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Liquidia Corporation LQDA Revenue Interest Financing Payable Noncurrent

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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%
CapEx$2.8M+758%
Free cash flow$50.2M+262%

Valuation

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Market cap$7.95B+343%
Enterprise value$7.74B+374%
P/S27.6×-65.3×

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 lqda:RevenueInterestFinancingPayableNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Operating and finance lease liabilities, current807487
Total current liabilities149,740135,768
Litigation finance payable8,5478,384
Long-term debt, noncurrent127,643132,935
Operating and finance lease liabilities, noncurrent6,1516,099
Long-term tax liability873
Total liabilities292,954283,186
Commitments and contingencies (Note 13)

Item 1. Condensed Financial Statements (unaudited)

FAQ

What is Liquidia Corporation's revenue interest financing payable noncurrent?
Liquidia Corporation (LQDA) reported revenue interest financing payable noncurrent of $127.64M in Q1 2026.
How has Liquidia Corporation's revenue interest financing payable noncurrent changed year-over-year?
Liquidia Corporation's revenue interest financing payable noncurrent increased by 23.7% year-over-year, from $103.18M to $127.64M.
What is the long-term trend for Liquidia Corporation's revenue interest financing payable noncurrent?
Over 2 years (2023 to 2025), Liquidia Corporation's revenue interest financing payable noncurrent has grown at a 75.0% compound annual growth rate (CAGR), from $43.42M to $132.94M.
What does revenue interest financing payable noncurrent mean?
This represents the long-term portion of financing obligations tied to future revenue streams, due beyond one year. It indicates the total outstanding commitment to share future earnings with financing partners. This metric helps investors understand the long-term impact of revenue-based financing on future profitability.

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