Liquidia (LQDA) Invested Capital (2019 - 2026)

Liquidia (LQDA) recorded quarterly Invested Capital of $108.6 million in Q1 2026, up 142.65% quarter-over-quarter from $44.7 million in Q4 2025, and up 118.41% on a YoY basis from $49.7 million in Q1 2025.

Liquidia (LQDA) Invested Capital (2019 - 2026) Analysis & Trends

Liquidia's Invested Capital history runs 8 years deep, the most recent figure standing at $108.6 million for Q1 2026.

  • In Q1 2026, Invested Capital rose 118.41% year-over-year to $108.6 million; the TTM figure through Mar 2026 stood at $108.6 million (up 118.41% YoY), while the FY2025 annual figure was $44.7 million, down 43.63% from the prior year.
  • Invested Capital was $108.6 million for Q1 2026 at Liquidia, up from $44.7 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $122.1 million in Q2 2022 to a low of $15.2 million in Q2 2025.
  • Historically, Invested Capital has averaged $74.2 million across 5 years, with a median of $74.9 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Invested Capital surged 134.89% in 2024, then slumped 80.44% in 2025.
  • A 5-year view of Invested Capital shows it stood at $110.3 million in 2022, then tumbled by 57.12% to $47.3 million in 2023, then jumped by 67.84% to $79.4 million in 2024, then plunged by 43.63% to $44.7 million in 2025, then jumped by 142.65% to $108.6 million in 2026.
  • The last three Invested Capital figures came in at $108.6 million (Q1 2026), $44.7 million (Q4 2025), and $22.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Teva Pharmaceutical Industries 39.97 Bn 36.23 Bn 1.97 Bn 10.84 Bn
2 Zoetis 33.59 Bn 31.65 Bn 1.62 Bn 3.23 Bn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 5.90 Bn
4 Neurocrine Biosciences 16.10 Bn 14.78 Bn 800.70 Mn 3.41 Bn
5 Aurora Cannabis 15.56 Bn 15.47 Bn 21.72 Mn 373.23 Mn
6 Elanco Animal Health 12.04 Bn 11.61 Bn 785.00 Mn 10.24 Bn
7 Alkermes 7.36 Bn 6.84 Bn -116.06 Mn 1.78 Bn
8 Lantheus Holdings 6.74 Bn 6.24 Bn 230.92 Mn 1.79 Bn
9 Liquidia 6.27 Bn 6.04 Bn 121.79 Mn 108.58 Mn
10 Hims & Hers Health 6.15 Bn 5.40 Bn 396.79 Mn 446.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 108.58 Mn
Dec 31, 2025 44.75 Mn
Sep 30, 2025 22.05 Mn
Jun 30, 2025 15.19 Mn
Mar 31, 2025 49.71 Mn
Dec 31, 2024 79.38 Mn
Sep 30, 2024 112.76 Mn
Jun 30, 2024 72.84 Mn
Mar 31, 2024 97.11 Mn
Dec 31, 2023 47.29 Mn
Sep 30, 2023 48.01 Mn
Jun 30, 2023 60.66 Mn
Mar 31, 2023 81.64 Mn
Dec 31, 2022 110.30 Mn
Sep 30, 2022 114.78 Mn
Jun 30, 2022 122.11 Mn
Mar 31, 2022 74.87 Mn
Dec 31, 2021 75.68 Mn
Sep 30, 2021 83.46 Mn
Jun 30, 2021 89.27 Mn