Vertex Pharmaceuticals (VRTX) Operating Expenses (2009 - 2026)
Vertex Pharmaceuticals (VRTX) posted Operating Expenses of $2.1 billion for Q2 2026, up 12.88% on a QoQ basis from $1.8 billion in Q1 2026, and up 15.07% year-over-year from $1.8 billion in Q2 2025.
Vertex Pharmaceuticals (VRTX) Operating Expenses (2009 - 2026) Analysis & Trends
Vertex Pharmaceuticals has reported Operating Expenses for 18 years, with the latest figure at $2.1 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 15.07% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $7.8 billion, a 4.2% increase from a year earlier, with the FY2025 full-year figure at $7.8 billion, down 30.44% from the prior year.
- Operating Expenses was $2.1 billion for Q2 2026 at Vertex Pharmaceuticals, up from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $6.2 billion in Q2 2024, with the low at $1.1 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.9 billion, with a median of $1.6 billion recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 319.98% in 2024, then tumbled 70.56% in 2025.
- Over 5 years, Operating Expenses stood at $1.3 billion in 2022, then gained by 20.49% to $1.5 billion in 2023, then rose by 23.33% to $1.9 billion in 2024, then increased by 5.2% to $2.0 billion in 2025, then advanced by 5.19% to $2.1 billion in 2026.
- The last three Operating Expenses figures came in at $2.1 billion (Q2 2026), $1.8 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Bristol Myers Squibb | 124.95 Bn | 113.89 Bn | 9.25 Bn | 8.89 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Bn |
| Mar 31, 2026 | 1.85 Bn |
| Dec 31, 2025 | 1.98 Bn |
| Sep 30, 2025 | 1.89 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 2.14 Bn |
| Dec 31, 2024 | 1.89 Bn |
| Sep 30, 2024 | 1.66 Bn |
| Jun 30, 2024 | 6.16 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.53 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.47 Bn |
| Mar 31, 2023 | 1.60 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.09 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 1.19 Bn |
| Sep 30, 2021 | 929.60 Mn |
Vertex Pharmaceuticals Operating Expenses 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=operating-expenses&ticker=VRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=VRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();