Liquidity Services ( (LQDT) ) has released its Q4 earnings. Here is a breakdown of the information Liquidity Services presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Liquidity Services is a global leader in e-commerce marketplaces and software solutions, specializing in the circular economy by facilitating the sale of surplus assets. The company operates across various sectors, including industrial, retail, and government, providing a platform for buyers and sellers to connect efficiently.
In its latest earnings report for the fourth quarter of fiscal year 2025, Liquidity Services announced a significant increase in gross merchandise volume (GMV) and revenue, driven by market share expansion and operational leverage. The company surpassed an annual GMV milestone of $1.5 billion and reported a record number of auction participants.
Key financial highlights for the fourth quarter include a 12% increase in GMV to $404.5 million and a 10% rise in revenue to $118.1 million. The company also reported a 23% increase in GAAP net income to $7.8 million and a 28% rise in non-GAAP adjusted EBITDA to $18.5 million. Liquidity Services’ strategic initiatives, such as expanding its marketplace capabilities and integrating new payment solutions, have contributed to its robust performance.
For the fiscal year 2025, Liquidity Services achieved a 15% increase in GMV to $1.57 billion and a 31% rise in revenue to $476.7 million. The company also experienced a 41% increase in GAAP net income to $28.1 million. The board approved a $15 million increase in share repurchase authorization, reflecting confidence in the company’s growth trajectory.
Looking ahead, Liquidity Services is optimistic about further scaling its marketplace platform and deepening client relationships. The company is focused on organic growth initiatives and acquisitions to maintain its leadership in the circular economy, with expectations of continued profitability and market expansion.

