LiqTech International (NASDAQ:LIQT) Announces Quarterly Earnings Results

LiqTech International (NASDAQ:LIQT) issued its earnings results on Wednesday. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.07), FiscalAI reports. The business had revenue of $4.14 million for the quarter, compared to analyst estimates of $4.50 million. LiqTech International had a negative return on equity of 71.89% and a negative net margin of 55.45%.

Here are the key takeaways from LiqTech International’s conference call:

• LiqTech said Q1 results were in line with expectations and reiterated full-year 2026 revenue guidance of DKK 23 million to DKK 27 million, with management expecting gradual quarterly improvement through the year.
• Commercial pool appears to be gaining traction, with Q1 revenue up to DKK 0.8 million from DKK 0.3 million a year ago and management calling for a record Q2 based on the current order book, including the company’s first U.S. pool system order.
• Marine activity also improved, as the company delivered two systems in Q1, expects two more in Q2, and said its China joint venture should help support more sustainable order flow in 2026.
• Revenue declined 10.4% year over year to DKK 4.1 million mainly because a large water for energy delivery from Q1 2025 did not repeat, though management said the pipeline remains active and additional projects could convert later in the year.
• Gross margin improved to 9.5% from 2.7% a year ago, aided by better system mix, higher utilization, procurement savings, and lower depreciation, while management said long-term project margins could trend toward a ~40% steady state.

LiqTech International Price Performance

NASDAQ LIQT traded down $0.02 during trading on Friday, hitting $2.10. 10,574 shares of the company’s stock were exchanged, compared to its average volume of 31,061. The company has a current ratio of 3.38, a quick ratio of 2.01 and a debt-to-equity ratio of 0.79. The company has a market cap of $20.90 million, a PE ratio of -2.28 and a beta of 1.18. LiqTech International has a fifty-two week low of $1.22 and a fifty-two week high of $3.35. The stock’s 50 day moving average price is $1.85 and its two-hundred day moving average price is $1.85.

Wall Street Analyst Weigh In

Several brokerages have commented on LIQT. Weiss Ratings downgraded LiqTech International from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, April 29th. Ascendiant Capital Markets boosted their target price on LiqTech International from $4.20 to $4.30 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $4.30.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. StoneX Group Inc. acquired a new stake in LiqTech International, Inc. (NASDAQ:LIQT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 28,788 shares of the company’s stock, valued at approximately $42,000. StoneX Group Inc. owned 0.30% of LiqTech International at the end of the most recent reporting period. Institutional investors own 35.06% of the company’s stock.

LiqTech International Company Profile

LiqTech International, Inc develops and manufactures advanced ceramic filtration systems that leverage proprietary silicon carbide (SiC) membranes to remove particulates and hydrophobic contaminants from a variety of fluid streams. The company’s core products include tubular ceramic membrane modules and complete filtration skids designed for applications where high chemical resistance, thermal stability and mechanical strength are required.

Their filtration solutions are utilized across multiple industries, including municipal and industrial water treatment, desalination pretreatment, produced water management in oil and gas operations, and process water recycling in power generation and chemical processing.