Company / Income Tax
Vertex, Inc. Income Tax History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$368.0K
FY2025
5-year range
-$8.6M / $54.6M
FY2021-FY2025
Trend
-99.3%
vs FY2024
Sector context
#251 of 308
Information Technology
What the data says
Vertex, Inc.'s income tax of $368,000 is lower than 81% of companies in the Information Technology sector (FY2025). Income Tax has fluctuated over the past 8 years, ranging from -$33M in FY2020 to $55M in FY2024.
Based on SEC 10-K filings.
$368,000 in FY2025 with a 3-year CAGR of -44.7%.
Increased from -$9M to $368,000 over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -44.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 19% in Information TechnologyTop 19% of 308This company $368.0K Sector average $344.7M
▼
-99.9% below sector average
Key checks
Key Insights
- 3-year CAGR of -44.7%, indicating a declining trend.
- In FY2025, income tax decreased 99.3% year-over-year.
- Ranks #251 out of 308 companies in the Information Technology sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.69 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.3%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $368.0K | -99.3% |
| FY2024 | $54.6M | +736.7% |
| FY2023 | -$8.6M | -494.7% |
| FY2022 | $2.2M | +188.8% |
| FY2021 | -$2.4M | +92.5% |
| FY2020 | -$32.8M | -21053.5% |
| FY2019 | -$155.0K | -109.2% |
| FY2018 | $1.7M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026