Operating Expenses

SG&A

United Therapeutics SG&A decreased by 3.4% to $184.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $170.10M to $184.10M. Over 3 years (FY 2022 to FY 2025), SG&A shows an upward trend with a 16.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$112.80M$109.10M$79.00M$141.50M$98.40M$163.20M$87.30M$130.00M$127.60M$132.20M$144.40M$177.60M$219.20M$168.50M$170.10M$212.50M$182.60M$190.60M$184.10M
QoQ Change-3.3%-27.6%+79.1%-30.5%+65.9%-46.5%+48.9%-1.8%+3.6%+9.2%+23.0%+23.4%-23.1%+0.9%+24.9%-14.1%+4.4%-3.4%
YoY Change+25.4%-9.8%+10.5%-8.1%+29.7%-19.0%+65.4%+36.6%+71.8%+27.5%+17.8%+19.7%-16.7%+13.1%+8.2%
Range$79.00M$219.20M
CAGR+11.5%
Avg YoY Growth+18.1%
Median YoY Growth+17.8%

Frequently Asked Questions

What is United Therapeutics's sg&a?
United Therapeutics (UTHR) reported sg&a of $184.10M in Q1 2026.
How has United Therapeutics's sg&a changed year-over-year?
United Therapeutics's sg&a increased by 8.2% year-over-year, from $170.10M to $184.10M.
What is the long-term trend for United Therapeutics's sg&a?
Over 3 years (2022 to 2025), United Therapeutics's sg&a has grown at a 16.2% compound annual growth rate (CAGR), from $482.10M to $755.80M.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.