Vertex Pharmaceuticals (VRTX) Cost of Revenue (2011 - 2026)
Vertex Pharmaceuticals (VRTX) recorded quarterly Cost of Revenue of $392.8 million in Q1 2026, down 15.71% quarter-over-quarter from $466.0 million in Q4 2025, and up 8.21% on a YoY basis from $363.0 million in Q1 2025.
Vertex Pharmaceuticals (VRTX) Cost of Revenue (2011 - 2026) Analysis & Trends
Vertex Pharmaceuticals' Cost of Revenue history runs 16 years deep, the most recent figure standing at $392.8 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 8.21% year-over-year to $392.8 million; the TTM figure through Mar 2026 stood at $1.7 billion (up 8.4% YoY), while the FY2025 annual figure was $1.7 billion, up 7.89% from the prior year.
- Cost of Revenue was $392.8 million for Q1 2026 at Vertex Pharmaceuticals, down from $466.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $466.0 million in Q4 2025 to a low of $245.8 million in Q1 2022.
- Historically, Cost of Revenue has averaged $348.1 million across 5 years, with a median of $363.0 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue increased 29.9% in 2023, then advanced 5.65% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $283.3 million in 2022, then climbed by 29.9% to $368.0 million in 2023, then grew by 15.05% to $423.4 million in 2024, then gained by 10.06% to $466.0 million in 2025, then decreased by 15.71% to $392.8 million in 2026.
- The last three Cost of Revenue figures came in at $392.8 million (Q1 2026), $466.0 million (Q4 2025), and $414.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 767,934.24 Bn | 767,934.20 Bn | - | - |
| 2 | Belite Bio | 55,234.00 Bn | 55,234.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,823.14 Bn | 17,823.14 Bn | - | - |
| 4 | Legend Biotech | 3,624.50 Bn | 3,624.21 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Akari Therapeutics | 1,745.73 Bn | 1,745.73 Bn | - | - |
| 6 | Evaxion A | 1,540.85 Bn | 1,540.84 Bn | - | - |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 112.57 Bn | 105.33 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 93.46 Bn | 93.46 Bn | - | 2.05 Mn |
| 10 | Regeneron Pharmaceuticals | 63.55 Bn | 54.80 Bn | 3.31 Bn | 296.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 392.80 Mn |
| Mar 31, 2026 | 392.80 Mn |
| Dec 31, 2025 | 466.00 Mn |
| Dec 31, 2025 | 466.00 Mn |
| Sep 30, 2025 | 414.80 Mn |
| Sep 30, 2025 | 414.80 Mn |
| Jun 30, 2025 | 407.50 Mn |
| Jun 30, 2025 | 407.50 Mn |
| Mar 31, 2025 | 363.00 Mn |
| Mar 31, 2025 | 363.00 Mn |
| Dec 31, 2024 | 423.40 Mn |
| Dec 31, 2024 | 423.40 Mn |
| Sep 30, 2024 | 392.60 Mn |
| Sep 30, 2024 | 392.60 Mn |
| Jun 30, 2024 | 371.90 Mn |
| Jun 30, 2024 | 371.90 Mn |
| Mar 31, 2024 | 342.60 Mn |
| Mar 31, 2024 | 342.60 Mn |
| Dec 31, 2023 | 368.00 Mn |
| Dec 31, 2023 | 368.00 Mn |