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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$7.93B+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

Calculated from Liquidia Corporation’s reported figures.

$61.5Mebit+
$497.0KDepreciation Depletion & Amortization
=$62M

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

Filed
May 11, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-058252

FAQ

What is Liquidia Corporation's EBITDA?
Liquidia Corporation (LQDA) reported EBITDA of $62M in Q1 2026.
How has Liquidia Corporation's EBITDA changed year-over-year?
Liquidia Corporation's EBITDA increased by 277.3% year-over-year, from -$34.97M to $62M.
What is the long-term trend for Liquidia Corporation's EBITDA?
Over 3 years (2021 to 2024), Liquidia Corporation's EBITDA has grown at a 61.7% compound annual growth rate (CAGR), from -$28.19M to -$119.1M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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