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| 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 |