Filing Flows › Liquidia (LQDA) › Operating margin
Liquidia (LQDA) operating margin by quarter
Liquidia's operating margin was 49.8% in Q2 2026 (second quarter 2026), +3.5 pts from Q1 2026. Over the last 3 quarters it ranged from 21.5% (Q4 2025) to 49.8% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 49.8% | +3.5 pts | — |
| Q1 2026 | 46.3% | +24.8 pts | — |
| Q4 2025 | 21.5% | — | — |
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 operating margin?
Liquidia's operating margin was 49.8% in Q2 2026 (second quarter 2026), +3.5 pts from Q1 2026.
How has Liquidia's operating margin changed?
Over the last 3 quarters it ranged from 21.5% (Q4 2025) to 49.8% (Q2 2026).