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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

Reported directly by Liquidia Corporation in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

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 lease right-of-use assets, net4,3583,949
Indemnification asset, related party8,5478,392
Contract acquisition costs, net6,6696,818
Intangible asset, net2,8872,952
Goodwill3,9033,903
Deferred tax assets, net873
Restricted cash3,5043,504
Other assets16,89913,171

Item 1. Condensed Financial Statements (unaudited)

FAQ

What is Liquidia Corporation's intangibles (net)?
Liquidia Corporation (LQDA) reported intangibles (net) of $2.89M in Q1 2026.
How has Liquidia Corporation's intangibles (net) changed year-over-year?
Liquidia Corporation's intangibles (net) decreased by 7.1% year-over-year, from $3.11M to $2.89M.
What is the long-term trend for Liquidia Corporation's intangibles (net)?
Over 5 years (2020 to 2025), Liquidia Corporation's intangibles (net) has grown at a -11.8% compound annual growth rate (CAGR), from $5.53M to $2.95M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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