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Vertex Pharmaceuticals VRTX Other revenues — Product revenues, net

Other product segments

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ALYFTREK
$573.6M+266%
Other CF product revenues
$135.9M-12.5%
CASGEVY
$76.4M
JOURNAVX
$49.6M

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Other financials

Income statement

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Revenue$3.3B+12.5%
Gross profit$2.8B+11.2%
Operating income$1.2B+8.3%
Net income$1.1B+6.5%
EPS (diluted)$4.31+8.0%

Balance sheet

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Cash & equivalents$7.9B+57.6%
Total debt$2.0B+29.5%
Total equity$20.2B+17.9%
Total assets$27.4B+14.1%

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$122.68B+24.1%
Enterprise value$116.81B+22.4%
P/E27.9×
P/S9.8×+1.1×

Profitability

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Gross margin86%-0.1pp
Operating margin38%
Net margin35%
FCF margin30.4%+20.2pp

Returns & leverage

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Return on equity23.5%
Debt / equity0.1×0.0×
Current ratio3.2×+0.7×

Where this comes from

Reported directly by Vertex Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Vertex Pharmaceuticals’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000875320-26-000173
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues:
Product revenues, net$2,986.9$2,760.2
Other revenues10.0
Total revenues2,986.92,770.2
Costs and expenses:
Cost of sales392.8363.0
Research and development expenses961.6979.7
Acquired in-process research and development expenses0.519.8

Item 1. Financial Statements (unaudited)

FAQ

What is Vertex Pharmaceuticals's other revenues — product revenues, net?
Vertex Pharmaceuticals (VRTX) reported other revenues — product revenues, net of $0 in Q1 2026.
How has Vertex Pharmaceuticals's other revenues — product revenues, net changed year-over-year?
Vertex Pharmaceuticals's other revenues — product revenues, net decreased by 100.0% year-over-year, from $10M to $0.
What is the long-term trend for Vertex Pharmaceuticals's other revenues — product revenues, net?
Over 4 years (2021 to 2025), Vertex Pharmaceuticals's other revenues — product revenues, net has grown at a 135.4% compound annual growth rate (CAGR), from $1M to $30.7M.
What does other revenues — product revenues, net mean?
This metric represents net product sales generated from secondary or emerging business segments outside of the company's primary therapeutic franchises. It captures revenue streams from specialized products, collaborative ventures, or early-stage commercial assets that do not fall under the core cystic fibrosis portfolio. This figure reflects the company's ability to diversify its commercial footprint beyond its established market-leading therapies.

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