# Liquidity Services Inc: overview

LQDT · Nasdaq · CIK 1235468 · [Industrials](/sectors/industrials.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/lqdt.md) · [Financials](/companies/lqdt/financials.md) · [Filings](/companies/lqdt/filings.md) · [Insiders](/companies/lqdt/insiders.md)

Latest reported revenue: [$129.6m](/filings/0001193125-26-337292.md) for Q3 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-26-337292).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [107 d](/filings/0001193125-25-289159.md) | [122](/filings/0001193125-26-038892.md) | [116](/filings/0001193125-26-211031.md) | [120](/filings/0001193125-26-337292.md) | [118 d](/filings/0001193125-25-289159.md) | [121](/filings/0001193125-26-038892.md) | [121](/filings/0001193125-26-211031.md) | [130](/filings/0001193125-26-337292.md) |
| Gross margin | % | [45.6% d](/filings/0001193125-25-289159.md) | [41.0%](/filings/0001193125-26-038892.md) | [40.8%](/filings/0001193125-26-211031.md) | [45.7%](/filings/0001193125-26-337292.md) | [47.8% d](/filings/0001193125-25-289159.md) | [47.0%](/filings/0001193125-26-038892.md) | [46.3%](/filings/0001193125-26-211031.md) | [49.3%](/filings/0001193125-26-337292.md) |
| Operating margin | % | [6.8% d](/filings/0001193125-25-289159.md) | [5.8%](/filings/0001193125-26-038892.md) | [5.8%](/filings/0001193125-26-211031.md) | [8.5%](/filings/0001193125-26-337292.md) | [9.3% d](/filings/0001193125-25-289159.md) | [7.7%](/filings/0001193125-26-038892.md) | [8.0%](/filings/0001193125-26-211031.md) | [10.9%](/filings/0001193125-26-337292.md) |
| Net margin | % | [6.0% d](/filings/0001193125-25-289159.md) | [4.7%](/filings/0001193125-26-337292.md) | [6.1%](/filings/0001193125-26-337292.md) | [6.2%](/filings/0001193125-26-337292.md) | [6.6% d](/filings/0001193125-25-289159.md) | [6.2%](/filings/0001193125-26-337292.md) | [6.2%](/filings/0001193125-26-337292.md) | [8.0%](/filings/0001193125-26-337292.md) |
| Diluted EPS | $ per share | not reported | [0.18](/filings/0001193125-26-038892.md) | [0.22](/filings/0001193125-26-211031.md) | [0.23](/filings/0001193125-26-337292.md) | not reported | [0.23](/filings/0001193125-26-038892.md) | [0.23](/filings/0001193125-26-211031.md) | [0.32](/filings/0001193125-26-337292.md) |
| Free cash flow | $m | [19.2 d](/filings/0001193125-25-289159.md) | [(14.0)](/filings/0001193125-26-038892.md) | [19.8 d](/filings/0001193125-26-211031.md) | [17.2 d](/filings/0001193125-26-337292.md) | [36.0 d](/filings/0001193125-25-289159.md) | [(2.8)](/filings/0001193125-26-038892.md) | [27.4 d](/filings/0001193125-26-211031.md) | [29.4 d](/filings/0001193125-26-337292.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [258](/filings/0000950170-23-068822.md) | [280](/filings/0000950170-24-135700.md) | [314](/filings/0001193125-25-289159.md) | [363](/filings/0001193125-25-289159.md) | [477](/filings/0001193125-25-289159.md) |
| Gross margin | % | [58.2%](/filings/0000950170-23-068822.md) | [57.4%](/filings/0000950170-24-135700.md) | [54.7%](/filings/0001193125-25-289159.md) | [51.0%](/filings/0001193125-25-289159.md) | [43.8%](/filings/0001193125-25-289159.md) |
| Operating margin | % | [10.5%](/filings/0000950170-23-068822.md) | [16.9%](/filings/0000950170-24-135700.md) | [8.3%](/filings/0001193125-25-289159.md) | [6.4%](/filings/0001193125-25-289159.md) | [7.4%](/filings/0001193125-25-289159.md) |
| Net margin | % | [19.8%](/filings/0000950170-23-068822.md) | [14.4%](/filings/0000950170-24-135700.md) | [6.7%](/filings/0001193125-25-289159.md) | [5.5%](/filings/0001193125-25-289159.md) | [5.9%](/filings/0001193125-25-289159.md) |
| Diluted EPS | $ per share | [1.45](/filings/0000950170-23-068822.md) | [1.20](/filings/0000950170-24-135700.md) | [0.65](/filings/0001193125-25-289159.md) | [0.63](/filings/0001193125-25-289159.md) | [0.87](/filings/0001193125-25-289159.md) |
| Free cash flow | $m | [60.0](/filings/0000950170-23-068822.md) | [36.7](/filings/0000950170-24-135700.md) | [41.6](/filings/0001193125-25-289159.md) | [61.3](/filings/0001193125-25-289159.md) | [59.0](/filings/0001193125-25-289159.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/lqdt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $140.5m | 3,591,724 |  | Added +193,181 |
| [AMERIPRISE FINANCIAL INC](/funds/820027.md) | 2026-06-30 | $60.2m | 1,537,934 |  | Added +91,656 |
| [TRUIST FINANCIAL CORP](/funds/92230.md) | 2026-06-30 | $56.7m | 1,448,892 |  | Unchanged |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $56.3m | 1,439,987 |  | Reduced −61,680 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $38.4m | 980,824 |  | Added +71,723 |
| [PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.](/funds/1238990.md) | 2026-06-30 | $37.3m | 954,735 |  | Added +34,341 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $36.1m | 922,994 |  | Added +51,923 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $35.8m | 915,145 |  | Added +20,703 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $32.8m | 838,918 |  | Reduced −11,500 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $25.9m | 661,443 |  | Reduced −76,578 |

## Recent filings

[All 1,648 filings](/companies/lqdt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-01 | 20:07 ET | [8-K](/filings/0001193125-26-410662.md) | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-410662 |
| 2026-08-07 | 20:30 ET | [8-K](/filings/0001193125-26-340348.md) | 9.01 Financial statements and exhibits | 0001193125-26-340348 |
| 2026-08-06 | 16:03 ET | [10-Q](/filings/0001193125-26-337292.md) | Quarterly report, period 2026-06-30 | 0001193125-26-337292 |
| 2026-08-06 | 11:00 ET | [8-K](/filings/0001193125-26-336662.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-336662 |
| 2026-07-07 | 10:00 ET | [8-K](/filings/0001193125-26-296716.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-296716 |
| 2026-06-26 | 21:28 ET | [8-K](/filings/0001193125-26-285740.md) | 1.01 Entry into a material agreement | 0001193125-26-285740 |
| 2026-05-07 | 20:21 ET | [8-K](/filings/0001235468-26-000006.md) | 8.01 Other events | 0001235468-26-000006 |
| 2026-05-07 | 15:45 ET | [10-Q](/filings/0001193125-26-211031.md) | Quarterly report, period 2026-03-31 | 0001193125-26-211031 |
| 2026-05-07 | 11:00 ET | [8-K](/filings/0001193125-26-210271.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-210271 |
| 2026-02-26 | 21:02 ET | [8-K](/filings/0001193125-26-076525.md) | 5.07 Shareholder vote results | 0001193125-26-076525 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0001193125-25-289159.md), filed Nov 20, 2025.

## Forecast league

Q4 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/4fafcebb-3d57-45c4-b3fa-7707d5b987de)

## About the filer

- CIK: 1235468
- Tickers: LQDT
- Exchange: Nasdaq
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:35 ET. No prices; not investment advice.