Income Statement - VERTEX PHARMACEUTICALS INC / MA (VRTX)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,074.60 | 11,020.10 | 9,869.20 | 8,930.70 | 7,574.40 | 6,205.68 | 4,162.82 | 3,047.60 | 2,488.65 | 1,702.18 | 1,032.34 | 580.42 | 1,211.98 | 1,527.04 | 1,410.63 | 143.37 | 102.05 | 175.50 | 199.01 | 216.36 |
| Cost of revenue | 1,807.10 | 1,530.50 | 1,262.20 | 1,080.30 | 904.20 | 736.30 | 547.76 | 409.54 | 275.12 | 210.46 | 125.54 | 60.99 | 130.28 | 279.89 | 80.51 | 12.73 | 14.20 | 15.69 | 13.90 | 12.17 |
| Gross profit | 10,267.50 | 9,489.60 | 8,607.00 | 7,850.40 | 6,670.20 | 5,469.38 | 3,615.06 | 2,638.06 | 2,213.53 | 1,491.72 | 906.79 | 519.43 | 1,081.70 | 1,247.16 | 1,330.12 | 130.64 | 87.85 | 159.82 | 185.11 | 204.19 |
| Total operating expenses | 5,506.80 | 9,722.50 | 4,775.00 | 3,543.00 | 3,891.20 | 2,613.10 | 2,413.04 | 1,974.09 | 1,820.70 | 1,480.52 | 1,373.25 | 1,160.92 | 1,281.13 | 1,242.98 | 1,108.43 | 825.22 | 679.98 | 618.20 | 597.78 | 429.57 |
| Operating income | 4,760.70 | -232.90 | 3,832.00 | 4,307.40 | 2,782.10 | 2,856.30 | 1,197.57 | 635.15 | 123.24 | 9.94 | -468.66 | -692.41 | -903.45 | 2.33 | 113.82 | -696.08 | -613.41 | -462.71 | -419.79 | -229.04 |
| Non-operating income (net) | -117.50 | 481.40 | 547.80 | -75.00 | -51.70 | 260.60 | 197.35 | -34.91 | -138.93 | -77.30 | -90.92 | -42.46 | -72.67 | -14.71 | -53.38 | -58.55 | -28.77 | -1.47 | -7.12 | 22.15 |
| Income before tax | 4,643.20 | 248.50 | 4,379.80 | 4,232.40 | 2,730.40 | 3,116.90 | 1,394.92 | 600.24 | -15.69 | -67.37 | -559.58 | -734.88 | -976.12 | -12.38 | 60.45 | -754.63 | -642.18 | -464.18 | -426.91 | -206.89 |
| Income tax expense | 690.00 | 784.10 | 760.20 | 910.40 | 388.30 | 405.15 | 218.11 | -1,486.86 | -107.32 | 16.67 | 30.38 | 6.96 | -288.57 | 38.75 | 19.27 | 19.28 | 19.34 | -30.73 | -21.39 | -18.50 |
| Net income | 3,953.20 | -535.60 | 3,619.60 | 3,322.00 | 2,342.10 | 2,711.70 | 1,176.81 | 2,096.90 | 263.48 | -112.05 | -558.12 | -738.56 | -445.03 | -107.03 | 29.57 | -754.63 | -641.58 | -459.85 | -391.28 | -206.89 |
Show Quarterly Income Statement
Income Statement - VERTEX PHARMACEUTICALS INC / MA (VRTX)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,986.90 | 3,227.10 | 3,076.40 | 2,964.70 | 2,770.20 | 2,912.00 | 2,771.90 | 2,645.60 | 2,687.20 | 2,517.70 | 2,483.50 | 2,493.20 | 2,374.80 | 2,302.70 | 2,334.30 | 2,196.20 | 2,097.50 | 2,072.60 | 1,984.16 | 1,793.37 | 1,724.31 | 1,627.82 | 1,538.27 | 1,524.49 | 1,515.11 | 1,413.27 | 949.83 | 941.29 | 858.44 | 870.11 | 784.54 | 752.16 | 640.80 | 651.63 | 578.17 | 544.14 | 714.72 | 458.71 | 413.78 | 431.61 | 398.08 | 417.94 | 309.82 | 166.08 | 138.51 | 144.56 | 178.99 | 138.42 | 118.45 | 351.16 | 221.70 | 310.75 | 328.37 | 333.99 | 336.01 | 418.31 | 438.74 | 563.34 | 659.20 | 114.42 | 73.66 | 65.52 | 23.80 | 31.62 | 22.43 | 33.89 | 24.96 | 19.06 | 23.98 | 32.81 | 31.61 | 69.41 | 41.68 | 50.99 | 41.01 | 38.20 | 68.81 | 94.25 | 53.29 | 29.73 | 39.09 |
