Growth Metrics

Liquidia (LQDA) Shares Outstanding (Diluted Average) (2020 - 2025)

Liquidia has reported Shares Outstanding (Diluted Average) over the past 6 years, most recently at $86.1 million for Q4 2025.

  • Quarterly results put Shares Outstanding (Diluted Average) at $86.1 million for Q4 2025, up 9.34% from a year ago — trailing twelve months through Dec 2025 was $86.1 million (up 9.34% YoY), and the annual figure for FY2025 was $86.1 million, up 9.34%.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $86.1 million at Liquidia, roughly flat from $85.7 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for LQDA hit a ceiling of $86.1 million in Q4 2025 and a floor of $43.4 million in Q1 2021.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $64.8 million (2023), compared with a mean of $66.7 million.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): surged 46.59% in 2021 and later increased 4.2% in 2023.
  • Liquidia's Shares Outstanding (Diluted Average) stood at $49.7 million in 2021, then grew by 22.71% to $61.0 million in 2022, then grew by 6.62% to $65.0 million in 2023, then increased by 21.1% to $78.7 million in 2024, then rose by 9.34% to $86.1 million in 2025.
  • The last three reported values for Shares Outstanding (Diluted Average) were $86.1 million (Q4 2025), $85.7 million (Q3 2025), and $85.6 million (Q2 2025) per Business Quant data.