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Liquidity Services LQDT Q3 2026 earnings

Reported August 6, 2026 · Before market open

Revenue$129.6MBeat by $71.7M
EPS$0.45Beat by $0.11
Revenue estimate$57.8M
EPS estimate$0.35
“Our third quarter results demonstrate the resounding success of our RISE strategy to drive value for buyers and sellers across the entire Circular Economy as we march closer to our $2 Billion annual GMV target. We are unlocking new efficiencies for our customers and internal operations through the smart use of machine learning, artificial intelligence and software which has translated to higher recovery, sales volume and market share. During Q3, our marketplaces drove continued growth in seller adoption and buyer liquidity resulting in a 17% increase in the number of completed transactions, expanded margins and strong free cash flow. Our expanding multi-channel buyer base across the retail, industrial and public sector verticals supports stronger recovery and scalable, asset light growth. Our strong performance reflects the payoff from our ongoing investment in innovation, service and scale and we are well positioned for continued growth in all economic climates.”
Bill Angrick

Next report

Nov 19, 2026 (in 2 months)
Revenue estimate$61.1M
EPS estimate$0.44

Financials

Q3 2026

Income statement

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Revenue$129.6M+8.1%
Gross profit$63.8M+16.6%
Operating income$14.1M+38.4%
Net income$10.4M+40.7%
EPS (diluted)$0.32+39.1%

Balance sheet

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Cash & equivalents$219.8M+41.2%
Total debt$13.8M-4.7%
Total equity$235.9M+13.0%
Total assets$420.1M+12.8%

Cash flow

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Operating cash flow$31.2M+61.8%
CapEx$1.8M-15.9%
Free cash flow$29.4M+71.3%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$1.37B+61.6%
Enterprise value$1.16B+69.4%
P/E41.1×+11.0×
P/S2.8×+1.0×

Profitability

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Gross margin47.6%+4.4pp
Operating margin9%+2.3pp
Net margin6.8%+1.1pp
FCF margin18.4%+9.3pp

Returns & leverage

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Return on equity15%+1.0pp
Debt / equity0.1×0.0×
Current ratio1.6×+0.2×

Segments

By segment

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RSCG$87.8M+7.7%
Gov Deals$25.5M+6.5%
CAG$10.8M+17.8%
Machinio And Software Solutions Corporation$5.4M—

By product

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Consignment And Other Fee Revenues$47.7M+10.1%

FAQ

When did Liquidity Services report Q3 2026 earnings?
Liquidity Services (LQDT) reported Q3 2026 earnings on August 6, 2026 before market open.
What were Liquidity Services's Q3 2026 revenue and EPS?
Liquidity Services reported revenue of $129.6M and eps of $0.45 for Q3 2026.
Did Liquidity Services beat estimates in Q3 2026?
Revenue beat the consensus estimate of $57.8M by $71.7M. EPS beat the consensus estimate of $0.34 by $0.11.
How did Liquidity Services's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 8.1% from $119.9M a year earlier and eps grew 32.4% from $0.34.
Where can I find Liquidity Services's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-336662) and the 10-Q periodic report (0001193125-26-337292) directly on SEC EDGAR. The filing index links above go to sec.gov.