Liquidia Corp financial data

Symbol
LQDA on Nasdaq
Location
Morrisville, NC
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 05 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 231% % -61%
Quick Ratio 15% %
Debt-to-equity 727% % 431%
Return On Equity -209% % -48%
Return On Assets -25% % 58%
Operating Margin -32% % 96%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 88,114,429 shares 3.3%
Common Stock, Shares, Outstanding 87,204,137 shares 3%
Entity Public Float $847,006,478 USD 24%
Common Stock, Value, Issued $87,000 USD 2.4%
Weighted Average Number of Shares Outstanding, Basic 86,059,101 shares 9.3%
Weighted Average Number of Shares Outstanding, Diluted 86,059,101 shares 9.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $158,320,000 USD 1031%
Research and Development Expense $39,276,000 USD -18%
General and Administrative Expense $91,382,000 USD 60%
Costs and Expenses $209,696,000 USD 55%
Operating Income (Loss) $51,376,000 USD 58%
Nonoperating Income (Expense) $17,548,000 USD -151%
Net Income (Loss) Attributable to Parent $68,924,000 USD 46%
Earnings Per Share, Basic -0.8 USD/shares 51%
Earnings Per Share, Diluted -0.8 USD/shares 51%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $190,680,000 USD 8%
Accounts Receivable, after Allowance for Credit Loss, Current $54,093,000 USD 1889%
Inventory, Net $23,802,000 USD 9776%
Assets, Current $273,401,000 USD 48%
Property, Plant and Equipment, Net $11,844,000 USD 43%
Operating Lease, Right-of-Use Asset $3,949,000 USD -5.7%
Intangible Assets, Net (Excluding Goodwill) $2,952,000 USD -6.5%
Goodwill $3,903,000 USD 0%
Other Assets, Noncurrent $13,171,000 USD 21%
Assets $327,934,000 USD 42%
Accounts Payable, Current $3,678,000 USD -22%
Employee-related Liabilities, Current $20,319,000 USD 98%
Liabilities, Current $135,768,000 USD 225%
Liabilities $283,186,000 USD 88%
Retained Earnings (Accumulated Deficit) $626,313,000 USD -12%
Stockholders' Equity Attributable to Parent $44,748,000 USD -44%
Liabilities and Equity $327,934,000 USD 42%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $30,679,000 USD -23%
Net Cash Provided by (Used in) Financing Activities $24,288,000 USD -76%
Net Cash Provided by (Used in) Investing Activities $330,000 USD 47%
Common Stock, Shares Authorized 115,000,000 shares 0%
Common Stock, Shares, Issued 87,204,137 shares 3%
Common Stock, Par or Stated Value Per Share 0.001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $6,721,000 USD -109%
Interest Paid, Excluding Capitalized Interest, Operating Activities $0 USD -100%
Deferred Tax Assets, Valuation Allowance $116,386,000 USD 1.2%
Operating Lease, Liability $6,685,000 USD 157%
Payments to Acquire Property, Plant, and Equipment $330,000 USD -47%
Lessee, Operating Lease, Liability, to be Paid $10,512,000 USD 265%
Property, Plant and Equipment, Gross $25,812,000 USD 7.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,643,000 USD 41%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,442,000 USD 5.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.152 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $3,827,000 USD 1277%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,692,000 USD
Deferred Tax Assets, Operating Loss Carryforwards $90,487,000 USD 4.9%
Preferred Stock, Shares Authorized 10,000,000 shares 0%
Unrecognized Tax Benefits $684,000 USD 75%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,743,000 USD
Additional Paid in Capital $670,974,000 USD 5.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $100,000 USD 0%
Depreciation, Depletion and Amortization $451,000 USD -7.8%
Deferred Tax Assets, Net of Valuation Allowance $3,635,000 USD 27%
Share-based Payment Arrangement, Expense $29,472,000 USD 57%
Interest Expense $10,082,000 USD 101%