LNTH
LNTH
Lantheus Holdings, Inc.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 | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
DEFINITY | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ | $90.00M ▲ |
License and Royalty Revenues | $10.00M ▲ | $0 ▼ | $10.00M ▲ | $20.00M ▲ |
Other Precision Diagnostics | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
Product | $370.00M ▲ | $370.00M ▲ | $380.00M ▲ | $390.00M ▲ |
PYLARIFY | $260.00M ▲ | $250.00M ▼ | $240.00M ▼ | $240.00M ▲ |
Radiopharmaceutical Oncology | $260.00M ▲ | $250.00M ▼ | $240.00M ▼ | $240.00M ▲ |
Strategic Partnerships And Other | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ |
Techne Lite | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Total Precision Diagnostics | $100.00M ▲ | $120.00M ▲ | $130.00M ▲ | $140.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Lantheus Holdings, Inc.'s financial evolution and strategic trajectory over the past five years.
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.
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.
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.
About Lantheus Holdings, Inc.
https://www.lantheus.comLantheus Holdings, Inc. develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in the diagnosis and treatment of heart, cancer, and other diseases worldwide.
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 | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
DEFINITY | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ | $90.00M ▲ |
License and Royalty Revenues | $10.00M ▲ | $0 ▼ | $10.00M ▲ | $20.00M ▲ |
Other Precision Diagnostics | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
Product | $370.00M ▲ | $370.00M ▲ | $380.00M ▲ | $390.00M ▲ |
PYLARIFY | $260.00M ▲ | $250.00M ▼ | $240.00M ▼ | $240.00M ▲ |
Radiopharmaceutical Oncology | $260.00M ▲ | $250.00M ▼ | $240.00M ▼ | $240.00M ▲ |
Strategic Partnerships And Other | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ |
Techne Lite | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Total Precision Diagnostics | $100.00M ▲ | $120.00M ▲ | $130.00M ▲ | $140.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Lantheus Holdings, Inc.'s financial evolution and strategic trajectory over the past five years.
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.
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.
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.

CEO
Brian A. Markison
Compensation Summary
(Year 2017)
Upcoming Earnings
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Ratings Snapshot
Rating : A+
Most Recent Analyst Grades
Citizens
Market Outperform
Mizuho
Outperform
Jones Trading
Hold
Truist Securities
Buy
Goldman Sachs
Neutral
B. Riley Securities
Buy
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