LIQUIDITY SERVICES INC (LQDT)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue118,088,000$119,875,000$116,375,000$122,331,000$106,927,000$93,613,000$91,453,000$71,325,000$79,957,000$80,770,000$81,453,000$72,282,000$75,202,000$69,866,000$68,275,000$66,707,000$70,328,000$69,666,000$61,786,000$55,751,000$55,890,000$47,722,000$52,824,000$49,504,000$58,790,000$56,882,000$56,800,000$54,053,000$52,705,000$50,569,000$60,097,000$61,143,000$61,365,000$65,520,000$72,335,000$70,796,000$78,513,000$85,188,000$86,878,000$70,796,000$79,293,000$89,746,000$102,943,000$125,143,000$118,419,000$126,965,000$128,329,000$121,948,000$
QoQ%(1.49%)3.01%(4.87%)14.41%14.22%2.36%28.22%(10.80%)(1.01%)(.84%)12.69%(3.88%)7.64%2.33%2.35%(5.15%).95%12.75%10.83%(.25%)17.12%(9.66%)6.71%(15.80%)3.35%.14%5.08%2.56%4.22%(15.85%)(1.71%)(.36%)(6.34%)(9.42%)2.17%(9.83%)(7.84%)(1.95%)22.72%(10.72%)(11.65%)(12.82%)(17.74%)5.68%(6.73%)(1.06%)5.23%(5.56%)
YoY%10.44%28.05%27.25%71.51%33.73%15.90%12.28%(1.32%)6.32%15.61%19.30%8.36%6.93%.29%10.50%19.65%25.83%45.98%16.97%12.62%(4.93%)(16.10%)(7.00%)(8.42%)11.55%12.48%(5.49%)(11.60%)(14.11%)(22.82%)(16.92%)(13.64%)(21.84%)(23.09%)(16.74%)7.47%(.98%)(5.08%)(15.61%)(43.43%)(33.04%)(29.31%)(19.78%)2.62%(8.29%)2.23%(1.53%)(.21%)
Cost Of Revenue61,633,000$65,111,000$68,946,000$72,164,000$58,192,000$44,212,000$44,221,000$31,527,000$34,982,000$35,202,000$40,366,000$31,773,000$33,745,000$28,932,000$28,968,000$27,762,000$30,267,000$28,543,000$26,385,000$22,573,000$22,727,000$22,494,000$26,619,000$24,176,000$29,752,000$28,331,000$24,807,000$24,956,000$27,848,000$19,489,000$28,727,000$27,631,000$33,581,000$30,413,000$34,564,000$32,271,000$13,106,000$39,292,000$39,927,000$26,883,000$4,107,000$35,838,000$42,661,000$(48,000$)49,000$(69,000$)0$291,000$
Gross Profit56,455,000$54,764,000$47,429,000$50,167,000$48,735,000$49,401,000$47,232,000$39,798,000$44,975,000$45,568,000$41,087,000$40,509,000$41,457,000$40,934,000$39,307,000$38,945,000$40,061,000$41,123,000$35,401,000$33,178,000$33,163,000$25,228,000$26,205,000$25,328,000$29,038,000$28,551,000$29,218,000$26,473,000$24,857,000$27,144,000$27,511,000$30,200,000$27,784,000$27,144,000$27,511,000$30,200,000$65,407,000$29,918,000$32,811,000$33,977,000$75,186,000$53,908,000$60,282,000$125,191,000$118,370,000$127,034,000$128,329,000$121,657,000$
Gross Margin47.81%45.68%40.76%41.01%45.58%52.77%51.65%55.80%56.25%56.42%50.44%56.04%55.13%58.59%57.57%58.38%56.96%59.03%57.30%59.51%59.34%52.87%49.61%51.16%49.39%50.19%51.44%48.98%47.16%53.68%45.78%49.39%45.28%41.43%38.03%42.66%83.31%35.12%37.77%47.99%94.82%60.07%58.56%100.04%99.96%100.05%100.00%99.76%
