Skip to main content
UTHR logo

United Therapeutics Corporation (UTHR) Stock: Price, Forecast & Analyst Target

United Therapeutics Corporation (UTHR) — MoonshotScore 97/100 (Exceptional band), calculated Oct 4, 2026. Price $541.70 (-5.19%), as of the Oct 2, 2026 trading session; market cap $23.0B. Expected results Nov 4, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 8.64× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 4, 2026

$541.70 −$29.68 (-5.19%) Market Cap $23.0B

United Therapeutics Corporation · UTHR · NASDAQ · Healthcare · Biotechnology

Research dated 2026-09-12: United Therapeutics is a profitable commercial drugmaker centered on pulmonary hypertension therapies, with Tyvaso contributing far more revenue than any other product. Tyvaso’s ability to extend into broader lung disease indications while preserving cash generation will determine whether the recent revenue plateau is temporary or a harder limit.

Price as of Oct 2, 2026

Key Statistics

97 of 100

MoonshotScore v2 · United Therapeutics (UTHR)

Exceptional
Business Quality Elite (97)
Financial Safety Fortress (98)
Valuation Full (59)
Growth Durability Compounding (89)
Momentum Rising (72)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality, a fortress balance sheet and elite growth, with no real weak spot — fairly priced, so not a bargain entry; the market is already moving on it. Business Quality: Elite; Financial Safety: Fortress; Valuation: Full; Growth Durability: Compounding; Momentum: Rising.

  • quarterly revenue $783M (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 4 of 8
  • Altman Z 20.24 · Piotroski F 6

Helping: business quality, balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for UTHR (29 recorded, newest six shown)
RecordedScoreBand
96Exceptional
96Exceptional
97Exceptional
97Exceptional
97Exceptional
97Exceptional

The score was 97 in the stored Oct 3, 2026 snapshot and remains 97 in the current publication computed Oct 4, 2026 (0).

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$541.70
Change on the day-5.19%
52-week range$409.07 – $609.35
Market capitalisation$23.0B
Price / earnings (trailing)17.92
Shares traded on the day945.7K
Beta (volatility vs the S&P 500)0.56

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $401, high $588, latest $542. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $588 $401 high $588 Oct 29, 2025 · Earnings results · reported above the recorded estimate · close $4451Feb 25, 2026 · Earnings results · reported above the recorded estimate · close $5042May 6, 2026 · Earnings results · reported below the recorded estimate · close $5653Aug 5, 2026 · Earnings results · reported above the recorded estimate · close $5394Aug 7, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $5395 Sep 5, 2025 Oct 2, 2026 · $542 $401Sep 5, 2025$418Sep 19, 2025$453Oct 3, 2025$433Oct 17, 2025$445Oct 31, 2025$466Nov 14, 2025$486Nov 28, 2025$494Dec 12, 2025$507Dec 26, 2025$483Jan 9, 2026$469Jan 23, 2026$485Feb 6, 2026$473Feb 20, 2026$478Mar 6, 2026$524Mar 20, 2026$565Apr 2, 2026$588Apr 17, 2026$570May 1, 2026$569May 15, 2026$557May 29, 2026$546Jun 12, 2026$543Jun 26, 2026$547Jul 10, 2026$528Jul 24, 2026$539Aug 7, 2026$513Aug 21, 2026$488Sep 4, 2026$495Sep 18, 2026$542Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • I think we're going to have more information to share on launch trajectory or launch ramps as we get to the back half of the year or early 2027.

    Michael Benkowitz · Statement from

  • So just to make sure everybody is clear, when we launch into IPF next year, we're just not launching with the nebulized Tyvaso -- we still have -- have some engagement to do with the FDA to understand exactly what we're going to need to do to get an approval in that indication for both DPI and SMI.

    Michael Benkowitz · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Council Score · weighted blend of 2 available disciplines

Council score for United Therapeutics (UTHR): Strongly Bullish

83/100 · A+

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Moderate
Business Quality Strong
Financial Safety Strong
Valuation Neutral

Legends Council

4 lenses, 4 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Favorable read

Read on: Oct 4, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Strong
Margin of Safety Undervalued
Profit Margin Strong
Revenue Growth Moderate
Debt/Equity Strong
ROE Strong
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the UTHR film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is United Therapeutics (UTHR), and what does it report?

