Denmark's LiqTech Q2 revenue falls 12% on project delays

LiqTech International

12/08/2026 13:10

Overview
Denmark filtration technology maker's Q2 revenue fell 12% yr/yr, driven by project delivery delays
Net loss widened and adjusted EBITDA loss increased compared to Q2 2025
Company revised FY 2026 revenue guidance downward due to Water for Energy project delays

Outlook
Company revises FY 2026 revenue guidance to $20 mln-$23 mln, citing project delays
LiqTech shifting focus to markets with more repeatable demand and stronger revenue visibility
Company sees improved near-term opportunity visibility in industrial water treatment applications

Result Drivers
WATER FOR ENERGY DELAYS - Revenue decline was driven by delayed delivery of a large Water for Energy project, per company
COMMERCIAL POOL GROWTH - Record Commercial Pool revenue and successful project completions contributed to segment growth, per company
PLASTICS AND DPF WEAKNESS - Plastics and diesel particulate filter revenue declined due to slower customer purchasing and raw material supply constraints, per company

Company press release: ID:nGNX7Tppdc

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$4.40 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for LiqTech International Inc is $4.40, about 528.6% above its August 11 closing price of $0.70

Reuters Recommended Reads
Aug 10 - Consolidated Water Q2 revenue falls on manufacturing segment weakness
Aug 11 - 374Water Q2 revenue more than triples year over year
Aug 10 - Canada's Electrovaya Q3 revenue misses estimates on program delivery delays

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)