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

United Therapeutics' (UTHR) quarterly Gross Margin came in at 82.93% in Q1 2026, down 543.0% year-on-year from 18.72% in Q1 2025, and down 4.58% quarter-over-quarter from 86.91% in Q4 2025.

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

United Therapeutics has disclosed Gross Margin across 18 years of filings, most recently posting 82.93% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 82.93%, down 543.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 86.58% (down 242.0% YoY), and the FY2025 annual result was 87.92%, down 131.0% from the prior year.
  • Gross Margin came in at 82.93% for Q1 2026 at United Therapeutics, down from 86.91% 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.
  • The 5-year median for Gross Margin is 89.03% (2025), against an average of 89.19%.
  • Across the five-year window, Gross Margin soared 197 bps in 2022 and tumbled 543 bps in 2026, its largest moves.
  • United Therapeutics' 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 retreated by 5 bps to 82.93% in 2026.
  • The last three Gross Margin figures came in at 82.93% (Q1 2026), 86.91% (Q4 2025), and 87.38% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 91.66%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 91.67%