The table below shows Liquidia Corp's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Revenue
$132.87M
$54.34M
$8.84M
$3.12M
$2.92M
$4.45M
Cost of revenue
-
-
-
$1.52M
-
$1.56M
Gross profit
-
-
-
-
-
-
R&D
$12.57M
$9.35M
$6.02M
$6.97M
-
$11.89M
SG&A
LQDA annual revenue (10-K history)
Liquidia Corp reported annual revenue of $158.32M for fiscal year 2025. That is up 1031.2% from $14.00M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $8.07M (FY 2019) to $158.32M. Figures come from the company's audited annual reports as filed with the SEC.