$428.34
+0.76%Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis. The company markets SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO to treat patients with cystic fibrosis who have specific mutations in their cystic fibrosis transmembrane conductance regulator gene; and TRIKAFTA for the treatment of patients with CF 6 years of age or older who have at least one F508del mutation. Its pipeline includes VX-864 for the treatment of AAT deficiency, which is in Phase 2 clinical trial; VX-147 for the treatment of APOL1-mediated focal segmental glomerulosclerosis, or FSGS, and other serious kidney diseases which is in Phase 2 clinical trial; VX- 880, treatment for Type 1 Diabetes which is in Phase 1/2 clinical trial; VX-548, a NaV1.8 inhibitor for treatments of acute, neuropathic, musculoskeletal pain which is in Phase 2 clinical trial; and CTX001 for the treatment severe SCD and TDT which is in Phase 3 clinical trial. The company sells its products primarily to specialty pharmacy and specialty distributors in the United States, as well as specialty distributors and retail chains, and hospitals and clinics internationally. It has collaborations with Affinia Therapeutics, Inc.; Arbor Biotechnologies, Inc.; CRISPR Therapeutics AG.; Kymera Therapeutics, Inc.; Mammoth Biosciences, Inc.; Moderna, Inc.; Obsidian Therapeutics, Inc.; and Skyhawk Therapeutics, Inc.; as well as Ribometrix, Inc.; Genomics plc; Merck KGaA; Darmstadt, Germany, and X-Chem, Inc. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.
Strong working capital position provides significant operational flexibility and financial cushion.
Balanced asset mix between current and non-current assets, typical of many stable businesses.
Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.
VRTX โข NASDAQ
| Vertex Pharmaceuticals Incorporated Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||||||||||||||
CURRENT ASSETS | ||||||||||||||||||||
5.1B | 4.6B | 10.4B | 10.5B | 6.8B | 6B | 3.1B | 2.7B | 1.7B | 1.2B | 714.8M | 625.3M | 569.3M | 489.4M | 475.3M | 243.2M | 446.7M | 389.1M | 355.7M | 213.2M | |
1.5B | 1.5B | 849.2M | 274.5M | 729.9M | 670.7M | 699M | 518.1M | 423.3M | 250.6M | 327.7M | 761.8M | 895.8M | 831.8M | 493.6M | 788.2M | 838.3M | 443M | 105.2M | 491.5M | |
6.6B | 6.1B | 11.2B | 10.8B | 7.5B | 6.7B | 3.8B | 3.2B | 2.1B | 1.4B | 1B | 1.4B | 1.5B | 1.3B | 968.9M | 1B | 1.3B | 832.1M | 460.9M | 704.6M | |
2.1B | 1.6B | 1.6B | 1.4B | 1.1B | 885.4M | 633.5M | 409.7M | 386M | 235.5M | 188.5M | 90.1M | 93.5M | 143.3M | 183.1M | 12.5M | 9.6M | 23.5M | 31.3M | 62.9M | |
2.1B | 1.6B | 1.6B | 1.4B | 1.1B | 885.4M | 633.5M | 409.7M | 281.3M | 200.4M | 173.8M | 76M | 85.5M | 143.3M | 183.1M | 12.5M | 9.6M | 23.5M | 31.3M | 62.9M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 104.6M | 35.1M | 14.7M | 14.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
1.7B | 1.2B | 738.8M | 460.6M | 353.1M | 280.8M | 167.5M | 124.4M | 111.8M | 77.6M | 56.1M | 30.8M | 14.1M | 30.5M | 112.4M | 0.0 | 8K | 0.0 | 0.0 | 0.0 | |
101.7M | 459.2M | 537.6M | 431.6M | 442.1M | 228.6M | 213.5M | 140.8M | 62.5M | 36.1M | 22.1M | 17.6M | 15.4M | 24.7M | 14.9M | 13.1M | 12.5M | 12M | 4.7M | 3.9M | |
748.6M | 206.5M | 86.1M | 121.9M | 103.7M | 79.7M | 0.0 | 0.0 | 0.0 | 47.8M | 96.9M | 20.9M | 524K | 70M | 51.9M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
11.2B | 9.6B | 14.1B | 13.2B | 9.6B | 8.1B | 4.8B | 3.8B | 2.6B | 1.8B | 1.4B | 1.5B | 1.6B | 1.6B | 1.3B | 1.1B | 1.3B | 867.6M | 496.9M | 771.4M | |
NON-CURRENT ASSETS | ||||||||||||||||||||
3.1B | 2.6B | 1.5B | 1.5B | 1.4B | 1.3B | 833.3M | 812M | 789.4M | 698.4M | 697.7M | 715.8M | 696.9M | 433.6M | 133.2M | 72.3M | 62.3M | 68.3M | 66.5M | 61.5M | |
1.1B | 1.1B | 1.1B | 1.1B | 1B | 1B | 1B | 50.4M | 50.4M | 50.4M | 50.4M | 39.9M | 31M | 31M | 31M | 26.1M | 26.1M | 0.0 | 0.0 | 0.0 | |
424.2M | 825.9M | 839.9M | 603.6M | 400M | 400M | 400M | 0.0 | 29M | 284.3M | 284.3M | 29M | 0.0 | 663.5M | 663.5M | 518.7M | 518.7M | 0.0 | 0.0 | 0.0 | |
1.5B | 1.9B | 1.9B | 1.7B | 1.4B | 1.4B | 1.4B | 50.4M | 79.4M | 334.7M | 334.7M | 68.9M | 31M | 694.5M | 694.5M | 544.8M | 544.8M | 0.0 | 0.0 | 0.0 | |
5.8B | 5.1B | 2.5B | 112.2M | 0.0 | 0.0 | 0.0 | 0.0 | 20.4M | 20.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
3.4B | 2.3B | 1.8B | 1.2B | 934.5M | 882.8M | 1.2B | 1.5B | 834K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
1.1B | 999.3M | 895.3M | 409.6M | 110.8M | 49.3M | 69.4M | 40.7M | 6.9M | 11.9M | 59M | 3.4M | 2.6M | 41.6M | 45.4M | 51.3M | 41.4M | 44.6M | 38.1M | 88.6M | |
14.9B | 12.9B | 8.6B | 4.9B | 3.9B | 3.6B | 3.5B | 2.4B | 897.1M | 1.1B | 1.1B | 788.2M | 730.5M | 1.2B | 873M | 668.4M | 648.5M | 112.9M | 104.6M | 150.2M | |
26.1B | 22.5B | 22.7B | 18.2B | 13.4B | 11.8B | 8.3B | 6.2B | 3.5B | 2.9B | 2.5B | 2.3B | 2.3B | 2.8B | 2.2B | 1.7B | 2B | 980.5M | 601.5M | 921.6M | |
LIABILITIES | ||||||||||||||||||||
CURRENT LIABILITIES | ||||||||||||||||||||
461.7M | 413M | 924.5M | 642.2M | 606.7M | 424.7M | 258.5M | 255.4M | 147M | 114.3M | 166.1M | 93.5M | 78.8M | 133.2M | 115.3M | 35.9M | 37M | 51.8M | 32.8M | 15.4M | |
461.7M | 413M | 364.9M | 303.9M | 195M | 155.1M | 87.6M | 111M | 74M | 61.5M | 74.9M | 71.2M | 49.3M | 101.3M | 74.6M | 35.9M | 37M | 51.8M | 32.8M | 15.4M | |
0.0 | 0.0 | 559.6M | 338.3M | 411.7M | 269.6M | 170.9M | 144.4M | 73M | 52.8M | 91.1M | 22.3M | 29.5M | 31.9M | 40.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
397.7M | 352.1M | 2.3B | 1.8B | 1.3B | 1.1B | 946M | 814.5M | 603.3M | 268.5M | 222.6M | 220.5M | 255.9M | 238.5M | 219.5M | 143.4M | 125.6M | 105.9M | 93.9M | 93.4M | |
82.8M | 92.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 300M | 71.3M | 14.2M | 0.0 | 0.0 | 0.0 | 137M | 32.1M | 0.0 | 20M | 103.8M | |
0.0 | 0.0 | 83.7M | 89.4M | 80.2M | 42.4M | 38.8M | 5.3M | 22.5M | 19.4M | 15.5M | 17.8M | 16.9M | 13.7M | 0.0 | 0.0 | 32.1M | 0.0 | 0.0 | 0.0 | |
0.0 | 161.1M | 99.5M | 123.3M | 211.3M | 104.2M | 72.3M | 0.0 | 0.0 | 6.9M | 31M | 10M | 8.4M | 715K | 12.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
171.8M | 206.8M | 170.3M | 159.6M | 171.7M | 191.5M | 62.3M | 24.9M | 237.6M | 79.4M | 16.3M | 17.5M | 21.5M | 27.6M | 45M | 74.6M | 75M | 37.7M | 25.5M | 33.9M | |
2.7B | 2.5B | 50.7M | 62.5M | 16.5M | 83.5M | 29.2M | 20.3M | -203.2M | 10.9M | 14.4M | 4.8M | 24.7M | 19.7M | 12.5M | 83.9M | -16.8M | 21.3M | 27.2M | 4.6M | |
3.9B | 3.6B | 3.5B | 2.7B | 2.1B | 1.9B | 1.3B | 1.1B | 807.3M | 792.5M | 506.2M | 368.3M | 397.8M | 432.6M | 392.3M | 474.8M | 284.9M | 216.6M | 199.3M | 251M | |
