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

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

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

Vertex Pharmaceuticals' Tax Rate history runs 16 years deep, the most recent figure standing at 17.68% for 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 was 17.68% for Q1 2026 at Vertex Pharmaceuticals, up from 10.51% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 23.95% in Q4 2022 to a low of 5.97% in Q2 2024.
  • Historically, Tax Rate has averaged 16.15% across 5 years, with a median of 17.68% in 2026.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate sank 23070 bps in 2022, then surged 2546 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 23.95% in 2022, then slumped by 35 bps to 15.58% in 2023, then advanced by 26 bps to 19.67% in 2024, then sank by 47 bps to 10.51% in 2025, then jumped 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 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 -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 12.51

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%