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LQDTLiquidity Services, Inc.
$38.03$1.2B
Overview & Verdict
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LQDT logoLiquidity Services, Inc.(LQDT)Earnings, Financials & Key Ratios

LQDT•NASDAQ
$38.03
43.7× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustrySpecialty RetailSub-IndustryResale, Thrift and Liquidation Retail
AboutLiquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services. It operates through four segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination. It also provides marketplace for corporations located in the North America, Europe, Australia, Asia, and Africa to sell manufacturing surplus, salvage capital assets, and scrap material, as well as offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services. In addition, the company operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. It offers products from industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. Liquidity Services, Inc. was incorporated in 1999 and is headquartered in Bethesda, Maryland.Show more
  • Revenue$477M+31.2%
  • EBITDA$45M+28.0%
  • Net Income$28M+40.5%
  • EPS (Diluted)0.87+38.1%
  • Gross Margin43.81%-14.0%
  • EBITDA Margin9.54%-2.4%
  • Operating Margin7.36%+14.2%
  • Net Margin5.89%+7.1%
  • ROE14.56%+25.3%

LQDT Price & Volume

Liquidity Services, Inc. (LQDT) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Revenue Volatility Challenges Operating Margin Scalability

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Operational margin sensitivity

Key Thesis Takeaways

  • Liquidity Services maintains a fortress-like balance sheet with $195.3 million in cash, yet the firm struggles to translate marketplace activity into consistent operating leverage, as evidenced by operating margins that have failed to exceed 9.3% over the last ten quarters.
  • While the company benefits from a low debt-to-equity ratio of 0.07, investors should remain cautious regarding the structural compression of gross margins, which have declined from 55.8% in 2024Q1 to 44.1% in 2026Q2.
  • Future performance remains tethered to the unpredictable nature of asset liquidations and the ability to manage rising stock-based compensation, which reached $4.3 million in 2026Q2.

Verdict Logic

while the company holds a strong cash position of $195.3 million, the current P/E TTM of 44.93 appears elevated given the inconsistent operating margin performance and the ongoing compression of gross margins to 44.1%.

LQDT Growth Metrics

Liquidity Services, Inc. (LQDT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.84%
5 Years18.28%
3 Years19.4%
TTM9.26%

Profit CAGR

10 Years-
5 Years-
3 Years-11.35%
TTM19.84%

EPS CAGR

10 Years-
5 Years-
3 Years-10.16%
TTM17.72%

Return on Capital

10 Years1.59%
5 Years18.57%
3 Years14.63%
Last Year17.31%

LQDT Recent Earnings

Liquidity Services, Inc. (LQDT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.35+16.7%
$0.30
Rev
$121M+128.4%
$53M
Q1 2026
Feb 5, 2026
Metric
Actual
Est
EPS
$0.39+25.8%
$0.31
Rev
$121M+134.2%
$52M
Q4 2025
Nov 20, 2025
Metric
Actual
Est
EPS
$0.37+27.6%
$0.29
Rev
$118M+17.1%
$101M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.34+9.7%
$0.31
Rev
$120M+8.9%
$110M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.35vs $0.30+16.7%
$121Mvs $53M+128.4%
Q1 2026Feb 5, 2026
$0.39vs $0.31+25.8%
$121Mvs $52M+134.2%
Q4 2025Nov 20, 2025
$0.37vs $0.29+27.6%
$118Mvs $101M+17.1%
Q3 2025Aug 7, 2025
$0.34vs $0.31+9.7%
$120Mvs $110M+8.9%
Based on last 12 quarters of dataView full earnings history →

Latest LQDT News

Recent stock market news and headlines for Liquidity Services, Inc. (LQDT)

GlobeNewsWire·1 day ago
Liquidity Services Announces Third Quarter Fiscal Year 2026 Earnings Conference Call

BETHESDA, Md., July 07, 2026 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), the leading global provider of e-commerce marketplaces and software solutions powering the circular economy, today announced that it expects to report its third quarter fiscal year 2026 results prior to market open on Thursday, August 6, 2026. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will then host a conference call to review the results at 10:30 AM Eastern Time.

