Liquidity Services, Inc. (LQDT) — Financial statements
Income statement, balance sheet, and cash flow for Liquidity Services, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 477↑31.2% | 363↑15.5% | 314↑12.3% | 280↑8.7% | 258 | |
| Cost of Revenue | 268↑50.4% | 178↑25.2% | 142↑19.2% | 119↑10.9% | 108 | |
| Gross Profit | 209↑12.8% | 185↑7.6% | 172↑7.2% | 161↑7.2% | 150 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00↓100.0% | 56↑16.5% | 48 | |
| General & Administrative Expenses | 33↑2.5% | 32↑13.8% | 28↓0.7% | 28↓2.3% | 29 | |
| Selling & Marketing Expenses | 61↑11.2% | 55↑10.9% | 49↑14.4% | 43↑14.9% | 38 | |
| SG&A Expenses | 94↑8.0% | 87↑12.0% | 78↑8.4% | 72↑7.4% | 67 | |
| Other Expenses | 80↑6.7% | 75↑9.4% | 69↑596.9% | -14↓263.4% | 8 | |
| Operating Expenses | 174↑7.4% | 162↑10.8% | 146↑29.0% | 113↓7.7% | 123 | |
| Total Costs & Expenses | 442↑29.9% | 340↑17.9% | 288↑23.9% | 233↑1.0% | 230 | |
| Operating Results | ||||||
| Operating Income | 35↑49.8% | 23↓10.3% | 26↓44.9% | 47↑74.5% | 27 | |
| Depreciation & Amortization | 10↓14.1% | 12↑7.7% | 11↑9.0% | 10↑48.1% | 7 | |
| EBITDA | 45↑28.0% | 36↓4.9% | 37↑12.4% | 33↓2.7% | 34 | |
| EBIT | 35↑49.8% | 23↓10.3% | 26↑14.0% | 23↓15.7% | 27 | |
| Interest & Other Income | ||||||
| Net Interest Income | 4↑13.5% | 4↑32.3% | 3↑1074.2% | 0.25↓39.7% | 0.41 | |
| Interest Income | 4↑13.5% | 4↑32.3% | 3↑1074.2% | 0.25↓39.7% | 0.41 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00↓100.0% | 0.00↓100.0% | 25 | 0.00 | |
| Other Income / Expenses | 4↑13.5% | 4↑32.5% | 3↑1073.8% | 0.25↓39.7% | 0.41 | |
| Income Before Tax | 39↑44.7% | 27↓6.1% | 29↓39.1% | 48↑72.8% | 28 | |
| Income Tax Expense | 11↑56.1% | 7↓9.6% | 8↑9.7% | 7↑131.4% | -23 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 28↑40.5% | 20↓4.7% | 21↓48.0% | 40↓20.9% | 51 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 28↑40.5% | 20↓4.7% | 21↓48.0% | 40↓20.9% | 51 | |
| Bottom-Line Net Income | 28↑40.5% | 20↓4.7% | 21↓48.0% | 40↓20.9% | 51 | |
| EPS (Basic) | 0.91↑37.9% | 0.66↓2.9% | 0.68↓45.6% | 1.25↓18.3% | 1.53 | |
| EPS (Diluted) | 0.87↑38.1% | 0.63↓3.1% | 0.65↓45.8% | 1.20↓17.2% | 1.45 | |
| Weighted Average Shares | 31↑1.4% | 30↓1.9% | 31↓3.8% | 32↓3.1% | 33 | |
| Weighted Average Diluted Shares | 32↑2.5% | 32↓1.4% | 32↓4.9% | 34↓3.7% | 35 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.