Vertex Pharmaceuticals (VRTX) Deferred Taxes (2011 - 2026)
Vertex Pharmaceuticals' (VRTX) quarterly Deferred Taxes came in at -$65.3 million in Q1 2026, up 65.92% year-on-year from -$39.4 million in Q1 2025, and down 314.1% quarter-over-quarter from $30.5 million in Q4 2025.
Vertex Pharmaceuticals (VRTX) Deferred Taxes (2011 - 2026) Analysis & Trends
Vertex Pharmaceuticals' Deferred Taxes history runs 16 years deep, the most recent figure standing at -$65.3 million for Q1 2026.
- On a quarterly basis, Deferred Taxes rose 65.92% year-over-year to -$65.3 million in Q1 2026; TTM through Mar 2026 was -$384.5 million, a 0.63% decrease from a year earlier, with the FY2025 full-year figure at -$510.8 million, down 46.44% from the prior year.
- Deferred Taxes slipped to -$65.3 million in Q1 2026 per VRTX's latest filing, from $30.5 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $148.1 million in Q4 2022 and bottomed at -$235.9 million in Q3 2025.
- The 5-year median for Deferred Taxes is -$118.8 million (2024), against an average of -$102.2 million.
- Across the five-year window, Deferred Taxes soared 453.46% in 2022 and sank 821.95% in 2023, its largest moves.
- Year by year, Deferred Taxes stood at $148.1 million in 2022, then slumped by 188.45% to -$131.0 million in 2023, then jumped by 139.39% to $51.6 million in 2024, then plunged by 40.89% to $30.5 million in 2025, then plunged by 314.1% to -$65.3 million in 2026.
- Per Business Quant, the three latest VRTX Deferred Taxes figures stand at -$65.3 million (Q1 2026), $30.5 million (Q4 2025), and -$235.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | - |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -188,883.60 |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | -65.30 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 96.00 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Alnylam Pharmaceuticals | 35.71 Bn | 32.70 Bn | 959.66 Mn | 9.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -65.30 Mn |
| Dec 31, 2025 | 30.50 Mn |
| Sep 30, 2025 | -235.90 Mn |
| Jun 30, 2025 | -113.80 Mn |
| Mar 31, 2025 | -191.60 Mn |
| Dec 31, 2024 | 51.60 Mn |
| Sep 30, 2024 | -123.30 Mn |
| Jun 30, 2024 | -118.80 Mn |
| Mar 31, 2024 | -158.30 Mn |
| Dec 31, 2023 | -131.00 Mn |
| Sep 30, 2023 | -115.50 Mn |
| Jun 30, 2023 | -176.60 Mn |
| Mar 31, 2023 | -113.40 Mn |
| Dec 31, 2022 | 148.10 Mn |
| Sep 30, 2022 | -182.30 Mn |
| Jun 30, 2022 | -229.40 Mn |
| Mar 31, 2022 | -12.30 Mn |
| Dec 31, 2021 | -41.90 Mn |
| Sep 30, 2021 | 68.20 Mn |
| Jun 30, 2021 | -237.90 Mn |