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United Therapeutics (UTHR) gross margin by quarter

United Therapeutics' gross margin was 88.1% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026. Over the last 7 quarters it ranged from 82.9% (Q1 2026) to 89.0% (Q2 2025).

United Therapeutics gross margin by quarterUnited Therapeutics gross margin by quarter88.4%Q1 202589.0%Q2 202587.4%Q3 202586.9%Q4 202582.9%Q1 202687.3%Q2 202688.1%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202688.1%+0.8 pts+0.7 pts
Q2 202687.3%+4.4 pts-1.7 pts
Q1 202682.9%-4.0 pts-5.4 pts
Q4 202586.9%-0.5 pts—
Q3 202587.4%-1.7 pts—
Q2 202589.0%+0.7 pts—
Q1 202588.4%——

Q3 2026 at a glance

United Therapeutics, Q3 2026: revenue $832M (+4% year over year), operating margin 37.0%, net earnings $259M, operating cash flow $306M. The chart follows the revenue to costs, profit and cash.

Questions

What is United Therapeutics' gross margin?

United Therapeutics' gross margin was 88.1% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026.

How has United Therapeutics' gross margin changed?

Over the last 7 quarters it ranged from 82.9% (Q1 2026) to 89.0% (Q2 2025).

Q3 2026 results → · How United Therapeutics makes money →