Liquidia (LQDA) FCF Margin (2020 - 2026)

Liquidia (LQDA) recorded quarterly FCF Margin of 34.93% in Q1 2026, down 29.97% quarter-over-quarter from 49.87% in Q4 2025, and up 102307.0% on a YoY basis from N/an in Q1 2025.

Liquidia (LQDA) FCF Margin (2020 - 2026) Analysis & Trends

Liquidia's FCF Margin history runs 7 years deep, the most recent figure standing at 34.93% for Q1 2026.

  • In Q1 2026, FCF Margin rose 102307.0% year-over-year to 34.93%; the TTM figure through Mar 2026 stood at 14.2% (up 71280.0% YoY), while the FY2025 annual figure was 22.95%, up 64604.0% from the prior year.
  • FCF Margin was 34.93% for Q1 2026 at Liquidia, down from 49.87% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 49.87% in Q4 2025 to a low of 988.14% in Q1 2025.
  • Historically, FCF Margin has averaged 343.25% across 5 years, with a median of 280.13% in 2022.
  • The sharpest annual moves came in 2024 and 2026: FCF Margin sank 67218 bps in 2024, then soared 102307 bps in 2026.
  • A 5-year view of FCF Margin shows it stood at 86.59% in 2022, then plunged by 286 bps to 334.08% in 2023, then plunged by 78 bps to 595.2% in 2024, then soared by 108 bps to 49.87% in 2025, then decreased by 30 bps to 34.93% in 2026.
  • The last three FCF Margin figures came in at 34.93% (Q1 2026), 49.87% (Q4 2025), and 19.66% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn -5.22%
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn 12.86%
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn 46.39%
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn 16.78%
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn -2.77%
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn -429.96%
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn 32.62%
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn 13.24%
10 Liquidia 5.74 Bn 5.52 Bn 121.79 Mn 34.93%

Historic Data

Download Data
DateValue
Mar 31, 2026 34.93%
Dec 31, 2025 49.87%
Sep 30, 2025 -19.66%
Jun 30, 2025 -460.76%
Mar 31, 2025 -988.14%
Dec 31, 2024 -595.20%
Sep 30, 2024 -631.95%
Jun 30, 2024 -615.17%
Mar 31, 2024 -863.12%
Dec 31, 2023 -334.08%
Sep 30, 2023 -327.24%
Jun 30, 2023 -126.43%
Mar 31, 2023 -190.94%
Dec 31, 2022 -86.59%
Sep 30, 2022 -185.40%
Jun 30, 2022 -215.31%
Mar 31, 2022 -280.13%
Dec 31, 2021 -235.74%
Sep 30, 2021 -183.42%
Jun 30, 2021 -245.68%