Liquidia Corp (NASDAQ:LQDA)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Keeps a healthy share of every dollar it sells.
- Revenue
- $450.9M
- Net income
- $138.6M
- Net margin
- 30.7%
Little or no net debt.
- Total debt
- $128.9M
- Cash
- $284.2M
- Net debt / EBITDA
- -0.87x
Comfortably covers what is due within a year.
- Current assets
- $437.7M
- Current liabilities
- $189.3M
- Current ratio
- 2.31
The business funds itself from operations.
- Operating cash flow
- $79.0M
- Free cash flow
- $60.5M
- FCF margin
- 13.4%
Not funding itself by issuing shares.
- Shares outstanding
- 88.9M
- Share growth (1y)
- 3.9%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
LQDA Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 171.68 M | 132.87 M | 92.02 M | 54.34 M | 8.84 M | 3.12 M |
| Revenue Growth (YoY) | 1842.73 % | 4158.49 % | 3054.65 % | 1121.72 % | 141.51 % | 4.98 % |
| Cost of Revenue | 11.55 M | 12.15 M | 7.05 M | 3.17 M | 1.29 M | 1.52 M |
| Gross Profit | 160.13 M | 120.72 M | 84.97 M | 51.17 M | 7.54 M | 1.60 M |
| SG&A Expense | 57.43 M | 46.94 M | 48.24 M | 40.06 M | 38.82 M | 30.06 M |
| R&D Expense | 17.18 M | 12.27 M | 16.94 M | 9.35 M | 6.02 M | 6.97 M |
| Operating Expenses | 74.61 M | 59.21 M | 65.18 M | 49.40 M | 45.05 M | 37.03 M |
| Operating Income | 85.52 M | 61.50 M | 19.79 M | 1.77 M | -37.51 M | -35.42 M |
| Pretax Income | 81.70 M | 56.78 M | 14.55 M | -3.53 M | -41.58 M | -38.37 M |
| Tax Provision | 6.97 M | 3.92 M | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 74.72 M | 52.86 M | 14.55 M | -3.53 M | -41.58 M | -38.37 M |
| EPS (Basic) | 0.84 | 0.60 | 0.17 | -0.04 | -0.49 | -0.45 |
| EPS (Diluted) | 0.74 | 0.52 | 0.15 | -0.04 | -0.49 | -0.45 |
| Shares Outstanding | 88.89 M | 88.01 M | 87.11 M | 86.33 M | 85.59 M | 85.17 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.