LIQTECH INTERNATIONAL INCLIQTEarnings & Financial Report
Liqtech International Inc. is a technology firm specializing in the development, production and distribution of advanced silicon carbide membrane filtration and purification solutions. Its products serve sectors including maritime, industrial wastewater treatment, food and beverage, and renewable energy, with key markets covering North America, Europe and the Asia-Pacific region.
Revenue
$4.5M
Gross Profit
$717.2K
Operating Profit
$-2.1M
Net Profit
$-2.1M
Gross Margin
16.0%
Operating Margin
-46.5%
Net Margin
-47.1%
YoY Growth
-10.1%
EPS
$-0.36
Financial Flow
LIQTECH INTERNATIONAL INC Q2 2024 Financial Summary
LIQTECH INTERNATIONAL INC reported revenue of $4.5M (down 10.1% YoY) for Q2 2024, with a net profit of $-2.1M (down 35.8% YoY) (-47.1% margin). Cost of goods sold was $3.8M, operating expenses totaled $2.8M.
Key Financial Metrics
| Total Revenue | $4.5M |
|---|---|
| Net Profit | $-2.1M |
| Gross Margin | 16.0% |
| Operating Margin | -46.5% |
| Report Period | Q2 2024 |
LIQTECH INTERNATIONAL INC Annual Revenue by Year
LIQTECH INTERNATIONAL INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $16.5M |
| 2024 | $14.6M |
| 2023 | $18.0M |
| 2022 | $16.0M |
LIQTECH INTERNATIONAL INC Quarterly Revenue & Net Profit History
LIQTECH INTERNATIONAL INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $3.1M | -8.2% | $-2.6M | -83.0% |
| Q3 2025 | $3.8M | +53.6% | $-1.4M | -37.6% |
| Q2 2025 | $5.0M | +10.5% | $-2.2M | -43.4% |
| Q1 2025 | $4.6M | +9.0% | $-2.4M | -50.9% |
| Q4 2024 | $3.4M | -13.3% | $-3.0M | -88.2% |
| Q3 2024 | $2.5M | -51.1% | $-2.8M | -114.6% |
| Q2 2024 | $4.5M | -10.1% | $-2.1M | -47.1% |
| Q1 2024 | $4.2M | +5.6% | $-2.4M | -56.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2M | $4.5M | $2.5M | $3.4M | $4.6M | $5.0M | $3.8M | $3.1M |
| YoY Growth | 5.6% | -10.1% | -51.1% | -13.3% | 9.0% | 10.5% | 53.6% | -8.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $31.4M | $28.6M | $28.7M | $32.4M | $31.7M | $31.7M | $30.3M | $27.3M |
| Liabilities | $16.8M | $16.3M | $17.3M | $15.8M | $17.5M | $17.8M | $17.5M | $16.9M |
| Equity | $14.5M | $12.3M | $11.4M | $16.7M | $15.1M | $13.9M | $12.8M | $10.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.0M | $-1.8M | $-1.7M | $-2.0M | $-1.3M | $-1.6M | $-1.1M | $-2.1M |