Vertex Pharmaceuticals Incorporated (VRTX)
NASDAQ: VRTX · Real-Time Price · USD
547.03
-0.86 (-0.16%)
At close: Nov 11, 2026, 4:00 PM EST
542.94
-4.09 (-0.75%)
After-hours: Nov 11, 2026, 7:51 PM EST
Vertex Pharmaceuticals Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,976 | 3,953 | -535.6 | 3,620 | 3,322 | 2,342 |
Depreciation & Amortization | 206.1 | 178.6 | 182 | 169.5 | 148.3 | 125.6 |
Other Amortization | 31.2 | 31.2 | 25.2 | 11.8 | - | - |
Asset Writedown & Restructuring Costs | - | 379 | - | - | - | - |
Loss (Gain) From Sale of Investments | - | - | - | - | 149.1 | -17.1 |
Stock-Based Compensation | 668.6 | 685.9 | 698.5 | 581.2 | 491.3 | 441.4 |
Other Operating Activities | -228.6 | -397.4 | -347.9 | -579.1 | -321.6 | -143.3 |
Change in Accounts Receivable | -373.6 | -347.3 | -99.3 | -84.1 | -358.6 | -274.7 |
Change in Inventory | -237 | -524.2 | -517.3 | -322.9 | -136.4 | -92.8 |
Change in Accounts Payable | 48.1 | 36.8 | 49.5 | 48.7 | 120.8 | 31.9 |
Change in Other Net Operating Assets | -396.1 | -364.4 | 52.3 | 92.6 | 715 | 230.4 |
Operating Cash Flow | 3,695 | 3,631 | -492.6 | 3,537 | 4,130 | 2,644 |
Operating Cash Flow Growth | -0.63% | - | - | -14.35% | 56.23% | -18.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -492.3 | -437.6 | -297.7 | -200.4 | -204.7 | -235 |
Cash Acquisitions | -9,063 | - | - | - | -295.9 | - |
Sale (Purchase) of Intangibles | - | - | -187.7 | -58 | - | - |
Investment in Securities | 2,631 | -483.1 | -3,231 | -2,852 | 227.3 | -105.9 |
Other Investing Activities | 57.8 | -24.7 | -54 | -31 | -47.8 | - |
Investing Cash Flow | -6,866 | -945.4 | -3,770 | -3,142 | -321.1 | -340.9 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | - | - | 28.3 |
Total Debt Issued | 4,497 | - | - | - | - | 28.3 |
Long-Term Debt Repaid | - | -5.4 | -33.6 | -44.9 | -85.5 | -47 |
Total Debt Repaid | -5.4 | -5.4 | -33.6 | -44.9 | -85.5 | -47 |
Net Debt Issued (Repaid) | 4,491 | -5.4 | -33.6 | -44.9 | -85.5 | -18.7 |
Issuance of Common Stock | 151.6 | 127.7 | 114.6 | 134.6 | 186.3 | 102 |
Repurchase of Common Stock | -1,376 | -2,387 | -1,582 | -653.7 | -172 | -1,561 |
Other Financing Activities | -12.7 | 3.7 | 6.2 | 1.8 | 3.5 | - |
Financing Cash Flow | 3,254 | -2,261 | -1,495 | -562.2 | -67.7 | -1,478 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -41.6 | 90.9 | -42.6 | 26.9 | -29.2 | -13.4 |
Net Cash Flow | 40.8 | 515.6 | -5,800 | -139.7 | 3,712 | 811.2 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,202 | 3,194 | -790.3 | 3,337 | 3,925 | 2,409 |
Free Cash Flow Growth | -4.04% | - | - | -14.99% | 62.97% | -19.55% |
Free Cash Flow Margin | 24.73% | 26.61% | -7.17% | 33.81% | 43.95% | 31.80% |
Free Cash Flow Per Share | 12.53 | 12.38 | -3.06 | 12.81 | 15.15 | 9.27 |
Levered Free Cash Flow | 2,338 | 2,573 | 2,800 | 3,510 | 3,307 | 2,402 |
Unlevered Free Cash Flow | 2,366 | 2,581 | 2,819 | 3,538 | 3,342 | 2,441 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 12.2 | 12.4 | 30.5 | 43.1 | 52.3 | 56.3 |
Cash Income Tax Paid | 1,193 | 1,567 | 1,082 | 1,677 | 1,058 | 476.3 |
Change in Working Capital | -958.6 | -1,199 | -514.8 | -265.7 | 340.8 | -105.2 |