Operating Expenses45,509,000$43,846,000$40,369,000$42,964,000$41,077,000$40,933,000$40,575,000$37,707,000$37,039,000$37,315,000$35,852,000$35,643,000$34,342,000$33,712,000$34,801,000$34,494,000$30,370,000$32,529,000$29,763,000$28,548,000$28,316,000$24,711,000$30,669,000$30,125,000$32,962,000$31,081,000$32,353,000$31,343,000$31,978,000$29,916,000$32,870,000$35,282,000$38,958,000$38,680,000$41,207,000$42,237,000$90,674,000$29,851,000$34,318,000$41,388,000$138,210,000$53,914,000$56,471,000$210,187,000$117,847,000$98,446,000$118,866,000$109,814,000$
Operating Income10,958,000$10,218,000$6,803,000$7,087,000$7,266,000$7,895,000$6,595,000$1,647,000$7,879,000$8,255,000$5,246,000$4,727,000$11,245,000$18,695,000$12,983,000$4,483,000$8,310,000$8,594,000$5,638,000$4,626,000$5,347,000$198,000$(4,452,000$)(4,990,000$)(5,387,000$)(4,561,000$)(4,485,000$)(5,075,000$)(6,291,000$)(3,224,000$)(5,670,000$)(6,542,000$)(14,824,000$)(8,762,000$)(8,396,000$)(8,260,000$)(25,267,000$)67,000$(1,507,000$)(7,411,000$)(63,024,000$)(6,000$)3,811,000$(84,996,000$)523,000$28,588,000$9,463,000$11,843,000$
Operating Margin9.28%8.52%5.85%5.79%6.80%8.43%7.21%2.31%9.85%10.22%6.44%6.54%14.95%26.76%19.02%6.72%11.82%12.34%9.13%8.30%9.57%.42%(8.43%)(10.08%)(9.16%)(8.02%)(7.90%)(9.39%)(11.94%)(6.38%)(9.44%)(10.70%)(24.16%)(13.37%)(11.61%)(11.67%)(32.18%).08%(1.74%)(10.47%)(79.48%)(.01%)3.70%(67.92%).44%22.52%7.37%9.71%
Interest Income
Interest Expenses0$0$0$0$0$0$0$0$0$0$0$0$0$104,000$0$0$57,000$0$0$0$0$0$0$0$0$0$0$0$256,000$0$0$0$0$0$0$34,000$
Income Before Tax12,250,000$11,295,000$7,706,000$8,190,000$8,573,000$8,702,000$7,196,000$2,788,000$9,053,000$9,030,000$5,818,000$5,116,000$11,420,000$18,591,000$13,029,000$4,614,000$8,253,000$8,847,000$5,668,000$4,811,000$5,538,000$422,000$(4,195,000$)(4,738,000$)(5,163,000$)(4,107,000$)(4,034,000$)(4,756,000$)(6,547,000$)(3,093,000$)(5,276,000$)(6,027,000$)(14,466,000$)(3,093,000$)(5,276,000$)(6,027,000$)(24,291,000$)(8,573,000$)(8,305,000$)(8,294,000$)(63,024,000$)(6,000$)3,811,000$(84,996,000$)523,000$28,588,000$9,463,000$11,843,000$
Tax Expenses4,428,000$3,885,000$655,000$2,380,000$2,198,000$2,702,000$1,487,000$881,000$2,774,000$2,543,000$1,573,000$1,149,000$3,075,000$2,183,000$1,059,000$1,012,000$(24,503,000$)429,000$407,000$297,000$91,000$209,000$43,000$458,000$64,000$542,000$328,000$266,000$(5,504,000$)612,000$379,000$(4,815,000$)(542,000$)41,000$(53,000$)103,000$29,463,000$(17,000$)(267,000$)(2,154,000$)(19,415,000$)(1,629,000$)2,391,000$(20,918,000$)1,157,000$10,018,000$3,753,000$(4,729,000$)
