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| Date | Value |
|---|---|
| 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 |