Short answer · as of

United Therapeutics is already a scaled commercial drug business, not a development-stage biotechnology company awaiting an inaugural product. It sells inhaled, infused and oral therapies for pulmonary vascular disease, alongside Unituxin for high-risk neuroblastoma.

Research dated 2026-09-12.

United Therapeutics is already a scaled commercial drug business, not a development-stage biotechnology company awaiting an inaugural product. It sells inhaled, infused and oral therapies for pulmonary vascular disease, alongside Unituxin for high-risk neuroblastoma.

Reported revenue largely measures sales of named medicines rather than licensing milestones or research partnerships. Tyvaso dominates the product mix, while Remodulin, Orenitram, Unituxin and Adcirca provide smaller revenue streams; this concentration makes patient adoption and indication expansion within the Tyvaso franchise especially consequential.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions); Trailing twelve-month ratio set

2 · Latest results

What do the latest results show for United Therapeutics (UTHR)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $783M.

Research dated 2026-09-12.

Revenue edged above the immediately preceding period but remained below the earlier run rate and missed the external estimate. Gross profit, operating profit, net income and diluted earnings rebounded sequentially, while research spending rose and selling and administrative expense declined.

The visible operating mechanism was improved gross profit combined with lower selling and administrative expense, which more than absorbed higher research spending. Management says underlying fundamentals remain strong and expects improved performance later in the year, but the reported revenue series has yet to show that acceleration.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Reported versus estimated, last 8 quarters; Annual revenue and net result (USD millions); Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$783.30M Jun 30, 2026
Latest quarter · R&D
$146.30M Jun 30, 2026
Latest quarter · SG&A
$175.20M Jun 30, 2026
Latest quarter · FMP standardized operating result
$330.80M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$783.30M$146.30M$175.20M$330.80M
Mar 31, 2026$781.50M$138.20M$184.10M$325.80M
Dec 31, 2025$790.20M$139.50M$189.80M$357.50M
Sep 30, 2025$799.50M$127.50M$181.80M$389.30M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$783.30M Aug 5, 2026
Latest report · revenue estimate
$804.65M Aug 5, 2026
Latest report · revenue vs estimate
Below estimate Aug 5, 2026
Latest report · EPS vs estimate
Above estimate Aug 5, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 5, 2026$783.30M$804.65M$7.2700$6.8600
May 6, 2026$781.50M$797.40M$5.8200$7.0000
Feb 25, 2026$790.20M$813.08M$7.7000$7.1300
Oct 29, 2025$799.50M$814.80M$7.1600$6.8900

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$783M$333M$7.27 (diluted)
Q1 FY2026$782M$275M$5.82 (diluted)
Q4 FY2025$790M$364M$7.66 (diluted)
Q3 FY2025$800M$339M$7.16 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for United Therapeutics (UTHR)?

Short answer

Cash and short-term investments were $2.66B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $313.60M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

United Therapeutics carries no debt, holds cash and investments well above total liabilities, and has produced positive operating cash flow throughout the displayed quarterly series. High gross and operating margins give the company unusual capacity to fund research and capital spending internally.

Cash and short-term investments declined across the broader reported window before recovering sharply in the latest periods; long-term investments add another layer to the reserve. Capital spending remains substantial and operating cash flow can vary meaningfully between periods, so the direction of free cash generation matters more than any isolated quarter.

Tyvaso concentration is the sharper business risk. A demand setback, launch delay or regulatory constraint affecting that franchise would strike the product that funds much of the company’s research agenda, while the remaining medicines are not yet large enough to replace it readily.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash decline over the reported window; Operating cash flow by quarter (USD millions); Trailing twelve-month ratio set; Revenue by segment; Annual revenue and net result (USD millions)

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$313.60M Jun 30, 2026
Previous quarter · operating cash flow
$463.30M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$313.60M−$108.00M
Mar 31, 2026$463.30M−$100.80M
Dec 31, 2025$346.20M−$172.90M
Sep 30, 2025$562.10M−$210.50M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at United Therapeutics (UTHR)?

Short answer · as of

The next earnings report is expected on Nov 4, 2026.

Research dated 2026-09-12.

Revenue breaking above its recent plateau without sacrificing earnings resilience would provide the clearest near-term evidence of renewed momentum. The pending consensus expects revenue near the recent run rate and earnings below the latest result, while recent history shows revenue expectations have been harder to clear consistently than earnings expectations.

