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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 is a global biotechnology company focused on discovering, developing, and commercializing transformative medicines for people with serious diseases, with particular emphasis on specialty markets. The company's website is www.vrtx.com. From the company’s description.

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 is a global biotechnology company focused on discovering, developing, and commercializing transformative medicines for people with serious diseases, with particular emphasis on specialty markets. The company's website is www.vrtx.com.

Vertex operates across multiple therapeutic areas with an established portfolio of approved medicines and an extensive clinical pipeline. In cystic fibrosis, the company markets five CFTR modulators including ALYFTREK, TRIKAFTA/KAFTRIO, SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO, which are used by approximately three-quarters of CF patients in major markets. For hemoglobinopathies, Vertex offers CASGEVY, an ex-vivo CRISPR/Cas9-based gene-editing therapy approved for severe sickle cell disease and transfusion-dependent beta thalassemia. The company also markets JOURNAVX, a first-in-class oral pain signal inhibitor approved in 2025 for moderate-to-severe acute pain in adults.

The company's mid- and late-stage clinical pipeline includes five pivotal programs spanning multiple disease areas. Povetacicept, a dual BAFF and APRIL inhibitor, is in Phase 3 development for IgA nephropathy and primary membranous nephropathy, with regulatory submissions underway. Inaxaplin, a small molecule APOL1 inhibitor, is in Phase 2/3 development for APOL1-mediated kidney disease. Suzetrigine, a selective NaV1.8 pain signal inhibitor, is being evaluated in two Phase 3 trials for diabetic peripheral neuropathy. Zimislecel, an allogeneic stem cell-derived islet cell therapy, completed enrollment in Phase 1/2/3 trials for type 1 diabetes. Additionally, VX-670, an oligonucleotide therapeutic, is in Phase 1/2 development for myotonic dystrophy type 1.

Vertex's strategy emphasizes serial innovation, combining internal research with strategic acquisitions and collaborations. Notable acquisitions include Alpine Immune Sciences for povetacicept development and Semma Therapeutics for the T1D program. The company collaborates with CRISPR Therapeutics on gene-editing therapies, Moderna on mRNA therapeutics for cystic fibrosis, and Entrada Therapeutics on intracellular delivery technologies. Vertex maintains a strong intellectual property portfolio with multiple issued patents protecting its marketed products and pipeline candidates across major markets globally.

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

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