Vertex Pharmaceuticals Incorporated

Vertex Pharmaceuticals Incorporated

VRTXยทNASDAQ

$428.41

-2.3%
HealthcareBiotechnology

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.

At a Glance

Live Snapshot
Market Cap$108.73B
EPS15.4600
P/E Ratio27.71
Earnings Date08/03/2026
3Y-12.0%
5Y+12.0%
10Y+1438.0%
3Y+194.0%
5Y-1051.0%
10Y-1005.0%
3Y+3240.0%
5Y+348.0%
10Y-1797.0%
VRTX

Vertex Pharmaceuticals Incorporated Cash Conversion Engine

VRTX ยท NASDAQ
Net Income3.95B
Depreciation & Amortization207.20M
Stock-Based Compensation0.00
Change in Working Capital-1.20B
Others1.18B
Capital Expenditures-437.60M
Free Cash Flow3.19B

Cash Flow Quality Analysis

FCF Conversion Rate

80.8%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

12.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+504.1%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.20B

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Vertex Pharmaceuticals Incorporated Cash Flow Statement

VRTX โ€ข NASDAQ

Vertex Pharmaceuticals Incorporated Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
4B
-535.6M
3.6B
3.3B
2.3B
2.7B
1.2B
2.1B
91.6M
-84M
-588.2M
-742.7M
-687.6M
-51.1M
41.2M
-754.6M
-642.2M
-459.9M
-391.3M
-206.9M
207.2M
207.2M
181.3M
148.3M
125.6M
109.5M
106.9M
72.4M
61.4M
61.4M
62.3M
63.3M
48.4M
38.2M
35M
30.5M
30.1M
32.2M
27.5M
25.9M
-510.8M
-348.8M
-536.5M
-275.9M
-154.6M
277.3M
167.4M
-1.5B
-120.5M
17M
3.3M
281K
-285.1M
36.7M
-7.5M
54.9M
-2.2M
0.0
-59.1M
-50.2M
0.0
698.5M
581.2M
491.3M
441.4M
429.5M
360.5M
325M
290.7M
237.7M
231M
177.5M
127.3M
114.3M
126.8M
97.7M
86.7M
63M
59.4M
39.1M
1.2B
900K
-42.6M
103.4M
-5.8M
-220M
-176.2M
60M
506.4M
6.1M
12M
-471K
750.4M
143.6M
141.3M
-31K
38.6M
-622K
63.7M
46.6M
(0.0)
(1.1B)
(1.7B)
(1.1B)
(476.3M)
(191.8M)
(24.7M)
(12.4M)
(6.4M)
(0.0)
(1.8M)
(1.2M)
(2.8M)
(9.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1.2B
-514.8M
-265.7M
340.8M
-105.2M
-54.5M
-66.1M
238M
15.3M
-2.1M
-86M
-11.1M
-5.1M
-13.8M
-193.1M
-63.8M
61.4M
138.8M
47.3M
123.1M
3.6B
-492.6M
3.5B
4.1B
2.6B
3.3B
1.6B
1.3B
844.9M
236.1M
-365.4M
-513.2M
-51.6M
267.8M
143.7M
-635.4M
-427.6M
-226.5M
-252.5M
-22.5M
INVESTING ACTIVITIES
-437.6M
-297.7M
-200.4M
-204.7M
-235M
-259.8M
-75.5M
-95.5M
-259.4M
-56.6M
-45.3M
-51.2M
-51.4M
-71.1M
-94.6M
-38.1M
-23.5M
-32.2M
-32.4M
-32.4M
(0.0)
(0.0)
(0.0)
-295.9M
(77M)
-418.2M
-1.2B
(0.0)
-160M
(0.0)
-80M
-10M
(0.0)
(0.0)
-60M
(0.0)
-87.4M
(0.0)
(33M)
(0.0)
-6.4B
-7.7B
-3.8B
-692.7M
-605.2M
-450.7M
-576.5M
-515.4M
-532.6M
-629.7M
-633M
-1.4B
-2.4B
-1.7B
-721.5M
-1.2B
-1.2B
-755.4M
-318M
-508.1M
5.9B
4.5B
934.2M
920M
499.3M
809.9M
570.9M
431.6M
369.2M
757.6M
1.1B
1.6B
2.3B
1.4B
1B
1.3B
788.3M
427.6M
755.6M
302.4M
-24.7M
-241.7M
-89M
-47.8M
-77M
418.2M
0.0
-22.8M
145.1M
33.2M
-40.2M
1.4M
61.4M
-16.8M
72.5M
-4.7M
624K
-696K
-33M
29.6M
-945.4M
-3.8B
-3.1B
-321.1M
-340.9M
(99.4M)
-1.2B
-202.2M
-437.7M
(104.5M)
(268.9M)
(74M)
-54.1M
-425.8M
(212.4M)
(7.3M)
-508.7M
-360.7M
(405.2M)
-208.5M
FINANCING ACTIVITIES
-1.9B
-1.1B
-293M
186.3M
-1.3B
-274.2M
151.2M
-350M
0.0
0.0
185.6M
274.6M
265.9M
191.7M
124.9M
33.4M
849.2M
362.1M
32M
366M
-5.4M
-33.6M
-44.9M
-85.5M
-18.7M
-29M
-29.1M
-12.5M
-284.7M
-6.9M
3.3M
272.5M
-83.7M
-21.5M
-155M
391.6M
149.8M
258.6M
-42.1M
0.0
-2B
-1.2B
-427.6M
(0.0)
-1.4B
-539.1M
-192M
-350M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-366.2M
-398.8M
-224.3M
-168.5M
-130.2M
-202.1M
4.7M
2.1M
353.1M
140.1M
0.0
-49.7M
-1.3M
2M
-94.1M
-22K
0.0
0.0
-53K
-170K
-2.3B
-1.5B
-562.2M
-67.7M
-1.5B
-505.3M
126.8M
-71.2M
68.4M
133.3M
188.9M
497.4M
180.9M
172.2M
-124.2M
425.1M
999M
620.7M
-10.2M
365.9M
CASH FLOW SUMMARY
90.9M
-42.6M
26.9M
-29.2M
-13.4M
20.6M
1.6M
-6.2M
5.8M
-4.7M
-2.8M
-2.2M
4.7M
-141K
214K
-377K
-5.1M
-154K
-8K
207K
515.6M
-5.8B
-139.7M
3.7B
811.2M
2.9B
462.4M
990.7M
481.5M
469.2M
89.5M
56M
79.9M
14.1M
232.1M
-203.5M
57.5M
33.5M
142.5M
135.1M
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
78M
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
3.2B
-790.3M
3.3B
3.9B
2.4B
3B
1.5B
1.2B
585.5M
179.5M
-410.7M
-564.4M
-103M
196.7M
49.1M
-673.5M
-451.1M
-258.7M
-284.9M
-54.9M

SEC Filings

VRTX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 462 filings