Liquidia Corporation (LQDA)

Liquidia Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	284.18	190.68	176.48	83.68	93.28	57.49
Cash & Short-Term Investments	284.18	190.68	176.48	83.68	93.28	57.49
Cash Growth	63.87%	8.05%	110.90%	-10.30%	62.25%	-11.98%
Accounts Receivable	108.58	54.09	2.72	4.06	5.02	2.99
Receivables	108.58	54.09	2.72	4.06	5.02	2.99
Inventory	36.18	23.8	0.24	-	-	-
Prepaid Expenses	8.77	4.83	5.67	2.16	1.51	0.79
Total Current Assets	437.71	273.4	185.11	89.9	99.81	61.28
Property, Plant & Equipment	38.62	15.79	12.49	6.18	6.25	7.43
Goodwill	3.9	3.9	3.9	3.9	3.9	3.9
Other Intangible Assets	2.85	2.95	3.16	3.43	3.73	4.39
Long-Term Deferred Charges	6.57	6.82	7.29	7.92	8.6	10.14
Other Long-Term Assets	31.36	25.07	18.38	6.99	6.9	6.59
Total Assets	521.92	327.93	230.31	118.33	129.2	93.73

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	12.75	3.68	4.69	1.4	2.2	1.07
Accrued Expenses	113.93	73.2	18.66	13.4	5.52	5.17
Current Portion of Long-Term Debt	53.95	58.41	18.02	2.62	-	-
Current Portion of Leases	0.9	0.49	0.42	1.14	1.08	1.09
Total Current Liabilities	189.3	135.77	41.78	18.55	8.8	7.33
Long-Term Debt	122.15	132.94	95.27	43.42	19.88	10.41
Long-Term Leases	5.89	6.1	6.59	2.36	3.5	4.58
Other Long-Term Liabilities	9.46	8.38	7.3	6.71	6.59	6.14
Total Liabilities	326.8	283.19	150.94	71.04	38.78	28.46

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.09	0.09	0.09	0.07	0.06	0.05
Additional Paid-In Capital	693.75	670.97	636.68	476.32	440.95	374.79
Retained Earnings	-498.73	-626.31	-557.39	-429.1	-350.6	-309.58
Total Common Equity	195.11	44.75	79.38	47.29	90.42	65.27
Shareholders' Equity	195.11	44.75	79.38	47.29	90.42	65.27
Total Liabilities & Equity	521.92	327.93	230.31	118.33	129.2	93.73

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	182.9	197.93	120.29	49.54	24.46	16.08
Net Cash (Debt)	101.29	-7.25	56.19	34.14	68.82	41.41
Net Cash Growth	-	-	64.58%	-50.39%	66.18%	-14.03%
Net Cash Per Share	1.08	-0.08	0.71	0.53	1.13	0.83
Filing Date Shares Outstanding	89.51	88.11	85.3	76.03	64.69	52.44
Total Common Shares Outstanding	89.1	87.2	84.68	68.63	64.52	52.29
Working Capital	248.41	137.63	143.32	71.35	91.01	53.95
Book Value Per Share	2.19	0.51	0.94	0.69	1.40	1.25
Tangible Book Value	188.37	37.89	72.32	39.96	82.79	56.97
Tangible Book Value Per Share	2.11	0.43	0.85	0.58	1.28	1.09
Land	9.09	5.23	6.92	-	-	-
Machinery	2.61	2.46	1.23	7.58	6.7	7.14
Construction In Progress	27.6	5.09	3	0.8	0.16	-
Leasehold Improvements	13.34	13.03	12.96	11.41	11.41	11.46

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

Data Sources Report a data error