VERTEX PHARMACEUTICALS INC / MA (VRTX)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue3,076,400,000$2,964,700,000$2,770,200,000$2,912,000,000$2,771,900,000$2,645,600,000$2,690,600,000$2,517,700,000$2,483,500,000$2,493,200,000$2,374,800,000$2,302,700,000$2,334,300,000$2,196,200,000$2,097,500,000$2,072,600,000$1,984,100,000$1,793,400,000$1,724,300,000$1,627,820,000$1,538,271,000$1,524,485,000$1,515,107,000$1,413,265,000$949,828,000$941,293,000$858,435,000$870,106,000$784,535,000$752,157,000$640,799,000$651,634,000$578,165,000$544,135,000$714,718,000$458,706,000$413,783,000$431,608,000$398,080,000$417,935,000$309,816,000$166,076,000$138,509,000$144,556,000$178,987,000$138,421,000$118,451,000$351,157,000$
QoQ%3.77%7.02%(4.87%)5.05%4.77%(1.67%)6.87%1.38%(.39%)4.99%3.13%(1.35%)6.29%4.71%1.20%4.46%10.63%4.01%5.93%5.82%.90%.62%7.21%48.79%.91%9.65%(1.34%)10.91%4.31%17.38%(1.66%)12.71%6.25%(23.87%)55.81%10.86%(4.13%)8.42%(4.75%)34.90%86.55%19.90%(4.18%)(19.24%)29.31%16.86%(66.27%)58.39%
YoY%10.99%12.06%2.96%15.66%11.61%6.11%13.30%9.34%6.39%13.52%13.22%11.10%17.65%22.46%21.64%27.32%28.98%17.64%13.81%15.18%61.95%61.96%76.50%62.42%21.07%25.15%33.96%33.53%35.69%38.23%(10.34%)42.06%39.73%26.07%79.54%9.76%33.56%159.89%187.40%189.12%73.09%19.98%16.93%(58.83%)(19.27%)(55.46%)(63.93%)5.14%
Cost Of Revenue414,800,000$407,500,000$363,000,000$423,400,000$392,600,000$371,900,000$342,600,000$368,000,000$318,700,000$308,600,000$266,900,000$283,300,000$289,400,000$261,800,000$245,800,000$247,400,000$236,500,000$228,000,000$192,300,000$203,101,000$186,182,000$184,520,000$162,497,000$185,012,000$131,914,000$135,740,000$95,092,000$122,289,000$111,255,000$104,382,000$71,613,000$83,712,000$72,186,000$71,205,000$46,988,000$59,646,000$53,222,000$44,154,000$49,789,000$62,092,000$30,269,000$15,409,000$9,381,000$11,290,000$10,208,000$9,655,000$8,572,000$13,281,000$
Gross Profit2,661,600,000$2,557,200,000$2,407,200,000$2,488,600,000$2,379,300,000$2,273,700,000$2,348,000,000$2,149,700,000$2,164,800,000$2,184,600,000$2,107,900,000$2,019,400,000$2,044,900,000$1,934,400,000$1,851,700,000$1,825,200,000$1,747,600,000$1,565,400,000$1,532,000,000$1,424,719,000$1,352,089,000$1,339,965,000$1,352,610,000$1,228,253,000$817,914,000$805,553,000$763,343,000$747,817,000$673,280,000$647,775,000$569,186,000$567,922,000$505,979,000$472,930,000$667,730,000$399,060,000$360,561,000$387,454,000$348,291,000$355,843,000$279,547,000$150,667,000$129,128,000$133,266,000$168,779,000$128,766,000$109,879,000$337,876,000$
Gross Margin86.52%86.26%86.90%85.46%85.84%85.94%87.27%85.38%87.17%87.62%88.76%87.70%87.60%88.08%88.28%88.06%88.08%87.29%88.85%87.52%87.90%87.90%89.28%86.91%86.11%85.58%88.92%85.95%85.82%86.12%88.82%87.15%87.52%86.91%93.43%87.00%87.14%89.77%87.49%85.14%90.23%90.72%93.23%92.19%94.30%93.03%92.76%96.22%
Operating Expenses1,475,400,000$1,406,100,000$1,777,100,000$1,462,600,000$1,263,000,000$5,788,400,000$1,208,500,000$1,161,200,000$1,126,700,000$1,158,200,000$1,328,900,000$985,900,000$918,200,000$828,100,000$810,800,000$947,500,000$693,100,000$1,603,300,000$644,200,000$678,927,000$679,848,000$621,932,000$632,386,000$676,788,000$718,581,000$535,593,000$486,535,000$620,095,000$467,631,000$474,897,000$440,285,000$442,185,000$832,022,000$420,223,000$396,888,000$359,420,000$379,288,000$384,101,000$362,621,000$409,547,000$349,573,000$321,831,000$301,113,000$286,891,000$310,982,000$309,308,000$325,921,000$348,157,000$
