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Liquidia Corporation LQDA Product — Cost of Goods Sold

Other product segments

Service
$773K

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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:CostOfGoodsAndServicesSold.

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
Service revenue, net2,9843,120
Total revenue132,8653,120
Costs and expenses:
Cost of product sales11,079
Cost of service revenue7731,517
Research and development12,5716,966
Selling, general and administrative46,93830,062
Total costs and expenses71,36138,545

Item 1. Condensed Financial Statements (unaudited)

FAQ

What is Liquidia Corporation's product — cost of goods sold?
Liquidia Corporation (LQDA) reported product — cost of goods sold of $11.08M in Q1 2026.
What does product — cost of goods sold mean?
This metric captures the direct costs incurred to manufacture and supply the company's pharmaceutical products, including materials, labor, and overhead directly attributable to production. It is a critical measure of manufacturing efficiency and the direct profitability of the product segment. Tracking this allows for the evaluation of gross margin trends and the scalability of the company's production processes.

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