Vertex Pharmaceuticals Incorporated VRTX

526.19 3.81 0.73% as of 25 Sep
Market cap
$132.3B
P/E
30.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Vertex Pharmaceuticals Incorporated (VRTX) Gross margin

Vertex Pharmaceuticals Incorporated's gross margin over the twelve months to 30 June 2026 was 86.0%, down 0.2 percentage points from fiscal 2025 (86.2%). Over the past ten years it has ranged from 86.1% (fiscal 2024) to 89.0% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Biotechnology industry median of 65.2% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 86.2% 0.13
FY2024 86.1% (1.10)
FY2023 87.2% (0.69)
FY2022 87.9% (0.16)
FY2021 88.1% (0.08)
FY2020 88.1% 1.30
FY2019 86.8% 0.28
FY2018 86.6% (2.39)
FY2017 89.0% 1.31
FY2016 87.6% (0.30)

Quarterly

Period Gross margin Change (points)
Jun 2026 85.3% (1.52)
Mar 2026 86.9% 1.46
Dec 2025 85.4% (1.13)
Sep 2025 86.5% 0.27
42 more quarters

Against its own ten years

Low 86.1% High 89.0%
Ten-year median 87.6%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
RPRX Royalty Pharma PLC compare 100.0%
ARGX argenex SE compare 90.2%
ONC BeOne Medicines Ltd. - Sponsored ADR compare 88.9%
VRTX Vertex Pharmaceuticals Incorporated 86.0%
REGN Regeneron Pharmaceuticals, Inc. compare 84.9%
INSM Insmed, Inc. compare 83.5%
ALNY Alnylam Pharmaceuticals, Inc. compare 79.7%
RVMD Revolution Medicines, Inc. compare 35.1%
MRNA Moderna, Inc. compare 23.4%
Biotechnology industry median 65.2%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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