Liquidity Services (LQDT)


Market Price (7/22/2026): $38.8 | Market Cap: $1.2 BilSector: Industrials | Industry: Diversified Support Services

Liquidity Services (LQDT)


Market Price (7/22/2026): $38.8
Market Cap: $1.2 Bil
Sector: Industrials
Industry: Diversified Support Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -16%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%

Attractive yield
FCF Yield is 6.4%

Low stock price volatility
Vol 12M is 35%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Circular Economy & Recycling. Themes include Online Marketplaces, and Asset Remarketing & Reuse.

Key risks
LQDT key risks include [1] a significant dependence on key vendor contracts, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -16%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
2 Attractive yield
FCF Yield is 6.4%
3 Low stock price volatility
Vol 12M is 35%
4 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Circular Economy & Recycling. Themes include Online Marketplaces, and Asset Remarketing & Reuse.
5 Key risks
LQDT key risks include [1] a significant dependence on key vendor contracts, Show more.

LQDT in ETFs

Weight = LQDT's share of each fund

VTI0.00%
ITOT0.00%
IWM0.03%
IJR0.05%
IJT0.11%
SLYG0.11%
IWO0.06%
VTWO0.03%
+5 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/20/2026

Liquidity Services (LQDT) stock has gained about 25% since 3/31/2026 because of the following key factors:

1. Liquidity Services reported a strong fiscal Q2 2026 earnings beat, significantly exceeding analyst expectations.

The company announced its financial results for the fiscal second quarter of 2026 (ended March 31, 2026) on May 7, 2026. Non-GAAP Adjusted Diluted EPS was $0.35, an increase of 13% year-over-year, which surpassed analysts' consensus estimates of $0.29-$0.30 by $0.05-$0.06. Additionally, revenue rose 4% year-over-year to $120.7 million, substantially exceeding anticipated revenue figures, which were estimated around $51.1 million to $52.86 million. Gross Merchandise Volume (GMV) also increased by 6% year-over-year, reaching $389.9 million.

2. The company demonstrated strong operating leverage and expansion across its marketplace platform.

Fiscal Q2 2026 results highlighted improved operating leverage and stronger segment direct profit. Liquidity Services reported a 37% increase in Non-GAAP Adjusted EBITDA year-over-year, reaching $16.7 million. Growth was notable in its RSCG, GovDeals, and CAG segments, driven by higher buyer density, more seller accounts, and the use of AI-enabled sales and fulfillment tools. This operational efficiency and platform strength are seen as contributing to sustainable, profitable growth.

Show more
Updated on 7/20/2026

Liquidity Services (LQDT) stock has gained about 25% since 3/31/2026 because of the following key factors:

1. Liquidity Services reported a strong fiscal Q2 2026 earnings beat, significantly exceeding analyst expectations.

The company announced its financial results for the fiscal second quarter of 2026 (ended March 31, 2026) on May 7, 2026. Non-GAAP Adjusted Diluted EPS was $0.35, an increase of 13% year-over-year, which surpassed analysts' consensus estimates of $0.29-$0.30 by $0.05-$0.06. Additionally, revenue rose 4% year-over-year to $120.7 million, substantially exceeding anticipated revenue figures, which were estimated around $51.1 million to $52.86 million. Gross Merchandise Volume (GMV) also increased by 6% year-over-year, reaching $389.9 million.

2. The company demonstrated strong operating leverage and expansion across its marketplace platform.

Fiscal Q2 2026 results highlighted improved operating leverage and stronger segment direct profit. Liquidity Services reported a 37% increase in Non-GAAP Adjusted EBITDA year-over-year, reaching $16.7 million. Growth was notable in its RSCG, GovDeals, and CAG segments, driven by higher buyer density, more seller accounts, and the use of AI-enabled sales and fulfillment tools. This operational efficiency and platform strength are seen as contributing to sustainable, profitable growth.

3. Positive analyst sentiment and favorable price targets contributed to investor confidence.

Since March 31, 2026, Liquidity Services has received several positive analyst actions. Wall Street Zen upgraded LQDT from a "buy" rating to a "strong-buy" rating on July 20, 2026. Barrington Research reiterated an "outperform" rating with a $44.00 price target on May 21, 2026. Furthermore, Weiss Ratings raised its rating from "hold (c+)" to "buy (b-)" on June 24, 2026. The average analyst price target for LQDT is $44.00, suggesting an approximate 11.82% upside potential from a stock price of $39.35 (as of a July 2026 date), with a consensus rating of "Moderate Buy".

