Liquidity Services (NASDAQ:LQDT) Posts Earnings Results

Posted by Brenda Bartman on Aug 8th, 2026

Liquidity Services (NASDAQ:LQDT – Get Free Report) announced its earnings results on Thursday. The business services provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.34 by $0.11, FiscalAI reports. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. The company had revenue of $129.58 million for the quarter, compared to analysts’ expectations of $57.83 million. Liquidity Services updated its Q4 2026 guidance to 0.410-0.500 EPS.

Here are the key takeaways from Liquidity Services’ conference call:

Strong Q3 growth: GMV rose 10% year over year to a record $453 million, while revenue increased 8% to $129.6 million, adjusted EBITDA grew 30% to $22 million, and GAAP diluted EPS climbed 39% to $0.32.
Retail and GovDeals set records. Retail GMV increased 19% and direct profit 30%, while GovDeals GMV and direct profit each rose 9%; buyer registrations, new bidders, and conversion rates also improved despite lower marketing spending.
Capital Assets Group results reflected project timing rather than lost business. GMV declined 1%, but direct profit rose 13% as a 270-basis-point increase in take rate and a favorable mix offset lower volumes; management cited a stronger pipeline entering the fourth quarter.
Management expects continued profitable growth. Q4 guidance calls for GMV of $450 million–$455 million and adjusted EBITDA of $22 million–$25 million, while the company ended the quarter debt-free with $231.1 million in cash and short-term investments and $50 million remaining under its share-repurchase authorization.

Liquidity Services Stock Up 0.1%

Shares of NASDAQ:LQDT traded up $0.05 during trading on Friday, hitting $42.06. 314,965 shares of the company were exchanged, compared to its average volume of 211,029. The business’s 50 day moving average is $38.38 and its 200-day moving average is $34.50. The company has a market capitalization of $1.31 billion, a P/E ratio of 41.24 and a beta of 1.10. Liquidity Services has a 1-year low of $21.67 and a 1-year high of $43.82.

Key Liquidity Services News

Here are the key news stories impacting Liquidity Services this week:

Positive Sentiment: Quarterly results exceeded expectations. Liquidity Services reported fiscal Q3 2026 adjusted EPS of $0.45, beating the $0.34 consensus estimate by $0.11. Revenue reached $129.58 million, well above the reported analyst forecast of $57.83 million. The company cited record gross merchandise volume, platform efficiencies and strong buyer participation as drivers of growth. Liquidity Services Announces Third Quarter Fiscal Year 2026 Financial Results
Positive Sentiment: Fourth-quarter guidance topped expectations. Management forecast fiscal Q4 EPS of $0.41 to $0.50, compared with the consensus estimate of $0.38. The outlook suggests the company expects its operating improvements and marketplace momentum to continue. Liquidity Services Posts Record GMV and Profits
Positive Sentiment: Investor sentiment and analyst views remain constructive. Liquidity Services has a reported consensus rating of “Moderate Buy,” with an average price target of $44.00. Several institutional investors also increased their holdings, indicating continued professional interest in the company’s growth story.
Neutral Sentiment: Valuation remains a consideration. Following the recent rally, LQDT trades at a relatively elevated earnings multiple, meaning the stock may require continued earnings growth to sustain its momentum.
Negative Sentiment: An executive sale presents a modest insider-confidence concern. Executive Vice President John Daunt sold 715 shares for approximately $27,885, reducing his position by 1.84%. The transaction is small relative to his remaining holdings, but it adds a limited negative signal alongside the otherwise strong earnings news. Liquidity Services EVP John Daunt Sells 715 Shares

Analyst Upgrades and Downgrades

Several research firms have commented on LQDT. Wall Street Zen lowered shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research upgraded shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Barrington Research set a $50.00 price target on shares of Liquidity Services in a research report on Friday. Finally, Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Read Our Latest Research Report on LQDT

Insider Activity at Liquidity Services

In related news, Director Jaime Mateus-Tique sold 38,471 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the sale, the director owned 164,380 shares of the company’s stock, valued at $6,244,796.20. This trade represents a 18.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John Daunt sold 715 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.00, for a total value of $27,885.00. Following the sale, the executive vice president owned 38,086 shares in the company, valued at $1,485,354. This represents a 1.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 209,937 shares of company stock valued at $7,626,428 in the last 90 days. 28.06% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LQDT. Tower Research Capital LLC TRC lifted its holdings in shares of Liquidity Services by 451.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after purchasing an additional 2,210 shares during the period. BNP Paribas Financial Markets increased its holdings in Liquidity Services by 52.1% in the third quarter. BNP Paribas Financial Markets now owns 5,970 shares of the business services provider’s stock valued at $164,000 after purchasing an additional 2,045 shares during the period. iSAM Funds UK Ltd acquired a new stake in Liquidity Services in the third quarter valued at $199,000. The Manufacturers Life Insurance Company raised its position in Liquidity Services by 9.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,727 shares of the business services provider’s stock worth $206,000 after purchasing an additional 780 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System bought a new position in Liquidity Services during the 4th quarter worth $209,000. Institutional investors and hedge funds own 71.15% of the company’s stock.

About Liquidity Services

(Get Free Report)

Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.

The company’s core services include asset valuation, marketing, inspection and logistics coordination.