Stocktoria
Liquidia Corp LQDA
Nasdaq · XNAS · stock · Pharmaceutical Preparations · website · IPO 2018-07-26
Chart by TradingView
3/9
Piotroski F — financial health
-4.36
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Valuation · market cap as of 2026-06-29
Market cap$7.0B
P / S43.9×
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $158.3M | $14.0M | $17.5M | $15.9M | $12.9M |
| Operating income | -$51.4M | -$121.3M | -$73.4M | -$38.8M | -$33.8M |
| Net income | -$68.9M | -$128.3M | -$78.5M | -$41.0M | -$34.6M |
| Operating cash flow | -$35.7M | -$93.4M | -$41.6M | -$28.6M | -$34.0M |
| Free cash flow | -$40.0M | -$98.4M | -$42.9M | -$29.2M | -$34.1M |
| Total assets | $327.9M | $230.3M | $118.3M | $129.2M | $93.7M |
| Total liabilities | $283.2M | $150.9M | $71.0M | $38.8M | $28.5M |
| Shareholders' equity | $44.7M | $79.4M | $47.3M | $90.4M | $65.3M |
| Ratios | |||||
| Operating margin | -32.5% | -866.6% | -419.6% | -243.3% | -263.0% |
| Net margin | -43.5% | -916.6% | -448.9% | -257.4% | -269.0% |
| FCF margin | -25.3% | -702.9% | -245.0% | -183.1% | -265.6% |
| Return on assets | -21.0% | -55.7% | -66.3% | -31.7% | -36.9% |
| Return on equity | -154.0% | -161.6% | -166.0% | -45.4% | -53.0% |
| Debt / equity | — | — | — | 0.22× | 0.16× |
| Current ratio | 2.01 | 4.43 | 4.85 | 11.34 | 8.36 |
| Revenue growth | 1031.2% | -20.0% | 9.7% | 24.0% | 1637.8% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 8,100 | $305,694 |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -4.36 (distress)
- Working capital / assets 0.42
- Retained earnings / assets -1.91
- EBIT / assets -0.157
- Equity / liabilities 0.158
Sector peers
VFS · TM · HMC · SONY · AAPL · XOM · all Manufacturing →
Source: SEC EDGAR filings · CIK 0001819576 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.