Vertex Pharmaceuticals (VRTX): financials, SEC filings and peers
Vertex Pharmaceuticals (VRTX) is a biotechnology company in the Health Care sector of the S&P 500, headquartered in Boston, Massachusetts.
It was founded in 1989 and joined the S&P 500 on September 23, 2013.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Pharmaceutical Preparations”.
Vertex Pharmaceuticals at a glance
- Revenue (12 months)
- $12.6B
- Revenue growth
- +10.2%
- Operating margin
- 38.0%
- Net income (12 months)
- $4.4B
- Free cash flow (12 months)
- $3.8B
- Cash
- $6.1B
- Debt
- —
- Diluted EPS (12 months)
- $17.17
Twelve months to June 30, 2026, from the 10-Q filed August 4, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Vertex Pharmaceuticals reported revenue of $12.6 billion, up 10.2% from a year earlier.
Its operating margin was 38.0%, up 3.6 percentage points from a year earlier: for every $100 of sales, about $38 was left as operating profit.
Net income was $4.4 billion (35.0% of revenue), 21.1% higher than a year earlier.
Operating cash flow was $4.3 billion and capital spending $497 million, leaving free cash flow of $3.8 billion (30.2% of revenue).
At the end of the period it held $6.1 billion in cash and not reported in debt, a net cash position of $6.1 billion.
The diluted share count fell 1.4% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $6.2 billion in fiscal 2020 to $12.0 billion in fiscal 2025, about 14.1% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin narrowed from 46.0% to 34.8% over the same years.
- Free cash flow was negative in 1 of the last 6 fiscal years.
- Vertex Pharmaceuticals reported a net loss in 1 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $7.6B | $8.9B | $9.9B | $11.0B | $12.0B |
| Revenue growth | 22.1% | 17.9% | 10.5% | 11.7% | 8.9% |
| Operating margin | 36.7% | 48.2% | 38.8% | -2.1% | 34.8% |
| Net income | $2.3B | $3.3B | $3.6B | −$536M | $4.0B |
| Free cash flow | $2.4B | $3.9B | $3.3B | −$790M | $3.2B |
| Diluted EPS | $9.01 | $12.82 | $13.89 | $-2.08 | $15.32 |
Fiscal years as reported in Vertex Pharmaceuticals’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 1, 2026 — Executive or director change
- 10-Q filed August 4, 2026 — quarterly report
- 8-K filed August 3, 2026 — Earnings results
- 8-K filed July 7, 2026 — Material agreement; Regulation FD disclosure
- 8-K filed May 13, 2026 — Executive or director change; Shareholder vote results
- 10-Q filed May 5, 2026 — quarterly report
- 8-K filed May 4, 2026 — Earnings results
- 8-K filed April 29, 2026 — Executive or director change
Companies like Vertex Pharmaceuticals
Other S&P 500 companies in Biotechnology:
- ABBVAbbVieNorth Chicago, Illinois
- AMGNAmgenThousand Oaks, California
- BIIBBiogenCambridge, Massachusetts
- GILDGilead SciencesFoster City, California
- INCYIncyteWilmington, Delaware
- MRNAModernaCambridge, Massachusetts
- REGNRegeneron PharmaceuticalsTarrytown, New York
More from Health Care
Questions about Vertex Pharmaceuticals
Is Vertex Pharmaceuticals's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $12.6 billion, up 10.2% from a year earlier, according to its SEC filings.
Is Vertex Pharmaceuticals profitable?
Yes. It earned $4.4 billion in net income over the twelve months to June 30, 2026, a net margin of 35.0%.
When did Vertex Pharmaceuticals last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 4, 2026.
Which companies are similar to Vertex Pharmaceuticals?
In the S&P 500, Vertex Pharmaceuticals is grouped in Biotechnology within the Health Care sector. AbbVie (ABBV), Amgen (AMGN), Biogen (BIIB), Gilead Sciences (GILD), Incyte (INCY) are in the same group.
Understand the numbers
Source: Vertex Pharmaceuticals’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.