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Stock Movement Drivers

Fundamental Drivers

The 27.0% change in LQDT stock from 3/31/2026 to 7/21/2026 was primarily driven by a 26.8% change in the company's P/E Multiple.
(LTM values as of)33120267212026Change
Stock Price ($)30.5738.8327.0%
Change Contribution By: 
Total Revenues ($ Mil)4764800.9%
Net Income Margin (%)6.3%6.3%0.7%
P/E Multiple31.539.926.8%
Shares Outstanding (Mil)3131-1.4%
Cumulative Contribution27.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/21/2026
ReturnCorrelation
LQDT27.0% 
Market (SPY)15.1%23.5%
Sector (XLI)10.5%12.6%

Fundamental Drivers

The 28.1% change in LQDT stock from 12/31/2025 to 7/21/2026 was primarily driven by a 19.5% change in the company's P/E Multiple.
(LTM values as of)123120257212026Change
Stock Price ($)30.3138.8328.1%
Change Contribution By: 
Total Revenues ($ Mil)4774800.7%
Net Income Margin (%)5.9%6.3%6.9%
P/E Multiple33.439.919.5%
Shares Outstanding (Mil)3131-0.4%
Cumulative Contribution28.1%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/21/2026
ReturnCorrelation
LQDT28.1% 
Market (SPY)10.0%34.3%
Sector (XLI)15.5%22.5%

Fundamental Drivers

The 64.6% change in LQDT stock from 6/30/2025 to 7/21/2026 was primarily driven by a 37.6% change in the company's P/E Multiple.
(LTM values as of)63020257212026Change
Stock Price ($)23.5938.8364.6%
Change Contribution By: 
Total Revenues ($ Mil)4394809.3%
Net Income Margin (%)5.7%6.3%9.7%
P/E Multiple29.039.937.6%
Shares Outstanding (Mil)3131-0.1%
Cumulative Contribution64.6%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/21/2026
ReturnCorrelation
LQDT64.6% 
Market (SPY)22.1%31.2%
Sector (XLI)22.4%24.2%

Fundamental Drivers

The 135.3% change in LQDT stock from 6/30/2023 to 7/21/2026 was primarily driven by a 154.5% change in the company's P/E Multiple.
(LTM values as of)63020237212026Change
Stock Price ($)16.5038.83135.3%
Change Contribution By: 
Total Revenues ($ Mil)29948060.6%
Net Income Margin (%)11.0%6.3%-42.9%
P/E Multiple15.739.9154.5%
Shares Outstanding (Mil)31310.8%
Cumulative Contribution135.3%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/21/2026
ReturnCorrelation
LQDT135.3% 
Market (SPY)74.8%29.0%
Sector (XLI)73.4%27.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LQDT Return39%-36%22%88%-6%28%144%
Peers Return-10%-27%55%32%-26%-10%-11%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
LQDT Win Rate58%17%58%75%67%57% 
Peers Win Rate41%42%69%56%42%43% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
LQDT Max Drawdown-32%-48%-20%-13%-41%-15% 
Peers Max Drawdown-22%-43%-18%-17%-46%-36% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: RBA, CPRT, ACVA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/21/2026 (YTD)

How Low Can It Go

EventLQDTS&P 500
2025 US Tariff Shock
  % Loss-34.9%-18.8%
  % Gain to Breakeven53.5%23.1%
  Time to Breakeven335 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-47.6%-24.5%
  % Gain to Breakeven90.8%32.4%
  Time to Breakeven82 days427 days
2020 COVID-19 Crash
  % Loss-35.3%-33.7%
  % Gain to Breakeven54.6%50.9%
  Time to Breakeven13 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-41.8%-3.7%
  % Gain to Breakeven71.8%3.9%
  Time to Breakeven1227 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-43.5%-12.2%
  % Gain to Breakeven77.0%13.9%
  Time to Breakeven144 days62 days
2014-2016 Oil Price Collapse
  % Loss-70.1%-6.8%
  % Gain to Breakeven234.9%7.3%
  Time to Breakeven1765 days15 days

Compare to RBA, CPRT, ACVA

In The Past

Liquidity Services's stock fell -34.9% during the 2025 US Tariff Shock. Such a loss loss requires a 53.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLQDTS&P 500
2025 US Tariff Shock
  % Loss-34.9%-18.8%
  % Gain to Breakeven53.5%23.1%
  Time to Breakeven335 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-47.6%-24.5%
  % Gain to Breakeven90.8%32.4%
  Time to Breakeven82 days427 days
2020 COVID-19 Crash
  % Loss-35.3%-33.7%
  % Gain to Breakeven54.6%50.9%
  Time to Breakeven13 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-41.8%-3.7%
  % Gain to Breakeven71.8%3.9%
  Time to Breakeven1227 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-43.5%-12.2%
  % Gain to Breakeven77.0%13.9%
  Time to Breakeven144 days62 days
2014-2016 Oil Price Collapse
  % Loss-70.1%-6.8%
  % Gain to Breakeven234.9%7.3%
  Time to Breakeven1765 days15 days
2013 Taper Tantrum
  % Loss-48.0%-0.2%
  % Gain to Breakeven92.3%0.2%
  Time to Breakeven3881 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-20.8%-17.9%
  % Gain to Breakeven26.3%21.8%
  Time to Breakeven13 days123 days
2008-2009 Global Financial Crisis
  % Loss-64.0%-53.4%
  % Gain to Breakeven178.0%114.4%
  Time to Breakeven447 days1085 days
Summer 2007 Credit Crunch
  % Loss-40.2%-8.6%
  % Gain to Breakeven67.1%9.5%
  Time to Breakeven1309 days47 days

