Growth Metrics

Liquidia (LQDA) Operating Margin (2020 - 2025)

Liquidia has reported Operating Margin over the past 6 years, most recently at 21.5% for Q4 2025.

  • Quarterly results put Operating Margin at 21.5% for Q4 2025, up 125932.0% from a year ago — trailing twelve months through Dec 2025 was 32.45% (up 83418.0% YoY), and the annual figure for FY2025 was 32.45%, up 83418.0%.
  • Operating Margin for Q4 2025 was 21.5% at Liquidia, up from 3.25% in the prior quarter.
  • Over the last five years, Operating Margin for LQDA hit a ceiling of 21.5% in Q4 2025 and a floor of 1237.81% in Q4 2024.
  • Median Operating Margin over the past 5 years was 379.14% (2021), compared with a mean of 445.6%.
  • Biggest five-year swings in Operating Margin: surged 179816bps in 2021 and later crashed -76360bps in 2024.
  • Liquidia's Operating Margin stood at 353.41% in 2021, then surged by 66bps to 121.21% in 2022, then crashed by -381bps to 583.45% in 2023, then plummeted by -112bps to 1237.81% in 2024, then skyrocketed by 102bps to 21.5% in 2025.
  • The last three reported values for Operating Margin were 21.5% (Q4 2025), 3.25% (Q3 2025), and 424.41% (Q2 2025) per Business Quant data.