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Liquidia Corporation (LQDA)
NASDAQ: LQDA · Real-Time Price · USD
42.65
+2.96 (7.46%)
At close: Oct 23, 2026, 4:00 PM EDT
42.36
-0.29 (-0.68%)
After-hours: Oct 23, 2026, 7:58 PM EDT

Liquidia Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
450.91158.321417.4915.9412.85
Revenue Growth
2233.65%1031.18%-19.97%9.75%23.98%1637.76%
Gross Profit
417.28145.088.1214.613.089.83
Operating Income
168.58-51.38-121.29-73.38-38.77-33.8
Net Income
138.61-68.92-128.29-78.5-41.02-34.58
Earnings Per Share
1.48-0.80-1.63-1.21-0.67-0.70
EPS Growth
------

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
284.18190.68176.4883.6893.2857.49
Total Debt
182.9197.93120.2949.5424.4616.08
Net Cash (Debt)
101.29-7.2556.1934.1468.8241.41
Net Cash Growth
--64.58%-50.39%66.18%-14.03%
Net Cash Per Share
1.08-0.080.710.531.130.83

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
167.71-35.69-93.42-41.56-28.59-34.04
Capital Expenditures
-17.01-4.34-4.95-1.29-0.59-0.11
Free Cash Flow
150.69-40.02-98.37-42.85-29.18-34.14
Free Cash Flow Growth
------

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
92.54%91.64%57.99%83.49%82.06%76.48%
Operating Margin
37.39%-32.45%-866.63%-419.63%-243.30%-262.95%
Pretax Margin
33.16%-43.53%-916.63%-448.89%-257.39%-269.03%
Profit Margin
30.74%-43.54%-916.63%-448.89%-257.39%-269.03%
FCF Margin
33.42%-25.28%-702.85%-245.05%-183.12%-265.63%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
40.3821.74----
PS Ratio
8.4718.9571.1147.0525.7819.69