Compare to RBA, CPRT, ACVA

In The Past

Liquidity Services's stock fell -34.9% during the 2025 US Tariff Shock. Such a loss loss requires a 53.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Liquidity Services (LQDT)

Liquidity Services (LQDT) operates as a leading e-commerce platform specializing in the sale of surplus, salvage, and idle assets for a diverse range of organizations. The company provides online marketplaces, self-directed auction tools, and comprehensive value-added services designed to help corporations and government entities efficiently recover value from their excess inventory and capital assets. Essentially, LQDT facilitates the circular economy by connecting sellers with a global network of buyers.

The company's core offerings include several key marketplaces. Liquidation.com serves corporations looking to sell surplus consumer goods and retail capital assets. GovDeals is a platform for local and state government entities, as well as commercial businesses, to sell their surplus and salvage assets through self-directed listings. AllSurplus acts as a centralized marketplace, consolidating assets from across LQDT's network. Additionally, Liquidity Services operates Machinio, a global search engine specifically for used equipment in sectors like construction, manufacturing, and transportation.

LQDT's primary customer base includes large corporations across various industries, such as retailers and manufacturers, seeking to manage their supply chains and dispose of excess inventory or equipment. It also serves local and state government bodies looking to sell public surplus. The types of assets it handles are vast, ranging from consumer electronics and apparel to heavy industrial machinery, fleet vehicles, and specialized equipment, connecting buyers and sellers globally across North America, Europe, Australia, Asia, and Africa.

AI Analysis | Feedback

1. eBay for corporate and government surplus.

2. A specialized Amazon marketplace for business and government liquidations.

AI Analysis | Feedback

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  • Online Marketplace Platforms: E-commerce platforms facilitating the sale of surplus and salvage assets.
    • liquidation.com: A marketplace for corporations to sell surplus consumer goods and retail capital assets.
    • GovDeals: A self-directed marketplace for local/state government entities and commercial businesses to sell surplus assets.
    • AllSurplus: A centralized global marketplace connecting buyers with assets from across Liquidity Services' network.
    • Industrial & Capital Assets Marketplace: A global marketplace for corporations to sell manufacturing surplus, salvage capital assets, and scrap material.
  • Surplus Management Services: A suite of value-added services including surplus management, asset valuation, marketing, returns management, asset recovery, and general e-commerce support.
  • Machinio Global Search Engine: A specialized search engine platform for listing and finding used equipment in construction, machine tool, transportation, printing, and agriculture sectors.
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AI Analysis | Feedback

Liquidity Services (LQDT) primarily provides e-commerce marketplaces and value-added services to other companies and government entities, enabling them to sell their surplus and salvage assets. Therefore, its major customers are organizations that utilize LQDT's platforms and services for asset disposition. Based on the provided background information, these customers fall into the following categories:

  • Corporations: LQDT enables corporations across various industries (such as retail, manufacturing, consumer electronics, general merchandise, apparel, scientific equipment, aerospace, technology hardware, real estate, energy, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment) to sell their surplus consumer goods, retail capital assets, manufacturing surplus, salvage capital assets, and scrap material through marketplaces like liquidation.com and AllSurplus.
  • Local and state government entities: Through its GovDeals marketplace, LQDT provides self-directed service solutions that enable local and state government entities in the United States and Canada to sell their surplus and salvage assets.
  • Commercial businesses: Similar to government entities, commercial businesses located in the United States and Canada also utilize the GovDeals marketplace to sell their surplus and salvage assets.

The provided background information does not list specific names of these customer companies or government entities.

AI Analysis | Feedback

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AI Analysis | Feedback

William P. Angrick, III, Chief Executive Officer and Chairman of the Board of Directors

Mr. Angrick co-founded Liquidity Services in 1999. He dedicated himself to creating an e-commerce company to provide improved service, scale, and results for customers within the circular economy.

