Growth Metrics

Liquidia (LQDA) Gross Margin (2020 - 2025)

Liquidia (LQDA) has 6 years of Gross Margin data on record, last reported at 96.38% in Q4 2025.

  • For Q4 2025, Gross Margin rose 4279.0% year-over-year to 96.38%; the TTM value through Dec 2025 reached 97.21%, up 3921.0%, while the annual FY2025 figure was 97.21%, 3921.0% up from the prior year.
  • Gross Margin reached 96.38% in Q4 2025 per LQDA's latest filing, down from 98.38% in the prior quarter.
  • Across five years, Gross Margin topped out at 114.85% in Q2 2025 and bottomed at 50.64% in Q1 2024.
  • Average Gross Margin over 5 years is 77.71%, with a median of 78.47% recorded in 2023.
  • Peak YoY movement for Gross Margin: crashed -3480bps in 2024, then soared 5565bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 77.44% in 2021, then increased by 12bps to 87.05% in 2022, then decreased by -10bps to 78.08% in 2023, then tumbled by -31bps to 53.58% in 2024, then soared by 80bps to 96.38% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 96.38% in Q4 2025, 98.38% in Q3 2025, and 114.85% in Q2 2025.