Vertex Pharmaceuticals annual operating expenses
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Vertex Pharmaceuticals Operating Expenses Growth & History (VRTX)
Vertex Pharmaceuticals's operating expenses was $7.83B for fiscal 2025.
View full Vertex Pharmaceuticals company overviewVertex Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.83B | −$3.42B | −30.44% |
| 2024 | 2024-12-31 | $11.25B | $5.22B | +86.39% |
| 2023 | 2023-12-31 | $6.04B | $1.41B | +30.58% |
| 2022 | 2022-12-31 | $4.62B | −$169.0M | −3.53% |
| 2021 | 2021-12-31 | $4.79B | $1.44B | +43.08% |
| 2020 | 2020-12-31 | $3.35B | $384.1M | +12.95% |
| 2019 | 2019-12-31 | $2.97B | $552.9M | +22.92% |
| 2018 | 2018-12-31 | $2.41B | $47.0M | +1.99% |
| 2017 | 2017-12-31 | $2.37B | $673.2M | +39.78% |
| 2016 | 2016-12-31 | $1.69B | $193.0M | +12.88% |
| 2015 | 2015-12-31 | $1.50B | $226.4M | +17.79% |
| 2014 | 2014-12-31 | $1.27B | −$549.2M | −30.14% |
| 2013 | 2013-12-31 | $1.82B | $341.7M | +23.08% |
| 2012 | 2012-12-31 | $1.48B | $183.5M | +14.15% |
| 2011 | 2011-12-31 | $1.30B | $457.4M | +54.48% |
| 2010 | 2010-12-31 | $839.4M | $123.5M | +17.26% |
| 2009 | 2009-12-31 | $715.9M | $77.7M | +12.17% |
| 2008 | 2008-12-31 | $638.2M | — | — |
Vertex Pharmaceuticals quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.09B | $273.4M | +15.07% |
| Q1 2026 | 2026-03-31 | $1.85B | −$291.3M | −13.61% |
| Q4 2025 | 2025-12-31 | $1.98B | $98.1M | +5.20% |
| Q3 2025 | 2025-09-30 | $1.89B | $234.6M | +14.17% |
| Q2 2025 | 2025-06-30 | $1.81B | −$4.35B | −70.56% |
| Q1 2025 | 2025-03-31 | $2.14B | $589.0M | +37.97% |
| Q4 2024 | 2024-12-31 | $1.89B | $356.8M | +23.33% |
| Q3 2024 | 2024-09-30 | $1.66B | $210.2M | +14.54% |
| Q2 2024 | 2024-06-30 | $6.16B | $4.69B | +319.98% |
| Q1 2024 | 2024-03-31 | $1.55B | −$44.7M | −2.80% |
| Q4 2023 | 2023-12-31 | $1.53B | $260.0M | +20.49% |
| Q3 2023 | 2023-09-30 | $1.45B | $237.8M | +19.69% |
| Q2 2023 | 2023-06-30 | $1.47B | $376.9M | +34.58% |
| Q1 2023 | 2023-03-31 | $1.60B | $539.2M | +51.03% |
| Q4 2022 | 2022-12-31 | $1.27B | $74.3M | +6.22% |
| Q3 2022 | 2022-09-30 | $1.21B | $278.0M | +29.91% |
| Q2 2022 | 2022-06-30 | $1.09B | −$741.4M | −40.48% |
| Q1 2022 | 2022-03-31 | $1.06B | $220.1M | +26.31% |
| Q4 2021 | 2021-12-31 | $1.19B | $312.9M | +35.47% |
| Q3 2021 | 2021-09-30 | $929.6M | $63.6M | +7.34% |
| Q2 2021 | 2021-06-30 | $1.83B | $1.02B | +127.08% |
| Q1 2021 | 2021-03-31 | $836.5M | $41.6M | +5.24% |
| Q4 2020 | 2020-12-31 | $882.0M | $20.2M | +2.35% |
| Q3 2020 | 2020-09-30 | $866.0M | $15.5M | +1.83% |
| Q2 2020 | 2020-06-30 | $806.5M | $135.1M | +20.13% |
| Q1 2020 | 2020-03-31 | $794.9M | $213.3M | +36.67% |