Net Income7,822,000$7,410,000$7,051,000$5,810,000$6,375,000$6,000,000$5,709,000$1,907,000$6,280,000$6,487,000$4,245,000$3,967,000$8,345,000$16,408,000$11,970,000$3,602,000$32,756,000$8,419,000$5,260,000$4,514,000$5,447,000$213,000$(4,238,000$)(5,196,000$)(5,227,000$)(4,649,000$)(4,362,000$)(5,022,000$)(1,043,000$)(3,705,000$)(5,655,000$)(1,212,000$)(13,924,000$)(3,705,000$)(5,655,000$)(1,212,000$)(53,755,000$)(8,614,000$)(8,252,000$)(8,397,000$)(43,695,000$)1,615,000$1,381,000$(64,116,000$)(707,000$)18,373,000$5,631,000$7,093,000$
Profit Margin6.62%6.18%6.06%4.75%5.96%6.41%6.24%2.67%7.85%8.03%5.21%5.49%11.10%23.49%17.53%5.40%46.58%12.09%8.51%8.10%9.75%.45%(8.02%)(10.50%)(8.89%)(8.17%)(7.68%)(9.29%)(1.98%)(7.33%)(9.41%)(1.98%)(22.69%)(5.66%)(7.82%)(1.71%)(68.47%)(10.11%)(9.50%)(11.86%)(55.11%)1.80%1.34%(51.23%)(.60%)14.47%4.39%5.82%
TTM5.89%5.72%5.75%5.77%5.50%5.92%6.30%6.04%6.67%7.44%11.03%14.25%14.40%23.53%20.64%18.64%19.78%9.73%6.98%2.80%(1.83%)(6.92%)(8.86%)(8.76%)(8.50%)(6.84%)(6.60%)(7.09%)(5.17%)(10.51%)(9.87%)(9.41%)(9.07%)(22.40%)(22.57%)(22.35%)(24.59%)(21.41%)(17.98%)(14.32%)(26.39%)(14.17%)(9.52%)(8.18%)6.13%8.20%6.84%8.21%
Earnings to Minority
Earnings to Common Shareholders7,822,000$7,410,000$7,051,000$5,810,000$6,375,000$6,000,000$5,709,000$1,907,000$6,280,000$6,487,000$4,245,000$3,967,000$8,345,000$16,408,000$11,970,000$3,602,000$32,756,000$8,419,000$5,260,000$4,514,000$5,447,000$213,000$(4,238,000$)(5,196,000$)(5,227,000$)(4,649,000$)(4,362,000$)(5,022,000$)(1,043,000$)(3,705,000$)(5,655,000$)(1,212,000$)(13,924,000$)(3,705,000$)(5,655,000$)(1,212,000$)(53,755,000$)(8,614,000$)(8,252,000$)(8,397,000$)(43,695,000$)1,615,000$1,381,000$(64,116,000$)(707,000$)18,373,000$5,631,000$7,093,000$
QoQ%5.56%5.09%21.36%(8.86%)6.25%5.10%199.37%(69.63%)(3.19%)52.82%7.01%(52.46%)(49.14%)37.08%232.32%(89.00%)289.07%60.06%16.53%(17.13%)2,457.28%105.03%18.44%.59%(12.43%)(6.58%)13.14%(381.50%)71.85%34.48%(366.58%)91.30%(275.82%)34.48%(366.58%)97.75%(524.04%)(4.39%)1.73%80.78%(2,805.57%)16.94%102.15%(8,968.74%)(103.85%)226.28%(20.61%)(31.86%)
YoY%22.70%23.50%23.51%204.67%1.51%(7.51%)34.49%(51.93%)(24.75%)(60.46%)(64.54%)10.13%(74.52%)94.89%127.57%(20.20%)501.36%3,852.58%224.12%186.88%204.21%104.58%2.84%(3.47%)(401.15%)(25.48%)22.87%(314.36%)92.51%.00%.00%.00%74.10%56.99%31.47%85.57%(23.02%)(633.38%)(697.54%)86.90%(6,080.34%)(91.21%)(75.48%)(1,003.93%)(106.79%)62.77%(55.65%)5.72%
Earnings Per Share, Basic0.25$0.24$0.23$0.19$0.21$0.20$0.19$0.06$0.21$0.21$0.14$0.12$0.26$0.51$0.37$0.11$0.98$0.25$0.16$0.14$0.16$0.01$(0.13$)(0.15$)(0.16$)(0.14$)(0.13$)(0.15$)(0.03$)(0.12$)(0.18$)(0.04$)(0.44$)(0.12$)(0.18$)(0.04$)(1.75$)(0.28$)(0.27$)(0.28$)(1.46$)0.05$0.05$(2.14$)(0.02$)0.59$0.17$0.22$
Earnings Per Share, Diluted0.24$0.23$0.22$0.18$0.20$0.19$0.18$0.06$0.20$0.21$0.13$0.12$0.25$0.50$0.35$0.10$0.93$0.24$0.15$0.13$0.16$0.01$(0.13$)(0.15$)(0.16$)(0.14$)(0.13$)(0.15$)(0.03$)(0.12$)(0.18$)(0.04$)(0.44$)(0.12$)(0.18$)(0.04$)(1.75$)(0.28$)(0.27$)(0.28$)(1.46$)0.05$0.05$(2.14$)(0.02$)0.59$0.17$0.22$
