Saturday 17 October 2026 Export LQDT’s income statement to Excel — free account

Liquidity Services, Inc.

Liquidity Services, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $476.7 million, up 31.2% from fiscal 2024. In the quarter to June 2026, revenue grew 8.09%, EPS grew 37.5% and free cash flow grew 71.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

43.86 0.23 −0.52%

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Market cap: $1.4B
P/E: 41.4×
Fwd P/E: 36.1×
Dividend yield: —
F-score: 7/9
Altman Z: 4.89
Beneish M: −2.80
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 13.88

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	2	—	2	4	2	7	8	1	1	1	1

Insider Ownership 25.67%

Capital & Financial Ratios $m

Market Cap 1,380.00

Revenue 489.62

Net Income 33.26

Free Cash Flow 89.99

Net Debt (231.10)

Current Ratio 1.58

Debt/Equity 0.00

P/E ratio 41.38

Fwd P/E 36.10

P/S ratio 2.80

P/B ratio 5.81

Past 5Y EPS Growth —

This Y EPS Growth 28.91%

Next Y EPS Growth 11.52%

Next Y revenue growth (11.30%)

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 89.62%

10-year low 10-year high

P/S against its own 10 years 93.48%

10-year low 10-year high

P/B against its own 10 years 94.99%

10-year low 10-year high

EV/Sales against its own 10 years 92.11%

10-year low 10-year high

EV/FCF against its own 10 years 71.41%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	118	156	186	231
Receivables	8	11	11	12
Inventory	11	17	14	16
Other	—	—	—	—
	146	199	225	272

	2023	2024	2025	Q'26
Payables	39	59	61	61
ST’ Debt	—	—	—	—
Other	—	—	—	—
	121	155	162	172

Compound Annual Growth %

	10y	5y	3y
Sales	1.84%	18.28%	19.40%
Cash Flow	4.38%	32.29%	14.19%
Earnings	0.00%	0.00%	(11.35%)
Book Value	(0.61%)	12.69%	9.56%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	121	121	130	—	—
’25	122	116	120	118	477
’24	71	91	94	107	363
’23	72	81	81	80	314
’22	67	68	70	75	280
’21	56	62	70	70	258
’20	50	53	48	56	206

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(1)	30	31	—	—
’25	(12)	22	19	38	67
’24	(9)	35	22	22	70
’23	(11)	33	10	15	47
’22	2	13	17	14	45
’21	6	25	23	11	65
’20	(19)	6	21	7	16

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	(3)	27	29	—	—
’25	(14)	20	17	36	59
’24	(11)	32	20	19	61
’23	(12)	31	9	13	42
’22	0	11	14	12	37
’21	5	24	22	9	60
’20	(20)	5	21	7	12

