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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 Research expenses by Quarter

Research expenses (discovery & early preclinical) — Total ($M) ($M)

Vertex Pharmaceuticals Research expenses: $207M in Q2 2026, down 1.0% from a year earlier.

Latest, Q2 2026
207
Period ended Jun 30, 2026
Change on a year earlier
-1.0%
209 in Q2 2025
History
38 quarters
Since Q1 2017
Sources
32
Documents cited below

Where the Q2 2026 figure comes from

“|| Total research expenses | $ 207.3 | $ 209.3 | (1)% | $ 412.3 | $ 415.4 | (1)%”

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

PeriodEndedResearch expenses (discovery & early preclinical) — Total ($M) ($M)Year on yearSource
Q2 2026Jun 30, 2026207-1.0%Form 10-Q (vrtx-20260630.htm, filed 2026-08-04) ↗
Q1 2026Mar 31, 2026205-0.5%Form 10-Q (vrtx-20260331.htm, filed 2026-05-05) ↗
Q4 2025Dec 31, 2025203-2.3%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2025Sep 30, 2025210+8.4%Form 10-Q (vrtx-20250930.htm, filed 2025-11-04) ↗
Q2 2025Jun 30, 2025209+1.0%Form 10-Q (vrtx-20260630.htm, filed 2026-08-04) ↗
Q1 2025Mar 31, 2025206+5.1%Form 10-Q (vrtx-20260331.htm, filed 2026-05-05) ↗
Q4 2024Dec 31, 2024207+6.7%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2024Sep 30, 2024194+11.4%Form 10-Q (vrtx-20250930.htm, filed 2025-11-04) ↗
Q2 2024Jun 30, 2024207+21.4%Form 10-Q (vrtx-20250630.htm, filed 2025-08-05) ↗
Q1 2024Mar 31, 2024196+17.6%Form 10-Q (vrtx-20250331.htm, filed 2025-05-06) ↗
Q4 2023Dec 31, 2023194+20.0%Form 10-K (vrtx-20251231.htm, filed 2026-02-13) ↗
Q3 2023Sep 30, 2023174+8.6%Form 10-Q (vrtx-20240930.htm, filed 2024-11-05) ↗
Q2 2023Jun 30, 2023171+6.1%Form 10-Q (vrtx-20240630.htm, filed 2024-08-02) ↗
Q1 2023Mar 31, 2023167+16.0%Form 10-Q (vrtx-20240331.htm, filed 2024-05-07) ↗
Q4 2022Dec 31, 2022162+15.5%Form 10-K (vrtx-20241231.htm, filed 2025-02-13) ↗
Q3 2022Sep 30, 2022160+31.4%Form 10-Q (vrtx-20230930.htm, filed 2023-11-07) ↗

Breakdown

What makes up research expenses

Cite this data

StockData. (2026). Vertex Pharmaceuticals Research 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-res-total

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