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LiqTech International Inc (LIQT)
NASDAQ:LIQT
Earnings Data
Report Date
May 19, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.25Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed clear progress: revenue growth (+13%), strong systems momentum (systems +49%), record pool sales, improved gross margins (1.7% to 7.6%), a narrower adjusted EBITDA loss, concrete operational investments (US service center, China marine R&D/warehouse), and an upbeat 2026 revenue and profitability guide ($23M–$27M with positive adjusted EBITDA). Key risks remain: delays on a large oil & gas order that impacted 2025 results, a notable decline in DPF/membrane sales, tariff uncertainty, still-negative 2025 adjusted EBITDA, and the need to secure financing to fully support 2026 scaling. Overall, highlights around standardized, higher-margin system growth and validated industrial/marine proof points outweigh the lowlights tied to timing and near-term financial strain, positioning the company as cautiously optimistic heading into 2026.Company Guidance
Revenue Growth YoY
Full-year 2025 revenue ~ $16.5M, up 13% from $14.6M in 2024, driven by stronger systems and aftermarket deliveries.
Large Increase in Systems & Aftermarket
Systems and aftermarket revenue rose to $8.2M in 2025, an increase of ~49% versus the prior-year systems figure (~CHF 5.5M), reflecting momentum in pool, industry, energy and marine system sales.
Record Commercial Pool Performance
Commercial pool business delivered the strongest year in company history: 34 pool systems shipped (24 delivered in 2025, 10 scheduled for early 2026) and pool system revenue totaled $2.6M for 2025; company guidance targets $5M–$6M in pool revenue for 2026.
Gross Margin Improvement
Gross margins improved materially to 7.6% in 2025 from 1.7% in 2024, helped by higher overall revenue and higher-contribution-margin system sales (management cites average contribution margins near 40% for segments).
Improved Adjusted EBITDA (Smaller Loss)
Adjusted EBITDA loss narrowed to negative $5.0M in 2025 from negative CHF 6.1M in 2024, showing progress toward profitability.
Ambitious 2026 Guidance and Path to Profitability
Company guided 2026 revenue of $23M–$27M (implying ~+39% to +64% vs 2025) and expects positive full-year adjusted EBITDA in the middle to high range of that revenue guidance, assuming constant currency.
Systems Revenue Expansion Expected
Management expects combined systems revenue (pool, water-for-energy, water-for-industry, marine) of $14M–$18M in 2026 versus $8.2M in systems revenue in 2025 (projected systems growth of ~70%–120%).
Commercial & Service Infrastructure Investments
Opened a dedicated US service center in Texas (partnered with Halo Systems) and expanded distribution (exclusive UK agreement with Bandwidth); broke ground on a marine R&D center in Mentong and opened a regional spare parts warehouse in China to support marine growth and localization.
Progress in Industrial & Marine Proof Points
Successful commissioning of an advanced membrane system for oily wastewater at North Star BlueScope Steel validated industrial use-case; marine backlog includes three orders for eight commercial vessels with marine 2025 revenue ~$1.5M and a 2026 target of ~$4M.
Cost Discipline and Operational Efficiency
Total operating expenses were stable at $9.6M (versus ~€9.7M prior year); G&A and selling expenses largely flat with a 4% improvement in local-currency G&A. R&D spend reduced to $1.2M from $1.4M due to focused programs.
LIQT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LIQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2026 | $1.80 | $1.99 | +10.56% |
Nov 13, 2025 | $2.19 | $2.25 | +2.74% |
Aug 13, 2025 | $1.97 | $1.93 | -2.03% |
May 14, 2025 | $1.45 | $1.50 | +3.45% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does LiqTech International Inc (LIQT) report earnings?
LiqTech International Inc (LIQT) is schdueled to report earning on May 19, 2026, Before Open (Confirmed).
What is LiqTech International Inc (LIQT) earnings time?
LiqTech International Inc (LIQT) earnings time is at May 19, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LIQT EPS forecast?
Currently, no data Available