Current Assets

Prepaid & Other Current

Vertex Pharmaceuticals Prepaid & Other Current decreased by 15.5% to $720.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $642.80M to $720.80M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 22.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$498.76M$457.83M$545.80M$491.50M$549.50M$726.90M$553.50M$468.70M$476.90M$540.20M$623.70M$511.10M$575.40M$449.20M$665.70M$642.80M$652.30M$709.40M$853.30M$720.80M
QoQ Change-8.2%+19.2%-9.9%+11.8%+32.3%-23.9%-15.3%+1.7%+13.3%+15.5%-18.1%+12.6%-21.9%+48.2%-3.4%+1.5%+8.8%+20.3%-15.5%
YoY Change+10.2%+58.8%+1.4%-4.6%-13.2%-25.7%+12.7%+9.0%+20.7%-16.8%+6.7%+25.8%+13.4%+57.9%+28.2%+12.1%
Range$449.20M$853.30M
CAGR+8.1%
Avg YoY Growth+12.3%
Median YoY Growth+11.2%

Frequently Asked Questions

What is Vertex Pharmaceuticals's prepaid & other current?
Vertex Pharmaceuticals (VRTX) reported prepaid & other current of $720.80M in Q1 2026.
How has Vertex Pharmaceuticals's prepaid & other current changed year-over-year?
Vertex Pharmaceuticals's prepaid & other current increased by 12.1% year-over-year, from $642.80M to $720.80M.
What is the long-term trend for Vertex Pharmaceuticals's prepaid & other current?
Over 5 years (2020 to 2025), Vertex Pharmaceuticals's prepaid & other current has grown at a 22.6% compound annual growth rate (CAGR), from $308.30M to $853.30M.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.