United Therapeutics (UTHR) Cash from Operations (2009 - 2026)
United Therapeutics' (UTHR) quarterly Cash from Operations came in at $313.6 million in Q2 2026, up 63.59% year-over-year from $191.7 million in Q2 2025, and down 32.31% quarter-over-quarter from $463.3 million in Q1 2026.
Analysis
United Therapeutics (UTHR) Cash from Operations (2009 - 2026) Analysis & Trends
United Therapeutics has disclosed Cash from Operations across 18 years of filings, most recently posting $313.6 million for Q2 2026.
- In Q2 2026, Cash from Operations rose 63.59% year-over-year to $313.6 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 22.89% YoY), while the FY2025 annual figure was $1.6 billion, up 17.64% from the prior year.
- Cash from Operations came in at $313.6 million for Q2 2026 at United Therapeutics, down from $463.3 million in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $562.1 million in Q3 2025 to a low of $106.3 million in Q2 2023.
- Average Cash from Operations over 5 years is $302.5 million, with a median of $327.4 million recorded in 2024.
- The largest YoY upside for Cash from Operations was 221.49% in 2022 against a maximum downside of 26.58% in 2022.
- Over 5 years, Cash from Operations stood at $128.2 million in 2022, then rose by 17.55% to $150.7 million in 2023, then soared by 126.41% to $341.2 million in 2024, then advanced by 1.47% to $346.2 million in 2025, then decreased by 9.42% to $313.6 million in 2026.
- Per Business Quant data, the three most recent Cash from Operations figures were $313.6 million in Q2 2026, $463.3 million in Q1 2026, and $346.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 8.62 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 3.44 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 5.37 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | 5.88 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 835.00 Mn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | 3.44 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | -387.32 Mn |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 507.66 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 313.60 Mn |
| 10 | Neurocrine Biosciences | 15.65 Bn | 15.26 Bn | 935.80 Mn | 136.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 313.60 Mn |
| Mar 31, 2026 | 463.30 Mn |
| Dec 31, 2025 | 346.20 Mn |
| Sep 30, 2025 | 562.10 Mn |
| Jun 30, 2025 | 191.70 Mn |
| Mar 31, 2025 | 461.20 Mn |
| Dec 31, 2024 | 341.20 Mn |
| Sep 30, 2024 | 377.20 Mn |
| Jun 30, 2024 | 232.20 Mn |
| Mar 31, 2024 | 376.50 Mn |
| Dec 31, 2023 | 150.70 Mn |
| Sep 30, 2023 | 346.20 Mn |
| Jun 30, 2023 | 106.30 Mn |
| Mar 31, 2023 | 374.80 Mn |
| Dec 31, 2022 | 128.20 Mn |
| Sep 30, 2022 | 258.60 Mn |
| Jun 30, 2022 | 127.00 Mn |
| Mar 31, 2022 | 288.70 Mn |
| Dec 31, 2021 | 174.60 Mn |
| Sep 30, 2021 | 185.60 Mn |