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Liquidia Corporation LQDA Business Segments — Operating Income

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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$6.32B+164%
Enterprise value$6.1B+184%
P/S21.9×-147×

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:OperatingIncomeLoss.

The official record: Liquidia Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Liquidia Corporation's business segments — operating income?
Liquidia Corporation (LQDA) reported business segments — operating income of $61.5M in Q1 2026.
How has Liquidia Corporation's business segments — operating income changed year-over-year?
Liquidia Corporation's business segments — operating income increased by 273.6% year-over-year, from -$35.43M to $61.5M.
What does business segments — operating income mean?
This metric measures the profitability of the business segment by subtracting operating expenses from total revenue. It indicates the core operational health of the business before accounting for financing activities or tax obligations. A trend toward positive operating income is a primary indicator of a company's transition from a development-stage entity to a sustainable commercial business.