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Vertex Pharmaceuticals Inc

VRTXNasdaqPharmaceutical PreparationsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 15/3037% above fair value
$553.15−5.73 (-1.03%)

Close on Nov 2, 2026Market cap $140.20BP/E 32.2Yield –

Vertex Pharmaceuticals Development by Year

Development — Outsourced clinical trials, CROs, manufacturing & other direct costs ($M) ($M)

Vertex Pharmaceuticals Development: $1,494M in FY2025, up 20.5% from a year earlier. That is the highest of the 9 years on record here.

Latest, FY2025
1,494
Period ended Dec 31, 2025
Change on a year earlier
+20.5%
1,239 in FY2024
History
9 years
Since FY2017
Sources
7
Documents cited below

Where the FY2025 figure comes from

“|| Outsourced services and other direct expenses | 1,493.5 | 21% | 1,239.1 | 0% | 1,238.7”

Source: Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗

Reported in Form 10-Q / 10-K MD&A (Development Expenses Disaggregation Table).

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedDevelopment — Outsourced clinical trials, CROs, manufacturing & other direct costs ($M) ($M)Year on yearSource
FY2025Dec 31, 20251,494+20.5%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
FY2024Dec 31, 20241,2390.0%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
FY2023Dec 31, 20231,239+35.7%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
FY2022Dec 31, 2022913+45.0%Form 10-K (vrtx-20241231.htm, filed 2025-02-13) ↗
FY2021Dec 31, 2021629+22.9%Form 10-K (vrtx-20231231.htm, filed 2024-02-15) ↗
FY2020Dec 31, 2020512+20.5%Form 10-K (vrtx-20221231.htm, filed 2023-02-10) ↗
FY2019Dec 31, 2019425-9.8%Form 10-K (vrtx-20211231.htm, filed 2022-02-09) ↗
FY2018Dec 31, 2018471+18.7%Form 10-K (vrtx-20201231.htm, filed 2021-02-11) ↗
FY2017Dec 31, 2017397–Form 10-K (a201910k-main.htm, filed 2020-02-13) ↗

Cite this data

StockData. (2026). Vertex Pharmaceuticals Development ($M), annual FY2017–FY2025 [Data set]. Compiled from Vertex Pharmaceuticals SEC filings and investor materials. https://stockdatahq.com/stocks/vrtx/kpis/rd-dev-outsourced

See every metric in the Vertex Pharmaceuticals KPI table. Data updated Nov 2, 2026.