LQDA - NASDAQ
Liquidia Corporation
$55.69
+1.5%Liquidia Corporation, a biopharmaceutical company, develops, manufactures, and commercializes various products for unmet patient needs in the United States. Its product candidates include YUTREPIA, an inhaled dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension. It also distributes generic treprostinil injection in the United States. Liquidia Corporation was founded in 2004 and is headquartered in Morrisville, North Carolina.
At a Glance
Live SnapshotLiquidia Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Liquidia Corporation Cash Flow Statement
LQDA • NASDAQ
| Liquidia Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
-68.9M | -130.4M | -78.5M | -41M | -34.6M | -59.8M | -47.6M | -53.1M | -29.2M | -15.9M | |
1.5M | 2.2M | 2.2M | 3.6M | 5.6M | 3.1M | 2.6M | 1.5M | 931.9K | 651.6K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10.8K | 6.6K | -415.4K | -11.9M | 0.0 | |
29.5M | 18.8M | 10.1M | 9.3M | 6.7M | 4M | 3.4M | 2.2M | 514.1K | 347.4K | |
26.4M | 20.8M | 18.8M | 1.6M | 566K | 235.5K | 300.9K | 17.7M | 14.9M | 391.7K | |
-24.2M | -4.8M | 5.9M | -2.2M | -12.4M | -1.7M | -7M | 294.8K | 389.7K | 596.4K | |
-35.7M | -93.4M | -41.6M | -28.6M | -34M | -54.1M | -48.3M | -31.8M | -24.3M | -13.9M | |
INVESTING ACTIVITIES | ||||||||||
-4.3M | -4.9M | -1.3M | -592K | -107K | -752.1K | -1.9M | -870.9K | -2.5M | -2.9M | |
(0.0) | (0.0) | (0.0) | (5K) | (0.0) | (1M) | (0.0) | (0.0) | (0.0) | (0.0) | |
-2M | -3.5M | -10M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-6.3M | -8.4M | -11.3M | -587K | -107K | (247.9K) | -1.9M | -870.9K | -2.5M | -2.9M | |
FINANCING ACTIVITIES | ||||||||||
4.8M | 138.6M | 24.2M | 54.5M | 21.7M | 71.2M | 63M | 47.3M | 0.0 | 0.0 | |
53.8M | 52.5M | 19.4M | 9M | -420K | -6.8M | 4M | -1.4M | 30.1M | 5.7M | |
1.1M | 3.6M | -363K | 1.5M | 5M | -1M | 0.0 | -2.2M | -1.3M | 445.5K | |
59.7M | 194.7M | 43.2M | 65M | 26.3M | 63.4M | 66.4M | 68.8M | 28.8M | 6.1M | |
CASH FLOW SUMMARY | ||||||||||
-3.5M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
14.2M | 92.8M | -9.6M | 35.8M | -7.8M | 9.5M | 16.3M | 36.1M | 2M | -10.7M | |
176.5M | 83.7M | 93.3M | 57.5M | 65.3M | 55.8M | 39.5M | 3.4M | 1.4M | 12.2M | |
190.7M | 176.5M | 83.7M | 93.3M | 57.5M | 65.3M | 55.8M | 39.5M | 3.4M | 1.4M | |
-40M | -98.4M | -42.9M | -29.2M | -34.1M | -54.9M | -50.1M | -32.7M | -26.8M | -16.8M |
SEC Filings
LQDA - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 11, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 11, 2026 | May 11, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 16, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 05, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 05, 2026 | March 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 09, 2026 | January 09, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 03, 2025 | November 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 03, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 30, 2025 | October 27, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 12, 2025 | June 30, 2025 | 2025 |
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