LiqTech International Reports Q2 2025 Financial Results

Liqtech International ( (LIQT) ) has released its Q2 earnings. Here is a breakdown of the information Liqtech International presented to its investors.

LiqTech International, Inc. is a clean technology company specializing in advanced filtration technologies, particularly using ceramic silicon carbide for gas and liquid purification, catering to challenging purification applications. In its second quarter of 2025, LiqTech reported a revenue increase to $5.0 million, marking an 11% rise from the previous year and a 7% sequential growth. Despite a net loss of $2.0 million, this was a slight improvement from the $2.1 million loss in the same quarter of 2024. The company also ended the quarter with a cash balance of $8.7 million.

Key financial highlights include a gross profit margin decrease to 9.8% from 16% the previous year, primarily due to underutilization of manufacturing capacity and one-off costs. Operating expenses decreased by 7.5% to $2.6 million, attributed to lower selling expenses and streamlined R&D functions. The company delivered six swimming pool systems, generating nearly $800,000 in revenue, and received an order for an advanced filtration system from NorthStar BlueScope Steel.

LiqTech’s strategic initiatives included the delivery of a pilot unit to Razorback Direct and improved aftermarket marine sales, driven by a new agreement in China. The company anticipates significant revenue growth in the third quarter, projecting a 52% to 68% increase from the previous year, and expects its full-year revenue to reach its highest level in four years.

Looking ahead, LiqTech’s management remains optimistic about continued revenue growth and market expansion. The company aims to build on its recent successes in pilot and commercial projects, strengthening its position in established markets such as swimming pools, ceramics, and plastics, while exploring new opportunities in diverse large-scale applications.