Tyvaso-specific evidence deserves greater weight than consolidated guidance: launch trajectory, uptake in broader lung disease, and the regulatory path for DPI and SMI formulations. Management says an IPF launch would begin with nebulized Tyvaso and that further FDA engagement is required for the other delivery formats.

Longer-range consensus assumes accelerating revenue and earnings, but the spread between revenue estimates widens materially farther out. Operating cash flow, capital spending and the durability of the recent cash recovery offer practical checks on whether commercial expansion is translating into additional financial capacity.

Sources (as of 2026-09-12): Next earnings report; Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. I think we're going to have more information to share on launch trajectory or launch ramps as we get to the back half of the year or early 2027.

    Michael Benkowitz ·

  2. So just to make sure everybody is clear, when we launch into IPF next year, we're just not launching with the nebulized Tyvaso -- we still have -- have some engagement to do with the FDA to understand exactly what we're going to need to do to get an approval in that indication for both DPI and SMI.

    Michael Benkowitz ·

  3. As we evaluate the current state of the business, we believe the underlying fundamentals are strong, and we believe we are positioned to deliver improved performance in the second half of the year.

    Michael Benkowitz ·

  4. Based on the trends we're seeing today, we expect the second half of 2026 to be stronger than the first half of 2026, and we remain focused on accelerating revenue growth as we move through the balance of the year.

    Michael Benkowitz ·

5 · Peer comparison

How does United Therapeutics compare with its peers?

Short answer

United Therapeutics's score ranks tied for 3rd of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

United Therapeutics has the margins, recurring profit, cash generation and debt-free balance sheet associated with a mature specialty pharmaceutical company. Its product concentration, however, remains closer to a focused biotechnology business: Tyvaso carries far more economic weight than the rest of the portfolio.

That combination changes the comparison. United Therapeutics is not chiefly dependent on outside financing to reach its next clinical or regulatory milestone, yet its growth profile still depends heavily on expanding a particular pulmonary franchise across indications and delivery formats.

Sources (as of 2026-09-12): Business description; Revenue by segment; Annual revenue and net result (USD millions); Trailing twelve-month ratio set; Operating cash flow by quarter (USD millions); Cash, investments and debt

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Incyte Corporation (INCY) Named competitor$115.30 Oct 2, 2026$23.4B98 5-pillar Oct 4, 2026
Exelixis, Inc. (EXEL) Same industry, near in market value$58.39 Oct 2, 2026$14.7B98 5-pillar Oct 4, 2026
United Therapeutics (UTHR) — this page$541.70$23.0B97
Krystal Biotech, Inc. (KRYS) Same industry, near in market value$322.28 Oct 2, 2026$9.54B97 5-pillar Oct 4, 2026
argenx SE (ARGX) Same industry, near in market value$919.21 Oct 2, 2026$57.2B97 5-pillar Oct 4, 2026
Illumina, Inc. (ILMN) Named competitor$273.04 Oct 2, 2026$41.3B94 5-pillar Oct 4, 2026
Bio-Techne Corporation (TECH) Same industry, near in market value$72.40 Oct 2, 2026$11.3B93 5-pillar Oct 4, 2026
Corcept Therapeutics Incorporated (CORT) Same industry, near in market value$116.23 Oct 2, 2026$12.6B91 5-pillar Oct 4, 2026
Neurocrine Biosciences, Inc. (NBIX) Same industry, near in market value$143.18 Oct 2, 2026$14.4B90 5-pillar Oct 4, 2026
Alnylam Pharmaceuticals, Inc. (ALNY) Same industry, near in market value$219.72 Oct 2, 2026$29.4B89 5-pillar Oct 4, 2026
Ascendis Pharma A/S (ASND) Same industry, near in market value$227.87 Oct 2, 2026$14.2B88 5-pillar Oct 4, 2026
Halozyme Therapeutics, Inc. (HALO) Same industry, near in market value$109.86 Oct 2, 2026$13.0B88 5-pillar Oct 4, 2026
Royalty Pharma plc (RPRX) Named competitor$57.16 Oct 2, 2026$25.3B74 5-pillar Oct 4, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Healthcare stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$321.00 – $735.00
Consensus target
$599.80
Median target
$700.00

Consensus record · Captured .

