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Companies / Industrials / Liquidity Services, Inc.
LQDT

Liquidity Services, Inc.

IndustrialsBusiness Services
Ticker LQDTBETHESDA, MDFiscal year ends SeptemberBook value per share $7.26Diluted shares 32.5M

Liquidity Services, Inc. (Nasdaq: LQDT) operates e-commerce marketplaces and provides software and services for the sale and management of surplus goods and assets. It connects business and government sellers with buyers, offering auctions, search and listing tools, asset valuation and management, logistics, and… From the company’s description.

Over the twelve months to Jun 30, 2026, Liquidity Services, Inc. reported revenue of $489.62M, up 5.2% from a year earlier, and net income of $33.26M. Its operating margin was 9.0%, and operations generated $98.18M in cash. In fiscal 2025, it reported revenue of $476.67M, up 31.2% from fiscal 2024, and net income of $28.09M.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$476.67MFY2025
+31.2% year over year
Last 12 mo $489.62M
7.36%FY2025
+0.9 percentage points
Last 12 mo 9.00%
$28.09MFY2025
+40.5% year over year
Last 12 mo $33.26M
13.82%FY2025
+2.9 percentage points
Last 12 mo 14.10%
Cash & financing
$66.76MFY2025
−4.9% year over year
Last 12 mo $98.18M
$58.96MFY2025
−3.8% year over year
Last 12 mo $89.99M
—
32.4MFY2025
+2.5% year over year
Last 12 mo 32.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Liquidity Services, Inc. does

In the company’s own words

Liquidity Services, Inc. (Nasdaq: LQDT) operates e-commerce marketplaces and provides software and services for the sale and management of surplus goods and assets. It connects business and government sellers with buyers, offering auctions, search and listing tools, asset valuation and management, logistics, and transaction support. Its customers include government agencies, retailers, corporations, equipment sellers, and professional buyers. The company reports three segments: GovDeals, serving government and related commercial sellers; Retail Supply Chain Group, handling excess, returned, and overstocked consumer goods; and Capital Assets Group, focused on commercial surplus assets. Machinio & Software Solutions combines equipment-listing and seller software services with private-label auction platforms. Its marketplace brands include GovDeals, Liquidation.com, AllSurplus, Machinio, Bid4Assets, Sierra, AllSurplus Deals, Secondipity, and Retail Rush. In fiscal 2025, Liquidity Services generated $477.7 million in revenue and had 6.0 million registered buyers. The company was incorporated in 1999 and added Auction Software in 2025, establishing its Software Solutions segment.

Company details
Sector
Industrials
Industry (SIC)
Business Services
Headquarters
BETHESDA, MD
Fiscal year end
September
CIK
1235468
SIC
7389

Financial performance, year by year

Fiscal 2012–2025 · USD
$-165.88M$17.32M$200.52M$383.72M$566.92M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Liquidity Services, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

242
funds hold it
0 of 35
superinvestors hold it
$309.55M
held by funds, at market
26.0%
of shares held by funds

Largest fund holders · Liquidity Services, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.05%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
U.S. SMALL CAP PORTFOLIO
DFSTX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Liquidity Services, Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Liquidity Services, Inc.'s last four quarterly filings that the numbers alone won't show?”
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