Liquidia (LQDA) Accumulated Expenses (2019 - 2026)

Liquidia (LQDA) recorded quarterly Accumulated Expenses of $87.7 million in Q1 2026, up 331.76% quarter-over-quarter from $20.3 million in Q4 2025, and up 1297.85% on a YoY basis from $6.3 million in Q1 2025.

Liquidia (LQDA) Accumulated Expenses (2019 - 2026) Analysis & Trends

Liquidia's Accumulated Expenses history runs 8 years deep, the most recent figure standing at $87.7 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses rose 1297.85% year-over-year to $87.7 million; the TTM figure through Mar 2026 stood at $87.7 million (up 1297.85% YoY), while the FY2025 annual figure was $20.3 million, up 8.9% from the prior year.
  • Accumulated Expenses was $87.7 million for Q1 2026 at Liquidia, up from $20.3 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $87.7 million in Q1 2026 to a low of $749000.0 in Q1 2023.
  • Historically, Accumulated Expenses has averaged $13.7 million across 5 years, with a median of $6.3 million in 2025.
  • Biggest YoY gain for Accumulated Expenses was 1778.24% in 2024; the steepest drop was 89.26% in 2024.
  • A 5-year view of Accumulated Expenses shows it stood at $2.9 million in 2022, then soared by 198.53% to $8.5 million in 2023, then jumped by 118.39% to $18.7 million in 2024, then advanced by 8.9% to $20.3 million in 2025, then soared by 331.76% to $87.7 million in 2026.
  • The last three Accumulated Expenses figures came in at $87.7 million (Q1 2026), $20.3 million (Q4 2025), and $40.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn
10 Liquidia 5.74 Bn 5.52 Bn 121.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 87.73 Mn
Dec 31, 2025 20.32 Mn
Sep 30, 2025 40.44 Mn
Jun 30, 2025 853,000.00
Mar 31, 2025 6.28 Mn
Dec 31, 2024 18.66 Mn
Sep 30, 2024 8.49 Mn
Jun 30, 2024 1.59 Mn
Mar 31, 2024 14.07 Mn
Dec 31, 2023 8.54 Mn
Sep 30, 2023 3.01 Mn
Jun 30, 2023 14.77 Mn
Mar 31, 2023 749,000.00
Dec 31, 2022 2.86 Mn
Sep 30, 2022 2.20 Mn
Jun 30, 2022 1.92 Mn
Mar 31, 2022 845,000.00
Dec 31, 2021 5.17 Mn
Sep 30, 2021 2.06 Mn
Jun 30, 2021 1.62 Mn