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Liquidia shares outstanding LQDA

Diluted shares outstanding, averaged over each quarter, from 2017.

Latest quarter, to Jun 30, 2026
101.4M
On a year earlier
+18.5%
more shares

Liquidia had 101.4M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 18.5% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202587.1M+3%
FY202484.6M+29%
FY202365.7M+2%
FY202264.6M+24%
FY202152.2M+28%
FY202040.8M+100%
FY201920.3M+29%
FY201815.7M+2452%
FY2017616.3Kn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26101.4M+18%
Q1 FY26101.1M+19%
Q4 FY2587.1M+3%
Q3 FY2586.3M+10%
Q2 FY2585.6M+12%
Q1 FY2585.2M+13%
Q4 FY2484.6M+29%
Q3 FY2478.3M+21%
Q2 FY2476.4M+18%
Q1 FY2475.4M+17%
Q4 FY2365.7M+2%
Q3 FY2364.9M+1%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Liquidia

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.