Jorge A. Celaya, Chief Financial Officer

Mr. Celaya possesses over 30 years of experience in strategic transformation, capital markets, financial accounting, operations, and complex public company matters across a diverse range of industry sectors globally. He plays a key role in Liquidity Services' business transformation and growth initiatives through his expertise in technology-enabled business services. Prior to joining Liquidity Services, Mr. Celaya was a co-founder of Avanz Capital, an independent investment firm with a focus on private equity investing in emerging markets. He also served as Executive Vice President and Chief Financial Officer of FTI Consulting from 2007 to 2010, and Executive Vice President and Chief Financial Officer of Sitel Corporation from 2003 to 2007. Additionally, he held various U.S. and international positions at Schlumberger from 1990 to 2003, spanning sectors such as energy and technology.

John Daunt, Chief Commercial Officer

Mr. Daunt is an e-commerce industry veteran with over 20 years of success in building innovative, high-growth, omni-channel e-commerce companies and service providers. He is responsible for revenue growth and profitability across all of Liquidity Services' marketplaces.

Steven J. Weiskircher, Chief Technology Officer

Mr. Weiskircher is an expert in leveraging technology to achieve tactical and strategic business goals. His expertise includes e-commerce and omni-channel operations, information security, mobile commerce, logistics, and Agile application development.

Mark Shaffer, Chief Legal Officer and Corporate Secretary

Mr. Shaffer is responsible for all legal functions, commercial contracts, compliance, and corporate secretary duties. He also works to enhance the legal, compliance, and risk management processes essential for business growth.

AI Analysis | Feedback

The key risks to Liquidity Services (LQDT) are primarily tied to its e-commerce marketplace business model and its sensitivity to external economic and operational factors.

  1. Dependence on Global and Regional Economic Conditions: Liquidity Services' performance is significantly influenced by global and regional economic health. Economic downturns, such as recessions, can lead to a decrease in the demand for surplus goods, even if the supply of excess inventory from businesses seeking to liquidate assets increases. This imbalance can result in lower prices for liquidated goods and a subsequent decline in Liquidity Services' revenue. Factors like reduced cross-border trade, increasing tariffs, or trade wars can also negatively impact its global operations.
  2. Data Security and Privacy Risks: As a company operating e-commerce marketplaces, Liquidity Services handles a substantial amount of personal and business information. A failure to maintain the privacy and security of this data could have severe consequences, including adverse impacts on its business operations, damage to its reputation, exposure to litigation and regulatory actions, and substantial additional costs.
  3. Intense Competition: Liquidity Services operates in a competitive landscape within the internet software and services industry. The presence of numerous competitors vying for both sellers and buyers of surplus assets poses a continuous risk. Competition can affect the company's ability to attract and retain clients, potentially impacting its market share, pricing power, and overall profitability.

AI Analysis | Feedback

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AI Analysis | Feedback

Liquidity Services, Inc. (LQDT) participates in several distinct addressable markets for its e-commerce marketplaces and services.

For its marketplaces that facilitate the sale of surplus and salvage consumer goods, retail capital assets, manufacturing surplus, and scrap material (including liquidation.com and AllSurplus), the relevant addressable market can be broadly categorized under the global reverse logistics market. This market was estimated at approximately USD 823.2 billion in 2024 and is projected to reach USD 3.18 trillion by 2033, growing at a compound annual growth rate (CAGR) of 17.4% from 2025 to 2033. Specifically for North America, the reverse logistics market was valued at USD 186.6 billion in 2025 and is anticipated to grow at a CAGR of 7.1% from 2026 to 2035. More narrowly, the global liquidation service for consumer goods market was valued at approximately USD 132.7 billion in 2024 and is anticipated to reach around USD 298.5 billion by 2033, reflecting a CAGR of 9.4% from 2025 to 2033. North America accounted for approximately 38% of the total market value for liquidation services for consumer goods in 2024.

For its GovDeals marketplace, which enables local and state government entities in the United States and Canada to sell surplus and salvage assets, a specific addressable market size for "government surplus assets" is not readily available in the provided information. Therefore, the addressable market for GovDeals cannot be definitively sized from these sources.

Machinio, Liquidity Services' global search engine platform for listing used equipment, operates within several used equipment markets:

  • Used Construction Equipment Market: The global market for used construction equipment was valued at approximately USD 99.2 billion in 2024 and is projected to reach USD 122 billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030. Another estimate places the global pre-owned construction equipment market size at USD 165.16 billion in 2021, projected to reach USD 484.31 billion by 2031. North America is identified as the largest market for used construction equipment, holding approximately 40% of the global market share.
  • Used Agricultural Equipment Market: The global used agricultural equipment market size is predicted to grow from USD 59.4 million in 2025 to USD 70.6 million in 2031, at a CAGR of 2.9% from 2025 to 2031.
  • Used Machine Tool, Transportation, and Printing Equipment Markets: Specific addressable market sizes for used machine tool, used transportation equipment, or used printing equipment were not identified in the provided information. Therefore, these markets cannot be definitively sized from these sources.

