Here are the 10-K annual reports from United Therapeutics Corp (UTHR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow UTHR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UTHR filings page.
United Therapeutics is a public benefit corporation focused on treating pulmonary arterial hypertension (PAH), pulmonary hypertension associated with interstitial lung disease (PH-ILD), and other serious diseases while developing manufactured organs and organ alternatives.
The company’s core drugs are treprostinil-based therapies Tyvaso DPI, Nebulized Tyvaso, Remodulin, and Orenitram, plus oncology drug Unituxin and PDE‑5 inhibitor Adcirca. In 2025, combined Tyvaso DPI and Nebulized Tyvaso net product sales were $1,878.2 million, about 59% of total revenue, with Remodulin at $526.8 million, Orenitram at $496.9 million, Unituxin at $226.8 million, and Adcirca at $30.0 million.
Pipeline highlights include positive phase 3 TETON 2 data for Nebulized Tyvaso in idiopathic pulmonary fibrosis (IPF) and the global phase 3 ADVANCE OUTCOMES study of oral prostacyclin agonist ralinepag in PAH. Beyond drugs, the company is advancing xenotransplantation (UKidney and UThymoKidney clinical studies), regenerative programs such as miroliverELAP, and ex vivo lung perfusion services, while investing in low‑emission air transport for organ delivery.