Dysfunctional bone morphogenetic protein receptor 2 (BMPR2) signalling is implicated in pulmonary arterial hypertension (PAH). This study identified tacrolimus as an inhibitor of BMPR2 signalling, which bound FK-binding protein 12 (a repressor of BMP signalling) and also inhibited calcineurin. In pulmonary arterial cells from patients with idiopathic PAH, low doses (non-immunosupressive) of tacrolimus reversed dysfunctional BMPR2 signalling. The drug also reversed disease in a mouse model of PAH and in a rat model of progressive severe disease, suggesting that low-dose tacrolimus — which is used to prevent transplant rejection — could be useful in the treatment of PAH.