AI Analysis | Feedback

For Liquidity Services (NASDAQ: LQDT), the following are expected drivers of future revenue growth over the next 2-3 years:

  1. Continued Organic Growth in Gross Merchandise Volume (GMV): Liquidity Services anticipates sustained organic growth in its Gross Merchandise Volume, particularly driven by its GovDeals segment. The company's modernized govdeals.com marketplace platform has demonstrated strong bidder engagement, contributing significantly to consolidated GMV expansion.
  2. Strategic Investments in Technology and New Business Models: The company is making strategic investments in technology, including AI, data analytics, and the deployment of new consumer-facing auction software. These initiatives are expected to enhance operational efficiency, improve the buyer/seller experience, and enable new business models such as scalable B2C and affiliate licensing, which should contribute to long-term profitability and revenue growth.
  3. Expansion and Diversification of Service Offerings: Liquidity Services aims to solidify its position as a leading marketplace for surplus assets by expanding its suite of services for corporate and government sellers. This includes a comprehensive range of solutions from surplus management and asset valuation to asset sales, marketing, and recovery, attracting more clients and a broader array of assets.
  4. Growth in Subscription-Based Services: The Machinio segment is a key contributor to revenue growth through its increasing subscription base. This model provides a recurring revenue stream and is expected to continue its upward trend.
  5. Strategic Acquisitions: With a strong cash position and zero debt, Liquidity Services has the financial flexibility to pursue strategic acquisitions. The acquisition of companies like Sierra Auction demonstrates the company's approach to expanding its market presence and capabilities, thereby contributing to inorganic revenue growth.

AI Analysis | Feedback

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Share Repurchases

  • Liquidity Services repurchased $1.5 million in shares during the first quarter of fiscal year 2026.
  • As of Q1 2026, the company has $15 million remaining under its share repurchase authorization.
  • A new share repurchase program was announced on November 20, 2025, authorizing repurchases of up to $15 million worth of common stock, expiring on December 31, 2027.

Share Issuance

  • On March 1, 2026, a director of Liquidity Services, Paul J. Hennessy, received a grant of 5,694 restricted stock units set to vest on March 1, 2027.

Outbound Investments

  • In February 2025, Liquidity Services acquired Auction Software/Simple Auction Site to form Liquidity Services Software Solutions, Inc., a new private-label and software-as-a-service (SaaS) arm.
  • The company acquired Sierra Auction in January 2024.
  • Liquidity Services acquired Bid4Assets in November 2021.

Capital Expenditures

  • Capital expenditures were approximately $8-9 million in fiscal year 2025.
  • Expected capital expenditures are around $2 million per quarter for fiscal year 2026.
  • The primary focus of capital expenditures includes investments in technology, AI automation, and machine-driven systems to enhance operational efficiency and expand its marketplace platforms like GovDeals and retail consignment.
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Better Bets vs. Liquidity Services (LQDT)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LQDTRBACPRTACVAMedian
NameLiquidit.RB GlobalCopart ACV Auct. 
Mkt Price38.83110.5327.177.9333.00
Mkt Cap1.220.625.41.411.0
Rev LTM4804,7174,6397812,710
Op Inc LTM407701,696-58405
FCF LTM786731,33942375
FCF 3Y Avg565661,12315311
CFO LTM861,0461,68588567
CFO 3Y Avg649121,62653488

Growth & Margins

LQDTRBACPRTACVAMedian
NameLiquidit.RB GlobalCopart ACV Auct. 
Rev Chg LTM9.3%9.0%1.0%15.9%9.1%
Rev Chg 3Y Avg17.8%46.6%7.4%21.5%19.6%
Rev Chg Q3.7%11.4%2.1%11.8%7.6%
QoQ Delta Rev Chg LTM0.9%2.7%0.5%2.8%1.8%
Op Inc Chg LTM38.3%0.1%3.2%23.7%13.4%
Op Inc Chg 3Y Avg19.8%41.7%6.2%15.7%17.8%
Op Mgn LTM8.4%16.3%36.6%-7.4%12.3%
Op Mgn 3Y Avg7.5%17.6%37.0%-12.2%12.6%
QoQ Delta Op Mgn LTM0.5%0.2%0.1%0.9%0.4%
CFO/Rev LTM18.0%22.2%36.3%11.3%20.1%
CFO/Rev 3Y Avg15.3%20.5%36.3%7.0%17.9%
FCF/Rev LTM16.2%14.3%28.9%5.4%15.2%
FCF/Rev 3Y Avg13.4%12.7%25.0%1.2%13.0%

Valuation

LQDTRBACPRTACVAMedian
NameLiquidit.RB GlobalCopart ACV Auct. 
Mkt Cap1.220.625.41.411.0
P/S2.54.45.51.83.4
P/Op Inc30.026.715.0-23.720.8
P/EBIT30.027.415.0-27.421.2
P/E39.945.616.4-22.128.1
P/CFO14.019.715.115.615.3
Total Yield2.5%3.4%6.1%-4.5%2.9%
Dividend Yield0.0%1.2%0.0%0.0%0.0%
FCF Yield 3Y Avg6.6%3.0%3.1%1.2%3.0%
D/E0.00.20.00.10.1
Net D/E-0.20.2-0.2-0.1-0.1

