Vertex annual r&d spending
2018
2019
2020
2021
2022
2023
2024
2025
Vertex R&D Spending Growth & History (VERX)
Vertex's r&d spending was $83.7M for fiscal 2025.
View full Vertex company overviewVertex annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $83.7M | $17.0M | +25.57% |
| 2024 | 2024-12-31 | $66.7M | $8.5M | +14.52% |
| 2023 | 2023-12-31 | $58.2M | $16.3M | +39.01% |
| 2022 | 2022-12-31 | $41.9M | −$2.1M | −4.86% |
| 2021 | 2021-12-31 | $44.0M | −$10.3M | −19.00% |
| 2020 | 2020-12-31 | $54.3M | $23.8M | +77.83% |
| 2019 | 2019-12-31 | $30.6M | $6.8M | +28.63% |
| 2018 | 2018-12-31 | $23.8M | — | — |
Vertex quarterly r&d spending
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $24.8M | $4.2M | +20.52% |
| Q1 2026 | 2026-03-31 | $24.6M | $3.7M | +17.54% |
| Q4 2025 | 2025-12-31 | $22.3M | $2.7M | +13.95% |
| Q3 2025 | 2025-09-30 | $19.9M | $4.3M | +27.58% |
| Q2 2025 | 2025-06-30 | $20.6M | $6.0M | +40.84% |
| Q1 2025 | 2025-03-31 | $20.9M | $4.0M | +23.99% |
| Q4 2024 | 2024-12-31 | $19.6M | $6.7M | +51.85% |
| Q3 2024 | 2024-09-30 | $15.6M | −$1.2M | −6.86% |
| Q2 2024 | 2024-06-30 | $14.6M | $1.9M | +15.25% |
| Q1 2024 | 2024-03-31 | $16.8M | $983,000 | +6.20% |
| Q4 2023 | 2023-12-31 | $12.9M | $1.3M | +11.35% |
| Q3 2023 | 2023-09-30 | $16.8M | $6.4M | +62.03% |
| Q2 2023 | 2023-06-30 | $12.7M | $2.4M | +22.99% |
| Q1 2023 | 2023-03-31 | $15.9M | $6.2M | +64.66% |
| Q4 2022 | 2022-12-31 | $11.6M | $829,000 | +7.71% |
| Q3 2022 | 2022-09-30 | $10.4M | $472,000 | +4.78% |
| Q2 2022 | 2022-06-30 | $10.3M | −$1.6M | −13.55% |
| Q1 2022 | 2022-03-31 | $9.6M | −$1.8M | −15.94% |
| Q4 2021 | 2021-12-31 | $10.8M | −$389,000 | −3.49% |
| Q3 2021 | 2021-09-30 | $9.9M | −$6.6M | −40.13% |
| Q2 2021 | 2021-06-30 | $11.9M | −$1.7M | −12.42% |
| Q1 2021 | 2021-03-31 | $11.5M | −$1.6M | −12.39% |
| Q4 2020 | 2020-12-31 | $11.1M | — | — |
| Q3 2020 | 2020-09-30 | $16.5M | $9.2M | +126.94% |
| Q2 2020 | 2020-06-30 | $13.6M | $6.4M | +88.99% |
| Q1 2020 | 2020-03-31 | $13.1M | — | — |
| Q3 2019 | 2019-09-30 | $7.3M | — | — |
| Q2 2019 | 2019-06-30 | $7.2M | — | — |
Vertex r&d spending trends
Over the last five fiscal years, Vertex's r&d spending increased from $54.3M to $83.7M, a change of $29.4M. The latest reported quarter, Q2 2026, shows $24.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vertex source filings ↗