What is Vertex Pharmaceuticals's SG&A?

Vertex Pharmaceuticals (VRTX) reported SG&A of $493.7M in Q1 2026.

How has Vertex Pharmaceuticals's SG&A changed year-over-year?

Vertex Pharmaceuticals's SG&A increased by 24.5% year-over-year, from $396.4M to $493.7M.

What is the long-term trend for Vertex Pharmaceuticals's SG&A?

Over 4 years (2021 to 2025), Vertex Pharmaceuticals's SG&A has grown at a 20.2% compound annual growth rate (CAGR), from $840.1M to $1.75B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Vertex Pharmaceuticals VRTX SG&A

SG&A at other companies

Lexicon PharmaceuticalsLXRX

$9.23M-20.5%

Travere Therapeutics, Inc.TVTX

$80.25M+32.8%

Agios PharmaceuticalsAGIO

$48.3M+16.3%

AbbVieABBV

$3.58B+8.7%

Disc MedicineIRON

$23.62M+93.9%

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$126.01B+6.8%

Enterprise value$122.5B+7.0%

P/E29.1×—

P/S10.3×0.0×

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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: Vertex Pharmaceuticals (VRTX) reported SG&A of $493.7M in Q1 2026.
How has Vertex Pharmaceuticals's SG&A changed year-over-year?: Vertex Pharmaceuticals's SG&A increased by 24.5% year-over-year, from $396.4M to $493.7M.
What is the long-term trend for Vertex Pharmaceuticals's SG&A?: Over 4 years (2021 to 2025), Vertex Pharmaceuticals's SG&A has grown at a 20.2% compound annual growth rate (CAGR), from $840.1M to $1.75B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.