Liquidity Services, Inc.

NasdaqGS:LQDT Stock Report

Market Cap: US$1.1b

Liquidity Services Past Earnings Performance

Past criteria checks 5/6

Liquidity Services's earnings have been declining at an average annual rate of -11.7%, while the Commercial Services industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 15.4% per year. Liquidity Services's return on equity is 13.6%, and it has net margins of 6.3%.

Key information

-11.68%

Earnings growth rate

-9.67%

EPS growth rate

Commercial Services Industry Growth8.53%
Revenue growth rate15.37%
Return on equity13.62%
Net Margin6.30%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Feb 12

Liquidity Services' (NASDAQ:LQDT) Strong Earnings Are Of Good Quality

Liquidity Services, Inc. ( NASDAQ:LQDT ) recently posted some strong earnings, and the market responded positively. Our...

Recent updates

Analysis Article Feb 12

Liquidity Services' (NASDAQ:LQDT) Strong Earnings Are Of Good Quality

Liquidity Services, Inc. ( NASDAQ:LQDT ) recently posted some strong earnings, and the market responded positively. Our...
Seeking Alpha Jan 12

Liquidity Services: Waiting For One More Dip

Summary Liquidity Services is a stock where the market itself hasn't quite established whether a multi-year turnaround can be trusted. FY25 saw GMV surge 15%, supporting the case for continued double-digit growth and further upside. Relative to peer RB Global, LQDT could see multiple expansion if perceived as a comparable quality business. After recent gains, I lean bullish but prefer to await a potential pullback before increasing exposure. Read the full article on Seeking Alpha
Analysis Article Nov 26

Liquidity Services, Inc.'s (NASDAQ:LQDT) Shares Climb 26% But Its Business Is Yet to Catch Up

Liquidity Services, Inc. ( NASDAQ:LQDT ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article Nov 07

Is Now An Opportune Moment To Examine Liquidity Services, Inc. (NASDAQ:LQDT)?

Liquidity Services, Inc. ( NASDAQ:LQDT ), is not the largest company out there, but it received a lot of attention from...
Analysis Article Jul 24

Some Confidence Is Lacking In Liquidity Services, Inc.'s (NASDAQ:LQDT) P/E

Liquidity Services, Inc.'s ( NASDAQ:LQDT ) price-to-earnings (or "P/E") ratio of 32.3x might make it look like a strong...
Analysis Article May 09

Should You Investigate Liquidity Services, Inc. (NASDAQ:LQDT) At US$28.30?

While Liquidity Services, Inc. ( NASDAQ:LQDT ) might not have the largest market cap around , it received a lot of...
Analysis Article Apr 07

Some Confidence Is Lacking In Liquidity Services, Inc.'s (NASDAQ:LQDT) P/E

With a price-to-earnings (or "P/E") ratio of 38.3x Liquidity Services, Inc. ( NASDAQ:LQDT ) may be sending very bearish...
Seeking Alpha Mar 14

Liquidity Services: Growth Opens Path To Capital Gains

Summary Liquidity Services, Inc. is expected to continue its growth trajectory, driven by its expanding digital platform and network effects in a large addressable market. The company's recent strong financial performance includes a 72% revenue increase and a 200% rise in GAAP diluted earnings despite rising costs. Despite a recent price slump, Liquidity is rated a Buy with a one-year price target of $35.16, supported by its growth strategy and financial resources. Read the full article on Seeking Alpha
Analysis Article Mar 12

Returns On Capital Are Showing Encouraging Signs At Liquidity Services (NASDAQ:LQDT)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Feb 14

Liquidity Services (NASDAQ:LQDT) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Shareholders appeared to be happy with Liquidity Services, Inc.'s ( NASDAQ:LQDT ) solid earnings report last week...
Analysis Article Jan 26

Should You Think About Buying Liquidity Services, Inc. (NASDAQ:LQDT) Now?

