Vertex Pharmaceuticals Inc
VRTXNasdaqCIK 875320Healthcare / Drug Manufacturersfiscal year ends December70 quarters since 2009
Latest quarter Q2 FY2026, filed August 4, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
The last 16 quarters
Q3 FY2022 to Q2 FY2026, through the filing of August 4, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 5, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,334 | 2,987 | 3,190 | 3,076 | 2,965 | 2,770 | 2,912 | 2,772 | +12.5% |
| Cost of revenue | 489 | 393 | 466 | 415 | 408 | 363 | 423 | 393 | +20.0% |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Research and development | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 582 | 494 | 487 | 445 | 425 | 396 | 378 | 372 | +37.1% |
| Operating income | 1,247 | 1,138 | 1,206 | 1,186 | 1,151 | 630 | 1,026 | 1,116 | +8.3% |
| Other income (expense) | 24 | 0 | 7 | (10) | 13 | (18) | (15) | (17) | +84.1% |
| Pretax income | 1,392 | 1,253 | 1,331 | 1,299 | 1,283 | 730 | 1,137 | 1,224 | +8.5% |
| Income tax | 292 | 222 | 140 | 216 | 250 | 84 | 224 | 179 | +16.8% |
| Net income | 1,100 | 1,031 | 1,191 | 1,083 | 1,033 | 646 | 913 | 1,045 | +6.5% |
| Diluted EPS ($) | 4.31 | 4.02 | — | 4.20 | 3.99 | 2.49 | — | 4.01 | +8.0% |
| Diluted shares (millions) | 255 | 256 | — | 258 | 259 | 260 | — | 261 | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 5, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 6,144 | 5,493 | 5,085 | 4,940 | 4,972 | 4,675 | 4,570 | 5,239 | +23.6% |
| Short-term investments | 1,709 | 1,754 | 1,523 | 1,347 | 1,411 | 1,527 | 1,546 | 1,285 | +21.1% |
| Total current assets | 12,544 | 11,730 | 11,201 | 10,570 | 10,428 | 10,009 | 9,596 | 9,804 | +20.3% |
| Total assets | 27,423 | 26,484 | 25,643 | 24,862 | 24,037 | 22,881 | 22,533 | 22,240 | +14.1% |
| Total current liabilities | 3,938 | 3,881 | 3,861 | 4,475 | 4,138 | 3,783 | 3,565 | 3,973 | −4.8% |
| Long-term debt | — | — | — | — | — | — | — | — | — |
| Total liabilities | 7,175 | 7,123 | 6,977 | 7,544 | 6,861 | 6,384 | 6,124 | 6,609 | +4.6% |
| Stockholders’ equity | 20,248 | 19,362 | 18,666 | 17,319 | 17,175 | 16,496 | 16,410 | 15,631 | +17.9% |
| Shares outstanding (millions) | 253 | 254 | 254 | 254 | 256 | 257 | 257 | 258 | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.
| Millions of dollars | Q2 FY2026ended Jun 30, 2026filed Aug 4, 2026 | Q1 FY2026ended Mar 31, 2026filed May 5, 2026 | Q4 FY2025ended Dec 31, 2025filed Feb 13, 2026 | Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025 | Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025 | Q1 FY2025ended Mar 31, 2025filed May 6, 2025 | Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025 | Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024 | YoYQ2 FY2026vs Q2 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,125 | 1,428 | 498 | 1,241 | 1,073 | 819 | 585 | 1,370 | +4.9% |
| Capital expenditures | 112 | 133 | 149 | 102 | 146 | 41 | 93 | 68 | −23.0% |
| Free cash flow (CFO − capex) | 1,013 | 1,295 | 349 | 1,140 | 927 | 778 | 492 | 1,302 | +9.3% |
| Depreciation and amortization | 57 | 56 | 56 | 54 | 52 | 48 | 47 | 53 | +9.3% |
| Share repurchases | 470 | 337 | 128 | 1,071 | 392 | 426 | 418 | 308 | +19.8% |
| Dividends paid | — | — | — | — | — | — | — | — | — |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed February 13, 2026.
