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Liquidia (LQDA) Research & Development: 2020-2025

Historic Research & Development for Liquidia (LQDA) over the last 6 years, with Sep 2025 value amounting to $9.3 million.

  • Liquidia's Research & Development fell 21.40% to $9.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $38.8 million, marking a year-over-year decrease of 12.19%. This contributed to the annual value of $47.8 million for FY2024, which is 10.64% up from last year.
  • According to the latest figures from Q3 2025, Liquidia's Research & Development is $9.3 million, which was up 55.22% from $6.0 million recorded in Q2 2025.
  • Over the past 5 years, Liquidia's Research & Development peaked at $17.7 million during Q2 2023, and registered a low of $4.5 million during Q3 2021.
  • Over the past 3 years, Liquidia's median Research & Development value was $9.4 million (recorded in 2024), while the average stood at $10.3 million.
  • Per our database at Business Quant, Liquidia's Research & Development surged by 239.05% in 2023 and then plummeted by 46.76% in 2024.
  • Liquidia's Research & Development (Quarterly) stood at $5.4 million in 2021, then dropped by 7.53% to $5.0 million in 2022, then surged by 157.82% to $12.8 million in 2023, then rose by 28.42% to $16.5 million in 2024, then fell by 21.40% to $9.3 million in 2025.
  • Its Research & Development was $9.3 million in Q3 2025, compared to $6.0 million in Q2 2025 and $7.0 million in Q1 2025.