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United Therapeutics UTHR UHeart, UKidney, and UThymoKidney — Milestone payment to be made

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INSMPayment Of Milestone
$15M
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INSMPayment Of Milestone
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Other financials

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 debt$12.2M
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

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Market cap$23B+84.1%
P/E17.9×+7.8×
P/S7.3×+3.2×

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
Debt / equity
Current ratio4.8×-0.7×

Where this comes from

Reported directly by United Therapeutics in its filing.

Tagged under the XBRL concept uthr:MilestonePaymentToBeMadeUponCommercialLaunchOfProduct.

The official record: United Therapeutics’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is United Therapeutics's uheart, ukidney, and uthymokidney — milestone payment to be made?
United Therapeutics (UTHR) reported uheart, ukidney, and uthymokidney — milestone payment to be made of $6.25M in Q4 2025.
How has United Therapeutics's uheart, ukidney, and uthymokidney — milestone payment to be made changed year-over-year?
United Therapeutics's uheart, ukidney, and uthymokidney — milestone payment to be made decreased by 0.0% year-over-year, from $6.25M to $6.25M.
What does uheart, ukidney, and uthymokidney — milestone payment to be made mean?
This represents the total outstanding contractual obligations for future milestone payments related to the development or commercialization of the UHeart, UKidney, and UThymoKidney programs. These payments are typically triggered by the achievement of specific regulatory, clinical, or commercial milestones defined in licensing or collaboration agreements. It serves as a measure of future capital commitments required to maintain rights to these specific organ-related therapeutic assets.