LiqTech International (NASDAQ:LIQT) Releases Earnings Results, Misses Expectations By $0.10 EPS

LiqTech International (NASDAQ:LIQT) issued its quarterly earnings results on Friday. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.10), Zacks reports. LiqTech International had a negative return on equity of 61.21% and a negative net margin of 53.25%.The business had revenue of $3.13 million during the quarter, compared to the consensus estimate of $5.20 million.

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

• Reported FY2025 revenue of $16.5M (+13%), gross margin improved to 7.6% and adjusted EBITDA loss narrowed to −$5.0M; management guides $23M–$27M for 2026 with a positive full‑year adjusted EBITDA target.
• Commercial pool business achieved a record 34 systems sold and $2.6M revenue in 2025, with management forecasting ~$5M–$6M in 2026 driven by the standardized, modular QlariFlow platform.
• A delayed large oil & gas order materially impacted 2025 results; timing remains uncertain and management says it will no longer base plans on unpredictable oil project schedules.
• Marine and industrial traction is building — a China JV, new R&D/assembly and parts facilities, three marine orders (eight vessels) in backlog, and a validated oily‑wastewater deployment at North Star BlueScope Steel support a combined water for energy/industry target of $5M–$8M for 2026.
• Year‑end cash was $5.1M and management is evaluating financing options to fund growth, indicating potential capital need and dilution or funding risk.

LiqTech International Stock Performance

NASDAQ:LIQT traded up $0.19 during mid-day trading on Friday, reaching $1.99. The company’s stock had a trading volume of 28,246 shares, compared to its average volume of 6,544. The company has a current ratio of 3.50, a quick ratio of 2.30 and a debt-to-equity ratio of 0.64. The stock has a market cap of $19.16 million, a P/E ratio of -1.97 and a beta of 1.13. The firm’s fifty day moving average price is $1.69 and its two-hundred day moving average price is $2.04. LiqTech International has a 12-month low of $1.34 and a 12-month high of $3.35.

Analysts Set New Price Targets

A number of brokerages have weighed in on LIQT. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LiqTech International in a research note on Thursday, January 22nd. Ascendiant Capital Markets boosted their price target on LiqTech International from $4.00 to $4.20 and gave the stock a “buy” rating in a research report on Thursday, November 20th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $4.20.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. StoneX Group Inc. acquired a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing. Institutional investors and hedge funds own 35.06% of the company’s stock.

About LiqTech International

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.