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

Vertex Pharmaceuticals (VRTX) posted quarterly Tax Rate of 17.68% for Q1 2026, up 616.0% year-over-year from 2.47% in Q1 2025, and up 68.2% on a QoQ basis from 10.51% in Q4 2025.

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

Vertex Pharmaceuticals (VRTX) has reported Tax Rate for 16 consecutive years, with 17.68% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 616.0% year-over-year to 17.68%; the TTM figure through Mar 2026 stood at 16.02% (up 24543.0% YoY), while the FY2025 annual figure was 14.86%, down 30067.0% from the prior year.
  • Tax Rate came in at 17.68% for Q1 2026 at Vertex Pharmaceuticals, up from 10.51% in the prior quarter.
  • The five-year high for Tax Rate was 23.95% in Q4 2022, with the low at 5.97% in Q2 2024.
  • Average Tax Rate over 5 years is 16.15%, with a median of 17.68% recorded in 2026.
  • Across the five-year window, Tax Rate slumped 23070 bps in 2022 and surged 2546 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 23.95% in 2022, then tumbled by 35 bps to 15.58% in 2023, then increased by 26 bps to 19.67% in 2024, then slumped by 47 bps to 10.51% in 2025, then jumped by 68 bps to 17.68% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 17.68%, 10.51%, and 16.62% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 - 5.61%
3 BeOne Medicines 419.38 Bn 414.59 Bn 1.35 Bn 12.29%
4 Vertex Pharmaceuticals 126.54 Bn 119.30 Bn 2.59 Bn 17.68%
5 Pharming 110.17 Bn 110.12 Bn 65.80 Mn 9.35%
6 Regeneron Pharmaceuticals 64.97 Bn 56.22 Bn 3.31 Bn 12.51%
7 Argenx Se 56.44 Bn 56.44 Bn 1.18 Bn 13.70%
8 Alnylam Pharmaceuticals 40.09 Bn 37.08 Bn 959.66 Mn 7.07%
9 Revolution Medicines 37.15 Bn 37.15 Bn - -
10 Moderna 28.64 Bn 23.43 Bn -566.00 Mn -0.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.68%
Mar 31, 2026 17.68%
Dec 31, 2025 10.51%
Dec 31, 2025 10.51%
Sep 30, 2025 16.62%
Sep 30, 2025 16.62%
Jun 30, 2025 19.49%
Jun 30, 2025 19.49%
Mar 31, 2025 11.51%
Mar 31, 2025 11.51%
Dec 31, 2024 19.67%
Dec 31, 2024 19.67%
Sep 30, 2024 14.60%
Sep 30, 2024 14.60%
Jun 30, 2024 -5.97%
Jun 30, 2024 -5.97%
Mar 31, 2024 14.03%
Mar 31, 2024 14.03%
Dec 31, 2023 15.58%
Dec 31, 2023 15.58%