Liquidity Services, Inc. (LQDT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 120.73M | 121.22M | 118.09M | 119.88M | 116.38M | 122.33M | 106.93M | 93.61M | 91.45M | 71.33M | 79.96M | 80.77M | 81.45M | 72.28M | 75.2M | 69.87M | 68.28M | 66.71M | 70.33M | 69.67M |
| Revenue Growth % | 3.74% | -0.91% | 10.44% | 28.05% | 27.25% | 71.51% | 33.73% | 15.9% | 12.28% | -1.32% | 6.32% | 15.61% | 19.3% | 8.36% | 6.93% | 0.29% | 10.5% | 19.65% | 25.83% | 45.98% |
| Cost of Goods Sold | 67.5M | 66.77M | 61.63M | 65.11M | 68.95M | 72.16M | 58.19M | 44.21M | 44.22M | 31.53M | 34.98M | 35.2M | 40.37M | 31.77M | 33.74M | 28.93M | 28.97M | 27.76M | 30.18M | 28.54M |
| COGS % of Revenue | 55.91% | 55.08% | 52.19% | 54.31% | 59.24% | 58.99% | 54.42% | 47.23% | 48.35% | 44.2% | 43.75% | 43.58% | 49.56% | 43.96% | 44.87% | 41.41% | 42.43% | 41.62% | 42.91% | 40.97% |
| Gross Profit | 53.23M | 54.45M | 56.45M | 54.77M | 47.43M | 50.17M | 48.73M | 49.4M | 47.23M | 39.8M | 44.98M | 45.57M | 41.09M | 40.51M | 41.46M | 40.93M | 39.31M | 38.95M | 40.15M | 41.12M |
| Gross Margin % | 44.09% | 44.92% | 47.81% | 45.69% | 40.76% | 41.01% | 45.58% | 52.77% | 51.65% | 55.8% | 56.25% | 56.42% | 50.44% | 56.04% | 55.13% | 58.59% | 57.57% | 58.38% | 57.09% | 59.03% |
| Gross Profit Growth % | 12.23% | 8.54% | 15.84% | 10.86% | 0.42% | 26.05% | 8.36% | 8.41% | 14.95% | -1.75% | 8.49% | 11.32% | 4.53% | 4.02% | 3.26% | -0.46% | 11.03% | 17.38% | 21.07% | 63.01% |
| Operating Expenses | 43.61M | 45.08M | 45.5M | 44.55M | 40.63M | 43.08M | 41.47M | 41.51M | 40.64M | 38.15M | 37.1M | 37.31M | 35.84M | 35.78M | 30.21M | 22.24M | 26.32M | 34.46M | 31.84M | 32.53M |
| OpEx % of Revenue | 36.12% | 37.19% | 38.53% | 37.16% | 34.91% | 35.22% | 38.78% | 44.34% | 44.43% | 53.49% | 46.39% | 46.2% | 44% | 49.5% | 40.17% | 31.83% | 38.56% | 51.66% | 45.27% | 46.69% |
| Selling, General & Admin | 25.19M | 26.78M | 25.86M | 23.91M | 20.92M | 23.04M | 22.01M | 22.36M | 21.85M | 20.57M | 20.56M | 20.52M | 18.26M | 18.18M | -23.96M | 17.29M | 18.33M | 18.27M | 30.04M | 29.64M |
| SG&A % of Revenue | 20.86% | 22.09% | 21.9% | 19.95% | 17.97% | 18.83% | 20.59% | 23.89% | 23.9% | 28.83% | 25.72% | 25.41% | 22.42% | 25.14% | -31.86% | 24.75% | 26.84% | 27.39% | 42.71% | 42.55% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 9.62M | 9.37M | 10.96M | 10.22M | 6.8M | 7.09M | 7.27M | 7.89M | 6.59M | 1.65M | 7.88M | 8.26M | 5.25M | 4.73M | 11.24M | 18.7M | 12.98M | 4.48M | 8.31M | 8.59M |
| Operating Margin % | 7.97% | 7.73% | 9.28% | 8.52% | 5.85% | 5.79% | 6.8% | 8.43% | 7.21% | 2.31% | 9.85% | 10.22% | 6.44% | 6.54% | 14.95% | 26.76% | 19.02% | 6.72% | 11.82% | 12.34% |
| Operating Income Growth % | 41.41% | 32.23% | 50.81% | 29.42% | 3.15% | 330.3% | -7.78% | -4.36% | 25.71% | -65.16% | -29.93% | -55.84% | -59.59% | 5.44% | 35.32% | 117.54% | 130.28% | -3.09% | 55.41% | 4240.4% |
| EBITDA | 12.26M | 11.95M | 13.63M | 12.88M | 9.37M | 9.6M | 10.09M | 11.09M | 9.79M | 4.55M | 10.7M | 11.12M | 8.05M | 7.49M | 14.02M | 21.34M | 15.59M | 6.79M | 10.03M | 10.3M |
| EBITDA Margin % | 10.15% | 9.86% | 11.54% | 10.74% | 8.05% | 7.85% | 9.44% | 11.85% | 10.71% | 6.38% | 13.38% | 13.77% | 9.88% | 10.36% | 18.64% | 30.54% | 22.83% | 10.17% | 14.27% | 14.78% |
| EBITDA Growth % | 30.83% | 24.48% | 35.06% | 16.05% | -4.28% | 111.01% | -5.72% | -0.24% | 21.63% | -39.25% | -23.68% | -47.87% | -48.36% | 10.41% | 39.75% | 107.16% | 113.29% | 4.43% | 44.96% | 483.51% |
