earnings
confidence high
sentiment positive
materiality 0.75
Vertex Q2 revenue $2.96B (+12% YoY); CSO Altshuler to retire Aug 2026; Bunnage to succeed
VERTEX PHARMACEUTICALS INC / MA
2025-Q2 EPS
reported $6.48
vs consensus $4.37
▲ beat
(+48.3%)
- Q2 revenue $2.96B (+12% YoY); GAAP net income $1.0B vs loss $3.6B last yr; non-GAAP net income $1.2B vs loss $3.3B
- Reiterated FY25 revenue guidance $11.85-$12.0B; combined R&D/SG&A guidance unchanged
- CSO David Altshuler to retire Aug 1, 2026; Mark Bunnage becomes CSO effective Feb 1, 2026 as planned transition
- VX-993 Phase 2 acute pain study missed primary endpoint; Vertex not advancing it as monotherapy
- CASGEVY: ~115 patients had first cell collection, 29 infused; JOURNAVX: >110,000 prescriptions filled
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