Returns

LQDTRBACPRTACVAMedian
NameLiquidit.RB GlobalCopart ACV Auct. 
1M Rtn2.5%-0.0%-10.1%22.4%1.2%
3M Rtn15.2%6.5%-19.5%62.8%10.9%
6M Rtn24.3%-2.1%-33.3%-6.4%-4.3%
12M Rtn58.4%3.3%-41.0%-47.0%-18.8%
3Y Rtn133.9%80.2%-40.4%-52.9%19.9%
1M Excs Rtn2.4%-0.2%-10.2%22.3%1.1%
3M Excs Rtn8.6%0.1%-25.1%49.9%4.4%
6M Excs Rtn15.9%-10.0%-42.0%-17.5%-13.8%
12M Excs Rtn37.3%-17.9%-60.2%-66.7%-39.1%
3Y Excs Rtn67.1%20.9%-108.6%-121.0%-43.9%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Retail Supply Chain Group (RSCG)330233200166159
GovDeals8777625950
Capital Assets Group (CAG)3938384340
Machinio & Software Solutions2016141210
Corporate, including elimination adjustments-0-0-0-0-0
Total477363314280258


Assets by Segment
$ Mil20252024202320222021
GovDeals382324256238148
Retail Supply Chain Group (RSCG)1411381119985
Capital Assets Group (CAG)10199979695
Machinio & Software Solutions5442363330
Corporate, including elimination adjustments-303-256-211-178-102
Total375347289288256


Price Behavior

Price Behavior
Market Price$38.83 
Market Cap ($ Bil)1.2 
First Trading Date02/27/2006 
Distance from 52W High-5.3% 
   50 Days200 Days
DMA Price$36.81$31.59
DMA Trendupup
Distance from DMA5.5%22.9%
 3M1YR
Volatility28.2%35.1%
Downside Capture15.7678.50
Upside Capture73.22115.72
Correlation (SPY)19.3%31.3%
LQDT Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta-0.000.210.430.720.850.75
Up Beta0.370.910.810.591.290.81
Down Beta0.11-0.00-0.050.380.270.74
Up Capture32%39%77%107%122%58%
Bmk +ve Days11244067140429
Stock +ve Days11224074144401
Down Capture-56%-22%-20%78%78%84%
Bmk -ve Days10172358112321
Stock -ve Days8172149104340

