Vertex Pharmaceuticals (VRTX) Gross Margin (2009 - 2026)
Vertex Pharmaceuticals (VRTX) posted Gross Margin of 85.33% for Q2 2026, down 1.75% on a QoQ basis from 86.85% in Q1 2026, and down 93.0% year-over-year from 1218.95% in Q2 2025.
Vertex Pharmaceuticals (VRTX) Gross Margin (2009 - 2026) Analysis & Trends
Vertex Pharmaceuticals has reported Gross Margin for 18 years, with the latest figure at 85.33% in Q2 2026.
- On a quarterly basis, Gross Margin fell 93.0% year-over-year to 85.33% in Q2 2026; TTM through Jun 2026 was 86.0%, a 11.0% decrease from a year earlier, with the FY2025 full-year figure at 86.24%, up 13.0% from the prior year.
- Gross Margin was 85.33% for Q2 2026 at Vertex Pharmaceuticals, down from 86.85% in the prior quarter.
- The five-year high for Gross Margin was 88.76% in Q1 2023, with the low at 85.33% in Q2 2026.
- Average Gross Margin over 5 years is 86.8%, with a median of 86.87% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 79 bps in 2022, then slumped 231 bps in 2023.
- Over 5 years, Gross Margin stood at 87.7% in 2022, then decreased by 3 bps to 85.38% in 2023, then rose by 0 bps to 85.46% in 2024, then fell by 0 bps to 85.39% in 2025, then slipped by 0 bps to 85.33% in 2026.
- The last three Gross Margin figures came in at 85.33% (Q2 2026), 86.85% (Q1 2026), and 85.39% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn | 85.33% |
| 10 | Bristol Myers Squibb | 124.95 Bn | 113.89 Bn | 9.25 Bn | 71.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.33% |
| Mar 31, 2026 | 86.85% |
| Dec 31, 2025 | 85.39% |
| Sep 30, 2025 | 86.52% |
| Jun 30, 2025 | 86.25% |
| Mar 31, 2025 | 86.90% |
| Dec 31, 2024 | 85.46% |
| Sep 30, 2024 | 85.84% |
| Jun 30, 2024 | 85.94% |
| Mar 31, 2024 | 87.27% |
| Dec 31, 2023 | 85.38% |
| Sep 30, 2023 | 87.17% |
| Jun 30, 2023 | 87.62% |
| Mar 31, 2023 | 88.76% |
| Dec 31, 2022 | 87.70% |
| Sep 30, 2022 | 87.60% |
| Jun 30, 2022 | 88.08% |
| Mar 31, 2022 | 88.28% |
| Dec 31, 2021 | 88.06% |
| Sep 30, 2021 | 88.08% |
Vertex Pharmaceuticals Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();