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

LiqTech International (NASDAQ:LIQT) issued its quarterly earnings results on Friday. The company reported ($0.27) 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 Trading Up 10.6%

LiqTech International stock traded up $0.19 during trading hours on Friday, reaching $1.99. The stock had a trading volume of 28,246 shares, compared to its average volume of 6,544. The company has a fifty day simple moving average of $1.69 and a 200-day simple moving average of $2.04. LiqTech International has a 52 week low of $1.34 and a 52 week high of $3.35. The stock has a market cap of $19.16 million, a PE ratio of -1.97 and a beta of 1.13. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.50 and a quick ratio of 2.30.

Hedge Funds Weigh In On LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. StoneX Group Inc. acquired a new position in LiqTech International, Inc. (NASDAQ:LIQT) in the fourth quarter, according to the company in its most recent filing 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 approximately 0.30% of LiqTech International at the end of the most recent quarter. Institutional investors own 35.06% of the company’s stock.

Analysts Set New Price Targets

LIQT has been the topic of several research reports. Ascendiant Capital Markets upped their price target on LiqTech International from $4.00 to $4.20 and gave the company a “buy” rating in a report on Thursday, November 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of LiqTech International in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $4.20.

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.