Income statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 13, 2026 | FY2024ended Dec 31, 2024filed Feb 13, 2025 | FY2023ended Dec 31, 2023filed Feb 15, 2024 | FY2022ended Dec 31, 2022filed Feb 10, 2023 | FY2021ended Dec 31, 2021filed Feb 9, 2022 | FY2020ended Dec 31, 2020filed Feb 11, 2021 | FY2019ended Dec 31, 2019filed Feb 13, 2020 | FY2018ended Dec 31, 2018filed Feb 13, 2019 | FY2017ended Dec 31, 2017filed Feb 15, 2018 | FY2016ended Dec 31, 2016filed Feb 23, 2017 | FY2015ended Dec 31, 2015filed Feb 16, 2016 | FY2014ended Dec 31, 2014filed Feb 13, 2015 | FY2013ended Dec 31, 2013filed Feb 11, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 22, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed May 3, 2010 | FY2008ended Dec 31, 2008filed May 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,001 | 11,020 | 9,869 | 8,931 | 7,574 | 6,206 | 4,163 | 3,048 | 2,489 | 1,702 | 1,032 | 580 | 1,212 | 1,527 | 1,411 | 143 | 102 | 176 |
| Cost of revenue | 1,651 | 1,531 | 1,262 | 1,080 | 904 | 736 | 548 | 410 | 275 | 210 | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | — | — | — | — | 3,051 | 1,830 | 1,755 | 1,416 | 1,325 | 1,048 | 996 | 856 | 882 | 766 | 708 | 637 | 550 | 517 |
| Selling, general and administrative | 1,753 | 1,464 | 1,137 | 945 | 840 | 771 | 659 | 558 | 496 | 433 | 377 | 305 | 356 | 433 | 401 | 188 | 130 | 101 |
| Operating income | 4,173 | (233) | 3,832 | 4,307 | 2,782 | 2,856 | 1,198 | 635 | 123 | 10 | (467) | (692) | (610) | 47 | 114 | (696) | (614) | (463) |
| Other income (expense) | (8) | (86) | (23) | (165) | 5 | 297 | 192 | (1) | (81) | 4 | (7) | 30 | 7 | 0 | (16) | — | — | — |
| Pretax income | 4,643 | 249 | 4,380 | 4,232 | 2,730 | 3,117 | 1,395 | 600 | (16) | (67) | (558) | (735) | (626) | 32 | 60 | (755) | (642) | (460) |
| Income tax | 690 | 784 | 760 | 910 | 388 | 405 | 218 | (1,487) | (107) | 17 | 30 | 7 | (122) | 0 | 19 | 0 | — | — |
| Net income | 3,953 | (536) | 3,620 | 3,322 | 2,342 | 2,712 | 1,177 | 2,097 | 263 | (112) | (556) | (739) | (445) | (107) | 30 | (755) | (642) | — |
| Diluted EPS ($) | 15.32 | (2.08) | 13.89 | 12.82 | 9.01 | 10.29 | 4.51 | 8.09 | 1.04 | (0.46) | (2.31) | (3.14) | (1.98) | (0.50) | 0.14 | (3.77) | (3.71) | (3.27) |
| Diluted shares (millions) | 258 | 258 | 261 | 259 | 260 | 263 | 261 | 259 | 253 | 245 | 241 | 235 | 225 | 215 | 209 | 200 | 173 | 141 |
Balance sheet
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 13, 2026 | FY2024ended Dec 31, 2024filed Feb 13, 2025 | FY2023ended Dec 31, 2023filed Feb 15, 2024 | FY2022ended Dec 31, 2022filed Feb 10, 2023 | FY2021ended Dec 31, 2021filed Feb 9, 2022 | FY2020ended Dec 31, 2020filed Feb 11, 2021 | FY2019ended Dec 31, 2019filed Feb 13, 2020 | FY2018ended Dec 31, 2018filed Feb 13, 2019 | FY2017ended Dec 31, 2017filed Feb 15, 2018 | FY2016ended Dec 31, 2016filed Feb 23, 2017 | FY2015ended Dec 31, 2015filed Feb 16, 2016 | FY2014ended Dec 31, 2014filed Feb 13, 2015 | FY2013ended Dec 31, 2013filed Feb 11, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 22, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed May 3, 2010 | FY2008ended Dec 31, 2008filed May 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 5,085 | 4,570 | 10,369 | 10,504 | 6,795 | 5,988 | 3,109 | 2,650 | 1,665 | 1,184 | 715 | 625 | 569 | 489 | 475 | 243 | 447 | 389 |
| Short-term investments | 1,523 | 1,546 | 849 | 275 | 730 | 671 | 699 | 518 | 423 | — | — | — | — | — | — | — | — | — |