| Cost of revenue | 392.80 | 466.00 | 414.80 | 407.50 | 363.00 | 423.40 | 392.60 | 371.90 | 342.60 | 368.00 | 318.70 | 308.60 | 266.90 | 283.30 | 289.40 | 261.80 | 245.80 | 247.40 | 236.51 | 227.97 | 192.33 | 203.10 | 186.18 | 184.52 | 162.50 | 185.01 | 131.91 | 135.74 | 95.09 | 122.29 | 111.26 | 104.38 | 71.61 | 84.05 | 72.87 | 71.21 | 46.99 | 60.48 | 54.08 | 45.25 | 50.65 | 64.42 | 31.96 | 16.86 | 12.31 | 14.03 | 14.18 | 17.30 | 15.48 | 22.26 | 27.34 | 37.93 | 42.74 | 87.72 | 38.54 | 114.42 | 39.21 | 30.13 | 38.41 | 9.31 | 2.67 | 3.05 | 3.23 | 3.09 | 3.37 | 3.65 | 3.71 | 3.27 | 3.58 | 4.22 | 4.19 | 3.70 | 3.58 | 3.67 | 3.56 | 3.40 | 3.27 | 3.18 | 3.11 | 2.89 | 3.00 |
| Gross profit | 2,594.10 | 2,761.10 | 2,661.60 | 2,557.20 | 2,407.20 | 2,488.60 | 2,379.30 | 2,273.70 | 2,344.60 | 2,149.70 | 2,164.80 | 2,184.60 | 2,107.90 | 2,019.40 | 2,044.90 | 1,934.40 | 1,851.70 | 1,825.20 | 1,747.65 | 1,565.40 | 1,531.98 | 1,424.72 | 1,352.09 | 1,339.97 | 1,352.61 | 1,228.25 | 817.91 | 805.55 | 763.34 | 747.82 | 673.28 | 647.78 | 569.19 | 567.58 | 505.29 | 472.93 | 667.73 | 398.22 | 359.71 | 386.36 | 347.43 | 353.52 | 277.86 | 149.22 | 126.20 | 130.53 | 164.80 | 121.12 | 102.98 | 328.89 | 194.36 | 272.82 | 285.63 | 246.28 | 297.47 | 303.88 | 399.53 | 533.21 | 620.79 | 105.12 | 71.00 | 62.48 | 20.57 | 28.54 | 19.06 | 30.24 | 21.25 | 15.80 | 20.40 | 28.60 | 27.42 | 65.71 | 38.10 | 47.32 | 37.45 | 34.80 | 65.54 | 91.08 | 50.18 | 26.84 | 36.09 |
| Total operating expenses | 1,456.00 | 1,460.70 | 1,475.40 | 1,406.10 | 1,777.10 | 1,462.60 | 1,263.00 | 5,788.40 | 1,208.50 | 1,161.20 | 1,125.50 | 1,158.80 | 1,328.90 | 985.90 | 918.20 | 828.10 | 810.80 | 949.50 | 691.94 | 1,603.30 | 648.05 | 678.43 | 678.05 | 621.93 | 630.79 | 675.29 | 715.62 | 535.59 | 486.54 | 591.09 | 467.81 | 474.84 | 440.36 | 441.46 | 575.66 | 416.70 | 386.89 | 358.36 | 381.43 | 382.66 | 361.07 | 407.48 | 346.06 | 318.25 | 301.46 | 279.99 | 266.16 | 302.23 | 313.18 | 324.80 | 316.37 | 328.98 | 310.97 | 323.56 | 297.85 | 314.06 | 307.52 | 308.32 | 299.71 | 270.27 | 230.14 | 231.37 | 219.29 | 196.00 | 178.56 | 167.80 | 168.70 | 171.86 | 172.10 | 168.82 | 157.16 | 156.02 | 136.21 | 138.79 | 150.37 | 159.51 | 149.12 | 124.98 | 110.89 | 105.62 | 88.08 |
| Operating income | 1,138.10 | 1,300.40 | 1,186.20 | 1,151.10 | 630.10 | 1,026.00 | 1,116.30 | -3,514.70 | 1,139.50 | 988.50 | 1,038.10 | 1,026.40 | 779.00 | 1,033.50 | 1,126.70 | 1,106.30 | 1,040.90 | 877.70 | 1,054.51 | -37.90 | 887.83 | 745.79 | 672.24 | 718.03 | 720.22 | 551.47 | 99.33 | 269.96 | 276.81 | 127.72 | 205.65 | 172.88 | 128.90 | 125.74 | -326.04 | 52.71 | 270.84 | 39.64 | -21.73 | 3.35 | -14.33 | -55.49 | -70.03 | -171.16 | -171.99 | -153.63 | -142.20 | -180.84 | -216.39 | -274.16 | -134.06 | -56.93 | -438.29 | -77.48 | -1.07 | -10.77 | 91.65 | 223.90 | 215.71 | -165.89 | -159.90 | -166.63 | -199.59 | -169.57 | -160.28 | -146.72 | -148.23 | -157.17 | -161.89 | -141.86 | -130.63 | -91.48 | -98.74 | -91.75 | -113.80 | -125.62 | -88.63 | -34.93 | -62.13 | -79.22 | -52.76 |
