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Vertex10-Q: Capex increase

Vertex increased capitalized software by $20.1M in Q1 2026, focusing on cloud-based services.

What happened

The company continues to invest heavily in its technology platform, capitalizing $20.1M in software development costs during the quarter, a 26% increase over the prior year.

Source

SEC EDGARMay 7, 2026

Quarterly report (Form 10-Q)

Vertex 10-Q

Filing excerpt

Depreciation and amortization of capitalized software and acquired intangible assets – cost of subscription revenues $20,086 [for three months ended March 31, 2026]

sec.gov/Archives/edgar/data/1806837/000110465926057207/verx-20260331x...Read the full source

Other signals in this filing (7)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Filed
May 7, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$20.1M (Capitalized software and acquired intangible asset amortization in Q1 2026)
Percent
26% (Year-over-year increase in capitalized software amortization)

Details

CIK
1806837
Accession number
0001104659-26-057207
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Technologies

  • cloud

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
capexIncrease

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/f5fa0803-8552-42f0-85a6-29d9e15a0de2 returns this record as JSON. POST /v1/companies/enrich returns every signal for vertexinc.com.

{
  "signal_id": "f5fa0803-8552-42f0-85a6-29d9e15a0de2",
  "signal_type": "sec-10q",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-05-12T09:24:58.608+00:00",
  "company": {
    "name": "Vertex",
    "domain": "vertexinc.com"
  },
  "data": {
    "detail": "The company continues to invest heavily in its technology platform, capitalizing $20.1M in software development costs during the quarter, a 26% increase over the prior year. This strategic investment in cloud services and internal systems indicates available budget for development tools, cloud infrastructure, and performance monitoring solutions.",
    "metrics": {
      "pct": 0.26,
      "timeframe": "current_quarter",
      "pct_context": "Year-over-year increase in capitalized software amortization",
      "dollar_context": "Capitalized software and acquired intangible asset amortization in Q1 2026",
      "dollar_millions": 20.1
    },
    "summary": "Vertex increased capitalized software by $20.1M in Q1 2026, focusing on cloud-based services.",
    "excerpts": "Depreciation and amortization of capitalized software and acquired intangible assets – cost of subscription revenues $20,086 [for three months ended March 31, 2026]",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1806837/000110465926057207/verx-20260331x10q.htm",
    "filing_date": "2026-05-07",
    "filing_year": 2026,
    "fiscal_year": 0,
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "technologies_mentioned": [
      "cloud"
    ]
  }
}

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