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Business Segments · Research expenses

Business Segments — Research expenses

Vertex Pharmaceuticals Business Segments — Research expenses increased by 1.2% to $205M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $206.1M to $205M. Over 3 years (FY 2022 to FY 2025), Business Segments — Research expenses shows an upward trend with a 9.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests a commitment to long-term innovation, though it may temporarily reduce current profitability.

Detailed definition

Costs incurred for early-stage discovery and basic research activities aimed at identifying new drug candidates. These i...

Peer comparison

Commonly reported as 'Research and Development' (R&D) expenses in the industry.

Metric ID: vrtx_segment_pharmaceuticals_research_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$156.68M$156.68M$156.68M$156.68M$176.4M$176.4M$176.4M$176.4M$196.1M$207.3M$193.8M$207.3M$206.1M$209.3M$210M$202.5M$205M
QoQ Change+0.0%+0.0%+0.0%+12.6%+0.0%+0.0%+0.0%+11.2%+5.7%-6.5%+7.0%-0.6%+1.6%+0.3%-3.6%+1.2%
YoY Change+12.6%+12.6%+12.6%+12.6%+11.2%+17.5%+9.9%+17.5%+5.1%+1.0%+8.4%-2.3%-0.5%
Range$156.68M$210M
CAGR+7.0%
Avg YoY Growth+9.1%
Median YoY Growth+11.2%

Frequently Asked Questions

What is Vertex Pharmaceuticals's business segments — research expenses?
Vertex Pharmaceuticals (VRTX) reported business segments — research expenses of $205M in Q1 2026.
How has Vertex Pharmaceuticals's business segments — research expenses changed year-over-year?
Vertex Pharmaceuticals's business segments — research expenses decreased by 0.5% year-over-year, from $206.1M to $205M.
What is the long-term trend for Vertex Pharmaceuticals's business segments — research expenses?
Over 3 years (2022 to 2025), Vertex Pharmaceuticals's business segments — research expenses has grown at a 9.7% compound annual growth rate (CAGR), from $626.7M to $827.9M.
What does business segments — research expenses mean?
Spending on early-stage scientific research to discover new potential medicines.