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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 expenses by Quarter

Development expenses (clinical trials, regulatory & CMC) — Total ($M) ($M)

Vertex Pharmaceuticals Development expenses: $787M in Q2 2026, up 2.3% from a year earlier.

Latest, Q2 2026
787
Period ended Jun 30, 2026
Change on a year earlier
+2.3%
769 in Q2 2025
History
38 quarters
Since Q1 2017
Sources
32
Documents cited below

Where the Q2 2026 figure comes from

“|| Total development expenses | $ 786.5 | $ 769.1 | 2% | $ 1,543.1 | $ 1,542.7 | —%”

Source: Form 10-Q (vrtx-20260630.htm, filed 2026-08-04) ↗

Reported in Form 10-Q / 10-K MD&A & Note (Segment Significant Expenses).

Quarterly history

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

PeriodEndedDevelopment expenses (clinical trials, regulatory & CMC) — Total ($M) ($M)Year on yearSource
Q2 2026Jun 30, 2026787+2.3%Form 10-Q (vrtx-20260630.htm, filed 2026-08-04) ↗
Q1 2026Mar 31, 2026757-2.2%Form 10-Q (vrtx-20260331.htm, filed 2026-05-05) ↗
Q4 2025Dec 31, 2025771-2.6%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2025Sep 30, 2025768+12.5%Form 10-Q (vrtx-20250930.htm, filed 2025-11-04) ↗
Q2 2025Jun 30, 2025769+1.3%Form 10-Q (vrtx-20260630.htm, filed 2026-08-04) ↗
Q1 2025Mar 31, 2025774+30.5%Form 10-Q (vrtx-20260331.htm, filed 2026-05-05) ↗
Q4 2024Dec 31, 2024791+25.5%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2024Sep 30, 2024682+7.2%Form 10-Q (vrtx-20250930.htm, filed 2025-11-04) ↗
Q2 2024Jun 30, 2024759+23.5%Form 10-Q (vrtx-20250630.htm, filed 2025-08-05) ↗
Q1 2024Mar 31, 2024593+3.0%Form 10-Q (vrtx-20250331.htm, filed 2025-05-06) ↗
Q4 2023Dec 31, 2023630+18.4%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2023Sep 30, 2023636+31.2%Form 10-Q (vrtx-20240930.htm, filed 2024-11-05) ↗
Q2 2023Jun 30, 2023615+40.0%Form 10-Q (vrtx-20240630.htm, filed 2024-08-02) ↗
Q1 2023Mar 31, 2023576+25.9%Form 10-Q (vrtx-20240331.htm, filed 2024-05-07) ↗
Q4 2022Dec 31, 2022532+24.5%Form 10-K (vrtx-20241231.htm, filed 2025-02-13) ↗
Q3 2022Sep 30, 2022485+40.5%Form 10-Q (vrtx-20230930.htm, filed 2023-11-07) ↗

Breakdown

What makes up development expenses

Cite this data

StockData. (2026). Vertex Pharmaceuticals Development expenses ($M), quarterly Q1 2017–Q2 2026 [Data set]. Compiled from Vertex Pharmaceuticals SEC filings and investor materials. https://stockdatahq.com/stocks/vrtx/kpis/rd-dev-total

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