Vertex Pharmaceuticals VRTX
NASDAQ VRTX
$522.38 +6.04 (+1.17%)
At close: Sep 24, 2026 · 4:00 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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.

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