Vertex Pharmaceuticals VRTX
NASDAQ VRTX
$552.54 -5.42 (-0.97%)
As of: Sep 4, 2026 · 11:46 AM EDT

Vertex Pharmaceuticals (VRTX) Net Margin (2009 - 2026)

Vertex Pharmaceuticals (VRTX) posted quarterly Net Margin of 34.53% for Q1 2026, up 1120.0% year-over-year from 2.83% in Q1 2025, and down 7.52% quarter-over-quarter from 37.34% in Q4 2025.

Analysis

Vertex Pharmaceuticals (VRTX) Net Margin (2009 - 2026) Analysis & Trends

Vertex Pharmaceuticals' Net Margin history runs 17 years deep, the most recent figure standing at 34.53% for Q1 2026.

  • In Q1 2026, Net Margin rose 1120.0% year-over-year to 34.53%; the TTM figure through Mar 2026 stood at 35.51% (up 4442.0% YoY), while the FY2025 annual figure was 32.94%, up 3780.0% from the prior year.
  • Net Margin for Q1 2026 stood at 34.53%, down from 37.34% in the prior quarter.
  • The five-year high for Net Margin was 41.69% in Q3 2023, with the low at 135.83% in Q2 2024.
  • The 5-year median for Net Margin is 36.33% (2022), against an average of 25.55%.
  • The sharpest annual moves came in 2024 and 2025: Net Margin slumped 17256 bps in 2024, then soared 17067 bps in 2025.
  • Vertex Pharmaceuticals' Net Margin stood at 35.56% in 2022, then gained by 8 bps to 38.48% in 2023, then declined by 19 bps to 31.35% in 2024, then climbed by 19 bps to 37.34% in 2025, then dropped by 8 bps to 34.53% in 2026.
  • Business Quant data shows VRTX's Net Margin at 34.53% in Q1 2026, 37.34% in Q4 2025, and 35.2% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vertex Pharmaceuticals 140.12 Bn 132.26 Bn 2.84 Bn 32.99%
2 Regeneron Pharmaceuticals 86.04 Bn 78.04 Bn 3.93 Bn 30.23%
3 Argenx Se 63.63 Bn 58.45 Bn 1.37 Bn 31.16%
4 Moderna 57.45 Bn 52.31 Bn 52.00 Mn -539.31%
5 Revolution Medicines 44.06 Bn 44.06 Bn - -
6 BeOne Medicines 40.14 Bn 35.04 Bn 1.53 Bn 13.90%
7 Alnylam Pharmaceuticals 35.59 Bn 32.29 Bn 992.69 Mn 12.74%
8 Royalty Pharma 28.62 Bn 27.79 Bn - 12.09%
9 Insmed 27.73 Bn 26.57 Bn 358.27 Mn -3.12%
10 Incyte 25.60 Bn 21.07 Bn 1.57 Bn 34.98%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.99%
Mar 31, 2026 34.53%
Dec 31, 2025 37.34%
Sep 30, 2025 35.20%
Jun 30, 2025 34.84%
Mar 31, 2025 23.33%
Dec 31, 2024 31.35%
Sep 30, 2024 37.71%
Jun 30, 2024 -135.83%
Mar 31, 2024 40.87%
Dec 31, 2023 38.48%
Sep 30, 2023 41.69%
Jun 30, 2023 36.73%
Mar 31, 2023 29.47%
Dec 31, 2022 35.56%
Sep 30, 2022 39.86%
Jun 30, 2022 36.90%
Mar 31, 2022 36.33%
Dec 31, 2021 37.16%
Sep 30, 2021 42.94%