Liquidia (LQDA) Invested Capital (2019 - 2026)
Liquidia (LQDA) reported Invested Capital of $317.27 million for Q2 2026, up 92.7% from $164.66 million a year earlier and up 34.3% from the prior quarter.
Powered by 
Analysis
Liquidia (LQDA) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Liquidia posted Invested Capital of $177.68 million, up 1.7% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- By year, Invested Capital came in at $174.65 million in FY2024 (+92.5%), $90.71 million in FY2023 (-17.8%), $110.3 million in FY2022 (+45.8%) and $75.68 million in FY2021 (-7.0%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2019.
- Year over year, Invested Capital has now increased in each of the last three quarters, with growth averaging 43.8% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q3 2024 (growth of 136.0%); the low point was Q3 2025 (a decline of 25.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $236.22 million (Q1 2026), $177.68 million (Q4 2025) and $158.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 88.79 Bn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 134.01 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 64.89 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 95.89 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 79.44 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 50.26 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 68.99 Bn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 38.08 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 148.69 Bn |
| 10 | Liquidia | 2.49 Bn | 1.64 Bn | 160.13 Mn | 317.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 317.27 Mn |
| Mar 31, 2026 | 236.22 Mn |
| Dec 31, 2025 | 177.68 Mn |
| Sep 30, 2025 | 158.50 Mn |
| Jun 30, 2025 | 164.66 Mn |
| Mar 31, 2025 | 152.90 Mn |
| Dec 31, 2024 | 174.65 Mn |
| Sep 30, 2024 | 212.65 Mn |
| Jun 30, 2024 | 154.61 Mn |
| Mar 31, 2024 | 166.47 Mn |
| Dec 31, 2023 | 90.71 Mn |
| Sep 30, 2023 | 90.12 Mn |
| Jun 30, 2023 | 92.46 Mn |
| Mar 31, 2023 | 112.26 Mn |
| Dec 31, 2022 | 110.30 Mn |
| Sep 30, 2022 | 114.78 Mn |
| Jun 30, 2022 | 121.71 Mn |
| Mar 31, 2022 | 74.87 Mn |
| Dec 31, 2021 | 75.68 Mn |
| Sep 30, 2021 | 83.30 Mn |
API Access
Liquidia Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=LQDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "LQDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=LQDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();