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

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

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

Vertex Pharmaceuticals (VRTX) has reported Tax Provisions for 16 consecutive years, with $221.5 million the latest figure, recorded in 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 came in at $221.5 million for Q1 2026 at Vertex Pharmaceuticals, up from $139.9 million in the prior quarter.
  • The five-year high for Tax Provisions was $257.9 million in Q4 2022, with the low at $84.1 million in Q1 2025.
  • Average Tax Provisions over 5 years is $198.0 million, with a median of $202.4 million recorded in 2024.
  • Across the five-year window, Tax Provisions surged 292.36% in 2022 and slumped 53.15% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at $257.9 million in 2022, then plunged by 30.67% to $178.8 million in 2023, then gained by 25.0% to $223.5 million in 2024, then plunged by 37.4% to $139.9 million in 2025, then soared by 58.33% to $221.5 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $221.5 million, $139.9 million, and $215.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Genmab A 276,399.99 Bn 276,398.47 Bn 831.00 Mn -
2 Akari Therapeutics 1,217.26 Bn 1,217.26 Bn - -859,000.00
3 BeOne Medicines 419.38 Bn 414.59 Bn 1.35 Bn 31.86 Mn
4 Vertex Pharmaceuticals 126.54 Bn 119.30 Bn 2.59 Bn 221.50 Mn
5 Pharming 110.17 Bn 110.12 Bn 65.80 Mn -459,000.00
6 Regeneron Pharmaceuticals 64.97 Bn 56.22 Bn 3.31 Bn 104.00 Mn
7 Argenx Se 56.44 Bn 56.44 Bn 1.18 Bn 60.00 Mn
8 Alnylam Pharmaceuticals 40.09 Bn 37.08 Bn 959.66 Mn 15.66 Mn
9 Revolution Medicines 37.15 Bn 37.15 Bn - -
10 Moderna 28.64 Bn 23.43 Bn -566.00 Mn 9.00 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