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Other financials

Income statement

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Revenue$132.9M+4,158%
Gross profit$1.6M+6.5%
Operating income$61.5M+274%
Net income$52.9M+238%
EPS (diluted)$0.52+216%

Balance sheet

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Cash & equivalents$222.8M+31.2%
Total debt$7.0M+1.5%
Total equity$108.6M+118%
Total assets$401.5M+76.6%

Cash flow

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Operating cash flow$53.0M+273%
Free cash flow$50.2M+262%

Valuation

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Market cap$7.93B+356%
Enterprise value$7.71B+391%
P/S27.5×-62.3×

Profitability

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Gross margin58.1%-18.7pp
Operating margin-155%-68.1pp
Net margin-176.2%-76.4pp
FCF margin-150.7%-64.4pp

Returns & leverage

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Return on equity-181%+57.4pp
Debt / equity0.1×-0.1×
Current ratio2.2×-0.7×

Where this comes from

Reported directly by Liquidia Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Liquidia Corporation’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-058252
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other noncurrent liabilities873
Net cash provided by (used in) operating activities52,990(30,679)
Investing activities
Purchases of property, plant and equipment(2,830)(330)
Net cash used in investing activities(2,830)(330)
Financing activities
Proceeds from long-term debt, net of fees24,975
Payments on long-term debt(19,969)(2,122)

Item 1. Condensed Financial Statements (unaudited)

FAQ

What is Liquidia Corporation's capex?
Liquidia Corporation (LQDA) reported capex of $2.83M in Q1 2026.
How has Liquidia Corporation's capex changed year-over-year?
Liquidia Corporation's capex increased by 757.6% year-over-year, from $330K to $2.83M.
What is the long-term trend for Liquidia Corporation's capex?
Over 4 years (2021 to 2025), Liquidia Corporation's capex has grown at a 152.3% compound annual growth rate (CAGR), from $107K to $4.34M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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