Vertex Pharmaceuticals (VRTX) Tax Rate (2011 - 2026)
Vertex Pharmaceuticals' quarterly Tax Rate came in at 17.68% in Q1 2026, up 616.0% year-on-year from 2.47% in Q1 2025, and up 68.2% quarter-over-quarter from 10.51% in Q4 2025.
Vertex Pharmaceuticals has reported Tax Rate for 16 years, with the latest figure at 17.68% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 616.0% year-over-year to 17.68%; the trailing twelve-month figure through Mar 2026 stood at 16.02% (up 24543.0% YoY), and the FY2025 full-year result was 14.86%, down 30067.0% from the prior year.
- Tax Rate for Q1 2026 stood at 17.68%, 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.
- Year-over-year, Tax Rate sank 23070 bps in 2022 and jumped 2546 bps in 2025.
- Tracing VRTX's Tax Rate over 5 years: stood at 23.95% in 2022, then sank by 35 bps to 15.58% in 2023, then climbed by 26 bps to 19.67% in 2024, then plunged by 47 bps to 10.51% in 2025, then surged by 68 bps to 17.68% in 2026.
- The last three Tax Rate figures came in at 17.68% (Q1 2026), 10.51% (Q4 2025), and 16.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | 57.14 |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 5.61 |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 17.68 |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -6.79 |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 12.51 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 7.07 |
| 10 | Revolution Medicines | 32.39 Bn | 32.39 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 12.20 |
| Sep 30, 2023 | 12.20 |
| Jun 30, 2023 | 21.16 |
| Jun 30, 2023 | 21.16 |
| Mar 31, 2023 | 21.50 |
| Mar 31, 2023 | 21.50 |
| Dec 31, 2022 | 23.95 |
| Dec 31, 2022 | 23.95 |
| Sep 30, 2022 | 20.90 |
| Sep 30, 2022 | 20.90 |
| Jun 30, 2022 | 20.88 |
| Jun 30, 2022 | 20.88 |
| Mar 31, 2022 | 20.18 |
| Mar 31, 2022 | 20.18 |
| Dec 31, 2021 | 11.57 |
| Dec 31, 2021 | 11.57 |
| Sep 30, 2021 | 21.32 |
| Sep 30, 2021 | 21.32 |
| Jun 30, 2021 | 251.58 |
| Jun 30, 2021 | 251.58 |
| Mar 31, 2021 | 20.44 |
| Mar 31, 2021 | 20.44 |
| Dec 31, 2020 | 32.01 |
| Dec 31, 2020 | 32.01 |
| Sep 30, 2020 | 10.52 |
| Sep 30, 2020 | 10.52 |
| Jun 30, 2020 | -1.52 |
| Jun 30, 2020 | -1.52 |
| Mar 31, 2020 | 8.33 |
| Mar 31, 2020 | 8.33 |
| Dec 31, 2019 | 13.84 |
| Dec 31, 2019 | 13.84 |
| Sep 30, 2019 | 18.61 |
| Sep 30, 2019 | 18.61 |
| Jun 30, 2019 | 18.25 |
| Jun 30, 2019 | 18.25 |
| Mar 31, 2019 | 16.10 |
| Mar 31, 2019 | 16.10 |
| Dec 31, 2018 | -4,593.04 |
| Dec 31, 2018 | -4,593.04 |
| Sep 30, 2018 | 5.90 |
| Sep 30, 2018 | 5.90 |
| Jun 30, 2018 | 4.77 |
| Jun 30, 2018 | 4.77 |
| Mar 31, 2018 | -5.90 |
| Mar 31, 2018 | -5.90 |
| Dec 31, 2017 | 9.12 |
| Dec 31, 2017 | 9.12 |
| Sep 30, 2017 | 30.25 |
| Sep 30, 2017 | 30.25 |
| Jun 30, 2017 | 12.21 |
| Jun 30, 2017 | 12.21 |
| Mar 31, 2017 | 1.57 |
| Mar 31, 2017 | 1.57 |
| Dec 31, 2016 | -36.70 |
| Dec 31, 2016 | -36.70 |
| Sep 30, 2016 | -1.29 |
| Sep 30, 2016 | -1.29 |
| Jun 30, 2016 | -100.60 |
| Jun 30, 2016 | -100.60 |
| Mar 31, 2016 | -17.91 |
| Mar 31, 2016 | -17.91 |
| Dec 31, 2015 | 1.81 |
| Dec 31, 2015 | 1.81 |
| Sep 30, 2015 | -1.44 |
| Sep 30, 2015 | -1.44 |
| Jun 30, 2015 | -15.79 |
| Jun 30, 2015 | -15.79 |
| Mar 31, 2015 | -0.15 |
| Mar 31, 2015 | -0.15 |
| Dec 31, 2014 | -1.14 |
| Dec 31, 2014 | -1.14 |
| Sep 30, 2014 | -2.05 |
| Sep 30, 2014 | -2.05 |
| Jun 30, 2014 | -0.44 |
| Jun 30, 2014 | -0.44 |
| Mar 31, 2014 | -0.35 |
| Mar 31, 2014 | -0.35 |
| Dec 31, 2013 | -6.91 |
| Dec 31, 2013 | -6.91 |
| Sep 30, 2013 | -2.15 |
| Sep 30, 2013 | -2.15 |
| Jun 30, 2013 | -1.04 |
| Jun 30, 2013 | -1.04 |
| Mar 31, 2013 | 29.25 |
| Mar 31, 2013 | 29.25 |
| Dec 31, 2012 | 3.34 |
| Dec 31, 2012 | 3.34 |
| Sep 30, 2012 | -417.74 |
| Sep 30, 2012 | -417.74 |
| Jun 30, 2012 | -139.28 |
| Jun 30, 2012 | -139.28 |
| Mar 31, 2012 | 0.04 |
| Mar 31, 2012 | 0.04 |
| Dec 31, 2011 | 10.75 |
| Dec 31, 2011 | 10.75 |
| Sep 30, 2011 | -13.88 |
| Sep 30, 2011 | -13.88 |