LIQTECH INTERNATIONAL INC(LIQT)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $32.6M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
LIQT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for LIQTECH INTERNATIONAL INC (LIQT), a Industrials sector company. LIQT is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $32.6m in revenue. Based on the latest XBRL financial filings (Q1 2026), LIQTECH INTERNATIONAL INC reports quarterly revenue of $4.1M, net income of $-2.7M, an operating margin of -55.0%. Top institutional holders of LIQT by reported 13-F value include Bleichroeder, MORGAN STANLEY, Clear Harbor Asset Management,, based on the most recent SEC filings. LIQT trades on the Nasdaq exchange and files with the SEC under CIK 1307579. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LIQT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for LIQTECH INTERNATIONAL INC directly from SEC EDGAR.
Revenue
Q1 2026
$4.1M
Net Income
Q1 2026
$-2.7M
Free Cash Flow
Q1 2026
$-2.2M
Operating Margin
Q1 2026
-55.0%
ROIC
Q1 2026
-29.9%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+13.0% YoYNet Income
+17.6% YoYOperating Income
+12.4% YoYEPS (Diluted)
Total Assets
-15.9% YoYTotal Debt
Op. Cash Flow
+18.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $16.5M +13.0% | $14.6M -18.9% | $18.0M +12.6% | $16.0M -12.5% | $18.3M -44.0% | $32.6M |
| Net Income | $-8.5M +17.6% | $-10.3M -20.7% | $-8.6M +39.5% | $-14.2M -27.3% | $-11.1M -28187.0% | $39.6K |
| Operating Income | $-8.3M +12.4% | $-9.5M -21.7% | $-7.8M +37.8% | $-12.5M -17.3% | $-10.7M -1751.8% | $-577.1K |
| EPS (Diluted) | — | — | — | — | — | $0.00 |
| Total Assets | $27.3M -15.9% | $32.4M -9.9% | $36.0M -10.4% | $40.1M -10.9% | $45.1M +16.8% | $38.6M |
| Total Debt | — | — | — | — | $6.2M | — |
| Operating Cash Flow | $-6.1M +18.9% | $-7.5M -80.1% | $-4.2M +65.2% | $-12.0M -67.1% | $-7.2M -58.4% | $-4.5M |
AI Insight: LIQT Financial Trends
LiqTech remains unprofitable and cash-negative with deteriorating equity base; revenue volatility offers no sustainable growth signal.
• Revenue collapsed to $3–5M quarterly range in 2025–2026 vs. $2–4M in 2024; no consistent growth trajectory.
• Net losses persist across all 8 quarters ($1–3M per quarter); Q3 2025 marked only quarter approaching breakeven at –$1M net income.
• Equity eroded 33% from $12M (Q2 2024) to $8M (Q1 2026) amid cumulative losses and absent debt disclosure.
⚠ Operating cash flow consistently negative (–$1 to –$2M/quarter); no cash generation despite cost structure.
⚠ Q4 2025 sharp reversal: net loss widened to –$3M and revenue fell to $3M after Q1–Q3 2025 stabilization attempts.
AI Insight: LIQT Ratio Trends
LiqTech remains deeply unprofitable with negative operating margins between -35% and -106% across all periods; Q3 2025 showed temporary improvement before reverting to losses.
• Operating margin deteriorated from -35.0% in Q3 2025 to -85.8% in Q4 2025, then -55.0% in Q1 2026, signaling volatile and persistent operational underperformance.
• ROA improved from -39.6% in Q3 2024 to -18.9% in Q3 2025, though latest TTM ROA of -35.6% suggests reversal of gains.
• Net profit margin worsened from -37.6% in Q3 2025 to -65.5% in Q1 2026, indicating accelerating cash burn despite slight revenue base.
⚠ Q4 2025 and Q1 2026 show sharp margin deterioration; Q3 2025 false-hope rebound raises questions about one-time items masking structural losses.
⚠ ROE collapsed to -142.1% in Q1 2026 from -44.7% in Q3 2025—largest quarterly decline in 18-month history; indicates shareholder value destruction.
⚠ No D/E data reported; inability to assess leverage trajectory during period of sustained losses limits solvency assessment.
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Available Research
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Top Institutional Holders of LIQT
Bleichroeder LP
$6.1M3,182,239 shMORGAN STANLEY
$590.8K309,303 shClear Harbor Asset Management, LLC
$116.0K60,756 shHighTower Advisors, LLC
$115.4K60,432 shGEODE CAPITAL MANAGEMENT, LLC
$113.2K59,235 shVANGUARD CAPITAL MANAGEMENT LLC
$93.9K49,175 shWealthTrust Axiom LLC
$87.9K46,016 shMesirow Financial Investment Management, Inc.
$49.2K25,737 shVANGUARD FIDUCIARY TRUST CO
$42.0K21,970 shMISSION WEALTH MANAGEMENT, LP
$35.8K18,750 sh
| Fund | Value | Shares |
|---|---|---|
| Bleichroeder LP | $6.1M | 3,182,239 |
| MORGAN STANLEY | $590.8K | 309,303 |
| Clear Harbor Asset Management, LLC | $116.0K | 60,756 |
| HighTower Advisors, LLC | $115.4K | 60,432 |
| GEODE CAPITAL MANAGEMENT, LLC | $113.2K | 59,235 |
| VANGUARD CAPITAL MANAGEMENT LLC | $93.9K | 49,175 |
| WealthTrust Axiom LLC | $87.9K | 46,016 |
| Mesirow Financial Investment Management, Inc. | $49.2K | 25,737 |
| VANGUARD FIDUCIARY TRUST CO | $42.0K | 21,970 |
| MISSION WEALTH MANAGEMENT, LP | $35.8K | 18,750 |
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Popular Research
Is LIQT a good stock to buy?
13F Pro's AI-powered analysis of LIQTECH INTERNATIONAL INC (LIQT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for LIQT are available on the LIQT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own LIQT?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling LIQT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of LIQTECH INTERNATIONAL INC's investment landscape.