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.23	0.23	0.32	—	—
’25	0.18	0.22	0.23	0.24	0.87
’24	0.06	0.18	0.19	0.20	0.63
’23	0.12	0.13	0.21	0.20	0.65
’22	0.10	0.35	0.50	0.25	1.20
’21	0.13	0.15	0.24	0.93	1.45
’20	(0.15)	(0.13)	0.01	0.16	(0.11)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.42	4.34	4.65	5.45	3.01	14.21	11.39	11.97	13.99	21.67	Analyst estimates 2026–2028 Powerpack
	High	11.49	10.45	8.00	9.16	19.48	30.00	23.39	21.10	36.00	39.72
People
People	Employees	953	946	669	578	574	614	735	716	781	818
	Revenue/emp, $m	0.33	0.29	0.34	0.39	0.36	0.42	0.38	0.44	0.47	0.58
Income, $m
Income, $m	Revenue	316	270	225	227	206	258	280	314	363	477
	Gross margin, %	54.77	53.25	55.42	54.79	53.38	58.19	57.36	54.74	50.97	43.81
	EBT	(33)	(40)	(21)	(18)	(3)	28	48	29	27	39
	EBT margin, %	(10.40)	(14.68)	(9.33)	(7.97)	(1.44)	10.71	17.02	9.23	7.50	8.27
	Net income	(60)	(39)	(12)	(19)	(4)	51	40	21	20	28
	Depreciation	7	6	5	5	6	7	10	11	12	10
Per share, $
Per share, $	Revenue	10.33	8.60	7.00	6.85	6.13	7.73	8.67	10.12	11.91	15.41
	Earnings	(1.96)	(1.25)	(0.36)	(0.58)	(0.11)	1.53	1.25	0.68	0.66	0.91
	Cash flow	1.50	(1.01)	0.02	(0.19)	0.49	1.96	1.39	1.51	2.30	2.16
	Capex	(0.20)	(0.25)	(0.11)	(0.17)	(0.13)	(0.16)	(0.25)	(0.17)	(0.29)	(0.25)
	Free cash flow	1.30	(1.26)	(0.09)	(0.36)	0.36	1.80	1.14	1.34	2.01	1.91
	Book value	5.31	4.22	4.04	3.51	3.33	4.05	4.79	5.20	5.99	6.57
	Shares, m	31	31	32	33	34	33	32	31	30	31
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	14.12	13.01	26.41	34.55	30.14
	P/S	1.09	0.67	0.85	1.08	1.22	2.80	1.88	1.77	1.91	1.78
	P/B	2.12	1.37	1.47	2.11	2.24	5.34	3.40	3.46	3.81	4.17
	EV/Sales	0.66	0.33	0.50	0.79	0.85	2.38	1.53	1.40	1.49	1.39
	EV/FCF	5.29	(2.22)	(40.39)	(14.90)	14.29	10.24	11.65	10.58	8.81	11.25
Cash, $m
Cash, $m	Operating cash flow	46	(32)	1	(6)	16	65	45	47	70	67
	Capex	(6)	(8)	(3)	(6)	(4)	(5)	(8)	(5)	(9)	(8)
	Free cash flow	40	(40)	(3)	(12)	12	60	37	42	61	59
Balance, $m
Balance, $m	Working capital	99	68	35	21	20	23	6	26	44	63
	Total debt	—	—	—	—	12	15	15	11	—	—
	Net debt	(135)	(94)	(78)	(66)	(76)	(106)	(98)	(118)	(156)	(186)
	Shareholders’ equity	163	133	130	116	112	135	155	162	183	203
Returns, %
Returns, %	ROA	(21.85)	(16.49)	(5.57)	(9.90)	(1.97)	22.53	14.83	7.27	6.29	7.78
	ROIC	(75.89)	(65.69)	(26.52)	(24.54)	(6.81)	59.21	52.35	37.63	54.13	125.79
	ROE	(31.66)	(26.55)	(8.86)	(15.67)	(3.31)	41.28	27.85	13.27	11.62	14.56

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GLBE Global-e Online Ltd.	$6.8B	42.7×	28.3×	+39.15% (above 0%: growing)	+366.67% (above 0%: growing)	+15.22% (above 0%: growing)	44.10%	14.94%	Compare
VIPS Vipshop Holdings Limited	$5.2B	4.1×	5.1×	+1.08% (above 0%: growing)	+221.95% (above 0%: growing)	+38.25% (above 0%: growing)	23.29%	6.15%	Compare
OZON Ozon Holdings PLC Sponsored ADR	$2.4B	— (loss-making)	— (loss-making)	+31.09% (above 0%: growing)	n/m	+116.83% (above 0%: growing)	10.69%	(9.16%)	Compare
RVLV Revolve Group, Inc.	$1.7B	22.4×	21.7×	+12.44% (above 0%: growing)	+85.71% (above 0%: growing)	−215.06% (below 0%: shrinking)	56.61%	6.36%	Compare
LQDT Liquidity Services, Inc.	$1.4B	41.4×	36.1×	+8.09% (above 0%: growing)	+37.50% (above 0%: growing)	+71.33% (above 0%: growing)	49.26%	10.91%
HEPS D-MARKET Electronic Services & Trading Unsponsored ADR	$975.2M	— (loss-making)	— (loss-making)	+16.17% (above 0%: growing)	n/m	−62.03% (below 0%: shrinking)	37.80%	(3.04%)	Compare
JMIA Jumia Technologies	$761.1M	— (loss-making)	— (loss-making)	+13.91% (above 0%: growing)	n/m	+4.91% (above 0%: growing)	59.10%	(23.81%)	Compare
RERE ATRenew Inc. Sponsored ADR	$519.0M	13.5×	10.6×	+39.80% (above 0%: growing)	+100.00% (above 0%: growing)	−609.63% (below 0%: shrinking)	21.03%	2.70%	Compare
TDUP ThredUp Inc.	$308.6M	— (loss-making)	— (loss-making)	+16.88% (above 0%: growing)	n/m	+160.75% (above 0%: growing)	79.90%	(6.73%)	Compare
Median of peers	$1.3B	17.9×	16.2×	+16.53%	+160.98%	+10.07%	40.95%	(0.17%)

All 42 Internet Retail stocks →

Liquidity Services, Inc. (LQDT) key facts

Strength: Liquidity Services, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $476.7 million, up 31.2% from fiscal 2024.
Liquidity Services, Inc. (LQDT) is an Internet Retail company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, LQDT traded at $43.86, a market capitalization of $1.4 billion.
Return on equity was 14.6% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 4.89 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.