Filing Flows › Lantheus Holdings (LNTH) › Q1 2025
Lantheus Holdings (LNTH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Lantheus Holdings (LNTH) reported revenue of $373M for the first quarter 2025 (Q1 2025), +0.8% from a year earlier and -5% from the quarter before. Operating margin was 27.4%, net earnings $72.9M (19.6% of revenue).
Lantheus Holdings, Q1 2025: revenue $373M (+0.8% year over year), operating margin 27.4%, net earnings $72.9M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $373M | -5% | +0.8% |
| Gross profit | $238M | -4% | -2% |
| Operating profit | $102M | -10% | -4% |
| Net earnings | $72.9M | — | -44% |
| Operating cash flow | $108M | -32% | -15% |
| Free cash flow | $98.8M | — | -17% |
What changed
Revenue was $372.8M in Q1 2025, up 1% year over year and down 5% from the previous quarter. PYLARIFY was the largest line at 69% of revenue. License and royalty revenues added $5.2M year over year (up 783%), 186% of the total change. TechneLite declined 9%.
Gross margin was 63.8%, down 1.6 points from a year earlier. Operating profit was $102.1M, a 27.4% margin (down 1.4 points year over year). Operating profit fell $4.6M even though revenue rose $2.8M versus a year earlier, so costs grew faster than sales. Operating expenses grew 0% against revenue growth of 1%. Net earnings were $72.9M, down 44% year over year. The effective tax rate was 24.4%.
Operating cash flow was $107.6M (down 15% year over year), 147% of net earnings. Non-cash charges added back $13.6M of depreciation and amortization and $21.2M of share-based compensation. After capital expenditures ($8.7M), free cash flow as the company reports it was $98.8M.
Questions
What was Lantheus Holdings' revenue in the first quarter 2025?
Lantheus Holdings (LNTH) reported revenue of $373M for the first quarter 2025 (Q1 2025), +0.8% from a year earlier and -5% from the quarter before.
Was Lantheus Holdings profitable in the first quarter 2025?
Operating profit was $102M (27.4% of revenue) and net earnings $72.9M.
Source: Lantheus Holdings 10-Q on SEC EDGAR.