumped by 503 bps to 1350.59% in 2024, then surged by 104 bps to 60.66% in 2025, then surged by 429 bps to 320.61% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 320.61% in Q2 2026, 73.99% in Q1 2026, and 60.66% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | -11.74% |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 37.85% |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 19.71% |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 320.61% |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | -3.07% |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | 30.13% |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 57.62% |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 6.25% |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | -1.58% |
| 10 | Audioeye | 95.59 Mn | 86.87 Mn | 8.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 320.61% |
| Mar 31, 2026 | 73.99% |
| Dec 31, 2025 | 60.66% |
| Sep 30, 2025 | 27.31% |
| Jun 30, 2025 | 63.54% |
| Mar 31, 2025 | -84.73% |
| Dec 31, 2024 | -1,350.59% |
| Sep 30, 2024 | 7.82% |
| Jun 30, 2024 | 29.88% |
| Mar 31, 2024 | 245.00% |
| Dec 31, 2023 | 335.44% |
| Sep 30, 2023 | -29.98% |
| Jun 30, 2023 | -73.83% |
| Mar 31, 2023 | -111.35% |
| Dec 31, 2022 | -20.87% |
| Sep 30, 2022 | 7.39% |
| Jun 30, 2022 | -9.96% |
| Mar 31, 2022 | 170.46% |
| Dec 31, 2021 | -5.05% |
| Sep 30, 2021 | 4.52% |