United Therapeutics posts record Q2 2025 revenue of $798.6 million, up 12%
United Therapeutics reported record second quarter 2025 total revenue of $798.6 million, up 12 percent from $714.9 million a year earlier, and net income of $309.5 million, up 11 percent. Diluted EPS rose 10 percent to $6.41, and the Board authorized share repurchases of up to $1 billion expiring March 31, 2026.
Key points
- Total revenue $798.6 million vs. $714.9 million in Q2 2024, up 12 percent
- Tyvaso DPI revenue $315.2 million, up 22 percent; Nebulized Tyvaso $154.4 million, up 10 percent
- Net income $309.5 million vs. $278.1 million; diluted EPS $6.41 vs. $5.85
- Share repurchase authorization of up to $1 billion, expiring March 31, 2026; $21.7 million PP&E impairment recorded
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.