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Nasdaq · Industrials

LIQUIDITY SERVICES INC (LQDT)

As-reported financials and SEC filings for LIQUIDITY SERVICES INC. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About LIQUIDITY SERVICES INC

Liquidity Services Inc operates global e-commerce marketplaces and software solutions focused on the circular economy by facilitating the sale and management of surplus assets. Its platforms serve government agencies, commercial businesses, and individual buyers and sellers, offering auction marketplaces, asset management, and software services. The company’s segments include GovDeals for government surplus, Retail Supply Chain Group for consumer goods, Capital Assets Group for industrial assets, and Machinio & Software Solutions for equipment sales and auction software.

Snapshot

Revenue
$476.7M
Revenue growth (YoY)
31.2%
Net income
$28.1M
Diluted EPS
$0.87
Gross margin
Operating margin
7.4%
Net margin
5.9%
FCF margin
12.4%
ROE
13.8%
net income / fiscal-year-end equity
P/E
40.9×
trailing when available, otherwise FY EPS
Market cap
$1.31B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Liquidity Services

  • Revenue grew 31.2% to $477M in FY2025, faster than the 15.5% the year before.
  • Operating margin is 7.4% in FY2025, -3.2 pp against 10.5% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $130M, up 8.1% from Q3 FY2025.
  • Free cash flow was $59M in FY2025, 12.4% of revenue.
  • Net income rose 40.5% to $28M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Liquidity Services’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin7.4%
57th percentile of 605
Net margin5.9%
61st percentile of 645
FCF margin12.4%
77th percentile of 562
Revenue growth (YoY)+31.2%
90th percentile of 668
ROE13.8%
69th percentile of 600
P/E40.9×
81st percentile of 434
Short interest3.73d
58th percentile of 676

Liquidity Services’s revenue growth of +31.2% ranks in the 90th percentile of the 668 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 15 insider sales totaling $3.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$71.9M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$56.3M1.4MReduced
D. E. ShawquantQ2 2026$6.6M169.0KAdded
Two Sigma InvestmentsquantQ2 2026$3.7M94.4KReduced
AQR Capital ManagementquantQ2 2026$2.5M63.1KAdded
Citadel AdvisorsquantQ2 2026$1.7M44.4KAdded
Millennium ManagementquantQ2 2026$851,60321.8KReduced
Point72 Asset ManagementquantQ2 2026$250,8376.4KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
15
$3.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-03
filed 2026-08-05
Daunt JohnEVP, Chief Commercial OfficerSell390$39.00$15K
2026-08-03
filed 2026-08-05
Daunt JohnEVP, Chief Commercial OfficerSell325$39.00$13K
2026-07-01
filed 2026-07-06
Daunt JohnEVP, Chief Commercial OfficerSell389$39.13$15K
2026-07-01
filed 2026-07-06
Daunt JohnEVP, Chief Commercial OfficerSell73$39.13$3K
2026-06-26
filed 2026-06-30
Daunt JohnEVP, Chief Commercial OfficerSell39$39.09$2K
2026-06-24
filed 2026-06-26
Daunt JohnEVP, Chief Commercial OfficerSell7.5K$39.22$296K
2026-06-24
filed 2026-06-26
Daunt JohnEVP, Chief Commercial OfficerSell2.6K$39.29$102K
2026-06-23
filed 2026-06-24
Mateus-Tique JaimeDirectorSell38.5K$37.99$1.5M
2026-06-22
filed 2026-06-24
Mateus-Tique JaimeDirectorSell1.0K$37.95$38K
2026-06-18
filed 2026-06-22
Mateus-Tique JaimeDirectorSell9.8K$37.95$372K
2026-06-16
filed 2026-06-17
Mateus-Tique JaimeDirectorSell33.7K$37.95$1.3M
2026-06-15
filed 2026-06-17
Mateus-Tique JaimeDirectorSell2.0K$37.95$76K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.0M
settled 2026-08-14
Change vs prior
-0.7%
vs previous settlement
Days to cover
3.73
at avg daily volume
Avg daily volume
269.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.0M-0.7%3.73
2026-07-311.0M+3.1%5.02
2026-07-15982.3K+12.9%5.69
2026-06-30869.8K+9.6%3.10
2026-06-15793.6K+10.1%5.39
2026-05-29720.8K+0.4%4.86
2026-05-15718.1K-0.0%3.81
2026-04-30718.3K-0.5%4.57

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$476.7M$363.3M$314.5M$280.1M$257.5M
Gross profit
Operating income$35.1M$23.4M$26.1M$47.4M$27.2M
Net income$28.1M$20.0M$21.0M$40.3M$50.9M
Diluted EPS$0.87$0.63$0.65$1.20$1.45

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$174.6M$153.2M$110.3M$96.1M$106.3M
Current assets$224.8M$199.2M$146.3M$129.6M$131.8M
Total assets$375.1M$346.9M$289.0M$288.1M$255.6M
Current liabilities$161.6M$155.2M$120.7M$123.5M$109.2M
Long-term debt
Total liabilities$171.9M$164.3M$127.4M$133.6M$120.6M
Total equity$203.2M$182.6M$161.5M$154.5M$135.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$66.8M$70.2M$47.0M$44.8M$65.4M
Capital expenditure$7.8M$8.9M$5.4M$8.1M$5.4M
Free cash flow$59.0M$61.3M$41.6M$36.7M$60.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$129.6M8.1%$10.4M$0.32
Q2 FY2026$120.7M3.7%$7.5M$0.23
Q1 FY2026$121.2M-0.9%$7.5M$0.23
Q4 FY2025$118.1M10.4%$7.8M$0.24
Q3 FY2025$119.9M28.1%$7.4M$0.23
Q2 FY2025$116.4M27.3%$7.1M$0.22
Q1 FY2025$122.3M71.5%$5.8M$0.18
Q4 FY2024$106.9M33.7%$6.4M$0.20

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2015
SEC CIK1235468

Selected SEC filings

10-Q2026-08-06
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-07
View on EDGAR →
8-K2026-06-26
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.