| Total current assets | 11,201 | 9,596 | 14,144 | 13,235 | 9,561 | 8,133 | 4,823 | 3,843 | 2,649 | 1,832 | 1,407 | 1,547 | 1,589 | 1,590 | 1,331 | 1,057 | 1,307 | — |
| Total assets | 25,643 | 22,533 | 22,730 | 18,151 | 13,433 | 11,752 | 8,318 | 6,262 | 3,559 | 2,897 | 2,499 | 2,335 | 2,319 | 2,759 | 2,204 | 1,725 | 1,955 | — |
| Total current liabilities | 3,861 | 3,565 | 3,547 | 2,742 | 2,142 | 1,878 | 1,335 | 1,120 | 807 | 793 | 506 | 368 | 398 | 433 | 392 | 475 | 285 | — |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total liabilities | 6,977 | 6,124 | 5,150 | 4,238 | 3,333 | 3,065 | 2,233 | 1,811 | 1,504 | 1,559 | 1,405 | 1,238 | 963 | 1,525 | 1,239 | 1,221 | 859 | — |
| Stockholders’ equity | 18,666 | 16,410 | 17,580 | 13,913 | 10,100 | 8,687 | 6,085 | 4,435 | 2,029 | 1,157 | 940 | 1,075 | 1,356 | 999 | 787 | 504 | — | — |
| Shares outstanding (millions) | 254 | 257 | 258 | 257 | 255 | 260 | 259 | 256 | 254 | 248 | 246 | 242 | 236 | 218 | 210 | 204 | 202 | — |
Cash flow statement
| Millions of dollars | FY2025ended Dec 31, 2025filed Feb 13, 2026 | FY2024ended Dec 31, 2024filed Feb 13, 2025 | FY2023ended Dec 31, 2023filed Feb 15, 2024 | FY2022ended Dec 31, 2022filed Feb 10, 2023 | FY2021ended Dec 31, 2021filed Feb 9, 2022 | FY2020ended Dec 31, 2020filed Feb 11, 2021 | FY2019ended Dec 31, 2019filed Feb 13, 2020 | FY2018ended Dec 31, 2018filed Feb 13, 2019 | FY2017ended Dec 31, 2017filed Feb 15, 2018 | FY2016ended Dec 31, 2016filed Feb 23, 2017 | FY2015ended Dec 31, 2015filed Feb 16, 2016 | FY2014ended Dec 31, 2014filed Feb 13, 2015 | FY2013ended Dec 31, 2013filed Feb 11, 2014 | FY2012ended Dec 31, 2012filed Mar 1, 2013 | FY2011ended Dec 31, 2011filed Feb 22, 2012 | FY2010ended Dec 31, 2010filed Feb 17, 2011 | FY2009ended Dec 31, 2009filed May 3, 2010 | FY2008ended Dec 31, 2008filed May 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,631 | (493) | 3,537 | 4,130 | 2,644 | 3,254 | 1,569 | 1,270 | 845 | 236 | (365) | (573) | (61) | 268 | 144 | (635) | (428) | (226) |
| Capital expenditures | 438 | 298 | 200 | 205 | 235 | 260 | 75 | 95 | 99 | 57 | 45 | 51 | 51 | 71 | 35 | 38 | 23 | 32 |
| Free cash flow (CFO − capex) | 3,194 | (790) | 3,337 | 3,925 | 2,409 | 2,994 | 1,494 | 1,175 | 746 | 180 | (411) | (624) | (112) | 197 | 109 | (673) | (451) | (259) |
| Depreciation and amortization | 210 | 207 | 181 | 148 | 126 | 110 | 107 | 72 | 61 | 61 | 62 | 63 | 48 | 38 | 35 | 30 | 30 | 32 |
| Share repurchases | 2,017 | 1,177 | 428 | 0 | 1,425 | 539 | 186 | 350 | 0 | 0 | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 20, 2026 | Brennan Daniel J. | Director | award | 795 | $503.47 | $400K | 795 | Oct 22, 2026 |
| Sep 8, 2026 | van Grunsven Jasper | EVP, CP and NPPO | award | 8,682 | $0.00 | — | 8,682 | Sep 10, 2026 |
| Aug 28, 2026 | Ambrose Kristen | SVP & Chief Accounting Officer | award | 5,000 | $0.00 | — | 11,624 | Sep 1, 2026 |
| Aug 27, 2026 | Sachs Bruce I | Director | gift | 6,000 | $0.00 | — | 39,000 | Aug 31, 2026 |
| Jul 21, 2026 | Tatsis Ourania | EVP, Chief Reg. & Quality Off. | award | 8,251 | $0.00 | — | 53,572 | Jul 23, 2026 |
| Jul 21, 2026 | Sachdev Amit | EVP Chief Patient & Ext Af Off | award | 8,251 | $0.00 | — | 66,512 | Jul 23, 2026 |
| Jul 2, 2026 | Tatsis Ourania | EVP, Chief Reg. & Quality Off. | open-market sale10b5-1 | 1,500 | $524.99 | $787K | 45,321 | Jul 7, 2026 |
