Vertex Pharmaceuticals annual r&d spending
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Vertex Pharmaceuticals R&D Spending Growth & History (VRTX)
Vertex Pharmaceuticals's r&d spending was $3.91B for fiscal 2025.
View full Vertex Pharmaceuticals company overviewVertex Pharmaceuticals annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.91B | $279.2M | +7.69% |
| 2024 | 2024-12-31 | $3.63B | $467.4M | +14.78% |
| 2023 | 2023-12-31 | $3.16B | $622.6M | +24.51% |
| 2022 | 2022-12-31 | $2.54B | $602.5M | +31.09% |
| 2021 | 2021-12-31 | $1.94B | $292.9M | +17.81% |
| 2020 | 2020-12-31 | $1.64B | −$109.6M | −6.25% |
| 2019 | 2019-12-31 | $1.75B | $338.0M | +23.86% |
| 2018 | 2018-12-31 | $1.42B | $91.9M | +6.93% |
| 2017 | 2017-12-31 | $1.32B | $276.9M | +26.43% |
| 2016 | 2016-12-31 | $1.05B | $51.8M | +5.20% |
| 2015 | 2015-12-31 | $995.9M | $140.4M | +16.41% |
| 2014 | 2014-12-31 | $855.5M | −$26.6M | −3.01% |
| 2013 | 2013-12-31 | $882.1M | $116.2M | +15.17% |
| 2012 | 2012-12-31 | $765.9M | $58.2M | +8.22% |
| 2011 | 2011-12-31 | $707.7M | $70.3M | +11.03% |
| 2010 | 2010-12-31 | $637.4M | $87.1M | +15.84% |
| 2009 | 2009-12-31 | $550.3M | $33.4M | +6.45% |
| 2008 | 2008-12-31 | $516.9M | — | — |
Vertex Pharmaceuticals quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $993.8M | $15.4M | +1.57% |
| Q1 2026 | 2026-03-31 | $961.6M | −$18.1M | −1.85% |
| Q4 2025 | 2025-12-31 | $973.7M | −$25.0M | −2.50% |
| Q3 2025 | 2025-09-30 | $977.7M | $101.8M | +11.62% |
| Q2 2025 | 2025-06-30 | $978.4M | $11.8M | +1.22% |
| Q1 2025 | 2025-03-31 | $979.7M | $190.6M | +24.15% |
| Q4 2024 | 2024-12-31 | $998.7M | $174.1M | +21.11% |
| Q3 2024 | 2024-09-30 | $875.9M | $65.9M | +8.14% |
| Q2 2024 | 2024-06-30 | $966.6M | $180.9M | +23.02% |
| Q1 2024 | 2024-03-31 | $789.1M | $46.5M | +6.26% |
| Q4 2023 | 2023-12-31 | $824.6M | $130.5M | +18.80% |
| Q3 2023 | 2023-09-30 | $810.0M | $165.0M | +25.58% |
| Q2 2023 | 2023-06-30 | $785.7M | $185.6M | +30.93% |
| Q1 2023 | 2023-03-31 | $742.6M | $141.5M | +23.54% |
| Q4 2022 | 2022-12-31 | $694.1M | $128.0M | +22.61% |
| Q3 2022 | 2022-09-30 | $645.0M | $178.0M | +38.12% |
| Q2 2022 | 2022-06-30 | $600.1M | $151.4M | +33.74% |
| Q1 2022 | 2022-03-31 | $601.1M | $145.1M | +31.82% |
| Q4 2021 | 2021-12-31 | $566.1M | $99.5M | +21.33% |
| Q3 2021 | 2021-09-30 | $467.0M | −$26.5M | −5.37% |
| Q2 2021 | 2021-06-30 | $448.7M | $27.8M | +6.60% |
| Q1 2021 | 2021-03-31 | $456.0M | $7.5M | +1.67% |
| Q4 2020 | 2020-12-31 | $466.6M | −$13.4M | −2.80% |
| Q3 2020 | 2020-09-30 | $493.5M | −$62.5M | −11.23% |
| Q2 2020 | 2020-06-30 | $420.9M | $41.8M | +11.04% |
| Q1 2020 | 2020-03-31 | $448.5M | $109.0M | +32.12% |