Measured against a quoted price of $541.70 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Oct 1, 2026

Transactions
60
Identified insiders
2
Purchases
0
Sales
55
Other transactions
5

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
98.7% Period end Jun 30, 2026
Previous quarter · ownership
95.4% Prior to period end Jun 30, 2026
Reporting holders
902 Period end Jun 30, 2026
Previous quarter · holders
896 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.5,294,529
Avoro Capital Advisors LLC2,777,777
Vanguard Portfolio Management LLC1,919,429
Vanguard Capital Management LLC1,918,256
State Street Corp1,898,064

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about United Therapeutics (UTHR)?

Read these with our analysis →

What Investors Ask About United Therapeutics (UTHR) — Healthcare

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

Why does Tyvaso matter so much to United Therapeutics?

Tyvaso generates far more revenue than any other medicine in the portfolio and anchors the company’s pulmonary franchise. Its adoption across approved uses and potential expansion into additional lung disease indications therefore have an outsized effect on companywide growth.

Sources (as of 2026-09-12): Revenue by segment; Business description; Management outlook — dated call excerpts

How will nebulized Tyvaso differ from Tyvaso DPI in the IPF launch?

Management says the IPF launch would begin with nebulized Tyvaso. DPI and SMI would require further FDA engagement before those delivery formats could join that indication.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Business description

What roles do Remodulin and Orenitram play beside Tyvaso?

Remodulin delivers treprostinil by infusion, while Orenitram provides an oral formulation for pulmonary arterial hypertension. They broaden delivery choice within the pulmonary franchise and contribute meaningful revenue, though neither approaches Tyvaso’s scale.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why is Unituxin different from United Therapeutics’ pulmonary medicines?

Unituxin is a monoclonal antibody used for high-risk neuroblastoma, making it the commercial portfolio’s oncology outlier. It diversifies disease exposure, but its revenue contribution remains far below Tyvaso’s.

Sources (as of 2026-09-12): Business description; Revenue by segment

What is the UTHR stock price today?

The last price recorded on this page for United Therapeutics Corporation (UTHR) is $541.70, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the UTHR price target?

The analyst consensus price target for United Therapeutics Corporation (UTHR) is $599.80 (range $321.00 to $735.00, median $700.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (83 figures)

The 83 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsMichael Benkowitz (Aug 7, 2026): I think we're going to have more information to share on launch trajectory or launch ramps as we get to the back half of the year or early 2027. Michael Benkowitz (Aug 7, 2026): So just to make sure everybody is clear, when we launch into IPF next year, we're just not launching with the nebulized Tyvaso -- we still have -- have some engagement to do with the FDA to understand exactly what we're going to need to do to get an approval in that indication for both DPI and SMI. Michael Benkowitz (Aug 7, 2026): As we evaluate the current state of the business, we believe the underlying fundamentals are strong, and we believe we are positioned to deliver improved performance in the second half of the year. Michael Benkowitz (Aug 7, 2026): Based on the trends we're seeing today, we expect the second half of 2026 to be stronger than the first half of 2026, and we remain focused on accelerating revenue growth as we move through the balance of the year.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressSilver Spring, MDOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1040 Spring Street, Silver Spring, MD, 20910, US".