| Non-operating income (net) | 114.80 | 30.60 | 112.60 | 131.90 | 100.30 | 110.50 | 107.80 | 123.50 | 139.60 | 159.10 | 141.10 | 135.10 | 112.50 | 43.30 | 49.70 | -81.90 | -86.10 | -6.80 | 28.23 | -6.30 | -66.87 | 142.83 | 73.63 | 106.74 | -62.69 | 125.49 | -28.67 | 57.18 | 43.36 | -95.23 | -69.14 | 43.71 | 85.74 | -13.30 | -91.13 | -17.20 | -17.31 | -19.33 | -20.31 | -21.37 | -16.29 | -22.34 | -22.46 | -19.70 | -26.42 | -24.97 | -24.37 | 22.15 | -15.27 | -66.09 | 4.65 | -6.58 | -4.65 | -3.30 | -4.04 | -3.64 | -3.74 | -13.10 | -15.10 | -8.98 | -16.20 | -4.34 | -9.37 | -30.43 | -4.99 | -495.46 | -1.33 | -14.13 | -0.78 | -1.64 | 0.58 | 0.16 | 2.58 | -0.28 | 6.76 | 7.85 | 7.90 | -171.96 | 10.33 | 1.56 | 2.67 |
| Income before tax | 1,252.90 | 1,331.00 | 1,298.80 | 1,283.00 | 730.40 | 1,136.50 | 1,224.10 | -3,391.20 | 1,279.10 | 1,147.60 | 1,179.20 | 1,161.50 | 891.50 | 1,076.80 | 1,176.40 | 1,024.40 | 954.80 | 870.90 | 1,082.74 | -44.20 | 820.96 | 888.62 | 745.87 | 824.77 | 657.53 | 676.95 | 70.67 | 327.14 | 320.17 | 32.50 | 136.51 | 216.59 | 214.64 | 112.44 | -417.17 | 35.51 | 253.53 | 20.31 | -42.03 | -18.02 | -30.62 | -77.83 | -92.49 | -190.86 | -198.41 | -178.59 | -166.58 | -158.69 | -231.65 | -340.25 | -129.41 | -63.51 | -442.94 | -80.77 | -5.11 | -14.41 | 87.91 | 210.80 | 200.61 | -174.87 | -176.10 | -170.97 | -208.96 | -200.01 | -165.27 | -642.18 | -149.57 | -171.30 | -162.67 | -143.50 | -130.04 | -91.32 | -96.15 | -92.02 | -107.03 | -117.77 | -80.73 | -206.89 | -51.80 | -77.66 | -50.09 |
| Income tax expense | 221.50 | 139.90 | 215.90 | 250.10 | 84.10 | 223.50 | 178.70 | 202.40 | 179.50 | 178.80 | 143.90 | 245.80 | 191.70 | 257.90 | 245.90 | 213.90 | 192.70 | 100.80 | 230.81 | -111.18 | 167.82 | 284.43 | 78.44 | -12.50 | 54.78 | 93.72 | 13.15 | 59.71 | 51.53 | -1,492.60 | 8.06 | 10.34 | -12.66 | 10.26 | -125.90 | 4.34 | 3.99 | -7.45 | 0.50 | 18.13 | 5.49 | -1.38 | 1.33 | 30.13 | 0.30 | 2.04 | 3.42 | 0.69 | 0.80 | -155.70 | -0.75 | -1.80 | -130.31 | -2.70 | 21.36 | 20.06 | 0.03 | 22.66 | -27.84 | 24.45 | 8.10 | -29.27 | 3.48 | 24.63 | -1.82 | -483.53 | -4.71 | 7.49 | 10.97 | 2.11 | 0.30 | 1.01 | -1.95 | -5.72 | -5.88 | -6.95 | -2.85 | -179.55 | -8.91 | -1.12 | -1.90 |
| Net income | 1,031.40 | 1,191.10 | 1,082.90 | 1,032.90 | 646.30 | 913.00 | 1,045.40 | -3,593.60 | 1,099.60 | 968.80 | 1,035.30 | 915.70 | 699.80 | 818.90 | 930.50 | 810.50 | 762.10 | 770.10 | 851.93 | 66.92 | 653.14 | 604.19 | 667.43 | 837.27 | 602.75 | 583.23 | 57.52 | 267.43 | 268.63 | 1,550.53 | 128.75 | 207.36 | 210.26 | 100.68 | -102.95 | 18.00 | 247.76 | 32.95 | -41.84 | -64.53 | -41.63 | -75.51 | -95.15 | -188.85 | -198.61 | -176.66 | -170.06 | -159.38 | -232.46 | 44.29 | -124.13 | -57.17 | -308.02 | -76.15 | -57.54 | -64.93 | 91.59 | 158.63 | 221.11 | -174.07 | -176.10 | -180.39 | -208.96 | -200.01 | -165.27 | -158.64 | -149.57 | -171.30 | -162.67 | -142.33 | -130.04 | -91.32 | -96.15 | -85.75 | -107.03 | -117.77 | -80.73 | -27.34 | -51.80 | -77.66 | -50.09 |