LQDA
Liquidia Technologies Inc
NASDAQ: LQDA · HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC
$38.15
+1.33% today
Updated 2026-04-29
Market cap
$3.39B
P/E ratio
—
P/S ratio
21.42x
EPS (TTM)
$-0.80
Dividend yield
—
52W range
$12 – $47
Volume
1.4M
Liquidia Technologies Inc (LQDA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.22M | $7.26M | $2.71M | $8.07M | $739628.00 | $12.85M | $15.94M | $17.49M | $14.00M | $158.32M |
| Revenue growth (YoY) | — | -45.1% | -62.7% | +198.2% | -90.8% | +1637.8% | +24.0% | +9.7% | -20.0% | +1031.2% |
| Cost of revenue | $918778.00 | $319759.00 | $121391.00 | $807192.00 | $237712.00 | $3.02M | $2.86M | $2.89M | $5.88M | $4.42M |
| Gross profit | $12.30M | $6.94M | $2.59M | $7.26M | $501916.00 | $9.83M | $13.08M | $14.60M | $8.12M | $153.90M |
| Gross margin | 93.0% | 95.6% | 95.5% | 90.0% | 67.9% | 76.5% | 82.1% | 83.5% | 58.0% | 97.2% |
| R&D | $23.32M | $24.75M | $28.70M | $40.49M | $32.22M | $20.52M | $19.43M | $43.24M | $47.84M | $39.28M |
| SG&A | $4.84M | $10.21M | $8.75M | $13.60M | $27.37M | $23.11M | $32.41M | $44.74M | $81.57M | $157.18M |
| Operating income | $-15.86M | $-28.03M | $-34.87M | $-46.82M | $-59.09M | $-33.80M | $-38.77M | $-73.38M | $-121.29M | $-51.38M |
| Operating margin | -120.0% | -386.2% | -1288.1% | -580.1% | -7989.0% | -263.0% | -243.3% | -419.6% | -866.6% | -32.5% |
| EBITDA | $-15.20M | $-15.21M | $-32.60M | $-43.42M | $-55.79M | $-28.20M | $-35.03M | $-70.05M | $-115.71M | $-49.85M |
| EBITDA margin | -115.0% | -209.6% | -1204.4% | -537.9% | -7542.8% | -219.4% | -219.8% | -400.6% | -826.7% | -31.5% |
| EBIT | $-15.85M | $-16.14M | $-34.15M | $-46.21M | $-58.90M | $-33.82M | $-38.68M | $-72.23M | $-117.91M | $-51.38M |
| Interest expense | $85865.00 | $13.01M | $18.99M | $1.37M | $857998.00 | $762000.00 | $2.34M | $6.27M | $12.49M | $24.17M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-15.93M | $-29.15M | $-53.14M | $-47.58M | $-59.76M | $-34.58M | $-41.02M | $-78.50M | $-130.39M | $-68.92M |
| Net income growth (YoY) | — | -83.0% | -82.3% | +10.4% | -25.6% | +42.1% | -18.6% | -91.4% | -66.1% | +47.1% |
| Profit margin | -120.6% | -401.7% | -1962.9% | -589.5% | -8080.1% | -269.0% | -257.4% | -448.9% | -931.7% | -43.5% |