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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 Total Research and Development (R&D) expenses by Year

Total Research and Development (R&D) expenses ($M) ($M)

Vertex Pharmaceuticals Total Research and Development (R&D) expenses: $3,910M in FY2025, up 7.7% from a year earlier. That is the highest of the 18 years on record here.

Latest, FY2025
3,910
Period ended Dec 31, 2025
Change on a year earlier
+7.7%
3,630 in FY2024
History
18 years
Since FY2008
Sources
12
Documents cited below

Where the FY2025 figure comes from

Source: Form 10-K (filed 2026-02-13) ↗

Reported in Form 10-Q / 10-K Consolidated Statements of Operations & MD&A.

Annual history

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

PeriodEndedTotal Research and Development (R&D) expenses ($M) ($M)Year on yearSource
FY2025Dec 31, 20253,910+7.7%Form 10-K (filed 2026-02-13) ↗
FY2024Dec 31, 20243,630+14.8%Form 10-K (filed 2026-02-13) ↗
FY2023Dec 31, 20233,163+24.5%Form 10-K (filed 2026-02-13) ↗
FY2022Dec 31, 20222,540+31.1%Form 10-K (filed 2025-02-13) ↗
FY2021Dec 31, 20211,938+17.8%Form 10-K (filed 2024-02-15) ↗
FY2020Dec 31, 20201,645-6.2%Form 10-K (filed 2023-02-10) ↗
FY2019Dec 31, 20191,755+23.9%Form 10-K (filed 2022-02-09) ↗
FY2018Dec 31, 20181,417+6.9%Form 10-K (filed 2021-02-11) ↗
FY2017Dec 31, 20171,325+26.4%Form 10-K (filed 2020-02-13) ↗
FY2016Dec 31, 20161,048+5.2%Form 10-K (filed 2019-02-13) ↗
FY2015Dec 31, 2015996+16.4%Form 10-K (filed 2018-02-15) ↗
FY2014Dec 31, 2014856-3.0%Form 10-K (filed 2015-02-13) ↗
FY2013Dec 31, 2013882+15.2%Form 10-K (filed 2015-02-13) ↗
FY2012Dec 31, 2012766+8.2%Form 10-K (filed 2015-02-13) ↗
FY2011Dec 31, 2011708+11.0%Form 10-K (filed 2012-02-22) ↗
FY2010Dec 31, 2010637+15.8%Form 10-K (filed 2011-02-17) ↗

Breakdown

What makes up total Research and Development (R&D) expenses

Cite this data

StockData. (2026). Vertex Pharmaceuticals Total Research and Development (R&D) expenses ($M), annual FY2008–FY2025 [Data set]. Compiled from Vertex Pharmaceuticals SEC filings and investor materials. https://stockdatahq.com/stocks/vrtx/kpis/rd-total

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