What is Vertex Pharmaceuticals's income tax?

Vertex Pharmaceuticals (VRTX) reported income tax of $221.5M in Q1 2026.

How has Vertex Pharmaceuticals's income tax changed year-over-year?

Vertex Pharmaceuticals's income tax increased by 163.4% year-over-year, from $84.1M to $221.5M.

What is the long-term trend for Vertex Pharmaceuticals's income tax?

Over 4 years (2021 to 2025), Vertex Pharmaceuticals's income tax has grown at a 15.5% compound annual growth rate (CAGR), from $388.3M to $690M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Vertex Pharmaceuticals VRTX Income Tax

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$342M-8.1%

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$16K+10.3%

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$51K-57.1%

Segments

By segment

See full

Pharmaceuticals$221.5M+163%

Other financials

Income statement

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Revenue$3.0B+7.8%

Gross profit$2.6B+7.8%

Operating income$1.1B+80.6%

Net income$1.0B+59.6%

EPS (diluted)$4.02+61.4%

Balance sheet

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Cash & equivalents$5.5B+17.5%

Total debt$2.0B+20.5%

Total equity$19.4B+17.4%

Total assets$26.5B+15.8%

Cash flow

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Operating cash flow$1.4B+74.4%

CapEx$133.4M+228%

Free cash flow$1.3B+66.4%

Valuation

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Market cap$126.07B+10.7%

Enterprise value$122.55B+11.0%

P/E29.1×—

P/S10.3×+0.3×

Profitability

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Gross margin86.2%+0.2pp

Operating margin38.3%—

Net margin35.5%—

FCF margin30.4%+20.2pp

Returns & leverage

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Return on equity24.2%—

Debt / equity0.1×0.0×

Current ratio3×+0.4×

Where this comes from

Reported directly by Vertex Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Vertex Pharmaceuticals’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vertex Pharmaceuticals's income tax?: Vertex Pharmaceuticals (VRTX) reported income tax of $221.5M in Q1 2026.
How has Vertex Pharmaceuticals's income tax changed year-over-year?: Vertex Pharmaceuticals's income tax increased by 163.4% year-over-year, from $84.1M to $221.5M.
What is the long-term trend for Vertex Pharmaceuticals's income tax?: Over 4 years (2021 to 2025), Vertex Pharmaceuticals's income tax has grown at a 15.5% compound annual growth rate (CAGR), from $388.3M to $690M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.