Liquidia (LQDA) Net Margin (2020 - 2026)
Liquidia (LQDA) reported Net Margin of 43.52% for Q2 2026, up 514.03 percentage points from -470.51% a year earlier and up 3.74 percentage points from the prior quarter.
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Analysis
Liquidia (LQDA) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Liquidia's Net Margin came in at 30.74%, up 804.45 percentage points year-over-year; for FY2025, it was -43.53%, up 873.16 percentage points from FY2024.
- Net Margin has a five-year change of +8036.58 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -916.69% in FY2024 (-467.80 pp), -448.89% in FY2023 (-191.50 pp), -257.39% in FY2022 (+11.65 pp) and -269.03% in FY2021 (+7811.08 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin in data going back to Q4 2020.
- Year over year, Net Margin has now increased in each of the last five quarters, with an average year-over-year change of +365.44 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 1815.29 percentage points); the low point was Q1 2024 (a drop of 750.81 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 39.79% (Q1 2026), 15.84% (Q4 2025) and -6.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 21.86% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 21.27% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | -8.04% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 22.61% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 18.81% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 23.62% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | -134.51% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | -1.65% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 32.99% |
| 10 | Liquidia | 6.56 Bn | 5.71 Bn | 160.13 Mn | 43.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.52% |
| Mar 31, 2026 | 39.79% |
| Dec 31, 2025 | 15.84% |
| Sep 30, 2025 | -6.50% |
| Jun 30, 2025 | -470.51% |
| Mar 31, 2025 | -1,229.71% |
| Dec 31, 2024 | -1,320.50% |
| Sep 30, 2024 | -697.62% |
| Jun 30, 2024 | -783.49% |
| Mar 31, 2024 | -1,012.21% |
| Dec 31, 2023 | -605.83% |
| Sep 30, 2023 | -429.31% |
| Jun 30, 2023 | -491.37% |
| Mar 31, 2023 | -261.41% |
| Dec 31, 2022 | -121.88% |
| Sep 30, 2022 | -287.27% |
| Jun 30, 2022 | -241.12% |
| Mar 31, 2022 | -456.56% |
| Dec 31, 2021 | -359.66% |
| Sep 30, 2021 | -229.03% |
API Access
Liquidia Net Margin 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=net-margin&ticker=LQDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=LQDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();