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Liquidia Corporation (LQDA)
NASDAQ: LQDA · Real-Time Price · USD
86.82
+2.40 (2.84%)
At close: Jul 28, 2026, 4:00 PM EDT
87.80
+0.98 (1.13%)
After-hours: Jul 28, 2026, 4:35 PM EDT

Liquidia Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
288.07158.321417.4915.9412.85
Revenue Growth
1936.66%1031.18%-19.97%9.75%23.98%1637.76%
Gross Profit
264.49145.088.1214.613.089.83
Operating Income
45.55-51.38-121.29-73.38-38.77-33.8
Net Income
22.31-68.92-128.29-78.5-41.02-34.58
Earnings Per Share
0.14-0.80-1.63-1.21-0.67-0.70
EPS Growth
------

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
222.79190.68176.4883.6893.2857.49
Total Debt
184.82197.93120.2949.5424.4616.08
Net Cash (Debt)
37.96-7.2556.1934.1468.8241.41
Net Cash Growth
71.83%-64.58%-50.39%66.18%-14.03%
Net Cash Per Share
0.41-0.080.710.531.130.83

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
47.98-35.69-93.42-41.56-28.59-34.04
Capital Expenditures
-6.84-4.34-4.95-1.29-0.59-0.11
Free Cash Flow
41.15-40.02-98.37-42.85-29.18-34.14
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
91.82%91.64%58.00%83.49%82.06%76.48%
Operating Margin
15.81%-32.45%-866.63%-419.63%-243.30%-262.95%
Pretax Margin
19.71%-43.53%-916.63%-448.89%-257.39%-269.03%
Profit Margin
18.35%-43.53%-916.63%-448.89%-257.39%-269.03%
FCF Margin
14.28%-25.28%-702.85%-245.05%-183.12%-265.63%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
21.7221.74----
PS Ratio
25.7219.0071.1547.2125.7919.81