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LQDA — Liquidia Corporation

LQDA (Liquidia Corporation) stock: $44.40, $3.97B market cap, $284.2M cash, $3.69B EV, $4.56B fully diluted market cap. Lead program: LIQ861 (treprostinil) inhalation powder (Pulmonary Arterial Hypertension (PAH)), Phase 4. Data from Fully Diluted's biotech stocks database.

What they do

We are a biopharmaceutical company driven by science and compassion to revolutionize care for patients with challenging respiratory and vascular diseases such as pulmonary arterial hypertension (“PAH”) and pulmonary hypertension associated with interstitial lung disease (“PH-ILD”).

Source: 10-K FY2025 via SEC EDGAR

Share price
$44.40
Market cap
$3,974.2M
Cash
$284.2M
Enterprise value
$3,690.0M

Balance sheet

Cash$284.2M
Debt$0.0M
Net cash$284.2M
Enterprise value$3,690.0M
Basic shares89.5M shares
Fully diluted shares102.7M shares
Fully diluted market cap$4,559.6M
Cash per share$3.17
Quarterly burn+$80.2M generated

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
89.5M
Pre-funded warrants
0.0M
Options
7.8M
RSUs
4.8M
Warrants
0.0M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
0.6M
FDSO
102.7M

Cap table as of 2026-06-30.

Price history

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Next catalyst

L606 · Aug 12 - Sep 23 in 34 mo · Phase 3 · Pulmonary Hypertension Due to Lung Disease (Disorder)

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