| Q4 2019 | 2019-12-31 | $861.8M | $119.4M | +16.09% |
| Q3 2019 | 2019-09-30 | $850.5M | $271.6M | +46.92% |
| Q2 2019 | 2019-06-30 | $671.3M | $92.1M | +15.89% |
| Q1 2019 | 2019-03-31 | $581.6M | $69.7M | +13.62% |
| Q4 2018 | 2018-12-31 | $742.4M | $216.5M | +41.17% |
| Q3 2018 | 2018-09-30 | $578.9M | −$325.3M | −35.98% |
| Q2 2018 | 2018-06-30 | $579.3M | $87.9M | +17.88% |
| Q1 2018 | 2018-03-31 | $511.9M | $68.0M | +15.32% |
| Q4 2017 | 2017-12-31 | $525.9M | $106.8M | +25.49% |
| Q3 2017 | 2017-09-30 | $904.2M | $471.7M | +109.06% |
| Q2 2017 | 2017-06-30 | $491.4M | $63.2M | +14.75% |
| Q1 2017 | 2017-03-31 | $443.9M | $31.5M | +7.63% |
| Q4 2016 | 2016-12-31 | $419.1M | −$52.6M | −11.15% |
| Q3 2016 | 2016-09-30 | $432.5M | $52.7M | +13.87% |
| Q2 2016 | 2016-06-30 | $428.3M | $91.0M | +26.99% |
| Q1 2016 | 2016-03-31 | $412.4M | $101.9M | +32.82% |
| Q4 2015 | 2015-12-31 | $471.6M | $173.5M | +58.17% |
| Q3 2015 | 2015-09-30 | $379.8M | $58.7M | +18.26% |
| Q2 2015 | 2015-06-30 | $337.2M | $18.3M | +5.73% |
| Q1 2015 | 2015-03-31 | $310.5M | −$24.0M | −7.17% |
| Q4 2014 | 2014-12-31 | $298.2M | −$63.3M | −17.50% |
| Q3 2014 | 2014-09-30 | $321.2M | −$24.1M | −6.97% |
| Q2 2014 | 2014-06-30 | $319.0M | −$38.8M | −10.85% |
| Q1 2014 | 2014-03-31 | $334.5M | −$423.0M | −55.84% |
| Q4 2013 | 2013-12-31 | $361.4M | −$50.0M | −12.16% |
| Q3 2013 | 2013-09-30 | $345.3M | $8.2M | +2.43% |
| Q2 2013 | 2013-06-30 | $357.8M | −$71.3M | −16.62% |
| Q1 2013 | 2013-03-31 | $757.5M | $410.4M | +118.25% |
| Q4 2012 | 2012-12-31 | $411.5M | $72.0M | +21.22% |
| Q3 2012 | 2012-09-30 | $337.1M | −$106.4M | −23.99% |
| Q2 2012 | 2012-06-30 | $429.1M | $148.8M | +53.07% |
| Q1 2012 | 2012-03-31 | $347.1M | $113.5M | +48.61% |
| Q4 2011 | 2011-12-31 | $339.4M | $107.3M | +46.21% |
| Q3 2011 | 2011-09-30 | $443.5M | $220.1M | +98.53% |
| Q2 2011 | 2011-06-30 | $280.3M | $79.1M | +39.32% |
| Q1 2011 | 2011-03-31 | $233.6M | $50.9M | +27.83% |
| Q4 2010 | 2010-12-31 | $232.2M | $51.5M | +28.54% |
| Q3 2010 | 2010-09-30 | $223.4M | $50.2M | +28.98% |
| Q2 2010 | 2010-06-30 | $201.2M | $25.0M | +14.17% |
| Q1 2010 | 2010-03-31 | $182.7M | −$3.2M | −1.70% |
| Q4 2009 | 2009-12-31 | $180.6M | — | — |
| Q3 2009 | 2009-09-30 | $173.2M | — | — |
| Q2 2009 | 2009-06-30 | $176.2M | — | — |
| Q1 2009 | 2009-03-31 | $185.9M | — | — |
Vertex Pharmaceuticals operating expenses trends
Over the last five fiscal years, Vertex Pharmaceuticals's operating expenses increased from $3.35B to $7.83B, a change of $4.48B. The latest reported quarter, Q2 2026, shows $2.09B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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