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United Therapeutics

UTHR

United Therapeutics is a biotechnology company and public benefit corporation dedicated to developing novel pharmaceutical therapies for rare diseases and innovative organ manufacturing technologies.

Market cap
$26.25B+90.4%
Revenue$3.2B+5.9%
Net income$1.3B+6.3%
Free cash flow$1.0B-9.9%
EPS (diluted)$27.08+8.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 5 days)
Revenue estimate$805.0M
EPS estimate$7.06

Financials

Q1 2026

Income statement

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Revenue$781.5M-1.6%
Gross profit$648.1M-7.7%
Operating income$325.8M-14.9%
Net income$274.9M-14.7%
EPS (diluted)$5.82-12.2%

Balance sheet

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Cash & equivalents$1.3B-32.6%
Total equity$5.9B-13.3%
Total assets$6.7B-13.3%

Cash flow

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Operating cash flow$463.3M+0.5%
CapEx$100.8M+34.6%
Free cash flow$362.5M-6.2%

Valuation & ratios

Valuation

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Market cap$26.25B+90.4%
P/E20.4×+9.3×
P/S8.3×+3.8×

Profitability

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Gross margin86.6%-2.4pp
Operating margin45.3%-1.6pp
Net margin40.6%+0.2pp
FCF margin32.1%-5.6pp

Returns & leverage

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Return on equity20.3%+0.3pp
Current ratio4.8×-0.7×

Segments

By product

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Tyvaso DPI$330.3M+9.2%
Orenitram$135.6M+12.3%
Nebulized Tyvaso$127.2M-22.3%
Remodulin$126.6M-8.4%
Unituxin$53.6M-7.9%

Competitors

Profile

United Therapeutics is a biotechnology company and public benefit corporation dedicated to developing novel pharmaceutical therapies for rare diseases and innovative organ manufacturing technologies. The company primarily focuses on treating pulmonary arterial hypertension (PAH) and other chronic lung diseases while engineering an unlimited supply of transplantable organs. Their core value proposition lies in providing life-sustaining treatments for patients with unmet medical needs through drug-device combinations and advanced regenerative medicine.

Competitive position

A leading player in the PAH market with a dominant position in treprostinil-based therapies and a pioneer in the emerging field of xenotransplantation.

GeographiesUnited States, Japan, Europe, Canada
Customer segmentsSpecialty Distributors, Healthcare Providers, Rare Disease Patients
Business modelProduct-based, Research and Development, Licensing
SuppliersContract manufacturers, Active pharmaceutical ingredient suppliers, Medical device component manufacturers, Gene-editing technology providers
CustomersSpecialty pharmaceutical distributors, Hospitals, Specialty pharmacies, End-stage organ failure patients
Listed1999
Employees1.2K
CEOMartine A. Rothblatt
FilingsSEC EDGAR

Questions, answered.

What is United Therapeutics's market cap?
United Therapeutics (UTHR) has a market capitalization of $26.2B and trades on NASDAQ.
What is United Therapeutics's revenue and profitability?
United Therapeutics generated $3.2B in trailing twelve-month revenue with net income of $1.3B, representing a net margin of 40.6%. Gross margin stands at 86.6%, with free cash flow of $1.0B. These figures are based on the Q1 2026 filing.
Who are United Therapeutics's competitors?
United Therapeutics's key competitors include Merck & Co., Inc., Johnson & Johnson, Gossamer Bio, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does United Therapeutics partner with?
United Therapeutics's notable partners include MannKind Corporation, DEKA Research & Development Corp., Eli Lilly and Company, and others.
Where is United Therapeutics headquartered?
United Therapeutics is headquartered in United States of America and employs approximately 1,168 people. It has been publicly traded since 1999.