| Q4 2019 | 2019-12-31 | $480.0M | $42.1M | +9.62% |
| Q3 2019 | 2019-09-30 | $555.9M | $225.4M | +68.21% |
| Q2 2019 | 2019-06-30 | $379.1M | $41.6M | +12.31% |
| Q1 2019 | 2019-03-31 | $339.5M | $28.9M | +9.32% |
| Q4 2018 | 2018-12-31 | $437.9M | $131.2M | +42.79% |
| Q3 2018 | 2018-09-30 | $330.5M | −$124.4M | −27.35% |
| Q2 2018 | 2018-06-30 | $337.5M | $48.1M | +16.61% |
| Q1 2018 | 2018-03-31 | $310.6M | $37.0M | +13.52% |
| Q4 2017 | 2017-12-31 | $306.7M | $58.2M | +23.43% |
| Q3 2017 | 2017-09-30 | $454.9M | $182.6M | +67.03% |
| Q2 2017 | 2017-06-30 | $289.5M | $18.4M | +6.81% |
| Q1 2017 | 2017-03-31 | $273.6M | $17.7M | +6.92% |
| Q4 2016 | 2016-12-31 | $248.5M | −$61.7M | −19.90% |
| Q3 2016 | 2016-09-30 | $272.4M | $26.1M | +10.59% |
| Q2 2016 | 2016-06-30 | $271.0M | $47.1M | +21.06% |
| Q1 2016 | 2016-03-31 | $255.9M | $40.3M | +18.67% |
| Q4 2015 | 2015-12-31 | $310.2M | $108.7M | +53.96% |
| Q3 2015 | 2015-09-30 | $246.3M | $55.3M | +28.99% |
| Q2 2015 | 2015-06-30 | $223.9M | −$629,000 | −0.28% |
| Q1 2015 | 2015-03-31 | $215.6M | −$23.0M | −9.65% |
| Q4 2014 | 2014-12-31 | $201.5M | −$37.0M | −15.52% |
| Q3 2014 | 2014-09-30 | $190.9M | −$28.5M | −12.99% |
| Q2 2014 | 2014-06-30 | $224.5M | $10.5M | +4.90% |
| Q1 2014 | 2014-03-31 | $238.6M | $28.4M | +13.52% |
| Q4 2013 | 2013-12-31 | $238.5M | $25.4M | +11.90% |
| Q3 2013 | 2013-09-30 | $219.4M | $19.3M | +9.63% |
| Q2 2013 | 2013-06-30 | $214.0M | $17.4M | +8.88% |
| Q1 2013 | 2013-03-31 | $210.2M | $13.8M | +7.04% |
| Q4 2012 | 2012-12-31 | $213.1M | $26.7M | +14.31% |
| Q3 2012 | 2012-09-30 | $200.2M | $11.1M | +5.88% |
| Q2 2012 | 2012-06-30 | $196.5M | $22.9M | +13.21% |
| Q1 2012 | 2012-03-31 | $196.4M | $37.8M | +23.81% |
| Q4 2011 | 2011-12-31 | $186.4M | $17.6M | +10.39% |
| Q3 2011 | 2011-09-30 | $189.1M | $18.6M | +10.92% |
| Q2 2011 | 2011-06-30 | $173.6M | $18.5M | +11.94% |
| Q1 2011 | 2011-03-31 | $158.6M | $15.6M | +10.91% |
| Q4 2010 | 2010-12-31 | $168.9M | $33.7M | +24.89% |
| Q3 2010 | 2010-09-30 | $170.4M | $38.3M | +28.99% |
| Q2 2010 | 2010-06-30 | $155.1M | $15.8M | +11.30% |
| Q1 2010 | 2010-03-31 | $143.0M | −$569,000 | −0.40% |
| Q4 2009 | 2009-12-31 | $135.2M | — | — |
| Q3 2009 | 2009-09-30 | $132.1M | — | — |
| Q2 2009 | 2009-06-30 | $139.3M | — | — |
| Q1 2009 | 2009-03-31 | $143.6M | — | — |
Vertex Pharmaceuticals r&d spending trends
Over the last five fiscal years, Vertex Pharmaceuticals's r&d spending increased from $1.64B to $3.91B, a change of $2.26B. The latest reported quarter, Q2 2026, shows $993.8M.
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.
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