Quick Answer
Liquidia Corp reported Operating Income of -$51.38 million for fiscal year 2025.
Liquidia Corp Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | -$51.38M | +57.6% |
| 2024 | -$121.29M | -65.3% |
| 2023 | -$73.38M | -89.3% |
| 2022 | -$38.77M | -14.7% |
| 2021 | -$33.80M | +42.8% |
| 2020 | -$59.09M | -26.2% |
| 2019 | -$46.82M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $1.77M | +106.1% | +104.7% |
| June 30, 2025 | -$37.51M | -37.9% | -5.9% |
| March 31, 2025 | -$35.42M | -23.0% | -21.4% |
| September 30, 2024 | -$29.19M | -96.0% | -7.3% |
| June 30, 2024 | -$27.20M | -19.2% | +5.6% |
| March 31, 2024 | -$28.80M | -212.0% | -93.4% |
| September 30, 2023 | -$14.89M | -68.6% | +34.8% |
| June 30, 2023 | -$22.82M | -154.5% | -147.2% |
- Liquidia Corp showed an increase of +57.6% in Operating Income compared to the prior fiscal year.
- Over the 2019–2025 period, Liquidia Corp’s operating income has declined by 9.7% (from -$46.82 million to -$51.38 million).
- The most recent figure is from Liquidia Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 5, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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