Filing Flows › Lantheus Holdings (LNTH) › Q3 2025
Lantheus Holdings (LNTH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Lantheus Holdings (LNTH) reported revenue of $384M for the third quarter 2025 (Q3 2025), +1% from a year earlier and +2% from the quarter before. Operating margin was 11.4%, net earnings $27.8M (7.2% of revenue).
Lantheus Holdings, Q3 2025: revenue $384M (+1% year over year), operating margin 11.4%, net earnings $27.8M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $384M | +2% | +1% |
| Gross profit | $222M | -8% | -8% |
| Operating profit | $43.6M | -50% | -67% |
| Net earnings | $27.8M | -65% | -79% |
| Operating cash flow | $105M | +21% | -40% |
| Free cash flow | $94.7M | — | -41% |
What changed
Revenue was $384.0M in Q3 2025, up 1% year over year and up 2% from the previous quarter. PYLARIFY was the largest line at 63% of revenue. Definity added $4.8M year over year (up 6%), 91% of the total change. Strategic Partnerships and Other declined 10%.
Gross margin was 57.9%, down 6.0 points from a year earlier. Operating profit was $43.6M, a 11.4% margin (down 24.0 points year over year). Operating profit fell $90.1M even though revenue rose $5.3M versus a year earlier, so costs grew faster than sales. Operating expenses grew 65% against revenue growth of 1%. The fastest-growing cost line was General & admin (+102%). Net earnings were $27.8M, down 79% year over year. The effective tax rate was 34.5%.
Operating cash flow was $105.3M (down 40% year over year), 379% of net earnings. Non-cash charges added back $20.4M of depreciation and amortization and $24.5M of share-based compensation. Working capital and other items added $32.6M. After capital expenditures ($10.6M), free cash flow as the company reports it was $94.7M.
Questions
What was Lantheus Holdings' revenue in the third quarter 2025?
Lantheus Holdings (LNTH) reported revenue of $384M for the third quarter 2025 (Q3 2025), +1% from a year earlier and +2% from the quarter before.
Was Lantheus Holdings profitable in the third quarter 2025?
Operating profit was $43.6M (11.4% of revenue) and net earnings $27.8M.
Source: Lantheus Holdings 10-Q on SEC EDGAR.