Liquidity Services, Inc. ( NASDAQ:LQDT ), is not the largest company out there, but it saw a significant share price...
Seeking Alpha Dec 17

Liquidity Services Reports Knockout Results, But Market Rally Leaves Little Opportunity

Summary Liquidity Services reported stellar Q4 and FY24 results, with GMV rising 14% YoY to $1.4 billion and quarterly revenue jumping 33.7%. The company's strong market capture is driven by enhanced network effects, increasing participants, transactions, and topline growth across its four segments. LQDT maintains a zero-debt balance sheet, consistent profitability, and robust cash flow, positioning it for sustainable growth. Post-earnings, LQDT stock surged 36% to all-time highs, reaching a fair valuation with no undervaluation opportunities remaining. Read the full article on Seeking Alpha
Analysis Article Dec 13

Estimating The Fair Value Of Liquidity Services, Inc. (NASDAQ:LQDT)

Key Insights The projected fair value for Liquidity Services is US$32.61 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Dec 13

Earnings Tell The Story For Liquidity Services, Inc. (NASDAQ:LQDT) As Its Stock Soars 32%

Liquidity Services, Inc. ( NASDAQ:LQDT ) shares have continued their recent momentum with a 32% gain in the last month...
Analysis Article Nov 07

We Like These Underlying Return On Capital Trends At Liquidity Services (NASDAQ:LQDT)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
User avatar
New Narrative Sep 18

Expanding Market Reach And Enhancing Efficiency Drives Exceptional Revenue And Margin Growth

Strategic expansions and acquisitions, like Sierra Auction and new state contracts, aim to widen the company's presence and customer reach, potentially elevating future revenues.
Analysis Article Aug 12

With Liquidity Services, Inc. (NASDAQ:LQDT) It Looks Like You'll Get What You Pay For

With a price-to-earnings (or "P/E") ratio of 34.1x Liquidity Services, Inc. ( NASDAQ:LQDT ) may be sending very bearish...
Seeking Alpha May 31

Liquidity Services: Moving In The Right Direction

Summary Now up double-digits on a year-to-date basis, Liquidity Services' stock is starting to approach a more appropriate valuation. Fundamentally, overall results remain positive across each segment of the business, with notably strong performance in RSCG and CAG. Today's valuation requires relatively strong growth and multiple to justify material upside, while management, margin, and concentration risks remain. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Liquidity Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:LQDT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26480301730
31 Dec 25476301670
30 Sep 25477281620
30 Jun 25466271580
31 Mar 25439251540
31 Dec 24414241540
30 Sep 24363201480
30 Jun 24336201450
31 Mar 24324201420
31 Dec 23314191370
30 Sep 23314211350
30 Jun 23310231320
31 Mar 23299331290
31 Dec 22286411280
30 Sep 22280401270
30 Jun 22275651250
31 Mar 22275571240
31 Dec 21268501190
30 Sep 21258511140
30 Jun 21243241100
31 Mar 21221151040
31 Dec 2021261050
30 Sep 20206-41070
30 Jun 20209-141120
31 Mar 20218-191190
31 Dec 19222-191210
30 Sep 19227-191220
30 Jun 19220-151210
31 Mar 19214-141200
31 Dec 18217-151210
30 Sep 18225-121250
30 Jun 18233-251320
31 Mar 18248-291390
31 Dec 17260-321460
30 Sep 17270-391540
30 Jun 17287-791590
31 Mar 17307-701640
31 Dec 16321-631700
30 Sep 16316-601710
30 Jun 16317-501720
31 Mar 16322-481760
31 Dec 15338-461790
30 Sep 15397-1051820
30 Jun 15436-621880

Quality Earnings: LQDT has high quality earnings.

Growing Profit Margin: LQDT's current net profit margins (6.3%) are higher than last year (5.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LQDT has become profitable over the past 5 years, growing earnings by -11.7% per year.

Accelerating Growth: LQDT's earnings growth over the past year (19.8%) exceeds its 5-year average (-11.7% per year).

Earnings vs Industry: LQDT earnings growth over the past year (19.8%) exceeded the Commercial Services industry 7.2%.


Return on Equity

High ROE: LQDT's Return on Equity (13.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 11:49
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Liquidity Services, Inc. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Colin SebastianBaird
Gary PrestopinoBarrington Research Associates, Inc.
Daniel KurnosBenchmark Company