Liquidity Services, Inc. (LQDT) Stock

Liquidity Services, Inc. (LQDT) is a Technology stock trading at $37.53 (as of 2026-07-24), with a market capitalization of $1.17B and a trailing P/E of 39.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Liquidity Services, Inc. operates e-commerce marketplaces and related tools for selling surplus, salvage, and excess assets through segments including Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. Its platforms support self-directed listings and services such as asset valuation and sales for corporations, and for government and commercial buyers in the U.S. and Canada.

Understand Liquidity Services, Inc.: how it makes money

Liquidity Services runs e-commerce liquidation and auction marketplaces, plus self-directed listing tools and related services, and it makes money as assets are listed and sold through those marketplaces and platforms.

Profit generation is structurally linked to marketplace activity, because the firm operates auction and listing marketplaces where the business value is tied to goods and capital assets transacting on its platforms (measurable via Gross Merchandise Value and completed transactions).

Revenue by segment (latest quarter)
RSG$0.1B
Cap$0.0B
Gov$0.0B
Mach$0.0B

Business quality (Weak): Clear marketplace-driven structure with four official segments, but the quarter shows a large gap between Gross Merchandise Value and reported revenue, so investors should focus on transaction activity and how effectively it converts into revenue across segments.

Valuation: Trades at 42× trailing earnings · $1B market cap.

Bull case

  • Marketplace scale metrics are available: The company reports operational activity indicators like Consolidated Gross Merchandise Value and Completed Transactions, which map to how much commerce is flowing through its platforms.
  • Multiple marketplace channels: It operates through distinct segments (Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio), which can diversify where transaction volume comes from.
  • Strong gross margin profile: In the latest quarter, gross margin was 46.3% and operating margin was 8.0%.

Bear case

  • Revenue does not track 1:1 with marketplace volume: Consolidated Gross Merchandise Value (0.4 USD_B) is much higher than Consolidated Revenue (0.12 USD_B), so changes in take rate, service mix, or monetization can move operating results even if GMV stays steady.
  • Some segments appear small in reported revenue: Based on provided segment revenue candidates, GovDeals and Capital Assets Group are smaller than the Retail Supply Chain Group, and Machinio revenue is reported as 0.0 USD_B in the candidates set, which can increase concentration risk if any main segment softens.
  • Consignment mix is an operational variable: The company reports a Consignment Gross Merchandise Value Mix (81.0%), which can imply different economics versus other sale types, creating potential sensitivity to mix shifts.
Valuation — source: SEC EDGAR (first-party)
Price$37.53
Market Cap$1.17B
P/E Ratio39.7
EV / EBITDA21.0
Price / Book5.27
Price / Sales2.45
FCF Yield4.3%
DCF Value (model)$20.07
DCF Upside vs Price-46.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$476.67M
Net Margin5.9%
Revenue Growth (YoY)31.2%
EPS Growth (YoY)37.9%
FCF Growth (YoY)-3.8%
Financial Health — source: SEC EDGAR
Altman Z-Score5.94 (safe)
Valuation vs Sector & Industry
Stock P/E39.7
Sector P/E (Technology)34.6
Industry P/E (Business Services)29.7
vs Sector14.8%
vs Industry33.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($103.89M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOWilliam Paul Angrick
Employees781
CountryUS
IPO Date2006-02-27

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LQDT earnings history · LQDT institutional & insider holders · LQDT KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.