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Liquidity Services LQDT Operating Income

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Other financials

Income statement

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Revenue$129.6M+8.1%
Gross profit$63.8M+16.6%
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

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Market cap$1.31B+68.8%
Enterprise value$1.1B+73.9%
P/E39.4×+10.3×
P/S2.7×+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×

Where this comes from

Reported directly by Liquidity Services in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Liquidity Services’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 12:03 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337292
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Depreciation and amortization2,6832,6577,9067,741
Other operating expenses47001081,073
Total costs and expenses115,440109,657338,401334,473
Income from operations14,13810,21833,12924,108
Interest and other income, net(1,360)(1,077)(3,558)(3,083)
Income before provision for income taxes15,49811,29536,68727,191
Provision for income taxes5,0723,88511,2506,920
Net income$10,426$7,410$25,437$20,271

Item 1. Financial Statements (Unaudited)

FAQ

What is Liquidity Services's operating income?
Liquidity Services (LQDT) reported operating income of $14.14M in Q2 2026.
How has Liquidity Services's operating income changed year-over-year?
Liquidity Services's operating income increased by 38.4% year-over-year, from $10.22M to $14.14M.
What is the long-term trend for Liquidity Services's operating income?
Over 4 years (2021 to 2025), Liquidity Services's operating income has grown at a 6.6% compound annual growth rate (CAGR), from $27.17M to $35.07M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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