| Jul 2, 2026 | McKechnie Duncan | EVP, Chief Commercial Officer | open-market sale10b5-1 | 1,541 | $519.00 | $800K | 11,001 | Jul 7, 2026 |
| Jul 1, 2026 | Liu Joy | EVP and Chief Legal Officer | open-market sale10b5-1 | 828 | $502.71 | $416K | 19,131 | Jul 6, 2026 |
| Jun 26, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 596 | $482.50 | $288K | 15,337 | Jun 30, 2026 |
| Jun 18, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 1,020 | $462.17 | $471K | 15,933 | Jun 23, 2026 |
| Jun 15, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 4,062 | $450.00 | $2M | 16,953 | Jun 17, 2026 |
| Jun 5, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 1,745 | $450.00 | $785K | 21,015 | Jun 9, 2026 |
| Jun 1, 2026 | Liu Joy | EVP and Chief Legal Officer | open-market sale10b5-1 | 828 | $439.91 | $364K | 19,959 | Jun 3, 2026 |
| May 29, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 1,974 | $450.00 | $888K | 22,760 | Jun 2, 2026 |
| May 15, 2026 | Bunnage Mark E. | EVP, Chief Scientific Officer | open-market sale10b5-1 | 33 | $453.45 | $15K | 7,284 | May 19, 2026 |
| May 15, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 1,354 | $453.45 | $614K | 24,734 | May 19, 2026 |
| May 12, 2026 | Bozic Carmen | EVP and CMO | open-market sale10b5-1 | 6,988 | $450.00 | $3M | 26,088 | May 14, 2026 |
| May 4, 2026 | Bhatia Sangeeta N. | Director | open-market sale10b5-1 | 318 | $423.73 | $135K | 4,924 | May 5, 2026 |
| May 1, 2026 | Upadhyay Suketu | Director | disposition to issuer | 796 | — | — | 1,558 | May 5, 2026 |
| May 1, 2026 | Thornberry Nancy | Director | award | 472 | $0.00 | — | 2,507 | May 5, 2026 |
| May 1, 2026 | Thornberry Nancy | Director | disposition to issuer | 398 | — | — | 2,109 | May 5, 2026 |
| May 1, 2026 | Schneider Jennifer | Director | award | 472 | $0.00 | — | 2,190 | May 5, 2026 |
| May 1, 2026 | Schneider Jennifer | Director | disposition to issuer | 796 | — | — | 1,394 | May 5, 2026 |
| May 1, 2026 | Mckenzie Diana | Director | award | 943 | $0.00 | — | 3,174 | May 5, 2026 |
Full insider history for Vertex Pharmaceuticals Inc, or insider activity across all companies. A record of filings, not a recommendation.
Tracked funds holding it
1 of the tracked managers held VRTX in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded VRTX by quarter.
| Fund | Manager | Quarter | Value | Shares | Weight | Move |
|---|---|---|---|---|---|---|
| Baron Capital Group | Ron Baron | Q2 2026 | $3M | 6,000 | 0.00% | trimmed −20.0% |
Sources
Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- VERTEX PHARMACEUTICALS INC / MA, CIK 875320 on EDGAR
- Extract generated
- August 27, 2026
- Withheld
- 4 line-years whose four quarters do not sum to the filed year: income tax FY2012, operating income FY2012, pretax income FY2012, rnd FY2012
- Repaired
- none
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerExcludingAssessedTax, RevenuesCostOfGoodsAndServicesSoldResearchAndDevelopmentExpenseSellingGeneralAndAdministrativeExpenseOperatingIncomeLossOtherNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueMarketableSecuritiesCurrentAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtLiabilitiesStockholdersEquitydei:EntityCommonStockSharesOutstandingCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockThe data
The statements on this page as files, generated August 27, 2026.
- JSON file
/data/financials/VRTX.json