FMP — 73 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 4, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$541.70FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T04:54:26.287Z.
px.changeChange on the day-5.19%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$23.0BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-04T04:54:25.336Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$29.68FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$783MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)17.92FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day945.7KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.56FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMartine A. RothblattFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees1,400FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $1.69B, net result $475.80M; FY2022 revenue $1.94B, net result $727.30M; FY2023 revenue $2.33B, net result $984.80M; FY2024 revenue $2.88B, net result $1.20B; FY2025 revenue $3.18B, net result $1.33BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsTyvaso $1.88B · Adcirca $30.00M · Unituxin $226.80M · Orenitram $496.90M · Remodulin $526.80MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)86.1%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$783.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$146.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$175.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$330.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$781.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$138.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$184.10MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$325.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$790.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$139.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$189.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$357.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$799.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$127.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$181.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$389.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-05.revenue_actualRevenue · reported — report date 2026-08-05$783.30MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.revenue_estimatedRevenue · estimate — report date 2026-08-05$804.65MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.eps_actualEPS · reported — report date 2026-08-05$7.2700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-05.eps_estimatedEPS · estimate — report date 2026-08-05$6.8600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_actualRevenue · reported — report date 2026-05-06$781.50MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.revenue_estimatedRevenue · estimate — report date 2026-05-06$797.40MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_actualEPS · reported — report date 2026-05-06$5.8200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-06.eps_estimatedEPS · estimate — report date 2026-05-06$7.0000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-25.revenue_actualRevenue · reported — report date 2026-02-25$790.20MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-25.revenue_estimatedRevenue · estimate — report date 2026-02-25$813.08MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-25.eps_actualEPS · reported — report date 2026-02-25$7.7000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-25.eps_estimatedEPS · estimate — report date 2026-02-25$7.1300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-29.revenue_actualRevenue · reported — report date 2025-10-29$799.50MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-29.revenue_estimatedRevenue · estimate — report date 2025-10-29$814.80MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-29.eps_actualEPS · reported — report date 2025-10-29$7.1600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-10-29.eps_estimatedEPS · estimate — report date 2025-10-29$6.8900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$2.66BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$313.60MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$1.14BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value3.61×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$313.60MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$463.30MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$108.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$100.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$346.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$172.90MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$562.10MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$210.50MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$321.00 – $735.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$599.80FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$700.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP60 transactions · 0 purchases, 55 sales, 5 other transactions · 2 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Oct 1, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership98.7%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership95.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders902FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders896FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot5,294,529FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesAvoro Capital Advisors LLC — shares in provider snapshot2,777,777FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot1,919,429FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Capital Management LLC — shares in provider snapshot1,918,256FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesState Street Corp — shares in provider snapshot1,898,064FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 4 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-04
fin.scoresDistress and quality screensAltman Z 20.24 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-04
px.range5252-week range$409.07 – $609.35UNRECORDEDStored company-profile observation — Captured 2026-10-04

