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Liquidia (LQDA) Product sales, net revenue by quarter

Liquidia's Product sales, net revenue was $170M in Q2 2026 (second quarter 2026), +31% from Q1 2026. Over the last 5 quarters it ranged from $6.5M (Q2 2025) to $170M (Q2 2026).

Liquidia Product sales, net revenue by quarterLiquidia Product sales, net revenue by quarter$6.5MQ2 2025$51.7MQ3 2025$90.1MQ4 2025$130MQ1 2026$170MQ2 2026
QuarterProduct sales, net revenueQ/QY/Y
Q2 2026$170M+31%26×
Q1 2026$130M+44%—
Q4 2025$90.1M+74%—
Q3 2025$51.7M+693%—
Q2 2025$6.5M——

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 Product sales, net revenue?

Liquidia's Product sales, net revenue was $170M in Q2 2026 (second quarter 2026), +31% from Q1 2026.

How has Liquidia's Product sales, net revenue changed?

Over the last 5 quarters it ranged from $6.5M (Q2 2025) to $170M (Q2 2026).

Q2 2026 results → · How Liquidia makes money →