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
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