Liquidia (LQDA) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.74
- EPS estimate
- $0.76
- EPS surprise
- −2.34%
- Revenue surprise
- +1.90%
- Revenue
- $171.7M
- Revenue estimate
- $168.5M
- Reported
- Aug 12, 2026
Liquidia reported Q2 2026 results on August 12, 2026. Earnings per share were $0.74, just short of the $0.76 estimate by 2.34%. Revenue was $171.7 million, above the $168.5 million consensus. A year earlier, in Q2 2025, the company posted a loss of $0.49 per share on revenue of $8.8 million.
The table shows a clear turn. From Q3 2021 through Q3 2025, every quarter was a loss, and quarterly revenue stayed below $10 million until Q3 2025, when it reached $54.3 million. Annual losses were $0.67 per share in 2022, $1.21 in 2023 and $1.66 in 2024, then narrowed to $0.83 in 2025 as revenue rose from $14.0 million to $158.2 million. Q4 2025 was the first profitable quarter shown, at $0.15, followed by $0.52 in Q1 2026 and $0.74 in Q2 2026. The first half of 2026 brought $304.6 million in revenue. Over the last 20 quarters, Liquidia beat the EPS estimate six times and missed 14.
Liquidia reported Q3 between November 3 and November 13 in each of the past five years. That points to early or mid-November 2026 for the next report, which will show whether quarterly revenue keeps growing.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 12, 2026 | $0.76 | $0.74 | −2.34% | $171.7M | SEC |
| Q1 2026 | May 11, 2026 | $0.41 | $0.52 | +26.77% | $132.9M | SEC |
| Q4 2025 | Mar 5, 2026 | $0.24 | $0.15 | −36.33% | $92.0M | SEC |
| Q3 2025 | Nov 3, 2025 | −$0.39 | −$0.04 | +89.73% | $54.3M | SEC |
| Q2 2025 | Aug 12, 2025 | −$0.43 | −$0.49 | −13.56% | $8.8M | SEC |
| Q1 2025 | May 8, 2025 | −$0.40 | −$0.45 | −11.14% | $3.1M | SEC |
| Q4 2024 | Mar 19, 2025 | −$0.37 | −$0.45 | −20.03% | $2.9M | SEC |
| Q3 2024 | Nov 13, 2024 | −$0.37 | −$0.30 | +19.72% | $4.4M | SEC |
| Q2 2024 | Aug 7, 2024 | −$0.34 | −$0.37 | −8.35% | $3.7M | SEC |
| Q1 2024 | May 13, 2024 | −$0.32 | −$0.54 | −66.92% | $3.0M | SEC |
| Q4 2023 | Mar 13, 2024 | −$0.24 | −$0.43 | −81.66% | $4.5M | SEC |
| Q3 2023 | Nov 7, 2023 | −$0.22 | −$0.24 | −11.58% | $3.7M | SEC |
| Q2 2023 | Aug 10, 2023 | −$0.16 | −$0.36 | −121.67% | $4.8M | SEC |
| Q1 2023 | May 4, 2023 | −$0.16 | −$0.18 | −10.50% | $4.5M | SEC |
| Q4 2022 | Mar 16, 2023 | −$0.16 | −$0.08 | +48.75% | $5.4M | SEC |
| Q3 2022 | Nov 8, 2022 | −$0.18 | −$0.14 | +20.18% | $3.2M | — |
| Q2 2022 | Aug 11, 2022 | −$0.24 | −$0.15 | +36.82% | $3.9M | — |
| Q1 2022 | May 12, 2022 | −$0.21 | −$0.30 | −44.58% | $3.5M | — |
| Q4 2021 | Mar 17, 2022 | −$0.12 | −$0.22 | −79.59% | $3.2M | — |
| Q3 2021 | Nov 3, 2021 | −$0.12 | −$0.14 | −16.67% | $3.2M | — |
Quarterly revenue
Frequently asked questions
When did Liquidia (LQDA) last report earnings?
Liquidia last reported on Aug 12, 2026, covering fiscal Q2 2026.
Did LQDA beat earnings estimates?
No. Liquidia reported EPS of $0.74 for Q2 2026 against a $0.76 estimate — a 2.34% miss.
How much revenue did LQDA report last quarter?
Liquidia reported $171.7M in revenue for Q2 2026, against a consensus estimate of $168.5M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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