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Latest annual · FY2025

Millions
Total revenues
158
Gross profit
8
Operating income
(51)
Net income
(69)
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2022 to FY2025
+115.0%
Revenue, 5 yearsFY2020 to FY2025
+192.5%
Net income, 5 yearsFY2020 to FY2025
n/m

Liquidia Corp (LQDA) financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2025FY2024ChangeSource
Revenue$158.3 million$14 million+1,031.2%10-K 2026-03-05 · proof
Operating income-$51.4 million-$121.3 million10-K 2026-03-05 · proof
Net income-$68.9 million-$128.3 million10-K 2026-03-05 · proof
Cash from operating activities-$35.7 million-$93.4 million10-K 2026-03-05 · proof
Free cash flow-$40 million-$98.4 million10-K 2026-03-05 · proof
What was Liquidia Corp (LQDA)'s revenue in fiscal 2025?
Liquidia Corp (LQDA) reported revenue of $158.3 million for fiscal 2025 (the year ended Dec 31, 2025), against $14 million the year before (+1,031.2%). Source: the 10-K filed with the SEC on Mar 5, 2026. SEC
What was Liquidia Corp (LQDA)'s operating income in fiscal 2025?
Liquidia Corp (LQDA) reported operating income of -$51.4 million for fiscal 2025 (the year ended Dec 31, 2025), against -$121.3 million the year before. Source: the 10-K filed with the SEC on Mar 5, 2026. SEC
What was Liquidia Corp (LQDA)'s net income in fiscal 2025?
Liquidia Corp (LQDA) reported net income of -$68.9 million for fiscal 2025 (the year ended Dec 31, 2025), against -$128.3 million the year before. Source: the 10-K filed with the SEC on Mar 5, 2026. SEC
What was Liquidia Corp (LQDA)'s cash from operating activities in fiscal 2025?
Liquidia Corp (LQDA) reported cash from operating activities of -$35.7 million for fiscal 2025 (the year ended Dec 31, 2025), against -$93.4 million the year before. Source: the 10-K filed with the SEC on Mar 5, 2026. SEC
What was Liquidia Corp (LQDA)'s free cash flow in fiscal 2025?
Liquidia Corp (LQDA) reported free cash flow of -$40 million for fiscal 2025 (the year ended Dec 31, 2025), against -$98.4 million the year before. Source: the 10-K filed with the SEC on Mar 5, 2026. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:LQDA&period_type=annual&limit=5"

Information only, not investment advice.