The Inventing Press

VERTEX PHARMACEUTICALS INC / MA

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$12.0B$11.0B$9.9B$8.9B$7.6B
Cost of revenue$1.7B$1.5B$1.3B$1.1B$904.2M
Selling, general & administrative$1.8B$1.5B$1.1B$944.7M$840.1M
Research and development$3.9B$3.6B$3.2B$2.5B$3.1B
Operating income$4.2B-$232.9M$3.8B$4.3B$2.8B
Interest expense$13.3M$30.6M$44.1M$54.8M
Pretax income$4.6B$248.5M$4.4B$4.2B$2.7B
Income tax expense$690.0M$784.1M$760.2M$910.4M$388.3M
Net income$4.0B-$535.6M$3.6B$3.3B$2.3B
Balance Sheet
Cash and equivalents$5.1B$4.6B$10.4B$10.5B$6.8B
Current assets$11.2B$9.6B$14.1B$13.2B$9.6B
Total assets$25.6B$22.5B$22.7B$18.2B$13.4B
Current liabilities$3.9B$3.6B$3.5B$2.7B$2.1B
Total liabilities$7.0B$6.1B$5.1B$4.2B$3.3B
Stockholders' equity$18.7B$16.4B$17.6B$13.9B$10.1B
Cash Flow Statement
Cash from operations$3.6B-$492.6M$3.5B$4.1B$2.6B
Depreciation and amortization$209.8M$207.2M$181.3M$148.3M$125.6M
Stock-based compensation$685.9M$698.5M$581.2M$491.3M$441.4M
Capital expenditure$437.6M$297.7M$200.4M$204.7M$235.0M
Free cash flow$3.2B-$790.3M$3.3B$3.9B$2.4B
Share repurchases$2.0B$1.2B$427.6M$0$1.4B
Impairments$379.0M$0$0

Shares outstanding 253.8M · Free float 99.8%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.