Vertex Pharmaceuticals VRTX
NASDAQ VRTX
$550.03 -7.93 (-1.42%)
As of: Sep 4, 2026 · 12:50 PM EDT

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

Vertex Pharmaceuticals (VRTX) posted quarterly Deferred Taxes of -$65.3 million for Q1 2026, up 65.92% year-over-year from -$39.4 million in Q1 2025, and down 314.1% quarter-over-quarter from $30.5 million in Q4 2025.

Analysis

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 for Q1 2026 stood at -$65.3 million, down from $30.5 million in the prior quarter.
  • The five-year high for Deferred Taxes was $148.1 million in Q4 2022, with the low 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.
  • The sharpest annual moves came in 2022 and 2023: Deferred Taxes soared 453.46% in 2022, then plunged 821.95% in 2023.
  • Vertex Pharmaceuticals' Deferred Taxes stood at $148.1 million in 2022, then tumbled by 188.45% to -$131.0 million in 2023, then soared by 139.39% to $51.6 million in 2024, then sank by 40.89% to $30.5 million in 2025, then sank by 314.1% to -$65.3 million in 2026.
  • Business Quant data shows VRTX's Deferred Taxes at -$65.3 million in Q1 2026, $30.5 million in Q4 2025, and -$235.9 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Vertex Pharmaceuticals 139.62 Bn 131.77 Bn 2.84 Bn -69.70 Mn
2 Regeneron Pharmaceuticals 85.73 Bn 77.73 Bn 3.93 Bn 194.40 Mn
3 Argenx Se 63.53 Bn 58.35 Bn 1.37 Bn -
4 Moderna 58.23 Bn 53.09 Bn 52.00 Mn -
5 Revolution Medicines 44.05 Bn 44.05 Bn - -
6 BeOne Medicines 40.03 Bn 34.93 Bn 1.53 Bn -
7 Alnylam Pharmaceuticals 35.50 Bn 32.19 Bn 992.69 Mn 2.66 Mn
8 Royalty Pharma 28.52 Bn 27.68 Bn - -
9 Insmed 27.46 Bn 26.30 Bn 358.27 Mn -
10 Incyte 25.59 Bn 21.05 Bn 1.57 Bn 115.62 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -69.70 Mn
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