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How Liquidmetal Technologies (LQMT) makes money

Liquidmetal Technologies (LQMT) made $196K of revenue in the second quarter 2026 (Q2 2026), -32% from a year earlier. Product brought in $193K (98%); License brought in $3K (2%).

Drawing the Sankey…

Liquidmetal Technologies revenue by segment, Q2 2026Liquidmetal Technologies revenue by segment, Q2 2026Product$193KLicense$3K
Liquidmetal Technologies: revenue by line, Q4 2024 to Q2 2026Liquidmetal Technologies: revenue by line, Q4 2024 to Q2 2026ProductLicenseProduct: $193K latest$193KLicense: $3K latestQ4 2024Q3 2025Q2 2026
Product went from 86% of revenue in Q4 2024 to 98% in Q2 2026, the largest shift in the mix.
Liquidmetal Technologies revenue by quarterLiquidmetal Technologies revenue by quarter$129KQ4 2024$282KQ1 2025$289KQ2 2025$37KQ3 2025$176KQ4 2025$256KQ1 2026$196KQ2 2026
Liquidmetal Technologies: where each dollar of revenue goesLiquidmetal Technologies: where each dollar of revenue goesIncome tax1¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Product$193K98.5%—-33%
License$3K1.5%——

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$196K100.0%
Income tax$1K0.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$196K-32%
Q1 2026$256K-9%
Q4 2025$176K+36%
Q3 2025$37K-88%
Q2 2025$289K+19%
Q1 2025$282K+63%
Q4 2024$129K-55%

From Liquidmetal Technologies' 10-Q filed Aug 6, 2026 (on EDGAR).

Questions

How does Liquidmetal Technologies make money?

Liquidmetal Technologies (LQMT) made $196K of revenue in the second quarter 2026 (Q2 2026), -32% from a year earlier. Product brought in $193K (98%); License brought in $3K (2%).

What is Liquidmetal Technologies' biggest business?

Product: $193K in the second quarter 2026, 98% of revenue, -33% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.