NON-CURRENT LIABILITIES | ||||||||||||||||||||
1.8B | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 223.9M | 280.6M | 0.0 | 400M | 400M | 400M | 121.8M | 287.5M | 0.0 | 20M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 88.8M | 82.6M | 78.4M | 80.1M | 9.7M | 27.8M | 49.5M | 96.2M | 118.1M | 160M | 225.6M | 209.8M | 0.0 | 0.0 | |
1.3B | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.3M | 134.1M | 110.4M | 15M | 0.0 | 280.4M | 243.7M | 160.3M | 160.3M | 0.0 | 0.0 | 0.0 | |
-1.5B | 901.8M | 877.7M | 685.8M | 303.3M | 298M | 186.8M | 26.3M | 27.8M | 30.6M | 39.2M | 34.5M | 25.7M | 71M | 65.7M | 26.4M | 66.6M | 27.7M | 130.9M | 144.6M | |
3.6B | 2.6B | 1.6B | 1.5B | 1.2B | 1.2B | 898.4M | 690.4M | 696.4M | 766.1M | 898.8M | 870.2M | 564.8M | 1.1B | 883.5M | 746.7M | 574.3M | 525M | 130.9M | 164.6M | |
2B | 1.7B | 808.4M | 899.7M | 967.4M | 931.9M | 577.4M | 567.2M | 563.9M | 541.3M | 525.2M | 530.5M | 440.9M | 272.6M | 0.0 | 0.0 | 32.1M | 0.0 | 0.0 | 0.0 | |
7.5B | 6.1B | 5.1B | 4.2B | 3.3B | 3.1B | 2.2B | 1.8B | 1.5B | 1.6B | 1.4B | 1.2B | 962.6M | 1.6B | 1.3B | 1.2B | 859.1M | 741.6M | 330.2M | 415.6M | |
SHAREHOLDERS' EQUITY | ||||||||||||||||||||
2.5M | 2.6M | 2.6M | 2.6M | 2.5M | 2.6M | 2.6M | 2.5M | 2.5M | 2.5M | 2.4M | 2.4M | 2.3M | 2.1M | 2.1M | 2M | 2M | 1.5M | 1.3M | 1.2M | |
5.1B | 6.7B | 7.4B | 7.4B | 6.9B | 7.9B | 7.9B | 7.4B | 7.2B | 6.5B | 6.2B | 5.8B | 5.3B | 4.5B | 4.2B | 3.9B | 3.8B | 2.3B | 1.9B | 1.7B | |
13.6B | 9.6B | 10.1B | 6.5B | 3.2B | 858.7M | -1.9B | -3B | -5.1B | -5.4B | -5.3B | -4.7B | -4B | -3.5B | -3.4B | -3.4B | -2.7B | -2B | -1.6B | -1.2B | |
-15.9M | 127.8M | -14.3M | 800K | 15.9M | -68.5M | -2M | 659K | -11.6M | 21.2M | 1.8M | 917K | -306K | -550K | -1.1M | -1.1M | -640K | 3.2M | 881K | -962K | |
18.7B | 16.4B | 17.6B | 13.9B | 10.1B | 8.7B | 6.1B | 4.4B | 2B | 1.2B | 940M | 1.1B | 1.4B | 999.2M | 786.8M | 504M | 1.1B | 238.9M | 271.3M | 505.9M | |
18.7B | 16.4B | 17.6B | 13.9B | 10.1B | 8.7B | 6.1B | 4.4B | 2B | 1.3B | 1.1B | 1.1B | 1.4B | 1.2B | 928.5M | 504M | 1.1B | 238.9M | 271.3M | 505.9M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13.7M | 181.6M | 153.7M | 21.2M | 0.0 | 235.2M | 178.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
SUMMARY | ||||||||||||||||||||
26.1B | 22.5B | 22.7B | 18.2B | 13.4B | 11.8B | 8.3B | 6.2B | 3.5B | 2.9B | 2.5B | 2.3B | 2.3B | 2.8B | 2.2B | 1.7B | 2B | 980.5M | 601.5M | 921.6M | |
7.3B | 6.7B | 3.3B | 386.7M | 729.9M | 670.7M | 699M | 518.1M | 443.7M | 270.9M | 327.7M | 761.8M | 895.8M | 831.8M | 493.6M | 788.2M | 838.3M | 443M | 105.2M | 491.5M | |
3.9B | 1.7B | 808.4M | 899.7M | 967.4M | 931.9M | 661.7M | 586.8M | 606.4M | 840.8M | 826.2M | 824.9M | 506.6M | 696.9M | 456M | 537M | 185.9M | 287.5M | 20M | 123.8M | |
-1.2B | -2.8B | -9.6B | -9.6B | -5.8B | -5.1B | -2.4B | -2.1B | -1.1B | -343.2M | 111.5M | 199.7M | -62.7M | 207.5M | -19.4M | 293.8M | -260.8M | -101.6M | -335.7M | -89.4M | |
256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 | 256,622,810 |
VRTX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 31, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 13, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 03, 2025 | November 03, 2025 | 2025 |
Continue your VRTX research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.