Company Analysis

Liquidity Services, Inc. (LQDT)

Nasdaq: LQDT · Services-Business Services, NEC · Bethesda, MD · filing with the SEC since 2003
Grade6.1
◀ Past 4.9● Present 6.7▶ Future 6.3

The grade of Liquidity Services, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past4.925% of the headline
● Present6.735% of the headline
▶ Future6.340% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.9/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.3/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2021-12-27.

weight 22% of this tense · 53rd percentile among 105 sector filers · read for itself

From the record

Liquidity Services, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2021-12-27) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.0/10

What has it actually done, year after year?

+7.4% a year over 9 filed years; profitable in 5 of 9.

weight 45% of this tense · 40th percentile among 99 sector filers · read for its customers

From the record

Liquidity Services, Inc.'s 9 filed years say what it did: revenue went from $270 million in fiscal 2017 to $477 million in fiscal 2025, up 7.4% a year; it rose in 6 of 8 years; the deepest fall was 24% from fiscal 2017 to fiscal 2020; net income was positive in 5 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.4%bottom 31% of its family
  • the share of years revenue rosebottom 41% of its family
  • the share of filed years with a profittop 45% of its family
  • the deepest fall from a revenue peak23.7%bottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.7/10

How has it treated the people who own it?

Share count shrank 1.3% a year. 25% of cash flow returned. Insiders: 84 sales, 0 purchases.

weight 33% of this tense · 57th percentile among 70 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, Liquidity Services, Inc.'s diluted share count shrank about 1.3% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 84 sales (26 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 28% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
6.5/10

Is it financially healthy right now?

ROE 14%: 14¢ of profit per shareholder dollar. Leverage 46%: owes 46¢ per asset dollar.

weight 33% of this tense · 65th percentile among 98 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Liquidity Services, Inc. earned about 14 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 56 cents per dollar of everything the company owns. Leverage: it owed about 46 cents per dollar of assets, and net share issuance: its share count grew 2.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 30% of its family
  • return on equitytop 33% of its family
  • gross profit against assetstop 9% of its family
  • the share count against the year beforebottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.6/10

How strong is its position in its industry?

top 44% of 101 in its family; net margin 5.9%.

weight 45% of this tense · 56th percentile among 101 sector filers · read for its customers

From the record

Liquidity Services, Inc.'s standing among 101 graded names in its industry family: revenue of $477 million in fiscal 2025 ranks in the bottom 36% by size; a net margin of 5.9% ranks in the top 39%; revenue growth of 19.4% a year over the last 3 filed years ranks in the top 29% (its annual reports).

What it rests on

  • revenue against the family$477Mbottom 36% of its family
  • net margin5.9%top 39% of its family
  • three-year revenue growth19.4%top 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
9.1/10

What are the people in charge doing?

top 9% of 65 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 91st percentile among 65 sector filers · read for its shareholders

From the record

Liquidity Services, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Angrick, William P III (Chairman of the Board and CEO, as filed), filing under that title since 2006-02-22, 20.7 years (top 1% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 8.9 years (top 10%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 16%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 14 peopletop 16% of its family
  • the median years the people in charge have filed8.9 yearstop 10% of its family
  • the chief executive's years on the record20.7 yearstop 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.6/10

How much room does it have to grow?

top 34% of 99 in its family for room to expand.

weight 33% of this tense · 66th percentile among 99 sector filers · read for itself

From the record

Liquidity Services, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $175 million against no long-term debt tagged leaves 46.5% of its assets as net cash, top 7% of its family; cash from operations less capital spending is 12.4% of revenue (top 47%); a gross margin of 43.8% (top 47%) (its annual report).

What it rests on

  • cash less debt against assets46.5%top 7% of its family
  • cash from operations less capital spending against revenue12.4%top 47% of its family
  • gross margin43.8%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 99 in its family for growth drivers.

weight 45% of this tense · 70th percentile among 99 sector filers · read for its customers

From the record

Liquidity Services, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.4% a year over the last three filed years against 7.4% over all 9, speeding up (top 6% of its family); the newest year grew 31.2% (top 16%); capital spending grew -1.3% a year (bottom 31%) (its annual reports). Liquidity Services, Inc. reported 2 product lines in fiscal 2025: Product at $311 million (65%), Consignment and Other Fee Revenues at $166 million (35%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+12.0 points a yeartop 6% of its family
  • the newest year's revenue growth31.2%top 16% of its family
  • three-year growth of capital spending-1.3%bottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.3/10

Did its newest year beat what its own record pointed to?

bottom 44% of 93 in its family for expectations against reality.

weight 22% of this tense · 44th percentile among 93 sector filers · read for its shareholders

From the record

Liquidity Services, Inc.'s newest year against its own record: revenue of $477 million in fiscal 2025 came in 15.2% above the $414 million its prior three years' pace pointed to (top 13% of its family); net income of $28 million against a prior three-year average of $27 million (bottom 22%); a net margin of 5.9% against 8.9% before (bottom 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace15.2%top 13% of its family
  • net income against the prior three years' average+4%bottom 22% of its family
  • net margin against its prior average-3.0 pointsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LQDT · research, not advice