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

Vertex Pharmaceuticals' (VRTX) 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 (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.

  • On a quarterly basis, Tax Rate rose 616.0% year-over-year to 17.68% in Q1 2026; TTM through Mar 2026 was 16.02%, a 24543.0% increase from a year earlier, with the FY2025 full-year figure at 14.86%, down 30067.0% from the prior year.
  • Tax Rate improved to 17.68% in Q1 2026 per VRTX's latest filing, from 10.51% in the prior quarter.
  • Across five years, Tax Rate topped out at 23.95% in Q4 2022 and bottomed at 5.97% in Q2 2024.
  • The 5-year median for Tax Rate is 17.68% (2026), against an average of 16.15%.
  • Across the five-year window, Tax Rate sank 23070 bps in 2022 and jumped 2546 bps in 2025, its largest moves.
  • Year by year, Tax Rate 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 tumbled by 47 bps to 10.51% in 2025, then jumped by 68 bps to 17.68% in 2026.
  • Per Business Quant, the three latest VRTX Tax Rate figures stand at 17.68% (Q1 2026), 10.51% (Q4 2025), and 16.62% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -0.34
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 5.61
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 12.29
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 17.68
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 12.51
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -13.70
9 Revolution Medicines 37.37 Bn 37.37 Bn - -
10 Alnylam Pharmaceuticals 36.08 Bn 33.07 Bn 959.66 Mn 7.07

Historic Data

Download Data
DateValue
Mar 31, 2026 17.68
Mar 31, 2026 17.68
Mar 31, 2026 17.68
Dec 31, 2025 10.51
Dec 31, 2025 10.51
Dec 31, 2025 10.51
Sep 30, 2025 16.62
Sep 30, 2025 16.62
Sep 30, 2025 16.62
Jun 30, 2025 19.49
Jun 30, 2025 19.49
Jun 30, 2025 19.49
Mar 31, 2025 11.51
Mar 31, 2025 11.51
Mar 31, 2025 11.51
Dec 31, 2024 19.67
Dec 31, 2024 19.67
Dec 31, 2024 19.67
Sep 30, 2024 14.60
Sep 30, 2024 14.60