Liquidity Services, Inc. (LQDT)
NASDAQIndustrialsSpecialty RetailSnapshot 2026-09-04
$42.11+3.98%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsSpecialty RetailSnapshot 2026-09-04
QuarterlyIQ Insights · LQDT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 3 guided quarters · 26.1% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue expanding marketplace GMV and revenue by leveraging technology, AI, and software to increase buyer and seller engagement and improve operational efficiency.
Stated as a priority in 3 of last 3 quarters. GMV grew from $398 million in 2026-Q1 to $453 million in 2026-Q3, revenue increased from $121.2 million to $129.6 million, and Non-GAAP Adjusted EBITDA rose from $18.1 million to $22.0 million. Management consistently emphasized technology-enabled growth and marketplace expansion, and the financials show delivering progress on this priority.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 67% of the time over the next year (vs 52% for the rest of the cohort, n=6958).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Our third quarter results demonstrate the resounding success of our RISE strategy... unlocking new efficiencies through machine learning, AI and software.”
“Liquidity Services continued to grow its market share and create value... fueled by broad industry coverage, robust buyer liquidity, and improved operating leverage.”
“Liquidity Services demonstrated the ability to scale efficiently, deepen buyer and seller engagement and create long-term value... leveraging technology and process improvements.”
Grow registered buyers, auction participants, and seller accounts while expanding into new geographies including Canada, Mexico, and Brazil.
Stated as a priority in 3 of last 3 quarters. Registered buyers increased from 6.2 million in 2026-Q1 to 6.4 million in 2026-Q3, and GovDeals new accounts grew 30% year over year in 2026-Q2. Management consistently emphasized expanding buyer and seller bases and geographic reach, and the data shows delivering progress on this priority.
“Registered buyers totaled approximately 6.4 million, a 9% increase over Q3-FY25; GovDeals new accounts up 30% year over year.”
“GovDeals signed a number of new accounts, up 30% year over year; growing retail buyer and seller base in Canada, Mexico, and Brazil.”
“We now serve 6.2 million registered buyers, an increase of 9% year-over-year with 983,000 auction participants.”
Continue disciplined capital allocation with capital expenditures around $2 million per quarter and remaining share repurchase authorization of $15 million.
Stated as a priority in 3 of last 3 quarters. Capital expenditures have been consistently guided around $2 million per quarter, with Q4-FY26 guidance between $2.5 million and $3 million. Share repurchase authorization remains at $15 million as of 2026-Q2. Management has maintained disciplined capital allocation with consistent capex and share repurchase pacing, delivering on stated commitments.
“Capital expenditures are expected to be between $2.5 million-$3 million for the fiscal fourth quarter of 2026.”
“Capital expenditures are expected to remain consistent with recent levels of approximately $2 million per quarter.”
“CapEx is expected to remain consistent with recent levels of approximately $2 million per quarter.”
Strengthen human resources leadership by appointing a new Chief Human Resources Officer to support growth and talent development.
Newly stated in 2026-Q3 with the appointment of a new Chief Human Resources Officer. This leadership change aims to support talent acquisition, retention, and development aligned with company growth. No financial metrics directly tied to this priority yet, so progress is early and pending.
“Liquidity Services announced appointment of Karen Fascenda as new Chief Human Resources Officer effective July 6, 2026.”
Focus on driving revenue growth through strategic initiatives.
Over the trailing year it converted -0.32x of net income into operating cash flow. Historically, Industrials names rated fragile grew net income 48% of the time over the next year (vs 59% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
3 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated stable grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=2546).
Not investment advice. As of 2026-09-04.