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments8.64×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $2.66B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-05.revenue_actual.comparisonLatest report · revenue vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($783.30M) with the recorded estimate ($804.65M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-05.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($7.2700) with the recorded estimate ($6.8600) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v297 of 100 · Exceptional · pillars 97 / 98 / 59 / 89 / 72OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement97 (stored snapshot Oct 3, 2026) → 97 (current publication computed Oct 4, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-05. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-05.revenue_actual, earn.history.depth.2026-08-05.revenue_estimated, earn.history.depth.2026-08-05.revenue_actual.comparison, earn.history.depth.2026-08-05.eps_actual.comparison, earn.history.depth.2026-08-05.eps_actual, earn.history.depth.2026-08-05.eps_estimated, earn.history.depth.2026-05-06.revenue_actual, earn.history.depth.2026-05-06.revenue_estimated, earn.history.depth.2026-05-06.eps_actual, earn.history.depth.2026-05-06.eps_estimated, earn.history.depth.2026-02-25.revenue_actual, earn.history.depth.2026-02-25.revenue_estimated, earn.history.depth.2026-02-25.eps_actual, earn.history.depth.2026-02-25.eps_estimated, earn.history.depth.2025-10-29.revenue_actual, earn.history.depth.2025-10-29.revenue_estimated, earn.history.depth.2025-10-29.eps_actual, earn.history.depth.2025-10-29.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
United Therapeutics Corporation, a biotechnology firm, is dedicated to discovering, developing, and bringing to market medical solutions for individuals suffering from chronic and severe, often life-threatening, illnesses. Its operations span both the United States and international markets. The company's current commercial portfolio features several key therapeutics: Remodulin, prescribed for pulmonary arterial hypertension (PAH) to lessen symptoms experienced during physical activity. Tyvaso, an inhaled form of the prostacyclin analogue treprostinil, designed to enhance exercise capacity in patients with PAH and pulmonary hypertension linked to interstitial lung disease (PH-ILD). Orenitram, a treprostinil tablet formulation, also aims to boost the exercise capabilities of PAH patients. Unituxin, a monoclonal antibody utilized in the treatment of high-risk neuroblastoma. Adcirca, an oral PDE-5 inhibitor, which helps improve exercise performance in those with PAH. United Therapeutics also maintains a robust development pipeline, including: Tyvaso DPI, a dry powder inhaler version of Tyvaso. The Remunity Pump, a compact, lightweight, and durable infusion system for treprostinil, accompanied by a separate controller. RemoPro and Ralinepag, both investigational treatments for PAH. Aurora-GT, a gene therapy product focused on regenerating blood vessels within the lungs. Clinical trials such as Tyvaso PERFECT and TETON, which are evaluating Tyvaso's efficacy in patients with World Health Organization (WHO) Group 3 pulmonary hypertension associated with chronic obstructive pulmonary disease (PH-COPD). The company has forged strategic alliances and licensing agreements with various entities, such as DEKA Research & Development Corp. for a semi-disposable subcutaneous treprostinil delivery system; MannKind Corporation for the development and licensing of treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. for the development of Ralinepag. Established in 1996, United Therapeutics Corporation is headquartered in Silver Spring, Maryland.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Tyvaso: $1.88B; Adcirca: $30.00M; Unituxin: $226.80M; Orenitram: $496.90M; Remodulin: $526.80M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $7.27 per share, R&D: $146.30M, SG&A: $175.20M, EPS basic: $7.82 per share, EPS basis: diluted, Revenue: $783.30M, EPS diluted: $7.27 per share, Net result: $333.00M, Gross profit: $683.80M, Operating result: $330.80M
  • Quarter ended 2026-03-31 — EPS: $5.82 per share, R&D: $138.20M, SG&A: $184.10M, EPS basic: $6.32 per share, EPS basis: diluted, Revenue: $781.50M, EPS diluted: $5.82 per share, Net result: $274.90M, Gross profit: $648.10M, Operating result: $325.80M
  • Quarter ended 2025-12-31 — EPS: $7.66 per share, R&D: $139.50M, SG&A: $189.80M, EPS basic: $8.36 per share, EPS basis: diluted, Revenue: $790.20M, EPS diluted: $7.66 per share, Net result: $364.30M, Gross profit: $686.80M, Operating result: $357.50M
  • Quarter ended 2025-09-30 — EPS: $7.16 per share, R&D: $127.50M, SG&A: $181.80M, EPS basic: $7.73 per share, EPS basis: diluted, Revenue: $799.50M, EPS diluted: $7.16 per share, Net result: $338.70M, Gross profit: $698.60M, Operating result: $389.30M
  • Quarter ended 2025-06-30 — EPS: $6.41 per share, R&D: $134.00M, SG&A: $190.80M, EPS basic: $6.86 per share, EPS basis: diluted, Revenue: $798.60M, EPS diluted: $6.41 per share, Net result: $309.50M, Gross profit: $711.00M, Operating result: $364.50M
  • Quarter ended 2025-03-31 — EPS: $6.63 per share, R&D: $149.00M, SG&A: $170.10M, EPS basic: $7.18 per share, EPS basis: diluted, Revenue: $794.40M, EPS diluted: $6.63 per share, Net result: $322.20M, Gross profit: $701.90M, Operating result: $382.80M
  • Quarter ended 2024-12-31 — EPS: $6.19 per share, R&D: $133.80M, SG&A: $162.50M, EPS basic: $6.74 per share, EPS basis: diluted, Revenue: $735.90M, EPS diluted: $6.19 per share, Net result: $301.30M, Gross profit: $660.00M, Operating result: $357.70M
  • Quarter ended 2024-09-30 — EPS: $6.39 per share, R&D: $103.50M, SG&A: $219.20M, EPS basic: $6.93 per share, EPS basis: diluted, Revenue: $748.90M, EPS diluted: $6.39 per share, Net result: $309.10M, Gross profit: $665.80M, Operating result: $343.10M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$108.00M, Operating cash flow: $313.60M
  • Quarter ended 2026-03-31 — Capital expenditure: -$100.80M, Operating cash flow: $463.30M
  • Quarter ended 2025-12-31 — Capital expenditure: -$172.90M, Operating cash flow: $346.20M
  • Quarter ended 2025-09-30 — Capital expenditure: -$210.50M, Operating cash flow: $562.10M
  • Quarter ended 2025-06-30 — Capital expenditure: -$62.20M, Operating cash flow: $191.70M
  • Quarter ended 2025-03-31 — Capital expenditure: -$74.90M, Operating cash flow: $461.20M
  • Quarter ended 2024-12-31 — Capital expenditure: -$86.70M, Operating cash flow: $341.20M
  • Quarter ended 2024-09-30 — Capital expenditure: -$76.50M, Operating cash flow: $377.20M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $550.00M, Revenue: $3.18B, Period end: 2025-12-31, Net result: $1.33B
  • FY2024 — R&D: $481.00M, Revenue: $2.88B, Period end: 2024-12-31, Net result: $1.20B
  • FY2023 — R&D: $408.00M, Revenue: $2.33B, Period end: 2023-12-31, Net result: $984.80M
  • FY2022 — R&D: $322.90M, Revenue: $1.94B, Period end: 2022-12-31, Net result: $727.30M
  • FY2021 — R&D: $540.10M, Revenue: $1.69B, Period end: 2021-12-31, Net result: $475.80M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Trailing twelve-month ratio set
Quick ratio: 5.41; Current ratio: 5.73; Net margin: 41.6%; Gross margin: 86.1%; Operating margin: 44.5%; Return on assets: 18.2%; Return on equity: 20.2%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-05 — EPS actual: $7.27 per share, EPS estimated: $6.86 per share, Revenue actual: $783.30M, Revenue estimated: $804.65M
  • Reported 2026-05-06 — EPS actual: $5.82 per share, EPS estimated: $7 per share, Revenue actual: $781.50M, Revenue estimated: $797.40M
  • Reported 2026-02-25 — EPS actual: $7.7 per share, EPS estimated: $7.13 per share, Revenue actual: $790.20M, Revenue estimated: $813.08M
  • Reported 2025-10-29 — EPS actual: $7.16 per share, EPS estimated: $6.89 per share, Revenue actual: $799.50M, Revenue estimated: $814.80M
  • Reported 2025-07-30 — EPS actual: $6.41 per share, EPS estimated: $7.29 per share, Revenue actual: $798.60M, Revenue estimated: $801.87M
  • Reported 2025-04-30 — EPS actual: $6.63 per share, EPS estimated: $6.29 per share, Revenue actual: $794.40M, Revenue estimated: $778.66M
  • Reported 2025-02-26 — EPS actual: $6.19 per share, EPS estimated: $6.4 per share, Revenue actual: $735.90M, Revenue estimated: $734.73M
  • Reported 2024-10-30 — EPS actual: $6.39 per share, EPS estimated: $6.43 per share, Revenue actual: $748.90M, Revenue estimated: $722.62M
2026-08-05FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-08-07 — Quote: I think we're going to have more information to share on launch trajectory or launch ramps as we get to the back half of the year or early 2027., Speaker: Michael Benkowitz
  • Call of 2026-08-07 — Quote: So just to make sure everybody is clear, when we launch into IPF next year, we're just not launching with the nebulized Tyvaso -- we still have -- have some engagement to do with the FDA to understand exactly what we're going to need to do to get an approval in that indication for both DPI and SMI., Speaker: Michael Benkowitz
  • Call of 2026-08-07 — Quote: As we evaluate the current state of the business, we believe the underlying fundamentals are strong, and we believe we are positioned to deliver improved performance in the second half of the year., Speaker: Michael Benkowitz
  • Call of 2026-08-07 — Quote: Based on the trends we're seeing today, we expect the second half of 2026 to be stronger than the first half of 2026, and we remain focused on accelerating revenue growth as we move through the balance of the year., Speaker: Michael Benkowitz

