Liquidia Corp Income Statement
LQDA / Health Care|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Liquidia Corp reported $158M in revenue and $69M in net loss for FY2025. Revenue has grown at a 64.2% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $158.3M | $14.0M | $17.5M | $15.9M | $12.9M | $739.6K | $8.1M |
| Cost of Revenue | - | $5.9M | $2.9M | $2.9M | $3.0M | $237.7K | - |
| SG&A Expense | $157.2M | $81.6M | $44.7M | $32.4M | $23.1M | $27.4M | $13.6M |
| R&D Expense | $39.3M | $47.8M | $43.2M | $19.4M | $20.5M | $32.2M | $40.5M |
| Operating Income | -$51.4M | -$121.3M | -$73.4M | -$38.8M | -$33.8M | -$59.1M | -$46.8M |
| Interest Expense | - | - | $6.3M | $2.3M | $762.0K | $858.0K | $1.4M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$68.9M | -$128.3M | -$78.5M | -$41.0M | -$34.6M | -$59.8M | -$47.6M |
| EPS (Basic) | -$1.21 | -$1.21 | -$0.67 | -$0.70 | -$1.76 | - | - |
| EPS (Diluted) | -$1.21 | -$1.21 | -$0.67 | -$0.70 | -$1.76 | -$2.57 | -$2.57 |
| Shares Outstanding | 84.7M | 68.6M | 64.5M | 52.3M | 43.3M | 28.2M | 18.5M |
| Operating Margin | -32.5% | -866.6% | -419.6% | -243.3% | -263.0% | -7989.0% | - |
| Profit Margin | -43.5% | -916.6% | -448.9% | -257.4% | -269.0% | -8080.1% | - |