Unlevered FCF Per Share, Basic1.16$0.55$0.64$(0.46$)0.63$0.67$1.06$(0.35$)0.43$0.29$1.01$(0.37$)0.37$0.43$0.34$0.00$0.28$0.66$0.72$0.14$0.20$0.61$0.15$(0.59$)(0.01$)0.08$(0.15$)(0.29$)(0.08$)(0.19$)0.07$0.08$(0.60$)(0.07$)(0.35$)(0.23$)0.19$0.39$1.04$(0.32$)0.07$
Unlevered FCF Per Share, Diluted1.11$0.53$0.61$(0.43$)0.61$0.64$1.03$(0.33$)0.42$0.28$0.98$(0.36$)0.36$0.42$0.33$0.00$0.26$0.62$0.68$0.13$0.20$0.61$0.15$(0.59$)(0.01$)0.08$(0.15$)(0.29$)(0.08$)(0.19$)0.07$0.08$(0.60$)(0.07$)(0.35$)(0.23$)0.19$0.39$1.04$(0.32$)0.07$
Average Shares, Basic30,918,12831,157,18331,012,08730,642,43830,492,94730,388,67530,498,12730,605,47530,576,25530,605,96331,305,21431,815,16031,729,43631,908,86432,561,90332,971,70933,297,87933,371,90633,491,39533,176,89533,584,04033,695,93633,624,88933,545,23533,291,27533,164,75032,987,60832,808,14432,425,66932,104,36831,972,75231,876,60331,503,34931,485,59931,361,12231,261,60330,740,97730,726,55430,594,94030,490,67030,026,22330,011,12129,988,32429,926,27329,664,25930,937,39432,231,01132,143,064
Average Shares, Diluted32,424,33532,497,23832,518,67232,204,05531,674,89931,464,46131,459,06631,938,34231,722,96831,513,48832,124,18832,937,60032,925,69133,078,56834,004,56834,868,86935,294,32635,437,76135,559,74734,911,11933,986,86233,815,33233,624,88933,545,23533,291,27533,164,75032,987,60832,808,14432,425,66932,104,36831,972,75231,876,60331,503,34931,485,59931,361,12231,261,60330,740,97730,726,55430,594,94030,490,67030,026,22330,011,12129,988,32429,926,27329,664,25930,937,39432,321,48232,658,070
EBIT12,250,000$11,295,000$7,706,000$8,190,000$8,573,000$8,702,000$7,196,000$2,788,000$9,053,000$9,030,000$5,818,000$5,116,000$11,420,000$18,695,000$13,029,000$4,614,000$8,310,000$8,847,000$5,668,000$4,811,000$5,538,000$422,000$(4,195,000$)(4,738,000$)(5,163,000$)(4,107,000$)(4,034,000$)(4,756,000$)(6,291,000$)(3,093,000$)(5,276,000$)(6,027,000$)(14,466,000$)(3,093,000$)(5,276,000$)(5,993,000$)(24,291,000$)(8,573,000$)(8,305,000$)(8,294,000$)(63,024,000$)(6,000$)3,811,000$(84,996,000$)523,000$28,588,000$9,463,000$11,843,000$
EBITDA14,918,000$13,952,000$10,274,000$10,706,000$11,396,000$11,901,000$10,391,000$5,692,000$11,875,000$11,896,000$8,621,000$7,880,000$14,196,000$21,336,000$15,632,000$6,916,000$10,033,000$10,552,000$7,338,000$6,682,000$7,112,000$1,989,000$(2,618,000$)(3,166,000$)(3,647,000$)(2,901,000$)(2,869,000$)(3,552,000$)(5,067,000$)(2,073,000$)(4,132,000$)(4,816,000$)(14,466,000$)(1,728,000$)(3,842,000$)(4,564,000$)(22,737,000$)(6,957,000$)(6,645,000$)(6,622,000$)(61,030,000$)2,038,000$5,805,000$(81,793,000$)4,186,000$32,865,000$13,707,000$16,254,000$