Company / Free Cash Flow
Liquidia Corp Free Cash Flow History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$40.0M
FY2025
5-year range
-$98.4M / -$34.1M
FY2021-FY2025
Trend
+59.3%
vs FY2024
Sector context
#77 of 194
Health Care
What the data says
At -$40M, Liquidia Corp's free cash flow ranks #77 of 194 in the Health Care sector. Free Cash Flow returned to growth in FY2025 after 2 years of decline, reaching -$40M.
Based on SEC 10-K filings.
-$40M in FY2025.
Improved from -$43M to -$40M over the past 2 years.
Health Care sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#77 of 194 in Health CareTop 40% of 194This company -$40.0M Sector average $470.8M
▼
-108.5% below sector average
Key checks
Key Insights
- In FY2025, free cash flow increased 59.3% year-over-year.
- Ranks #77 out of 194 companies in the Health Care sector.
- Peak free cash flow was recorded in FY2022.
- Lowest free cash flow in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -1.26 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$40.0M | +59.3% |
| FY2024 | -$98.4M | -129.5% |
| FY2023 | -$42.9M | -25.5% |
| FY2022 | -$34.1M | +0.0% |
| FY2021 | -$34.1M | +37.8% |
| FY2020 | -$54.9M | -9.5% |
| FY2019 | -$50.1M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026