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Liquidia Corporation LQDA Business Segments — Labor And Related Expense

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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:LaborAndRelatedExpense.

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
Generic Treprostinil(49)151
Total program expenses21,66113,177
Non-program expenses (2)6,1973,770
Personnel, including stock-based compensation31,65120,081
Income (loss) from operations61,504(35,425)
Other income (expense), net(4,722)(2,942)
Income (loss) before income taxes$56,782$(38,367)
Income tax expense3,920

Item 1. Condensed Financial Statements (unaudited)

FAQ

What is Liquidia Corporation's business segments — labor and related expense?
Liquidia Corporation (LQDA) reported business segments — labor and related expense of $31.65M in Q1 2026.
How has Liquidia Corporation's business segments — labor and related expense changed year-over-year?
Liquidia Corporation's business segments — labor and related expense increased by 57.6% year-over-year, from $20.08M to $31.65M.
What is the long-term trend for Liquidia Corporation's business segments — labor and related expense?
Over 2 years (2023 to 2025), Liquidia Corporation's business segments — labor and related expense has grown at a 59.8% compound annual growth rate (CAGR), from $38.78M to $99M.
What does business segments — labor and related expense mean?
This metric represents the total compensation, benefits, and related personnel costs incurred by the business segment. It reflects the human capital investment required to support research, development, and commercialization activities. Tracking this expense is critical for understanding the company's operational intensity and workforce scaling requirements.

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