Vertex Pharmaceuticals (VRTX) Deferred Taxes (2011 - 2026)

Vertex Pharmaceuticals (VRTX) recorded quarterly Deferred Taxes of -$65.3 million in Q1 2026, down 314.1% quarter-over-quarter from $30.5 million in Q4 2025, and up 65.92% on a YoY basis from -$39.4 million in Q1 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.

  • In Q1 2026, Deferred Taxes rose 65.92% year-over-year to -$65.3 million; the TTM figure through Mar 2026 stood at -$384.5 million (down 0.63% YoY), while the FY2025 annual figure was -$510.8 million, down 46.44% from the prior year.
  • Deferred Taxes was -$65.3 million for Q1 2026 at Vertex Pharmaceuticals, down from $30.5 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $148.1 million in Q4 2022 to a low of -$235.9 million in Q3 2025.
  • Historically, Deferred Taxes has averaged -$102.2 million across 5 years, with a median of -$118.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Deferred Taxes jumped 453.46% in 2022, then sank 821.95% in 2023.
  • A 5-year view of Deferred Taxes shows it stood at $148.1 million in 2022, then plunged by 188.45% to -$131.0 million in 2023, then jumped by 139.39% to $51.6 million in 2024, then slumped by 40.89% to $30.5 million in 2025, then slumped by 314.1% to -$65.3 million in 2026.
  • The last three Deferred Taxes figures came in at -$65.3 million (Q1 2026), $30.5 million (Q4 2025), and -$235.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -65.30 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 96.00 Mn

Historic Data

Download Data
DateValue
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