United Therapeutics' stock soared 5.19% during intraday trading on Wednesday, following the release of its fourth-quarter 2025 financial results.
The company reported quarterly earnings of $7.70 per diluted share, which significantly exceeded analyst estimates. Consensus estimates ranged from $6.67 to $7.24, marking a substantial beat. While quarterly revenue of $790.2 million slightly missed some estimates, it still represented a 7.4% increase compared to the same period last year.
The strong earnings performance was driven by continued robust growth of its key product, Tyvaso. Total Tyvaso revenues for Q4 reached $464.3 million, a 12% year-over-year increase, with the Tyvaso DPI formulation showing particularly strong growth of 24%. The company also highlighted a 66% increase in Adcirca net product sales and announced it had entered into accelerated share repurchase agreements to buy back approximately $1.0 billion of its common stock in August 2025.