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Liquidity Services LQDT Q2 2025 earnings

Reported May 8, 2025 · Before market open

Revenue$116.4MMiss by $4.6M
EPS$0.31Beat by $0.01
Revenue estimate$121.0M
EPS estimate$0.30

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$57.8M
EPS estimate$0.35

Financials

Q2 2025

Income statement

See full
Revenue$116.4M+27.3%
Gross profit$47.4M+0.4%
Operating income$6.8M+3.2%
Net income$7.1M+23.5%
EPS (diluted)$0.22+22.2%

Balance sheet

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Cash & equivalents$138.5M+27.5%
Total debt$15.2M+38.8%
Total equity$196.3M+19.8%
Total assets$358.8M+18.2%

Cash flow

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Operating cash flow$21.6M-37.9%
CapEx$1.9M-21.5%
Free cash flow$19.8M-39.1%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$962.53M+69.1%
Enterprise value$839.26M+78.0%
P/E38.1×+10.2×
P/S2.2×+0.4×

Profitability

See full
Gross margin44.6%-10.3pp
Operating margin6.6%-0.9pp
Net margin5.7%-0.6pp
FCF margin10.3%-3.3pp

Returns & leverage

See full
Return on equity14%+1.1pp
Debt / equity0.1×0.0×
Current ratio1.3×+0.2×

Segments

By segment

See full
RSCG$82.7M+45.6%
Gov Deals$19.2M+4.7%
CAG$9.6M-21.9%

By product

See full
Consignment And Other Fee Revenues$38.5M+0.5%

Versus estimates

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Questions, answered.

When did Liquidity Services report Q2 2025 earnings?
Liquidity Services (LQDT) reported Q2 2025 earnings on May 8, 2025 before market open.
What were Liquidity Services's Q2 2025 revenue and EPS?
Liquidity Services reported revenue of $116.4M and eps of $0.31 for Q2 2025.
Did Liquidity Services beat estimates in Q2 2025?
Revenue missed the consensus estimate of $121.0M by $4.6M. EPS beat the consensus estimate of $0.30 by $0.01.
How did Liquidity Services's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 27.3% from $91.5M a year earlier and eps grew 14.8% from $0.27.
Where can I find Liquidity Services's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-066569) directly on SEC EDGAR. The filing index links above go to sec.gov.