Vertex Pharmaceuticals (VRTX) Tax Provisions (2011 - 2026)

Vertex Pharmaceuticals (VRTX) recorded quarterly Tax Provisions of $221.5 million in Q1 2026, up 58.33% quarter-over-quarter from $139.9 million in Q4 2025, and up 163.38% on a YoY basis from $84.1 million in Q1 2025.

Vertex Pharmaceuticals (VRTX) Tax Provisions (2011 - 2026) Analysis & Trends

Vertex Pharmaceuticals' Tax Provisions history runs 16 years deep, the most recent figure standing at $221.5 million for Q1 2026.

  • In Q1 2026, Tax Provisions rose 163.38% year-over-year to $221.5 million; the TTM figure through Mar 2026 stood at $827.4 million (up 20.14% YoY), while the FY2025 annual figure was $690.0 million, down 12.0% from the prior year.
  • Tax Provisions was $221.5 million for Q1 2026 at Vertex Pharmaceuticals, up from $139.9 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $257.9 million in Q4 2022 to a low of $84.1 million in Q1 2025.
  • Historically, Tax Provisions has averaged $198.0 million across 5 years, with a median of $202.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 292.36% in 2022, then sank 53.15% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $257.9 million in 2022, then tumbled by 30.67% to $178.8 million in 2023, then grew by 25.0% to $223.5 million in 2024, then tumbled by 37.4% to $139.9 million in 2025, then soared by 58.33% to $221.5 million in 2026.
  • The last three Tax Provisions figures came in at $221.5 million (Q1 2026), $139.9 million (Q4 2025), and $215.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -11.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 216,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 221.50 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 104.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 221.50 Mn
Dec 31, 2025 139.90 Mn
Sep 30, 2025 215.90 Mn
Jun 30, 2025 250.10 Mn
Mar 31, 2025 84.10 Mn
Dec 31, 2024 223.50 Mn
Sep 30, 2024 178.70 Mn
Jun 30, 2024 202.40 Mn
Mar 31, 2024 179.50 Mn
Dec 31, 2023 178.80 Mn
Sep 30, 2023 143.90 Mn
Jun 30, 2023 245.80 Mn
Mar 31, 2023 191.70 Mn
Dec 31, 2022 257.90 Mn
Sep 30, 2022 245.90 Mn
Jun 30, 2022 213.90 Mn
Mar 31, 2022 192.70 Mn
Dec 31, 2021 100.80 Mn
Sep 30, 2021 230.90 Mn
Jun 30, 2021 -111.20 Mn