Liquidia (LQDA) Cost of Revenue (2020 - 2026)

Liquidia's Cost of Revenue history runs 7 years deep, the most recent figure standing at $11.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 630.32% year-over-year to $11.1 million; the TTM figure through Mar 2026 stood at $18.5 million (up 211.79% YoY), while the FY2025 annual figure was $8.8 million, up 50.09% from the prior year.
• Cost of Revenue was $11.1 million for Q1 2026 at Liquidia, up from $6.3 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $11.1 million in Q1 2026 to a low of $205000.0 in Q2 2025.
• Historically, Cost of Revenue has averaged $1.9 million across 5 years, with a median of $878000.0 in 2025.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue sank 86.27% in 2025, then jumped 630.32% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $694000.0 in 2022, then soared by 43.08% to $993000.0 in 2023, then jumped by 36.35% to $1.4 million in 2024, then soared by 367.06% to $6.3 million in 2025, then surged by 75.19% to $11.1 million in 2026.
• The last three Cost of Revenue figures came in at $11.1 million (Q1 2026), $6.3 million (Q4 2025), and $878000.0 (Q3 2025), per Business Quant data.