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United Therapeutics shares outstanding UTHR

Diluted shares outstanding, averaged over each quarter, from 2009.

Latest quarter, to Jun 30, 2026
45.8M
On a year earlier
−5.2%
fewer shares

United Therapeutics had 45.8M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 5.2% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202547.3M−2%
FY202448.5M−3%
FY202350M+1%
FY202249.4M+3%
FY202147.9M+6%
FY202045.2M+3%
FY201943.8M−0%
FY201844M+0%
FY201744M−3%
FY201645.3M−9%
FY201549.8M−7%
FY201453.5M+6%
FY201350.3M−3%
FY201251.6M+0%
FY201151.5M−13%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2645.8M−5%
Q1 FY2647.2M−3%
Q4 FY2547.3M−2%
Q3 FY2547.3M−2%
Q2 FY2548.3M+2%
Q1 FY2548.6M−2%
Q4 FY2448.5M−3%
Q3 FY2448.4M−3%
Q2 FY2447.5M−4%
Q1 FY2449.7M+0%
Q4 FY2350M+1%
Q3 FY2349.7M+2%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on United Therapeutics

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.