Inferra AI / Company / LQDT
Liquidity Services Inc.
LQDT · Information Technology
Last earnings Aug 7, 2026
Key results
GAAP EPSquarter
$0.32
In Q3, GAAP diluted earnings per share of $0.32 was up 39% year-over-year, driven by GMV growth of 10% year-over-year to $453 million, GAAP revenue growth of 8% to $129.6 million, direct profit growth of 17% year-over-year to $3.8 million, and Adjusted EBITDA growth of 30% to $22 million.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
GAAP revenuequarter
8%
In Q3, GAAP diluted earnings per share of $0.32 was up 39% year-over-year, driven by GMV growth of 10% year-over-year to $453 million, GAAP revenue growth of 8% to $129.6 million, direct profit growth of 17% year-over-year to $3.8 million, and Adjusted EBITDA growth of 30% to $22 million.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Revenuequarter
$129.6 million
With consolidated revenue of $129.6 million, up 8%.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Growthquarter
up 8%
With consolidated revenue of $129.6 million, up 8%.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
EPSquarter
39%
GAAP earnings per share was up 39%, so $0.32 per share.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Non-GAAP EPSquarter
$0.45
Non-GAAP adjusted earnings per share was $0.45, up 32%, and non-GAAP Adjusted EBITDA was $22 million, up 30%.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Our RSCG or retail segment increased GMV by 19%, revenue by 8%, and direct profit by 30%, each setting a new quarterly record, reflecting an expanded buyer base for low touch purchase flows as well as an increased mix of consignment flows, all while maintaining operating leverage.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Our GovDeals segment increased GMV 9%, revenue by 7%, and direct profit by 9%, each setting a new quarterly record.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
In our Capital Assets Group, or CAG segment, GMV decreased 1%, while revenue increased by 18% and direct profit increased 13%, driven by a favorable mix of high take rate projects across multiple regions.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Machinio and Software Solutions combined to increase revenue 4% and direct profit by 3%, with a focus on transformational initiatives and expanding service capabilities.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
AI analysis
Q1 2026 · reported Aug 7, 2026
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| GAAP EPS | $0.32 | — | — |
| GAAP revenue | 8% | — | — |
| Revenue | $129.6 million | — | — |
| Growth | up 8% | — | — |
| EPS | 39% | — | — |
| Non-GAAP EPS | $0.45 | — | — |
Guidance · company-stated
“is expected to be in the mid-50%”
“to range from $22 million”
“is expected in the range of $10 million”
“ranging from $0.30”
“is estimated in the range of $0.41”
“are expected to be between $2.5 million”
Guidance stated in the release for the fiscal fourth quarter of 2026; figures as stated.
Capital allocation
At the end of this fiscal third quarter, we had $50 million remaining from our authorization to perform additional share repurchases.
Event summary
(LQDT) Q1 2026 Earnings Call August 6, 2026 10:30 AM EST Company Participants William P
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
revenue: “revenue is expected to be in the mid-50%”
Adjusted EBITDA: “Adjusted EBITDA to range from $22 million”
net income: “net income is expected in the range of $10 million”
GAAP diluted earnings per share: “GAAP diluted earnings per share ranging from $0.30”
adjusted diluted earnings per share: “adjusted diluted earnings per share is estimated in the range of $0.41”
Capital expenditures: “Capital expenditures are expected to be between $2.5 million”
revenue (“the fiscal fourth quarter of 2026”)
“Total segment direct profit as a percent of consolidated revenue is expected to be in the mid-50% range, resulting in the improved direct profit margins year-over-year from the expected changes in mix.”
Adjusted EBITDA (“the fiscal fourth quarter of 2026”)
“We estimate non-GAAP Adjusted EBITDA to range from $22 million-$25 million.”
net income (“the fiscal fourth quarter of 2026”)
“GAAP net income is expected in the range of $10 million-$13 million, with corresponding GAAP diluted earnings per share ranging from $0.30-$0.39 per share.”
GAAP diluted earnings per share (“the fiscal fourth quarter of 2026”)
“GAAP net income is expected in the range of $10 million-$13 million, with corresponding GAAP diluted earnings per share ranging from $0.30-$0.39 per share.”
adjusted diluted earnings per share (“the fiscal fourth quarter of 2026”)
“Non-GAAP adjusted diluted earnings per share is estimated in the range of $0.41-$0.50 per share.”
Capital expenditures (“the fiscal fourth quarter of 2026”)
“Capital expenditures are expected to be between $2.5 million-$3 million for the fiscal fourth quarter of 2026.”
Guidance stated in the release for the fiscal fourth quarter of 2026; figures as stated.
Capital allocation
At the end of this fiscal third quarter, we had $50 million remaining from our authorization to perform additional share repurchases.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Our expanding buyer and seller networks, strong debt-free balance sheet, technology investments, and growing portfolio of services provide us with multiple avenues for value creation.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
We continue to have zero debt, and we have approximately $24 million in available borrowing capacity under our credit facility.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Capital expenditures are expected to be between $2.5 million-$3 million for the fiscal fourth quarter of 2026.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Strategy & priorities
Our strong Q3 results reflect the continued success execution of our RISE strategy, which focuses on four priorities: maximizing recovery for sellers, increasing transaction volume, expanding value-added services, and leveraging technology to drive operating efficiency.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Together, these initiatives are producing stronger financial performance as we confidently march towards our $2 billion annual GMV target and reinforce our leadership position in the $100 billion circular economy.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Our strategy is bringing measurable results.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Our buyer acquisition and engagement initiatives continue to produce strong results.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
io and related software initiatives.
SEC original ↗Liquidity Services Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q3 2026
- 8-KLQDT
Oct 1, 2026
- Q2 2026
- 8-KLQDT
Aug 7, 2026
- 8-KLQDT
Aug 6, 2026
- 10-QLQDT
- 8-KLQDT
Jul 7, 2026
- Q1 2026
- 8-KLQDT
Jun 26, 2026
- 8-KLQDT
May 7, 2026
- 10-QLQDT
- 8-KLQDT
May 7, 2026
- EX-99LQDT
- Q4 2025
- 8-KLQDT
Feb 26, 2026
- 8-KLQDT
Feb 9, 2026
- 8-KLQDT
Feb 6, 2026
- 8-KLQDT
Feb 5, 2026
- 10-QLQDT
- Q3 2025
- 8-KLQDT
Nov 21, 2025
- 8-KLQDT
Nov 20, 2025
- 10-KLQDT
Nov 20, 2025
- Q2 2025
- 8-KLQDT
Aug 8, 2025
- 8-KLQDT
Aug 7, 2025
- 10-QLQDT
- Q1 2025
- 8-KLQDT
Jun 20, 2025
- EX-99LQDT
Jun 20, 2025
- 8-KLQDT
May 12, 2025
- 8-KLQDT
May 8, 2025
- 10-QLQDT
- Q4 2024
- 8-KLQDT
Feb 27, 2025
- 8-KLQDT
Feb 7, 2025
- 8-KLQDT
Feb 6, 2025
- 10-QLQDT
- Q3 2024
- 8-KLQDT
Dec 13, 2024
- 10-KLQDT
Dec 12, 2024
Earnings releases
14 documentsPresentations
0 documentsNo presentations for Liquidity Services Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Liquidity Services Inc. are held in this edition of the library.
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