Filing Flows › Liquidmetal Technologies (LQMT) › Q2 2025
Liquidmetal Technologies (LQMT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Liquidmetal Technologies (LQMT) reported revenue of $289K for the second quarter 2025 (Q2 2025), +19% from a year earlier and +2% from the quarter before. Operating margin was -294.8%, net loss $525K (181.7% of revenue).
Liquidmetal Technologies, Q2 2025: revenue $289K (+19% year over year), operating margin -294.8%, net loss $525K, operating cash flow −$280K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $289K | +2% | +19% |
| Operating profit | −$852K | — | — |
| Net earnings | −$525K | — | — |
| Operating cash flow | −$280K | — | — |
What changed
Revenue was $289K in Q2 2025, up 19% year over year and up 2% from the previous quarter.
Gross margin was 26.6%, up 3.9 points from a year earlier. Operating costs exceeded revenue by $852K, an operating margin of -294.8%. Operating expenses grew 8% against revenue growth of 19%. The quarter ended with a net loss of $525K, narrower than the previous quarter's $568K loss. Minority interests bore $1K of it: to shareholders the quarter was a loss of $524K. Non-operating items added $328K, -63% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$280K. Non-cash charges added back $81K of depreciation and amortization and $33K of share-based compensation. Working capital and other items added $131K.
Questions
What was Liquidmetal Technologies' revenue in the second quarter 2025?
Liquidmetal Technologies (LQMT) reported revenue of $289K for the second quarter 2025 (Q2 2025), +19% from a year earlier and +2% from the quarter before.
Was Liquidmetal Technologies profitable in the second quarter 2025?
Operating loss was $852K (-294.8% of revenue) and net loss $525K.