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Current Assets

Work in process

Vertex Pharmaceuticals Work in process increased by 3.9% to $1.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.0%, from $901.2M to $1.24B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 49.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2015
Last reportedQ1 2026May 5, 2026
Parent metricInventories
Metric ID: inv_work_in_progress

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$182.66M$192.65M$224M$205.8M$236.6M$229.3M$260.7M$341.1M$398.9M$498.3M$525.1M$601.8M$657.6M$750.1M$768.8M$901.2M$1.06B$1.1B$1.2B$1.24B
QoQ Change+5.5%+16.3%-8.1%+15.0%-3.1%+13.7%+30.8%+16.9%+24.9%+5.4%+14.6%+9.3%+14.1%+2.5%+17.2%+18.0%+3.1%+9.2%+3.9%
YoY Change+29.5%+19.0%+16.4%+65.7%+68.6%+117.3%+101.4%+76.4%+64.9%+50.5%+46.4%+49.8%+61.7%+46.1%+55.7%+38.0%
% of Inventories56.8%57.8%63.4%60.7%64.3%59.1%56.6%63.7%66.1%72.4%71.1%74.0%71.9%69.5%63.8%66.3%70.9%67.4%71.0%70.4%
Share Change+1.0pp+5.7pp-2.7pp+3.6pp-5.3pp-2.5pp+7.1pp+2.4pp+6.3pp-1.3pp+2.9pp-2.1pp-2.4pp-5.7pp+2.5pp+4.7pp-3.6pp+3.6pp-0.6pp
Range$182.66M$1.24B
CAGR+49.7%
Avg YoY Growth+56.7%
Median YoY Growth+53.1%
Current Streak14 quarters growth

Frequently Asked Questions

What is Vertex Pharmaceuticals's work in process?
Vertex Pharmaceuticals (VRTX) reported work in process of $1.24B in Q1 2026.
How has Vertex Pharmaceuticals's work in process changed year-over-year?
Vertex Pharmaceuticals's work in process increased by 38.0% year-over-year, from $901.2M to $1.24B.
What is the long-term trend for Vertex Pharmaceuticals's work in process?
Over 5 years (2020 to 2025), Vertex Pharmaceuticals's work in process has grown at a 49.3% compound annual growth rate (CAGR), from $161.32M to $1.2B.