United Therapeutics (UTHR) Cost of Revenue (2009 - 2026)
United Therapeutics' Cost of Revenue was $99.5 million in Q2 2026, up 13.6% from $87.6 million a year earlier but down 25.4% from the prior quarter.
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Analysis
United Therapeutics (UTHR) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, United Therapeutics' Cost of Revenue was $437.2 million through Jun 30, 2026, up 28.9% year-over-year; for FY2025, it came in at $384.4 million, up 24.1% from FY2024.
- Cost of Revenue has now increased for five consecutive years, with a five-year compound annual growth rate of 28.9% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $309.7 million in FY2024 (+20.3%), $257.5 million in FY2023 (+69.9%), $151.6 million in FY2022 (+23.8%) and $122.5 million in FY2021 (+13.3%).
- Quarterly Cost of Revenue has moved between $25.9 million (Q1 2022) and $133.4 million (Q1 2026) over five years.
- Compared with a year earlier, Cost of Revenue has increased for 16 straight quarters, with growth averaging 22.5% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2023 (growth of 115.8%); the worst was Q2 2022 (a decline of 20.2%).
- Per Business Quant data, UTHR's Cost of Revenue in the three quarters before Q2 2026 was $133.4 million (Q1 2026), $103.4 million (Q4 2025) and $100.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 3.27 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 8.05 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 4.29 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 4.40 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 3.71 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 2.52 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 2.81 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | 1.58 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 4.09 Bn |
| 10 | United Therapeutics | 23.12 Bn | 12.61 Bn | 683.80 Mn | 99.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.50 Mn |
| Mar 31, 2026 | 133.40 Mn |
| Dec 31, 2025 | 103.40 Mn |
| Sep 30, 2025 | 100.90 Mn |
| Jun 30, 2025 | 87.60 Mn |
| Mar 31, 2025 | 92.50 Mn |
| Dec 31, 2024 | 75.90 Mn |
| Sep 30, 2024 | 83.10 Mn |
| Jun 30, 2024 | 77.80 Mn |
| Mar 31, 2024 | 72.90 Mn |
| Dec 31, 2023 | 71.00 Mn |
| Sep 30, 2023 | 70.10 Mn |
| Jun 30, 2023 | 64.10 Mn |
| Mar 31, 2023 | 52.30 Mn |
| Dec 31, 2022 | 58.80 Mn |
| Sep 30, 2022 | 37.20 Mn |
| Jun 30, 2022 | 29.70 Mn |
| Mar 31, 2022 | 25.90 Mn |
| Dec 31, 2021 | 34.60 Mn |
| Sep 30, 2021 | 27.70 Mn |
API Access
United Therapeutics Cost of Revenue 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=cost-of-revenue&ticker=UTHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=UTHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();