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Companies / Health Care / Vertex Pharmaceuticals
VRTX

Vertex Pharmaceuticals

Health CarePharmaceutical PreparationsS&P 500
Ticker VRTXBOSTON, MAFiscal year ends DecemberBook value per share $79.19Diluted shares 255.7M

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) is a global biotechnology company that discovers, develops and commercializes medicines for serious diseases, with a focus on specialty markets. Its approved products treat cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia and acute pain.… From the company’s description.

In fiscal 2025, Vertex Pharmaceuticals reported revenue of $12.00B, up 8.9% from fiscal 2024, and net income of $3.95B. Its operating margin was 34.8%, and operations generated $3.63B in cash. Over the twelve months to Jun 30, 2026, revenue was $12.59B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$12.00BFY2025
+8.9% year over year
Last 12 mo $12.59B
34.77%FY2025
+36.9 percentage points
Last 12 mo 37.95%
$3.95BFY2025
+838.1% year over year
Last 12 mo $4.41B
22.91%FY2025
+26.2 percentage points
Last 12 mo 21.76%
Cash & financing
$3.63BFY2025
+837.2% year over year
Last 12 mo $4.29B
$3.19BFY2025
+504.1% year over year
Last 12 mo $3.80B
—
Was 0.01× a year earlier
258.0MFY2025
No change, year over year
Last 12 mo 255.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Vertex Pharmaceuticals does

In the company’s own words

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) is a global biotechnology company that discovers, develops and commercializes medicines for serious diseases, with a focus on specialty markets. Its approved products treat cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia and acute pain. The cystic fibrosis portfolio includes ALYFTREK, TRIKAFTA/KAFTRIO, SYMDEKO/SYMKEVI, ORKAMBI and KALYDECO; CASGEVY is a gene-editing therapy for sickle cell disease and beta thalassemia, and JOURNAVX treats acute pain in adults. Vertex sells medicines mainly through specialty pharmacies and distributors, wholesalers, retail pharmacies, hospitals and authorized treatment centers, with governments and other payors involved in access and reimbursement. It reports as a single business segment. Its clinical pipeline spans kidney diseases, pain, type 1 diabetes and other conditions, including pivotal programs in IgA nephropathy, APOL1-mediated kidney disease, diabetic peripheral neuropathy, type 1 diabetes and primary membranous nephropathy. In 2025, Vertex acquired Alpine Immune Sciences, adding the kidney-disease candidate povetacicept. Its website is https://www.vrtx.com/.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
875320
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.08B$1.92B$5.92B$9.92B$13.92B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Vertex Pharmaceuticals — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.1K
funds hold it
1 of 35
superinvestors hold it
$59.11B
held by funds, at market
49.2%
of shares held by funds

Superinvestors in Vertex Pharmaceuticals · what they did last quarter

Tweedy BrowneDECREASED -0.7%
Tweedy, Browne
1.5%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Vertex Pharmaceuticals’s weight in each

1.55%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.17%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.20%of fund net assets
1.69%of fund net assets
0.96%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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