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

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

Vertex Pharmaceuticals (VRTX) posted quarterly Operating Margin of 38.1% for Q1 2026, up 1536.0% year-over-year from 2.33% in Q1 2025, and up 0.8% quarter-over-quarter from 37.8% in Q4 2025.

Analysis

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

Vertex Pharmaceuticals' Operating Margin history runs 18 years deep, the most recent figure standing at 38.1% for Q1 2026.

  • In Q1 2026, Operating Margin rose 1536.0% year-over-year to 38.1%; the TTM figure through Mar 2026 stood at 38.31% (up 4500.0% YoY), while the FY2025 annual figure was 34.77%, up 3689.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 38.1%, up from 37.8% in the prior quarter.
  • The five-year high for Operating Margin was 50.37% in Q2 2022, with the low at 132.85% in Q2 2024.
  • The 5-year median for Operating Margin is 39.26% (2023), against an average of 29.95%.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin sank 17402 bps in 2024, then soared 17168 bps in 2025.
  • Vertex Pharmaceuticals' Operating Margin stood at 44.88% in 2022, then decreased by 13 bps to 39.26% in 2023, then decreased by 10 bps to 35.23% in 2024, then rose by 7 bps to 37.8% in 2025, then grew by 1 bps to 38.1% in 2026.
  • Business Quant data shows VRTX's Operating Margin at 38.1% in Q1 2026, 37.8% in Q4 2025, and 38.56% in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vertex Pharmaceuticals 140.12 Bn 132.26 Bn 2.84 Bn 37.40%
2 Regeneron Pharmaceuticals 86.04 Bn 78.04 Bn 3.93 Bn 30.15%
3 Argenx Se 63.63 Bn 58.45 Bn 1.37 Bn 32.54%
4 Moderna 57.45 Bn 52.31 Bn 52.00 Mn -562.07%
5 Revolution Medicines 44.06 Bn 44.06 Bn - -
6 BeOne Medicines 40.14 Bn 35.04 Bn 1.53 Bn 19.06%
7 Alnylam Pharmaceuticals 35.59 Bn 32.29 Bn 992.69 Mn 17.93%
8 Royalty Pharma 28.62 Bn 27.79 Bn - 19.75%
9 Insmed 27.73 Bn 26.57 Bn 358.27 Mn -0.36%
10 Incyte 25.60 Bn 21.07 Bn 1.57 Bn 41.69%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.40%
Mar 31, 2026 38.10%
Dec 31, 2025 37.80%
Sep 30, 2025 38.56%
Jun 30, 2025 38.83%
Mar 31, 2025 22.75%
Dec 31, 2024 35.23%
Sep 30, 2024 40.27%
Jun 30, 2024 -132.85%
Mar 31, 2024 42.35%
Dec 31, 2023 39.26%
Sep 30, 2023 41.80%
Jun 30, 2023 41.17%
Mar 31, 2023 32.80%
Dec 31, 2022 44.88%
Sep 30, 2022 48.27%
Jun 30, 2022 50.37%
Mar 31, 2022 49.63%
Dec 31, 2021 42.35%
Sep 30, 2021 53.15%