Vertex Pharmaceuticals annual free cash flow
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Vertex Pharmaceuticals Free Cash Flow (FCF) History (VRTX)
Vertex Pharmaceuticals reported $3.19B in free cash flow for fiscal 2025, an increase of $3.98B from the previous fiscal year, with a free cash flow margin of 26.61%.
View full Vertex Pharmaceuticals company overviewVertex Pharmaceuticals free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.19B | $3.98B | — | +26.61% |
| 2024 | 2024-12-31 | −$790.3M | −$4.13B | — | −7.17% |
| 2023 | 2023-12-31 | $3.34B | −$588.3M | −14.99% | +33.81% |
| 2022 | 2022-12-31 | $3.93B | $1.52B | +62.97% | +43.95% |
| 2021 | 2021-12-31 | $2.41B | −$585.2M | −19.55% | +31.80% |
| 2020 | 2020-12-31 | $2.99B | $1.50B | +100.39% | +48.24% |
| 2019 | 2019-12-31 | $1.49B | $319.1M | +27.16% | +35.89% |
| 2018 | 2018-12-31 | $1.17B | $429.3M | +57.59% | +38.55% |
| 2017 | 2017-12-31 | $745.5M | $566.0M | +315.24% | +29.96% |
| 2016 | 2016-12-31 | $179.5M | $590.3M | — | +10.55% |
| 2015 | 2015-12-31 | −$410.7M | $213.6M | — | −39.79% |
| 2014 | 2014-12-31 | −$624.3M | −$512.3M | — | −107.56% |
| 2013 | 2013-12-31 | −$112.1M | −$308.8M | — | −9.25% |
| 2012 | 2012-12-31 | $196.7M | $87.6M | +80.23% | +12.88% |
| 2011 | 2011-12-31 | $109.1M | $782.6M | — | +7.74% |
| 2010 | 2010-12-31 | −$673.5M | −$222.4M | — | −469.76% |
| 2009 | 2009-12-31 | −$451.1M | −$192.4M | — | −442.72% |
| 2008 | 2008-12-31 | −$258.7M | — | — | −147.38% |
Vertex Pharmaceuticals quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.01B | $85.8M | +9.25% | +30.39% |
| Q1 2026 | 2026-03-31 | $1.29B | $516.5M | +66.37% | +43.35% |
| Q4 2025 | 2025-12-31 | $348.6M | −$143.4M | −29.15% | +10.93% |
| Q3 2025 | 2025-09-30 | $1.14B | −$162.5M | −12.48% | +37.04% |
| Q2 2025 | 2025-06-30 | $927.4M | $4.75B | — | +31.28% |
| Q1 2025 | 2025-03-31 | $778.2M | −$460.0M | −37.15% | +28.09% |
| Q4 2024 | 2024-12-31 | $492.0M | $315.5M | +178.75% | +16.90% |
| Q3 2024 | 2024-09-30 | $1.30B | $74.3M | +6.05% | +46.97% |
| Q2 2024 | 2024-06-30 | −$3.82B | −$4.90B | — | −144.49% |
| Q1 2024 | 2024-03-31 | $1.24B | $380.4M | +44.35% | +46.02% |
| Q4 2023 | 2023-12-31 | $176.5M | −$868.3M | −83.11% | +7.01% |
| Q3 2023 | 2023-09-30 | $1.23B | $326.5M | +36.23% | +49.44% |
| Q2 2023 | 2023-06-30 | $1.07B | −$11.7M | −1.08% | +43.11% |
| Q1 2023 | 2023-03-31 | $857.8M | −$34.8M | −3.90% | +36.12% |
| Q4 2022 | 2022-12-31 | $1.04B | $111.6M | +11.96% | +45.37% |
| Q3 2022 | 2022-09-30 | $901.3M | $26.5M | +3.03% | +38.61% |
| Q2 2022 | 2022-06-30 | $1.09B | $1.34B | — | +49.47% |
| Q1 2022 | 2022-03-31 | $892.6M | $42.5M | +5.00% | +42.56% |
| Q4 2021 | 2021-12-31 | $933.2M | $489.4M | +110.26% | +45.03% |
| Q3 2021 | 2021-09-30 | $874.8M | $141.8M | +19.35% | +44.09% |
| Q2 2021 | 2021-06-30 | −$249.6M | −$1.27B | — | −13.92% |
| Q1 2021 | 2021-03-31 | $850.1M | $53.9M | +6.76% | +49.30% |
| Q4 2020 | 2020-12-31 | $443.8M | $14.6M | +3.39% | +27.27% |
| Q3 2020 | 2020-09-30 | $733.0M | $422.5M | +136.06% | +47.65% |
| Q2 2020 | 2020-06-30 | $1.02B | $573.3M | +128.14% | +66.95% |
