9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $477M | $28M | 43.8% | 7.4% | $59M | — | $175M |
| 2024 | $363M | $20M | 51.0% | 6.4% | $61M | — | $153M |
| 2023 | $314M | $21M | 54.7% | 8.3% | $42M | — | $110M |
| 2022 | $280M | $40M | 57.4% | 16.9% | $37M | — | $96M |
| 2021 | $258M | $51M | 58.2% | 10.5% | $60M | — | $106M |
| 2020 | $206M | — | 53.4% | -1.9% | $12M | — | $76M |
| 2019 | $227M | — | 50.0% | -8.6% | -$12M | — | $36M |
| 2018 | $225M | — | 48.9% | -9.7% | -$4M | — | $58M |
| 2017 | $270M | — | 46.1% | -14.9% | -$39M | — | $94M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $121M | $8M | 46.3% | 8.0% | $27M | — | $195M |
| Dec '25 | $121M | $7M | 47.0% | 7.7% | -$3M | — | $170M |
| Sep '25 | $118M | $8M | 47.8% | 9.3% | $36M | — | $175M |
| Jun '25 | $120M | $7M | 45.7% | 8.5% | $17M | — | $156M |
| Mar '25 | $116M | $7M | 40.8% | 5.8% | $20M | — | $138M |
| Dec '24 | $122M | $6M | 41.0% | 5.8% | -$14M | — | $129M |
| Sep '24 | $107M | $6M | 45.6% | 6.8% | $19M | — | $153M |
| Jun '24 | $94M | $6M | 52.8% | 8.4% | $20M | — | $130M |
| Mar '24 | $91M | $6M | 51.6% | 7.2% | $32M | — | $109M |
| Dec '23 | $71M | $2M | 55.8% | 2.3% | -$11M | — | $99M |
| Sep '23 | $80M | $6M | 56.2% | 9.9% | $13M | — | $110M |
| Jun '23 | $81M | $6M | 56.4% | 10.2% | $9M | — | $98M |
| Mar '23 | $81M | $4M | 50.4% | 6.4% | $31M | — | $96M |
| Dec '22 | $72M | $4M | 56.0% | 6.5% | -$12M | — | $76M |
| Sep '22 | $75M | $8M | 55.1% | 15.0% | $12M | — | $96M |
| Jun '22 | $70M | $16M | 58.6% | 26.8% | $14M | — | $88M |
| Mar '22 | $68M | $12M | 57.6% | 19.0% | $11M | — | $84M |
| Dec '21 | $67M | $4M | 58.4% | 6.7% | -$93000 | — | $91M |
| Sep '21 | $70M | — | 57.1% | 11.8% | $9M | — | $106M |
| Jun '21 | $70M | $8M | 59.0% | 12.3% | $22M | — | $113M |
How the market has priced LQDT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, LIQUIDITY SERVICES INC's revenue has grown 18.3% per year, and net income declined 13.8% per year. These are computed facts, not advice.
As of FY2025, LIQUIDITY SERVICES INC reported — of total debt against $175M of cash.
In FY2025, gross margin was 43.8%, operating margin 7.4%, and net margin 5.9%.
As of Jun '26, LIQUIDITY SERVICES INC traded at a price-to-earnings ratio of about 42.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.