LNTH - Lantheus Holdings,... Stock Analysis | Stock Taper
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Lantheus Holdings, Inc.

LNTH

Lantheus Holdings, Inc. NASDAQ
$74.91 -0.69% (-0.52)

Market Cap $5.09 B
52w High $111.29
52w Low $47.25
P/E 31.08
Volume 1.38M
Outstanding Shares 67.99M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $406.79M $163.69M $54.09M 13.3% $0.82 $75.44M
Q3-2025 $384.01M $178.75M $27.77M 7.23% $0.41 $67.74M
Q2-2025 $378.05M $153.04M $78.75M 20.83% $1.15 $122.67M
Q1-2025 $372.76M $135.63M $72.94M 19.57% $1.06 $114.96M
Q4-2024 $391.11M $134.67M $-11.79M -3.01% $-0.17 $21.55M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $359.12M $2.23B $1.14B $1.09B
Q3-2025 $382.01M $2.28B $1.16B $1.12B
Q2-2025 $695.57M $2.12B $949.29M $1.17B
Q1-2025 $938.53M $2.06B $891.03M $1.16B
Q4-2024 $912.81M $1.98B $892.33M $1.09B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $54.09M $90.18M $-11.51M $-100.79M $-22.89M $81.39M
Q3-2025 $27.77M $105.29M $-319.47M $-99.17M $-313.57M $94.67M
Q2-2025 $78.75M $87.11M $-232.47M $-98.41M $-242.95M $73.73M
Q1-2025 $72.94M $107.56M $-63.72M $-18.22M $25.73M $98.84M
Q4-2024 $-11.79M $155.4M $-6.6M $-101.33M $46.43M $139.03M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
DEFINITY
DEFINITY
$80.00M $80.00M $80.00M $90.00M
License and Royalty Revenues
License and Royalty Revenues
$10.00M $0 $10.00M $20.00M
Other Precision Diagnostics
Other Precision Diagnostics
$10.00M $10.00M $10.00M $10.00M
Product
Product
$370.00M $370.00M $380.00M $390.00M
PYLARIFY
PYLARIFY
$260.00M $250.00M $240.00M $240.00M
Radiopharmaceutical Oncology
Radiopharmaceutical Oncology
$260.00M $250.00M $240.00M $240.00M
Strategic Partnerships And Other
Strategic Partnerships And Other
$10.00M $10.00M $10.00M $20.00M
Techne Lite
Techne Lite
$20.00M $20.00M $20.00M $20.00M
Total Precision Diagnostics
Total Precision Diagnostics
$100.00M $120.00M $130.00M $140.00M

Q4 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Lantheus Holdings, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

The company combines strong profitability, robust cash generation, and a conservative balance sheet with leading positions in specialized diagnostic markets. Its core products are well established, clinically differentiated, and supported by complex manufacturing and regulatory know-how that are difficult to replicate quickly. Healthy liquidity and minimal leverage provide resilience and strategic flexibility, while substantial R&D investment and a broad pipeline demonstrate a forward-looking approach.

! Risks

Key risks include dependence on a limited number of flagship products, which amplifies the impact of competition, pricing pressure, or reimbursement changes. The high proportion of goodwill and intangible assets introduces the possibility of future impairments if acquisitions underperform. Significant recent cash outflows for investments and deals increase the need for successful execution. Clinical, regulatory, and commercial uncertainties around pipeline assets, as well as broader industry and policy shifts in radiopharmaceuticals and diagnostics, add further unpredictability.

Outlook

Based on the available information, Lantheus appears to be a financially solid, innovation-driven healthcare company with entrenched positions in attractive diagnostic niches and an ambitious pipeline that could extend its reach into new disease areas and therapies. The outlook will largely hinge on its ability to maintain leadership in current franchises while successfully bringing new products to market and managing competitive and regulatory pressures. Without multi-year financial trends, it is difficult to gauge the durability of current margins and growth, but the present combination of strong operations and strategic investment suggests a business positioned for continued, albeit not risk-free, development.