Operating Income1,186,200,000$1,151,100,000$630,100,000$1,026,000,000$1,116,300,000$(3,514,700,000$)1,139,500,000$988,500,000$1,038,100,000$1,026,400,000$779,000,000$1,033,500,000$1,126,700,000$1,106,300,000$1,040,900,000$877,700,000$1,054,500,000$(37,900,000$)887,800,000$745,792,000$672,241,000$718,033,000$720,224,000$551,465,000$99,333,000$269,960,000$276,808,000$127,722,000$205,649,000$172,878,000$128,901,000$125,737,000$(326,043,000$)52,707,000$270,842,000$39,640,000$(18,727,000$)3,353,000$(14,330,000$)(53,704,000$)(70,026,000$)(171,164,000$)(171,985,000$)(153,625,000$)(142,203,000$)(180,542,000$)(216,042,000$)(10,281,000$)
Operating Margin38.56%38.83%22.75%35.23%40.27%(132.85%)42.35%39.26%41.80%41.17%32.80%44.88%48.27%50.37%49.63%42.35%53.15%(2.11%)51.49%45.82%43.70%47.10%47.54%39.02%10.46%28.68%32.25%14.68%26.21%22.98%20.12%19.30%(56.39%)9.69%37.90%8.64%(4.53%).78%(3.60%)(12.85%)(22.60%)(103.06%)(124.17%)(106.27%)(79.45%)(130.43%)(182.39%)(2.93%)
Interest Income0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Interest Expenses10,400,000$10,600,000$10,900,000$11,200,000$11,400,000$11,600,000$13,700,000$14,600,000$14,900,000$15,100,000$15,200,000$15,500,000$15,700,000$16,288,000$13,856,000$13,871,000$14,136,000$14,249,000$14,548,000$14,837,000$14,868,000$18,744,000$18,686,000$18,155,000$16,886,000$12,547,000$13,574,000$14,664,000$16,765,000$20,439,000$20,140,000$20,155,000$20,698,000$20,654,000$21,134,000$21,111,000$21,307,000$21,177,000$20,384,000$15,585,000$15,717,000$12,626,000$
Income Before Tax1,298,800,000$1,283,000,000$730,400,000$1,136,500,000$1,224,100,000$(3,391,200,000$)1,279,100,000$1,147,600,000$1,179,200,000$1,161,500,000$891,500,000$1,076,800,000$1,176,400,000$1,024,400,000$954,800,000$870,900,000$1,082,800,000$(44,200,000$)820,900,000$888,725,000$745,871,000$824,770,000$657,534,000$676,950,000$70,666,000$327,138,000$320,165,000$32,497,000$136,511,000$216,591,000$214,642,000$112,442,000$(417,170,000$)35,506,000$253,533,000$20,306,000$(39,034,000$)(18,021,000$)(30,617,000$)(76,048,000$)(92,486,000$)(190,861,000$)(198,405,000$)(178,594,000$)(166,577,000$)(158,396,000$)(231,308,000$)(19,568,000$)
Tax Expenses215,900,000$250,100,000$84,100,000$223,500,000$178,700,000$202,400,000$179,500,000$178,800,000$143,900,000$245,800,000$191,700,000$257,900,000$245,900,000$213,900,000$192,700,000$100,800,000$230,900,000$(111,200,000$)167,800,000$284,433,000$78,437,000$(12,500,000$)54,781,000$93,716,000$13,148,000$59,711,000$51,534,000$(1,492,599,000$)8,055,000$10,341,000$(12,659,000$)10,257,000$(125,903,000$)4,337,000$3,985,000$(7,453,000$)503,000$18,130,000$5,485,000$(1,379,000$)1,330,000$30,131,000$299,000$2,043,000$3,419,000$693,000$803,000$1,352,000$
