Vertex, Inc.

VERX Technology Software Application

Vertex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.4 million, up 12.2% from fiscal 2024.

Revenue
+11.0%
EPS
+1,100.0%
Free cash flow
+76.8%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

17.58 1.66 +10.43%
Market cap
$2.9B
P/E
511×
Fwd P/E
71.3×
Dividend yield
—
F-score
6/9
Altman Z
2.41
Beneish M
−2.95
Dividend safety
n/a

Vertex, Inc. (VERX) Current ratio

Alert me on Current ratio

Vertex, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 0.7×, down 0.2× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.5× (fiscal 2019) to 1.4× (fiscal 2020); the current reading is higher than 75% of that period. That is below the Software Application industry median of 1.5× and below the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.0× (2.24%)
FY2024 1.0× 65.00%
FY2023 0.6× 0.32%
FY2022 0.6× 13.75%
FY2021 0.5× (61.56%)
FY2020 1.4× 178.68%
FY2019 0.5× (10.70%)
FY2018 0.6× —

Quarterly newest first

Period Current ratio Change
Sep 2026 0.7× (14.41%)
Jun 2026 0.9× 1.09%
Mar 2026 0.9× (11.63%)
Dec 2025 1.0× (2.97%)
24 more quarters

Against its own ten years

Low 0.5× High 1.4×
Ten-year median 0.6×
Current reading's percentile 75

Current ratio against peers

Company Current ratio
SPSC SPS Commerce, Inc. compare 2.3×
PLUS ePlus inc. compare 2.1×
BULL Webull Corporation compare 1.3×
GRND Grindr Inc. compare 1.1×
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare 1.0×
ASAN Asana, Inc. compare 0.9×
NCNO nCino Inc. compare 0.8×
VERX Vertex, Inc. 0.7×
BLKB Blackbaud, Inc. compare 0.7×
Software Application industry median 1.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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