To the full analysis
Liquidia stock: growth
LQDALiquidia reported $158.32M in revenue for fiscal 2025, up 1,031.2% on the prior year, up 192.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
31.8%
per year from 2016 to 2025, per share 2%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2016 | |
|---|---|---|
| Revenue | 192.5% | 31.8% |
| Revenue per share | 142.7% | 2.0% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | no data | no data |
| Free cash flow per share | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2016 | $13.22M | −$15.93M | −$16.83M |
| 2017 | $7.26M | −$29.15M | −$26.83M |
| 2018 | $2.71M | −$53.14M | −$32.7M |
| 2019 | $8.07M | −$47.58M | −$50.13M |
| 2020 | $739.63K | −$59.76M | −$54.9M |
| 2021 | $12.85M | −$34.58M | −$34.14M |
| 2022 | $15.94M | −$41.02M | −$29.18M |
| 2023 | $17.49M | −$78.5M | −$42.85M |
| 2024 | $14M | −$130.39M | −$98.37M |
| 2025 | $158.32M | −$68.92M | −$40.02M |
Revenue by segment
How Liquidia Corporation makes its money and how that has shifted. Names are as the company reports them.
- Product$148.3M94%
- Service$10.0M6%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Product | $148.29M | 93.7% |
| Service | $10.03M | 6.3% |
| Total revenue | $158.32M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak since 11 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.