Net Income1,082,900,000$1,032,900,000$646,300,000$913,000,000$1,045,400,000$(3,593,600,000$)1,099,600,000$968,800,000$1,035,300,000$915,700,000$699,800,000$818,900,000$930,500,000$810,500,000$762,100,000$770,100,000$851,900,000$67,000,000$653,100,000$604,190,000$667,434,000$837,270,000$602,753,000$583,234,000$57,518,000$267,427,000$268,631,000$1,525,096,000$128,456,000$206,250,000$227,301,000$102,185,000$(291,267,000$)31,169,000$249,548,000$27,759,000$(39,537,000$)(36,151,000$)(36,102,000$)(74,669,000$)(93,816,000$)(220,992,000$)(198,704,000$)(180,846,000$)(170,060,000$)(159,382,000$)(232,457,000$)(184,549,000$)
Profit Margin35.20%34.84%23.33%31.35%37.71%(135.83%)40.87%38.48%41.69%36.73%29.47%35.56%39.86%36.91%36.33%37.16%42.94%3.74%37.88%37.12%43.39%54.92%39.78%41.27%6.06%28.41%31.29%175.28%16.37%27.42%35.47%15.68%(50.38%)5.73%34.92%6.05%(9.56%)(8.38%)(9.07%)(17.87%)(30.28%)(133.07%)(143.46%)(125.10%)(95.01%)(115.14%)(196.25%)(52.56%)
TTM31.35%31.86%(8.91%)(4.86%)(4.52%)(4.74%)39.46%36.68%35.94%35.40%35.40%37.20%37.62%38.26%30.84%30.92%30.52%29.80%43.06%43.70%44.91%38.51%31.35%28.27%58.53%63.39%65.19%68.48%23.48%9.32%2.87%3.68%.75%12.62%9.99%(4.94%)(11.22%)(15.46%)(32.94%)(56.98%)(91.49%)(122.68%)(118.07%)(127.97%)(94.85%)(84.97%)(60.61%)(56.73%)
Earnings to Minority0$(25,431,000$)(290,000$)(1,110,000$)17,038,000$1,501,000$(188,315,000$)13,173,000$1,792,000$(5,186,000$)(696,000$)28,374,000$5,529,000$(938,000$)1,333,000$(32,144,000$)(98,000$)(4,190,000$)0$0$0$(228,834,000$)
Earnings to Common Shareholders1,082,900,000$1,032,900,000$646,300,000$913,000,000$1,045,400,000$(3,593,600,000$)1,099,600,000$968,800,000$1,035,300,000$915,700,000$699,800,000$818,900,000$930,500,000$810,500,000$762,100,000$770,100,000$851,900,000$67,000,000$653,100,000$604,190,000$667,434,000$837,270,000$602,753,000$583,234,000$57,518,000$267,427,000$268,631,000$1,550,187,000$128,732,000$207,295,000$210,164,000$100,594,000$(102,952,000$)17,973,000$247,350,000$32,945,000$(38,841,000$)(64,525,000$)(41,631,000$)(73,731,000$)(95,149,000$)(188,848,000$)(198,606,000$)(176,656,000$)(170,060,000$)(159,382,000$)(232,457,000$)44,285,000$
QoQ%4.84%59.82%(29.21%)(12.67%)129.09%(426.81%)13.50%(6.42%)13.06%30.85%(14.54%)(11.99%)14.81%6.35%(1.04%)(9.60%)1,171.49%(89.74%)8.10%(9.48%)(20.28%)38.91%3.35%914.00%(78.49%)(.45%)(82.67%)1,104.20%(37.90%)(1.37%)108.92%197.71%(672.82%)(92.73%)650.80%184.82%39.81%(54.99%)43.54%22.51%49.62%4.91%(12.43%)(3.88%)(6.70%)31.44%(624.91%)135.68%
YoY%3.59%128.74%(41.22%)(5.76%).98%(492.44%)57.13%18.31%11.26%12.98%(8.18%)6.34%9.23%1,109.70%16.69%27.46%27.64%(92.00%)8.35%3.59%1,060.39%213.08%124.38%(62.38%)(55.32%)29.01%27.82%1,441.03%225.04%1,053.37%(15.03%)205.34%(165.06%)127.85%694.15%144.68%59.18%65.83%79.04%58.26%44.05%(18.49%)14.56%(498.91%)(37.00%)(178.81%)24.53%(29.52%)
Earnings Per Share, Basic4.24$4.02$2.52$3.55$4.05$(13.92$)4.26$3.76$4.01$3.55$2.72$3.19$3.63$3.17$2.99$3.03$3.30$0.26$2.52$2.32$2.56$3.22$2.32$2.26$0.22$1.04$1.05$6.08$0.51$0.82$0.83$0.40$(0.41$)0.07$1.01$0.13$(0.16$)(0.26$)(0.17$)(0.30$)(0.39$)(0.78$)(0.83$)(0.74$)(0.72$)(0.68$)(1.00$)0.19$
