Filing Flows › Lantheus Holdings (LNTH) › Q4 2025
Lantheus Holdings (LNTH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Lantheus Holdings (LNTH) reported revenue of $407M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +6% from the quarter before. Operating margin was 19.0%, net earnings $54.1M (13.3% of revenue).
Lantheus Holdings, Q4 2025: revenue $407M (+4% year over year), operating margin 19.0%, net earnings $54.1M, operating cash flow $90.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $407M | +6% | +4% |
| Gross profit | $241M | +8% | -3% |
| Operating profit | $77.2M | +77% | -32% |
| Net earnings | $54.1M | +95% | — |
| Operating cash flow | $90.2M | -14% | -43% |
| Free cash flow | $81.4M | — | -42% |
What changed
Revenue was $406.8M in Q4 2025, up 4% year over year and up 6% from the previous quarter. PYLARIFY was the largest line at 59% of revenue.
Gross margin was 59.2%, down 4.3 points from a year earlier. Operating profit was $77.2M, a 19.0% margin (down 10.1 points year over year). Operating profit fell $36.7M even though revenue rose $15.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 22% against revenue growth of 4%. Net earnings were $54.1M. The effective tax rate was 23.1%.
Operating cash flow was $90.2M (down 43% year over year), 167% of net earnings. Non-cash charges added back $22.8M of depreciation and amortization and $17.5M of share-based compensation. After capital expenditures ($8.8M), free cash flow as the company reports it was $81.4M.
Questions
What was Lantheus Holdings' revenue in the fourth quarter 2025?
Lantheus Holdings (LNTH) reported revenue of $407M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +6% from the quarter before.
Was Lantheus Holdings profitable in the fourth quarter 2025?
Operating profit was $77.2M (19.0% of revenue) and net earnings $54.1M.
Source: Lantheus Holdings 10-K on SEC EDGAR.