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LQDT
LQDT56.9%35.1%1.33-
Sector ETF (XLI)19.3%16.6%0.8824.0%
Equity (SPY)20.3%12.6%1.1931.1%
Gold (GLD)21.6%28.1%0.691.2%
Commodities (DBC)31.4%19.1%1.30-17.8%
Real Estate (VNQ)15.0%14.0%0.7628.8%
Bitcoin (BTCUSD)-44.6%42.9%-1.254.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LQDT
LQDT10.6%44.3%0.37-
Sector ETF (XLI)13.4%17.6%0.5934.7%
Equity (SPY)12.9%17.1%0.5837.3%
Gold (GLD)17.3%18.4%0.760.5%
Commodities (DBC)8.9%19.5%0.355.3%
Real Estate (VNQ)2.9%18.9%0.0528.5%
Bitcoin (BTCUSD)14.9%53.4%0.4616.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LQDT
LQDT17.1%53.0%0.50-
Sector ETF (XLI)13.9%20.0%0.6126.0%
Equity (SPY)15.2%17.9%0.7228.5%
Gold (GLD)11.2%16.1%0.571.3%
Commodities (DBC)7.2%17.9%0.328.2%
Real Estate (VNQ)5.1%20.7%0.2120.5%
Bitcoin (BTCUSD)58.7%66.2%0.996.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6302026
Short Interest: Shares Quantity0.9 Mil
Short Interest: % Change Since 61520269.6%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest3.1 days
Basic Shares Quantity31.1 Mil
Short % of Basic Shares2.8%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-2.6%-10.9%0.0%
2/5/20264.7%-0.1%1.6%
11/20/202513.4%33.2%36.0%
8/7/2025-4.7%5.2%7.7%
5/8/2025-10.2%-19.9%-21.2%
2/6/20254.0%11.6%-3.1%
12/12/202430.7%20.8%34.2%
8/8/20244.7%9.9%5.0%
...
SUMMARY STATS   
# Positive111313
# Negative131111
Median Positive9.8%15.9%21.5%
Median Negative-5.0%-10.9%-7.4%
Max Positive41.5%53.8%55.0%
Max Negative-18.9%-25.0%-25.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-2.6%-10.9%0.0%
2/5/20264.7%-0.1%1.6%
11/20/202513.4%33.2%36.0%
8/7/2025-4.7%5.2%7.7%
5/8/2025-10.2%-19.9%-21.2%
2/6/20254.0%11.6%-3.1%
12/12/202430.7%20.8%34.2%
8/8/20244.7%9.9%5.0%
5/9/2024-2.8%1.9%-0.3%
2/8/2024-10.3%-4.0%3.1%
12/7/2023-13.9%-11.4%-14.9%
8/3/20239.8%11.5%9.6%
5/4/20233.8%15.9%21.5%
2/2/2023-1.5%-10.5%-14.0%
12/8/2022-4.4%-10.8%-5.6%
8/4/2022-18.9%-16.7%-23.7%
5/5/2022-2.3%-21.2%-7.4%
2/3/2022-8.3%-9.4%-6.0%
12/9/2021-5.0%1.4%-2.5%
8/5/20210.0%19.8%26.7%
5/6/202137.7%48.2%30.4%
2/4/2021-13.0%-25.0%-25.0%
12/8/202041.5%53.8%55.0%
8/6/202011.8%31.3%31.1%
SUMMARY STATS   
# Positive111313
# Negative131111
Median Positive9.8%15.9%21.5%
Median Negative-5.0%-10.9%-7.4%
Max Positive41.5%53.8%55.0%
Max Negative-18.9%-25.0%-25.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/05/202610-Q
09/30/202511/20/202510-K
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/06/202510-Q
09/30/202412/12/202410-K
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/08/202410-Q
09/30/202312/07/202310-K
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/02/202310-Q
09/30/202212/08/202210-K
06/30/202208/04/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/05/202610-Q
09/30/202511/20/202510-K
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/06/202510-Q
09/30/202412/12/202410-K
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202302/08/202410-Q
09/30/202312/07/202310-K
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/02/202310-Q
09/30/202212/08/202210-K
06/30/202208/04/202210-Q
03/31/202205/05/202210-Q
12/31/202102/03/202210-Q
09/30/202112/09/202110-K
06/30/202108/05/202110-Q
03/31/202105/06/202110-Q
12/31/202002/04/202110-Q
09/30/202012/08/202010-K
06/30/202008/06/202010-Q
03/31/202005/07/202010-Q
12/31/201902/06/202010-Q
09/30/201912/10/201910-K
06/30/201908/01/201910-Q

Recent Forward Guidance

Updated 7/12/2026

Latest: Q2 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q3 2026 GMV425.00 Mil445.00 Mil465.00 Mil12.7% Higher NewGuidance: 395.00 Mil for Q2 2026
Q3 2026 GAAP Net Income7.00 Mil8.50 Mil10.00 Mil6.2% Higher NewGuidance: 8.00 Mil for Q2 2026
Q3 2026 Non-GAAP Adjusted EBITDA17.00 Mil18.50 Mil20.00 Mil19.4% Higher NewGuidance: 15.50 Mil for Q2 2026
Q3 2026 GAAP Diluted EPS0.210.260.34.1% Higher NewGuidance: 0.24 for Q2 2026
Q3 2026 Non-GAAP Adjusted Diluted EPS0.30.340.393.0% Higher NewGuidance: 0.34 for Q2 2026
2026 FY26 annual effective tax rate30.0%32.0%34.0% 1.0%RaisedGuidance: 31.0% for 2026
2026 Diluted weighted average shares outstanding 33.00 Mil 0.8% RaisedGuidance: 32.75 Mil for 2026

Prior: Q1 2026 Earnings Reported 2/5/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 GMV375.00 Mil395.00 Mil415.00 Mil1.9% Higher NewGuidance: 387.50 Mil for Q1 2026
Q2 2026 GAAP Net Income6.50 Mil8.00 Mil9.50 Mil23.1% Higher NewGuidance: 6.50 Mil for Q1 2026
Q2 2026 Non-GAAP Adjusted EBITDA14.00 Mil15.50 Mil17.00 Mil3.3% Higher NewGuidance: 15.00 Mil for Q1 2026
Q2 2026 GAAP Diluted EPS0.20.240.2922.5% Higher NewGuidance: 0.2 for Q1 2026
Q2 2026 Non-GAAP Adjusted Diluted EPS0.290.340.3811.7% Higher NewGuidance: 0.3 for Q1 2026
2026 Annual Effective Tax Rate28.0%31.0%34.0% 0.0%AffirmedGuidance: 31.0% for 2026
2026 Diluted weighted average number of shares outstanding32.50 Mil32.75 Mil33.00 Mil   

