Liquidia (LQDA) Capital Expenditures (2020 - 2026)
Liquidia's Capital Expenditures was $11.24 million in Q2 2026, up 962.9% from $1.06 million a year earlier and up 297.0% from the prior quarter.
Liquidia (LQDA) Capital Expenditures (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Liquidia's Capital Expenditures was $17.01 million through Jun 30, 2026, up 284.8% year-over-year; for FY2025, it was $4.34 million, down 12.4% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 42.0% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $4.95 million in FY2024 (+283.6%), $1.29 million in FY2023 (+117.9%), $592,000 in FY2022 (+453.3%) and $107,000 in FY2021 (-85.8%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures in data going back to Q1 2020.
- Compared with a year earlier, Capital Expenditures has increased for three straight quarters, with growth averaging 307.3% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2026 (growth of 962.9%); the worst was Q2 2022 (a decline of 80.0%).
- Per Business Quant data, LQDA's Capital Expenditures in the three quarters before Q2 2026 was $2.83 million (Q1 2026), $2.04 million (Q4 2025) and $911,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 1.32 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 322.00 Mn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 893.00 Mn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -321.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -763.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 513.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 140.00 Mn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 533.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 112.20 Mn |
| 10 | Liquidia | 2.70 Bn | 1.84 Bn | 160.13 Mn | 11.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.24 Mn |
| Mar 31, 2026 | 2.83 Mn |
| Dec 31, 2025 | 2.04 Mn |
| Sep 30, 2025 | 911,000.00 |
| Jun 30, 2025 | 1.06 Mn |
| Mar 31, 2025 | 330,000.00 |
| Dec 31, 2024 | 1.29 Mn |
| Sep 30, 2024 | 1.75 Mn |
| Jun 30, 2024 | 1.29 Mn |
| Mar 31, 2024 | 624,000.00 |
| Dec 31, 2023 | 206,000.00 |
| Sep 30, 2023 | 475,000.00 |
| Jun 30, 2023 | 243,000.00 |
| Mar 31, 2023 | 366,000.00 |
| Dec 31, 2022 | 491,000.00 |
| Sep 30, 2022 | 94,000.00 |
| Jun 30, 2022 | 7,000.00 |
| Dec 31, 2021 | 20,000.00 |
| Jun 30, 2021 | 35,000.00 |
| Mar 31, 2021 | 52,000.00 |
Liquidia Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LQDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LQDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LQDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();