| Q1 2020 | 2020-03-31 | $796.2M | $489.5M | +159.58% | +52.55% |
| Q4 2019 | 2019-12-31 | $429.3M | $130.3M | +43.60% | +30.37% |
| Q3 2019 | 2019-09-30 | $310.5M | −$49.9M | −13.85% | +32.69% |
| Q2 2019 | 2019-06-30 | $447.4M | $155.3M | +53.17% | +47.53% |
| Q1 2019 | 2019-03-31 | $306.7M | $83.4M | +37.32% | +35.73% |
| Q4 2018 | 2018-12-31 | $298.9M | $114.4M | +62.00% | +34.36% |
| Q3 2018 | 2018-09-30 | $360.4M | $218.3M | +153.60% | +45.94% |
| Q2 2018 | 2018-06-30 | $292.1M | $127.8M | +77.81% | +38.83% |
| Q1 2018 | 2018-03-31 | $223.4M | −$31.2M | −12.26% | +34.86% |
| Q4 2017 | 2017-12-31 | $184.5M | $54.6M | +42.01% | +28.32% |
| Q3 2017 | 2017-09-30 | $142.1M | $90.4M | +174.52% | +24.58% |
| Q2 2017 | 2017-06-30 | $164.3M | $139.3M | +558.63% | +30.19% |
| Q1 2017 | 2017-03-31 | $254.6M | $281.7M | — | +35.62% |
| Q4 2016 | 2016-12-31 | $129.9M | $113.3M | +681.99% | +28.33% |
| Q3 2016 | 2016-09-30 | $51.8M | $122.6M | — | +12.51% |
| Q2 2016 | 2016-06-30 | $24.9M | $148.6M | — | +5.78% |
| Q1 2016 | 2016-03-31 | −$27.1M | $205.7M | — | −6.81% |
| Q4 2015 | 2015-12-31 | $16.6M | $213.1M | — | +3.98% |
| Q3 2015 | 2015-09-30 | −$70.9M | $26.1M | — | −22.87% |
| Q2 2015 | 2015-06-30 | −$123.7M | $15.9M | — | −74.48% |
| Q1 2015 | 2015-03-31 | −$232.8M | −$41.5M | — | −168.07% |
| Q4 2014 | 2014-12-31 | −$196.5M | −$201.7M | — | −135.91% |
| Q3 2014 | 2014-09-30 | −$96.9M | −$64.7M | — | −54.16% |
| Q2 2014 | 2014-06-30 | −$139.6M | −$136.9M | — | −100.87% |
| Q1 2014 | 2014-03-31 | −$191.3M | −$108.9M | — | −161.49% |
| Q4 2013 | 2013-12-31 | $5.3M | −$7.2M | −57.74% | +1.51% |
| Q3 2013 | 2013-09-30 | −$32.2M | −$116.8M | — | −14.54% |
| Q2 2013 | 2013-06-30 | −$2.7M | −$105.6M | — | −0.88% |
| Q1 2013 | 2013-03-31 | −$82.4M | −$79.1M | — | −25.09% |
| Q4 2012 | 2012-12-31 | $12.5M | −$481.8M | −97.47% | +3.75% |
| Q3 2012 | 2012-09-30 | $84.6M | $51.7M | +156.96% | +25.17% |
| Q2 2012 | 2012-06-30 | $102.9M | $329.5M | — | +24.59% |
| Q1 2012 | 2012-03-31 | −$3.2M | $188.2M | — | −0.74% |
| Q4 2011 | 2011-12-31 | $494.3M | $674.9M | — | +87.75% |
| Q3 2011 | 2011-09-30 | $32.9M | $207.7M | — | +4.99% |
| Q2 2011 | 2011-06-30 | −$226.6M | −$108.1M | — | −198.06% |
| Q1 2011 | 2011-03-31 | −$191.5M | $8.1M | — | −259.94% |
| Q4 2010 | 2010-12-31 | −$180.5M | −$70.6M | — | −275.52% |
| Q3 2010 | 2010-09-30 | −$174.8M | −$148.4M | — | −734.69% |
| Q2 2010 | 2010-06-30 | −$118.6M | $4.1M | — | −374.97% |
| Q1 2010 | 2010-03-31 | −$199.6M | −$7.4M | — | −889.79% |
| Q4 2009 | 2009-12-31 | −$109.9M | — | — | −324.31% |
| Q3 2009 | 2009-09-30 | −$26.4M | — | — | −105.73% |
| Q2 2009 | 2009-06-30 | −$122.7M | — | — | −643.36% |
| Q1 2009 | 2009-03-31 | −$192.1M | — | — | −801.28% |
Vertex Pharmaceuticals free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $2.99B to $3.19B, a compound annual growth rate of 1.30%. Vertex Pharmaceuticals's latest reported quarter, Q2 2026, generated $1.01B in free cash flow, an increase of 9.25% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Vertex Pharmaceuticals filings at SEC.gov ↗