Earnings Per Share, Diluted4.20$3.99$2.49$3.63$4.01$(13.92$)4.21$3.72$3.97$3.52$2.69$3.15$3.59$3.13$2.96$3.00$3.28$0.26$2.49$2.30$2.53$3.18$2.29$2.23$0.22$1.03$1.03$5.97$0.50$0.80$0.81$0.39$(0.41$)0.07$0.99$0.13$(0.16$)(0.26$)(0.17$)(0.30$)(0.39$)(0.78$)(0.83$)(0.74$)(0.72$)(0.68$)(1.00$)0.19$
Unlevered FCF Per Share, Basic4.46$3.61$3.03$1.91$5.05$(14.81$)4.80$0.68$4.76$4.17$3.33$4.07$3.51$4.25$3.50$3.67$3.39$(0.96$)3.28$1.71$2.81$3.93$3.06$1.66$1.21$1.75$1.20$1.17$1.41$1.15$0.88$0.73$0.57$0.66$1.03$0.53$0.21$0.10$(0.11$)0.07$(0.29$)(0.51$)(0.97$)(0.82$)(0.41$)(0.60$)(0.82$)0.02$
Unlevered FCF Per Share, Diluted4.42$3.58$3.00$1.96$4.99$(14.81$)4.74$0.68$4.71$4.13$3.30$4.01$3.47$4.20$3.46$3.63$3.37$(0.96$)3.25$1.69$2.78$3.87$3.02$1.64$1.19$1.72$1.18$1.15$1.39$1.13$0.86$0.72$0.57$0.65$1.02$0.52$0.21$0.10$(0.11$)0.07$(0.29$)(0.51$)(0.97$)(0.82$)(0.41$)(0.60$)(0.82$)0.02$
Average Shares, Basic255,600,000256,700,000256,900,000257,300,000258,000,000258,100,000258,200,000257,700,000258,000,000257,700,000257,400,000256,900,000256,500,000255,900,000255,100,000254,500,000257,900,000259,000,000259,400,000260,038,000260,392,000259,637,000259,815,000258,003,000256,946,000256,154,000255,695,000254,868,000254,905,000254,135,000253,231,000251,557,000250,268,000247,521,000246,024,000245,454,000244,920,000244,482,000243,831,000242,987,000241,969,000240,757,000239,493,000238,272,000236,137,000233,808,000232,887,000231,264,000
Average Shares, Diluted257,600,000258,900,000259,500,000251,400,000261,000,000258,100,000261,100,000260,700,000260,600,000260,400,000260,300,000260,300,000259,500,000258,700,000257,900,000257,000,000259,700,000261,000,000261,900,000263,106,000264,079,000263,403,000263,515,000262,108,000260,473,000259,822,000260,175,000259,812,000259,788,000258,584,000258,526,000256,804,000250,268,000251,635,000248,700,000247,757,000244,920,000244,482,000243,831,000242,987,000241,969,000240,757,000239,493,000238,272,000236,137,000233,808,000232,887,000235,717,000
EBIT1,298,800,000$1,283,000,000$730,400,000$1,136,500,000$1,224,100,000$(3,391,200,000$)1,289,500,000$1,158,200,000$1,190,100,000$1,172,700,000$902,900,000$1,088,400,000$1,190,100,000$1,039,000,000$969,700,000$886,000,000$1,098,000,000$(28,700,000$)836,600,000$905,013,000$759,727,000$838,641,000$671,670,000$691,199,000$85,214,000$341,975,000$335,033,000$51,241,000$155,197,000$234,746,000$231,528,000$124,989,000$(403,596,000$)50,170,000$270,298,000$40,745,000$(18,894,000$)2,134,000$(9,919,000$)(55,394,000$)(71,352,000$)(169,750,000$)(177,098,000$)(157,417,000$)(146,193,000$)(142,811,000$)(215,591,000$)(6,942,000$)
EBITDA1,352,800,000$1,334,700,000$778,800,000$1,183,000,000$1,277,300,000$(3,337,200,000$)1,343,000,000$1,217,200,000$1,232,200,000$1,214,100,000$941,700,000$1,126,800,000$1,226,800,000$1,076,300,000$1,005,600,000$919,800,000$1,129,700,000$2,600,000$865,400,000$934,353,000$786,369,000$865,338,000$698,491,000$717,414,000$111,061,000$369,673,000$362,173,000$70,067,000$174,389,000$252,805,000$247,871,000$141,421,000$(388,371,000$)65,060,000$285,148,000$56,196,000$(4,325,000$)17,097,000$6,496,000$(39,647,000$)(55,184,000$)(155,685,000$)(160,735,000$)(141,081,000$)(129,232,000$)(128,639,000$)(199,803,000$)10,689,000$