| D&A (Non-Cash Add-back) | 2.64M | 2.58M | 2.67M | 2.66M | 2.57M | 2.52M | 2.82M | 3.2M | 3.19M | 2.9M | 2.82M | 2.87M | 2.8M | 2.76M | 2.78M | 2.64M | 2.6M | 2.3M | 1.72M | 1.71M |
| EBIT | 9.62M | 10.52M | 10.96M | 10.22M | 6.8M | 7.09M | 7.27M | 7.89M | 6.59M | 1.65M | 7.88M | 8.26M | 5.25M | 4.73M | 6.75M | 7.2M | 4.48M | 4.48M | 9.77M | 8.59M |
| Net Interest Income | 1.05M | 0 | 1.29M | 1.08M | 903K | 1.1M | 1.3M | 807K | 601K | 1.14M | 1.18M | 775K | 572K | 389K | 175K | -104K | 46K | 131K | -57K | 254K |
| Interest Income | 1.05M | 0 | 1.29M | 1.08M | 903K | 1.1M | 1.3M | 807K | 601K | 1.14M | 1.18M | 775K | 572K | 389K | 175K | 0 | 46K | 131K | 0 | 254K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104K | 0 | 0 | 57K | 0 |
| Other Income/Expense | 1.05M | 1.15M | 1.29M | 1.08M | 903K | 1.1M | 1.31M | 807K | 601K | 1.14M | 1.17M | 775K | 572K | 389K | 175K | -104K | 46K | 131K | -57K | 254K |
| Pretax Income | 10.67M | 10.52M | 12.25M | 11.29M | 7.71M | 8.19M | 8.57M | 8.7M | 7.2M | 2.79M | 9.05M | 9.03M | 5.82M | 5.12M | 11.42M | 18.59M | 13.03M | 4.61M | 8.25M | 8.85M |
| Pretax Margin % | 8.84% | 8.68% | 10.37% | 9.42% | 6.62% | 6.69% | 8.02% | 9.3% | 7.87% | 3.91% | 11.32% | 11.18% | 7.14% | 7.08% | 15.19% | 26.61% | 19.08% | 6.92% | 11.74% | 12.7% |
| Income Tax | 3.15M | 3.03M | 4.43M | 3.88M | 655K | 2.38M | 2.2M | 2.7M | 1.49M | 881K | 2.77M | 2.54M | 1.57M | 1.15M | 3.08M | 2.18M | 1.06M | 1.01M | -24.5M | 429K |
| Effective Tax Rate % | 29.52% | 28.79% | 36.15% | 34.4% | 8.5% | 29.06% | 25.64% | 31.05% | 20.66% | 31.6% | 30.64% | 28.16% | 27.04% | 22.46% | 26.93% | 11.74% | 8.13% | 21.93% | -296.9% | 4.85% |
| Net Income | 7.52M | 7.49M | 7.82M | 7.41M | 7.05M | 5.81M | 6.38M | 6M | 5.71M | 1.91M | 6.28M | 6.49M | 4.25M | 3.97M | 8.35M | 16.41M | 11.97M | 3.6M | 32.76M | 8.42M |
| Net Margin % | 6.23% | 6.18% | 6.62% | 6.18% | 6.06% | 4.75% | 5.96% | 6.41% | 6.24% | 2.67% | 7.85% | 8.03% | 5.21% | 5.49% | 11.1% | 23.48% | 17.53% | 5.4% | 46.58% | 12.08% |
| Net Income Growth % | 6.68% | 28.9% | 22.7% | 23.5% | 23.51% | 204.67% | 1.51% | -7.51% | 34.49% | -51.93% | -24.75% | -60.46% | -64.54% | 10.13% | -74.52% | 94.89% | 127.57% | -20.2% | 501.36% | 3852.58% |
| Net Income (Continuing) | 7.52M | 7.49M | 7.82M | 7.41M | 7.05M | 5.81M | 6.38M | 6M | 5.71M | 1.91M | 6.28M | 6.49M | 4.25M | 3.97M | 8.35M | 16.41M | 11.97M | 3.6M | 32.76M | 8.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.23 | 0.23 | 0.24 | 0.23 | 0.22 | 0.18 | 0.20 | 0.19 | 0.18 | 0.06 | 0.20 | 0.21 | 0.13 | 0.12 | 0.25 | 0.50 | 0.35 | 0.10 | 0.92 | 0.24 |
| EPS Growth % | 4.55% | 27.78% | 20% | 21.05% | 22.22% | 201.51% | 0% | -9.52% | 38.46% | -50.25% | -20% | -58% | -62.86% | 20% | -72.83% | 108.33% | 133.33% | -23.08% | 475% | 2300% |
| EPS (Basic) | 0.24 | 0.24 | 0.25 | 0.24 | 0.23 | 0.19 | 0.20 | 0.20 | 0.19 | 0.06 | 0.21 | 0.21 | 0.14 | 0.12 | 0.26 | 0.51 | 0.37 | 0.11 | 0.98 | 0.25 |
| Diluted Shares Outstanding | 32.3M | 32.3M | 32.32M | 32.5M | 32.52M | 32.2M | 31.63M | 31.46M | 31.46M | 31.94M | 31.75M | 31.51M | 32.12M | 32.94M | 33.07M | 33.08M | 34M | 34.87M | 35.56M | 35.44M |
| Basic Shares Outstanding | 30.84M | 30.64M | 30.92M | 31.16M | 31.01M | 30.64M | 31.94M | 30.39M | 30.5M | 30.61M | 30.58M | 30.61M | 31.31M | 31.82M | 31.73M | 31.91M | 32.56M | 32.97M | 33.49M | 33.37M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |