What is Liquidia Corporation's net income?

Liquidia Corporation (LQDA) reported net income of $52.86M in Q1 2026.

How has Liquidia Corporation's net income changed year-over-year?

Liquidia Corporation's net income increased by 237.8% year-over-year, from -$38.37M to $52.86M.

What is the long-term trend for Liquidia Corporation's net income?

Over 3 years (2021 to 2024), Liquidia Corporation's net income has grown at a 54.8% compound annual growth rate (CAGR), from -$34.58M to -$128.29M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Liquidia Corporation LQDA Net Income

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$906M+45.7%

United TherapeuticsUTHR

$274.9M-14.7%

Arrowhead ResearchARWR

-$137.57M-137%

Ionis PharmaceuticalsIONS

-$92.53M+37.0%

BridgeBio PharmaBBIO

-$166.56M+1.8%

Mirum Pharmaceuticals, Inc.MIRM

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Segments

By segment

See full

Single Reportable$52.86M+238%

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

See full

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

See full

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

See full

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:ProfitLoss.

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 net income?: Liquidia Corporation (LQDA) reported net income of $52.86M in Q1 2026.
How has Liquidia Corporation's net income changed year-over-year?: Liquidia Corporation's net income increased by 237.8% year-over-year, from -$38.37M to $52.86M.
What is the long-term trend for Liquidia Corporation's net income?: Over 3 years (2021 to 2024), Liquidia Corporation's net income has grown at a 54.8% compound annual growth rate (CAGR), from -$34.58M to -$128.29M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.