Other

Non-deductible AIPR&D

Vertex Pharmaceuticals Non-deductible AIPR&D remained flat by 0.0% to 93.5% in Q4 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2024Feb 13, 2026

How to read this metric

An increase indicates higher non-deductible acquisition costs, which can inflate the effective tax rate and reduce net income.

Detailed definition

This metric represents the impact of non-deductible acquired in-process research and development (AIPR&D) costs on the c...

Peer comparison

Common in biotech and pharma companies that frequently acquire smaller firms to bolster their R&D pipelines.

Metric ID: other_effective_income_tax_rate_reconciliation_nondeduct_44267a

Historical Data

2 years
 FY'23FY'24
Value0%373.8%
Range0%373.8%

Frequently Asked Questions

What is Vertex Pharmaceuticals's non-deductible aipr&d?
Vertex Pharmaceuticals (VRTX) reported non-deductible aipr&d of 93.5% in Q4 2024.
What does non-deductible aipr&d mean?
The tax impact of research and development costs from acquisitions that cannot be deducted from taxable income.