Liqtech International (LIQT) Research & Development (2010 - 2026)
Liqtech International (LIQT) recorded Research & Development of $271,745 in Q2 2026, up 12.0% from $242,556 a year earlier but down 1.6% from the prior quarter.
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Analysis
Liqtech International (LIQT) Research & Development (2010 - 2026) Analysis & Trends
On a TTM basis, Liqtech International's Research & Development came in at $1.24 million as of Jun 30, 2026, up 6.6% year-over-year; for FY2025, it was $1.16 million, down 13.9% from FY2024.
- Annual Research & Development has declined for four straight years, with a five-year compound annual growth rate of -1.9% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $1.35 million in FY2024 (-4.7%), $1.42 million in FY2023 (-22.7%), $1.84 million in FY2022 (-1.4%) and $1.86 million in FY2021 (+45.7%).
- Quarterly Research & Development has ranged from $230,123 in Q1 2025 to $602,737 in Q1 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for three consecutive quarters, with an average decline of 1.4% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 94.3% in Q3 2021, against a decline of 43.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $276,134 (Q1 2026), $421,546 (Q4 2025) and $269,426 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.71 Bn | 78.69 Bn | 2.07 Bn | - |
| 2 | Veralto | 28.52 Bn | 21.15 Bn | 908.00 Mn | 69.00 Mn |
| 3 | Xylem | 22.63 Bn | 18.36 Bn | 907.00 Mn | 56.00 Mn |
| 4 | Badger Meter | 4.51 Bn | 3.92 Bn | 98.85 Mn | - |
| 5 | Ceco Environmental | 2.29 Bn | 2.11 Bn | 86.47 Mn | - |
| 6 | NWPX Infrastructure | 887.68 Mn | 845.76 Mn | 38.19 Mn | - |
| 7 | Energy Recovery | 377.64 Mn | 40.09 Mn | 4.20 Mn | 3.12 Mn |
| 8 | Cadiz | 305.87 Mn | 270.99 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 179.92 Mn | 59.54 Mn | - | 172,807.00 |
| 10 | Liqtech International | 6.55 Mn | -24.26 Mn | 365,539.00 | 271,745.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 271,745.00 |
| Mar 31, 2026 | 276,134.00 |
| Dec 31, 2025 | 421,546.00 |
| Sep 30, 2025 | 269,426.00 |
| Jun 30, 2025 | 242,556.00 |
| Mar 31, 2025 | 230,123.00 |
| Dec 31, 2024 | 411,595.00 |
| Sep 30, 2024 | 278,361.00 |
| Jun 30, 2024 | 407,292.00 |
| Mar 31, 2024 | 254,812.00 |
| Dec 31, 2023 | 287,839.00 |
| Sep 30, 2023 | 428,600.00 |
| Jun 30, 2023 | 359,784.00 |
| Mar 31, 2023 | 342,619.00 |
| Dec 31, 2022 | 458,793.00 |
| Sep 30, 2022 | 283,524.00 |
| Jun 30, 2022 | 490,836.00 |
| Mar 31, 2022 | 602,737.00 |
| Dec 31, 2021 | 492,594.00 |
| Sep 30, 2021 | 497,823.00 |
API Access
Liqtech International Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=LIQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "LIQT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=LIQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();