United Therapeutics (UTHR) Cash from Operations (2009 - 2026)
United Therapeutics (UTHR) reported Cash from Operations of $313.6 million for Q2 2026, up 63.6% from $191.7 million a year earlier but down 32.3% from the prior quarter.
United Therapeutics (UTHR) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, United Therapeutics' Cash from Operations came in at $1.69 billion, up 22.9% year-over-year; for FY2025, it was $1.56 billion, up 17.6% from FY2024.
- Cash from Operations has increased for four consecutive years, with a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- By year, Cash from Operations came in at $1.33 billion in FY2024 (+35.7%), $978 million in FY2023 (+21.9%), $802.5 million in FY2022 (+34.2%) and $598.2 million in FY2021 (-20.8%).
- Five-year quarterly Cash from Operations spans a low of $106.3 million in Q2 2023 and a high of $562.1 million in Q3 2025.
- Year over year, Cash from Operations has now increased in each of the last four quarters, with growth averaging 31.9% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q1 2022 (growth of 221.5%); the low point was Q4 2022 (a decline of 26.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $463.3 million (Q1 2026), $346.2 million (Q4 2025) and $562.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 11.40 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 7.72 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 7.61 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 6.56 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 4.67 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 4.24 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 5.04 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 5.38 Bn |
| 10 | United Therapeutics | 24.95 Bn | 15.14 Bn | 733.40 Mn | 306.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 306.50 Mn |
| 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 |
United Therapeutics Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=UTHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "UTHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=UTHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();