Q4 2025 Earnings Reported 11/20/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 GMV370.00 Mil387.50 Mil405.00 Mil4.0% Higher NewGuidance: 372.50 Mil for Q4 2025
Q1 2026 GAAP Net Income5.00 Mil6.50 Mil8.00 Mil0 Same NewGuidance: 6.50 Mil for Q4 2025
Q1 2026 Non-GAAP Adjusted EBITDA13.50 Mil15.00 Mil16.50 Mil3.4% Higher NewGuidance: 14.50 Mil for Q4 2025
Q1 2026 GAAP Diluted EPS0.150.20.250 Same NewGuidance: 0.2 for Q4 2025
Q1 2026 Non-GAAP Adjusted Diluted EPS0.250.30.353.4% Higher NewGuidance: 0.29 for Q4 2025
2026 Annual Effective Tax Rate28.0%31.0%34.0% 3.0%Higher NewGuidance: 28.0% for 2025

Insider Activity

Updated 7/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell706202639.1346218,0781,490,305Form
2Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell630202639.09391,5281,488,782Form
3Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell626202639.2410,139397,8341,494,417Form
4Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell624202637.9938,4711,461,5136,244,796Form
5Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell624202637.951,01138,3677,698,195Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell706202639.1346218,0781,490,305Form
2Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell630202639.09391,5281,488,782Form
3Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell626202639.2410,139397,8341,494,417Form
4Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell624202637.9938,4711,461,5136,244,796Form
5Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell624202637.951,01138,3677,698,195Form
6Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell622202637.959,791371,5687,736,563Form
7Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell617202637.9533,7271,279,9408,108,131Form
8Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell617202637.952,00075,9009,388,071Form
9Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell612202638.002,40991,5422,542,010Form
10Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell608202637.263,842143,1532,492,508Form
11Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell603202636.799,951366,1222,461,234Form
12Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell528202636.406,098221,9452,434,737Form
13Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell528202636.065,320191,8482,412,339Form
14Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell528202635.2411,303398,3601,796,197Form
15Weiskircher, StevenSVP & Chief Technology OfficerDirectSell526202634.2311,477392,9072,004,724Form
16Shaffer, Mark AVP, Gen. Counsel & SecretaryThe Mark A. Shaffer Revocable TrustSell526202634.0045,2461,538,364965,532Form
17Weiskircher, StevenSVP & Chief Technology OfficerDirectSell526202634.4549316,9842,384,698Form
18Shaffer, Mark AVP, Gen. Counsel & SecretaryThe Mark A. Shaffer Revocable TrustSell513202634.696,763234,5932,381,866Form
19Mateus-Tique, Jaime DirectSell513202634.526,913238,637379,064Form
20Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell507202637.002,60096,2001,393,124Form
21Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell428202635.062,60091,1561,411,235Form
22Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell416202633.022,60085,8521,414,973Form
23Daunt, JohnEVP, Chief Commercial OfficerThe Daunt Family TrustSell313202631.672,60082,3421,439,465Form
24Murray, NoveletteChief Human Resources OfficerDirectSell313202631.501,82657,519792,918Form
25Angrick, William P IiiChairman of the Board and CEOthe William P. Angrick III Revocable TrustSell310202632.0044,1151,411,680166,922,656Form
26Weiskircher, StevenSVP & Chief Technology OfficerDirectSell310202632.074,967159,2842,100,326Form
27Angrick, William P IiiChairman of the Board and CEOthe William P. Angrick III Revocable TrustSell310202632.055,885188,614168,597,358Form
28Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell209202633.2052,0611,728,4253,290,485Form
29Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell209202633.191,10036,5095,017,399Form
30Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell209202633.2012,290408,0285,055,430Form
31Dyer, Katharin S DirectSell1212202531.628,196259,1581,150,810Form
32Weiskircher, StevenSVP & Chief Technology OfficerDirectSell1212202531.451,20938,0231,528,313Form
33Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell1201202530.012,45173,5551,029,583Form
34Celaya, JorgeEVP & Chief Financial Officerthe Jorge Celaya Revocable TrustSell1201202530.2415,114457,047992,356Form
35Ellis, George H DirectSell1126202528.674,500129,015321,333Form
36Weiskircher, StevenSVP & Chief Technology OfficerDirectSell1126202528.0310,507294,5441,285,822Form
37Weiskircher, StevenSVP & Chief Technology OfficerDirectSell1126202528.2694626,7341,435,721Form
38Shaffer, Mark AVP, Gen. Counsel & SecretaryThe Mark A. Shaffer Revocable TrustSell1126202528.541,71949,0601,360,530Form
39Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell916202527.455,403148,3124,517,227Form
40Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell916202527.444,597126,1424,663,840Form
41Mateus-Tique, Jaime the Em El 2007 Irrevocable TrustSell826202527.4410,000274,4004,789,981Form
42Ellis, George H DirectSell814202525.357,500190,125398,198Form
Core Cache Last Updated: 7/21/2026