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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Liquidia (LQDA) Gross Margin (2020 - 2025)

Liquidia has reported Gross Margin over the past 6 years, most recently at 97.92% for Q4 2025.

  • Quarterly results put Gross Margin at 97.92% for Q4 2025, up 4433.0% from a year ago — trailing twelve months through Dec 2025 was 97.15% (up 3915.0% YoY), and the annual figure for FY2025 was 97.21%, up 3921.0%.
  • Gross Margin for Q4 2025 was 97.92% at Liquidia, roughly flat from 98.38% in the prior quarter.
  • Over the last five years, Gross Margin for LQDA hit a ceiling of 98.38% in Q3 2025 and a floor of 50.64% in Q1 2024.
  • Median Gross Margin over the past 5 years was 78.47% (2023), compared with a mean of 76.93%.
  • Biggest five-year swings in Gross Margin: tumbled -3480bps in 2024 and later soared 4433bps in 2025.
  • Liquidia's Gross Margin stood at 77.42% in 2021, then grew by 12bps to 87.05% in 2022, then fell by -10bps to 78.08% in 2023, then crashed by -31bps to 53.58% in 2024, then soared by 83bps to 97.92% in 2025.
  • The last three reported values for Gross Margin were 97.92% (Q4 2025), 98.38% (Q3 2025), and 97.68% (Q2 2025) per Business Quant data.