earnings
confidence high
sentiment positive
materiality 0.75
United Therapeutics reports record Q1 revenue of $794.4M, up 17% YoY, EPS $6.63
UNITED THERAPEUTICS Corp
2025-Q1 EPS reported
$6.63
revenue$794,400,000
- Total revenues $794.4M (+17% YoY); net income $322.2M (+5%); diluted EPS $6.63 (+7% from $6.17).
- Tyvaso family revenue $466.3M (+25% YoY), with Tyvaso DPI up 33% to $302.5M and nebulized Tyvaso up 13% to $163.8M.
- R&D expense $149.0M (+43% YoY) driven by $30.0M milestone payments for drug delivery device technologies and adjustments to contingent consideration.
- Upcoming catalysts: TETON 2 readout in IPF, UKidney first-in-human study; IND filings planned for UHeart and UThymoKidney.