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-07OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash, investments and debt
Total debt: $0; Liquidity basis: cash and short-term investments; Total liabilities: $819.80M; Cash and short-term investments: $2.66B; Cash and investments: $3.80B; Long-term investments: $1.14B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $3.80B; Cash and short-term investments: $2.66B; Long-term investments: $1.14B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $2.66B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $2.15B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $1.56B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $2.77B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $3.05B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $3.32B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $3.27B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $3.33B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $2.66B; Decline: $664.20M; Opening balance: $3.33B; Average change per period: $94.90M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Next earnings report
Date: 2026-11-04; EPS estimate: $6.47 per share; Revenue estimate: $789.51M

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $28.9 per share, Revenue average: $3.44B, Revenue low: $3.16B, Revenue high: $3.64B, Analysts (revenue): 10
  • FY2028 — EPS average: $34.67 per share, Revenue average: $3.94B, Revenue low: $2.82B, Revenue high: $4.69B, Analysts (revenue): 10
  • FY2029 — EPS average: $42.16 per share, Revenue average: $4.73B, Revenue low: $4.14B, Revenue high: $5.20B, Analysts (revenue): 5
  • FY2030 — EPS average: $52.56 per share, Revenue average: $5.79B, Revenue low: $5.07B, Revenue high: $6.37B, Analysts (revenue): 5
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold UTHR

Funds in our ETF coverage that list UTHR among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Invesco S&P MidCap Quality ETF (XMHQ)3.48%
JPMorgan Small & Mid Cap Enhanced Equity ETF (JMEE)0.68%