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Liquidia (LQDA) free cash flow by quarter

Liquidia's free cash flow was $69.0M in Q2 2026 (second quarter 2026), +38% from Q1 2026. Over the last 3 quarters it ranged from $42.2M (Q4 2025) to $69.0M (Q2 2026).

Liquidia free cash flow by quarterLiquidia free cash flow by quarter$42.2MQ4 2025$50.2MQ1 2026$69.0MQ2 2026
QuarterFree cash flowQ/QY/Y
Q2 2026$69.0M+38%—
Q1 2026$50.2M+19%—
Q4 2025$42.2M——

Q2 2026 at a glance

Liquidia, Q2 2026: revenue $172M (19× year over year), operating margin 49.8%, net earnings $74.7M, operating cash flow $80.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Liquidia's free cash flow?

Liquidia's free cash flow was $69.0M in Q2 2026 (second quarter 2026), +38% from Q1 2026.

How has Liquidia's free cash flow changed?

Over the last 3 quarters it ranged from $42.2M (Q4 2025) to $69.0M (Q2 2026).

Q2 2026 results → · How Liquidia makes money →