Liquidity Services Inc (LQDT) financials
Liquidity Services revenue and earnings by year
Liquidity Services's revenue was $477 million in the fiscal year to September 30, 2025, up 31.2% from the year before. Net income was $28.1 million, 5.9% of revenue. Since the fiscal year to September 30, 2016, revenue has grown 4.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 477 | 363 | 314 | 280 | 258 | 206 | 227 | 225 | 270 | 316 |
| Revenue growth | 31.2% | 15.5% | 12.3% | 8.7% | 25.1% | -9.1% | 0.9% | -16.9% | -14.7% | — |
| Gross profit | 209 | 185 | 172 | 161 | 150 | 110 | 124 | 124 | 144 | 173 |
| Gross margin | 43.8% | 51.0% | 54.7% | 57.4% | 58.2% | 53.4% | 54.8% | 55.4% | 53.3% | 54.8% |
| Operating income | 35 | 23 | 26 | 47 | 27 | -4 | -20 | -22 | -40 | -34 |
| Operating margin | 7.4% | 6.4% | 8.3% | 16.9% | 10.5% | -1.9% | -8.6% | -9.7% | -14.9% | -10.8% |
| Net income | 28 | 20 | 21 | 40 | 51 | -4 | -19 | -12 | -39 | -60 |
| Net margin | 5.9% | 5.5% | 6.7% | 14.4% | 19.8% | -1.8% | -8.5% | -5.2% | -14.5% | -18.9% |
| Diluted EPS | $0.87 | $0.63 | $0.65 | $1.20 | $1.45 | -$0.11 | -$0.58 | -$0.37 | -$1.25 | -$1.95 |
| Free cash flow | 59 | 61 | 42 | 37 | 60 | 12 | -12 | -3 | -39 | 40 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open LQDT in Markets.
How Liquidity Services makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| RSCG | $87.8M | 67.8% |
| Gov Deals | $25.5M | 19.7% |
| CAG | $10.8M | 8.3% |
| Machinio & Software Solutions Corporation | $5.44M | 4.2% |
See also: LQDT valuation and P/E history · LQDT returns
No forecast, no recommendation. This page describes Liquidity Services Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.