Vertex Pharmaceuticals (VRTX) Cost of Revenue (2011 - 2026)
Vertex Pharmaceuticals' Cost of Revenue came in at $489.2 million for Q2 2026, up 20.0% from $407.5 million a year earlier and up 24.5% from the prior quarter.
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Analysis
Vertex Pharmaceuticals (VRTX) Cost of Revenue (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Vertex Pharmaceuticals reported Cost of Revenue of $1.76 billion, up 11.1% year-over-year; for FY2025, it came in at $1.65 billion, up 7.9% from FY2024.
- Cost of Revenue has increased in each of the last 11 years, with a five-year compound annual growth rate of 17.5% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $1.53 billion in FY2024 (+21.3%), $1.26 billion in FY2023 (+16.8%), $1.08 billion in FY2022 (+19.5%) and $904.2 million in FY2021 (+22.8%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q3 2011.
- Year-over-year, Cost of Revenue has increased for 37 consecutive quarters, with growth averaging 12.2% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 5.7% (Q3 2025) and 29.9% (Q4 2023) over the last five years.
- Business Quant data shows VRTX's Cost of Revenue at $392.8 million (Q1 2026), $466 million (Q4 2025) and $414.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 3.27 Bn |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 8.05 Bn |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 4.29 Bn |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 4.40 Bn |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 3.71 Bn |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 2.52 Bn |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 2.81 Bn |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | 1.58 Bn |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 4.09 Bn |
| 10 | Vertex Pharmaceuticals | 126.70 Bn | 98.70 Bn | 2.84 Bn | 489.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 489.20 Mn |
| Mar 31, 2026 | 392.80 Mn |
| Dec 31, 2025 | 466.00 Mn |
| Sep 30, 2025 | 414.80 Mn |
| Jun 30, 2025 | 407.50 Mn |
| Mar 31, 2025 | 363.00 Mn |
| Dec 31, 2024 | 423.40 Mn |
| Sep 30, 2024 | 392.60 Mn |
| Jun 30, 2024 | 371.90 Mn |
| Mar 31, 2024 | 342.60 Mn |
| Dec 31, 2023 | 368.00 Mn |
| Sep 30, 2023 | 318.70 Mn |
| Jun 30, 2023 | 308.60 Mn |
| Mar 31, 2023 | 266.90 Mn |
| Dec 31, 2022 | 283.30 Mn |
| Sep 30, 2022 | 289.40 Mn |
| Jun 30, 2022 | 261.80 Mn |
| Mar 31, 2022 | 245.80 Mn |
| Dec 31, 2021 | 247.40 Mn |
| Sep 30, 2021 | 236.50 Mn |
API Access
Vertex Pharmaceuticals Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();