Vertex Q2 FY26 GAAP net income rises 6% to $1.1 billion; revenue increases 12% to $3.33 billion
Reuters2026/08/03 20:03- Vertex Q2 2026 revenue rose 12% to $3.33 billion from a year earlier; GAAP net income climbed to $1.1 billion.
- GAAP R&D expenses increased to $993.8 million; SG&A expenses rose to $582.2 million.
- CASGEVY revenue more than doubled year over year to $76 million; JOURNAVX revenue more than doubled to $50 million.
- Cash, cash equivalents and total marketable securities grew to $13.6 billion as of June 30, 2026.
- Raised 2026 revenue outlook to $13.1 billion-$13.2 billion; expects $500 million or more from non-CF products CASGEVY and JOURNAVX.
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