GlobeNewsWire·1 day ago
Liquidity Services Announces Appointment of new Chief Human Resources Officer

BETHESDA, Md., July 06, 2026 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), the leading global provider of e-commerce marketplaces and software solutions powering the circular economy, today announced the appointment of Karen Fascenda as its new Chief Human Resources Officer (CHRO), effective July 6, 2026. Fascenda succeeds Novelette Murray who will retire from the same role effective July 6, 2026, following a distinguished tenure leading the Company's global human resources function.

Globe News Wire·1 day ago
Liquidity Services Announces Appointment of new Chief Human Resources Officer

BETHESDA, Md. , July 06, 2026 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; www. liquidityservices. com), the leading global provider of e-commerce marketplaces and software solutions powering the circular economy, today announced the appointment of Karen Fascenda as its new Chief Human Resources Officer (CHRO), effective July 6, 2026.

The Motley Fool·Jun 29, 2026
What This $398,000 Liquidity Services Insider Sale Might Mean for Investors After a 65% Stock Rally

A LQDT insider reported an indirect sale of 10,139 Common Stock shares on June 24, 2026, valued at $398,000 using a weighted-average price of around $39.24 per share. This sale accounted for approximately 21% of Daunt's indirect Common Stock holdings via a family trust, reducing indirect ownership from 48,225 to 38,086 shares.

GlobeNewsWire·Jun 29, 2026
Miami-Dade County to Host Industry Day for Historic Courthouse Redevelopment Opportunity

MIAMI, June 29, 2026 (GLOBE NEWSWIRE) -- Miami-Dade County will host an upcoming Industry Day to provide developers, investors, and stakeholders with an inside look at the highly anticipated sale of the Historic Dade County Courthouse, located at 73 W. Flagler Street in Downtown Miami.

Peers Comparison

Key metrics vs top competitors for Liquidity Services, Inc. (LQDT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LQDT logoLQDTLiquidity Services, Inc.Current
$38.03$1.19B43.7131.2%5.89%14.56%—
RILY logoRILYBRC Group Holdings, Inc.
$7.46$276.99M0.76-11.45%35.63%——
HGV logoHGVHilton Grand Vacations Inc.
$51.23$4.16B57.561.32%3.84%13.33%—
CPRT logoCPRTCopart, Inc.
$29.27$27.1B18.419.68%33.48%16.61%—
KAR logoKAROPENLANE, Inc.
$27.44$2.91B16.738.16%9.19%11.56%—
EBAY logoEBAYeBay Inc.
$114.71$52.42B26.437.95%17.58%44.12%—

Compare LQDT vs Peers

Liquidity Services, Inc. (LQDT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RILY

Most directly comparable listed peer for LQDT.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare LQDT against a more recognizable public peer.

Peer Set

Compare Top 5

vs RILY, HGV, CPRT, KAR

LQDT SEC Filings & Documents

Liquidity Services, Inc. (LQDT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 20, 2025·SEC

FY 2024

Dec 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2026

Feb 5, 2026·SEC

FY 2025

Aug 7, 2025·SEC

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LQDT Frequently Asked Questions

Liquidity Services, Inc. (LQDT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Liquidity Services, Inc.'s revenue?

Liquidity Services, Inc. (LQDT) reported $479.9M in revenue for fiscal year 2025. This represents a 533% increase from $75.9M in 2004.

How fast is Liquidity Services, Inc. growing?

Liquidity Services, Inc. (LQDT) grew revenue by 31.2% over the past year. This is strong growth.

Is LQDT profitable?

Yes, Liquidity Services, Inc. (LQDT) is profitable, generating $30.2M in net income for fiscal year 2025 (5.9% net margin).

Dividend & Returns
What is LQDT's return on equity?

Liquidity Services, Inc. (LQDT) has a return on equity (ROE) of 14.6%. This is reasonable for most industries.

What is Liquidity Services, Inc.'s free cash flow?

Liquidity Services, Inc. (LQDT) generated $77.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in LQDT back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →