Vertex, Inc. (VERX) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Vertex, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $9,043,000.00Depreciation and amortization → Operating adjustments reconciliation: $29,124,000.00Stock-based compensation expense → Operating adjustments reconciliation: $13,762,000.00Accounts receivable → Operating adjustments reconciliation: $6,491,000.00Deferred income taxes → Operating adjustments reconciliation: $4,241,000.00Deferred commissions → Operating adjustments reconciliation: $1,713,000.00Other → Operating adjustments reconciliation: $1,706,000.00Accounts payable → Operating adjustments reconciliation: $1,680,000.00Amortization of cloud computing implementation costs → Operating adjustments reconciliation: $1,358,000.00Amortization of deferred financing costs → Operating adjustments reconciliation: $681,000.00Non-cash operating lease costs → Operating adjustments reconciliation: $453,000.00Other → Operating adjustments reconciliation: $14,000.00Operating adjustments reconciliation → Net cash from operating activities: $21,853,000.00Operating adjustments reconciliation → Prepaid expenses and other current assets: $23,545,000.00Operating adjustments reconciliation → Deferred revenue: $12,059,000.00Operating adjustments reconciliation → Accrued expenses: $1,844,000.00Operating adjustments reconciliation → Accrued and deferred compensation: $771,000.00Operating adjustments reconciliation → Operating lease liabilities: $744,000.00Operating adjustments reconciliation → Provision for subscription cancellations and non-renewals: $307,000.00Operating adjustments reconciliation → Change in fair value of contingent consideration liabilities: $100,000.00Net cash used in investing activities → investing reconciliation: $28,163,000.00investing reconciliation → Property and equipment additions: $23,171,000.00investing reconciliation → Capitalized software additions: $4,992,000.00Net cash used in financing activities → financing reconciliation: $15,763,000.00Net increase (decrease) in customer funds obligations → financing reconciliation: $9,459,000.00Proceeds from purchases of stock under ESPP → financing reconciliation: $1,807,000.00Proceeds from exercise of stock options → financing reconciliation: $344,000.00financing reconciliation → Repurchases of shares: $26,561,000.00financing reconciliation → Payments for taxes related to net share settlement of stock-based awards: $793,000.00financing reconciliation → Payments of finance lease liabilities: $19,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $270,153,000.00Net cash from operating activities → Cash sources and uses: $30,896,000.00Cash sources and uses → Exchange-rate effect: $137,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $256,986,000.00Cash sources and uses → Net cash used in investing activities: $28,163,000.00Cash sources and uses → Net cash used in financing activities: $15,763,000.00Net income: $9,043,000.00Net income+$9.04 MOther: $1,706,000.00Other+$1.71 MAmortization of cloud computing implementation costs: $1,358,000.00Cloud-computing amortization+$1.36 MAmortization of deferred financing costs: $681,000.00Debt issuance cost amortization+$681.00 KDepreciation and amortization: $29,124,000.00Depreciation & amortization+$29.12 MChange in fair value of contingent consideration liabilities: -$100,000.00Contingent consideration fair value−$100.00 KAccounts payable: $1,680,000.00Accounts payable+$1.68 MAccounts receivable: $6,491,000.00Accounts receivable+$6.49 MNon-cash operating lease costs: $453,000.00Other current liabilities+$453.00 KOperating lease liabilities: -$744,000.00Other noncurrent liabilities−$744.00 KAccrued expenses: -$1,844,000.00Accrued liabilities−$1.84 MDeferred revenue: -$12,059,000.00Deferred revenue−$12.06 MAccrued and deferred compensation: -$771,000.00Deferred compensation−$771.00 KDeferred income taxes: $4,241,000.00Deferred income taxes+$4.24 MPrepaid expenses and other current assets: -$23,545,000.00Prepaid & other assets−$23.55 MDeferred commissions: $1,713,000.00Deferred commissions+$1.71 MOther: $14,000.00Other non-cash items+$14.00 KProvision for subscription cancellations and non-renewals: -$307,000.00Other gains & provisions−$307.00 KStock-based compensation expense: $13,762,000.00Stock-based compensation+$13.76 MNet cash from operating activities: $30,896,000.00Operating cash+$30.90 MOperating adjustments reconciliation: $61,223,000.00Net increase (decrease) in customer funds obligations: $9,459,000.00Customer funds obligations, net+$9.46 MPayments of finance lease liabilities: -$19,000.00Finance lease payments−$19.00 KPayments for acquisition contingent cash earn-out: $0.00Proceeds from purchases of stock under ESPP: $1,807,000.00Employee stock purchase proceeds+$1.81 MRepurchases of shares: -$26,561,000.00Common stock repurchases−$26.56 MPayments for taxes related to net share settlement of stock-based awards: -$793,000.00Stock-award tax withholding−$793.00 KProceeds from exercise of stock options: $344,000.00Stock option exercises+$344.00 KNet cash used in financing activities: -$15,763,000.00. Cash required to fund net payments.Financing cash−$15.76 Mfinancing reconciliation: $27,373,000.00Acquisition of businesses and assets, net of cash acquired: $0.00Property and equipment additions: -$23,171,000.00Property and equipment additions−$23.17 MCapitalized software additions: -$4,992,000.00Capitalized software additions−$4.99 MNet cash used in investing activities: -$28,163,000.00. Cash required to fund net payments.Investing cash−$28.16 Minvesting reconciliation: $28,163,000.00Cash sources and uses: $301,049,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $270,153,000.00Beginning cash$270.15 MEnding cash: Cash, cash equivalents, and restricted cash: $256,986,000.00Ending cash$256.99 MExchange-rate effect: -$137,000.00FX effect−$137.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$30.90 MOperating cash − cash spent on productive assetsCash flow / Net income3.42×Operating cash flow ÷ net incomeNet cash change−$13.17 MEnding cash − beginning cash
Chart details

Vertex, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
270,153,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
30,896,000 US dollars. Net cash provided.
Net income
9,043,000 US dollars
Other
1,706,000 US dollars
Amortization of cloud computing implementation costs
1,358,000 US dollars
Amortization of deferred financing costs
681,000 US dollars
Depreciation and amortization
29,124,000 US dollars
Change in fair value of contingent consideration liabilities
negative 100,000 US dollars
Accounts payable
1,680,000 US dollars
Accounts receivable
6,491,000 US dollars
Non-cash operating lease costs
453,000 US dollars
Operating lease liabilities
negative 744,000 US dollars
Accrued expenses
negative 1,844,000 US dollars
Deferred revenue
negative 12,059,000 US dollars
Accrued and deferred compensation
negative 771,000 US dollars
Deferred income taxes
4,241,000 US dollars
Prepaid expenses and other current assets
negative 23,545,000 US dollars
Deferred commissions
1,713,000 US dollars
Other
14,000 US dollars
Provision for subscription cancellations and non-renewals
negative 307,000 US dollars
Stock-based compensation expense
13,762,000 US dollars
Investing activities
negative 28,163,000 US dollars. Net cash used.
Acquisition of businesses and assets, net of cash acquired
0 US dollars
Property and equipment additions
negative 23,171,000 US dollars
Capitalized software additions
negative 4,992,000 US dollars
Financing activities
negative 15,763,000 US dollars. Net cash used.
Net increase (decrease) in customer funds obligations
9,459,000 US dollars
Payments of finance lease liabilities
negative 19,000 US dollars
Payments for acquisition contingent cash earn-out
0 US dollars
Proceeds from purchases of stock under ESPP
1,807,000 US dollars
Repurchases of shares
negative 26,561,000 US dollars
Payments for taxes related to net share settlement of stock-based awards
negative 793,000 US dollars
Proceeds from exercise of stock options
344,000 US dollars
Operating adjustment reconciliation
61,223,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
27,373,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
28,163,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 137,000 US dollars
Ending cash on Jun 30, 2026
256,986,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
301,049,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 13,167,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
3.42×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
30,896,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
0 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
30,896,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $21.85M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 30,896,000 US dollars minus 0 US dollars equals 30,896,000 US dollars.
Vertex, Inc. (VERX) FY2026 Q2 Statement of Cash Flows Sankey chart
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