United Therapeutics UTHR
NASDAQ UTHR
$506.95 +8.98 (+1.80%)
As of: Sep 9, 2026 · 3:59 PM EDT

United Therapeutics (UTHR) Gross Margin (2009 - 2026)

United Therapeutics' (UTHR) quarterly Gross Margin came in at 87.3% in Q2 2026, down 173.0% year-over-year from 119.59% in Q2 2025, and up 5.27% quarter-over-quarter from 82.93% in Q1 2026.

Analysis

United Therapeutics (UTHR) Gross Margin (2009 - 2026) Analysis & Trends

United Therapeutics has disclosed Gross Margin across 18 years of filings, most recently posting 87.3% for Q2 2026.

  • In Q2 2026, Gross Margin fell 173.0% year-over-year to 87.3%; the TTM figure through Jun 2026 stood at 86.14% (down 284.0% YoY), while the FY2025 annual figure was 87.92%, down 131.0% from the prior year.
  • Gross Margin came in at 87.3% for Q2 2026 at United Therapeutics, up from 82.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 94.39% in Q1 2022 to a low of 82.93% in Q1 2026.
  • Average Gross Margin over 5 years is 89.09%, with a median of 88.97% recorded in 2024.
  • Year-over-year, Gross Margin jumped 197 bps in 2022 and slumped 543 bps in 2026.
  • Over 5 years, Gross Margin stood at 88.04% in 2022, then advanced by 0 bps to 88.45% in 2023, then increased by 1 bps to 89.69% in 2024, then retreated by 3 bps to 86.91% in 2025, then grew by 0 bps to 87.3% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 87.3% in Q2 2026, 82.93% in Q1 2026, and 86.91% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 68.19%
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 74.74%
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn 73.54%
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn 78.02%
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn 72.78%
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn 80.05%
7 Revolution Medicines 45.00 Bn 45.00 Bn - -
8 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 93.73%
9 United Therapeutics 20.81 Bn 18.15 Bn 683.80 Mn 87.30%
10 Jazz Pharmaceuticals 16.02 Bn 14.40 Bn 1.09 Bn 90.37%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 87.30%
Mar 31, 2026 82.93%
Dec 31, 2025 86.91%
Sep 30, 2025 87.38%
Jun 30, 2025 89.03%
Mar 31, 2025 88.36%
Dec 31, 2024 89.69%
Sep 30, 2024 88.90%
Jun 30, 2024 89.12%
Mar 31, 2024 89.24%
Dec 31, 2023 88.45%
Sep 30, 2023 88.50%
Jun 30, 2023 89.25%
Mar 31, 2023 89.68%
Dec 31, 2022 88.04%
Sep 30, 2022 92.79%
Jun 30, 2022 93.64%
Mar 31, 2022 94.39%
Dec 31, 2021 91.67%
Sep 30, 2021 93.77%