In Q1 FY2026, Vertex reported revenue of $2.99B, up 7.8% YoY, and net income of $1.03B, up 59.6% YoY. Operating income rose 80.6% to $1.14B, and diluted EPS increased 61.4% to $4.02. The company held $5.49B in cash and $19.36B in equity, with no long-term debt.
•Revenue grew 7.8% YoY to $2.99B.
•Net income surged 59.6% to $1.03B.
•Operating income jumped 80.6% to $1.14B.
•Diluted EPS rose 61.4% to $4.02.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Vertex Pharmaceuticals is a biotechnology company globally. The company offers transformative medicines for people with serious diseases with a focus on specialty markets, such as cystic fibrosis (CF), sickle cell disease (SCD), transfusion dependent beta thalassemia (TDT), and acute pain. It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age and older.
Its portfolio also includes ALYFTREK for the treatment for people with CF 6 years of age and older, SYMDEKO/SYMKEVI for treatment of patients with CF 6 years of age and older, ORKAMBI for CF patients 1 year or older, and KALYDECO for the treatment of patients with 1 month or older who have CF with ivacaftor. It also develops CASGEVY for the treatment of SCD and TDT.
Its portfolio also includes JOURNAVX for the treatment of acute pain in adults, VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1/2 clinical trial, inaxaplin for the treatment of APOL1-mediated kidney disease, which is in single Phase 2 trial, VX-264 for treating Type 1 Diabetes, VX-670 for the treatment of myotonic dystrophy type 1, and VX-407, a small molecule corrector for the treatment of autosomal dominant polycystic kidney disease.
The company sells its products primarily to specialty pharmacy and distributors, wholesalers, retail pharmacies, hospitals, and clinics. Founded in 1989, Vertex Pharmaceuticals is headquartered in Boston, Massachusetts.
Vertex Pharmaceuticals is a biotechnology company that develops and markets transformative medicines for serious diseases, with a primary focus on cystic fibrosis (CF). Its marketed CF products include TRIKAFTA/KAFTRIO, ALYFTREK, SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO, which treat patients ranging from 1 month to 6 years and older depending on the drug. The company also markets CASGEVY for sickle cell disease and transfusion-dependent beta thalassemia, and JOURNAVX for acute pain in adults. Additionally, Vertex has a pipeline of investigational therapies, such as VX-522 for CF, inaxaplin for APOL1-mediated kidney disease, VX-264 for Type 1 diabetes, VX-670 for myotonic dystrophy type 1, and VX-407 for autosomal dominant polycystic kidney disease. The company sells its products primarily to specialty pharmacies, distributors, wholesalers, retail pharmacies, hospitals, and clinics.
Where is Vertex Pharmaceuticals listed and in which currency?
Vertex Pharmaceuticals is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol VRTX. Its shares are traded in US dollars (USD), reflecting its primary listing in the United States. The company's stock is part of the healthcare sector and is widely followed by investors interested in biotechnology and specialty pharmaceuticals.
What sector and industry does Vertex Pharmaceuticals operate in?
Vertex Pharmaceuticals operates in the healthcare sector, specifically within the biotechnology industry. As a biotechnology company, it focuses on researching, developing, and commercializing innovative therapies for serious diseases, with a strong emphasis on genetic and rare conditions. Its expertise lies in areas such as cystic fibrosis, sickle cell disease, beta thalassemia, acute pain, and other specialty markets, leveraging advanced scientific approaches to create targeted treatments.
Where is Vertex Pharmaceuticals headquartered and what markets does it serve?
Vertex Pharmaceuticals is headquartered in Boston, Massachusetts, United States. Founded in 1989, the company operates globally, with a primary focus on specialty markets such as cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia, and acute pain. Its products are sold in various countries through specialty pharmacies, distributors, wholesalers, retail pharmacies, hospitals, and clinics, serving patients worldwide.
How does Vertex Pharmaceuticals generate revenue?
Vertex Pharmaceuticals generates revenue primarily by selling its approved medicines to specialty pharmacies, distributors, wholesalers, retail pharmacies, hospitals, and clinics. Its key revenue drivers are its cystic fibrosis portfolio, which includes products like TRIKAFTA/KAFTRIO, ALYFTREK, SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO. Additionally, the company earns revenue from CASGEVY for sickle cell disease and beta thalassemia, and JOURNAVX for acute pain. Vertex also invests in a pipeline of investigational therapies that may contribute future revenue upon approval.