Business
Liquidity Services Announces Fourth Quarter Fiscal Year 2025 Financial Results
Strong Fourth Quarter Fueled by Market Share Expansion and Operating Leverage Annual GMV Surpasses $1.5 Billion Milestone with Record Number of Auction
About this update from Liquidity Services, Inc.
[{"type":"text","content":"Strong Fourth Quarter Fueled by Market Share Expansion and Operating Leverage Annual GMV Surpasses $1.5 Billion Milestone with Record Number of Auction Participants BETHESDA, Md., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), the leading global provider of e-commerce marketplaces and software solutions powering the circular economy, today announced its financial results for its fiscal quarter and year ended September 30, 2025: Fourth Quarter Results: Gross Merchandise Volume (GMV) of $404.5 million, up 12%, and Revenue of $118.1 million, up 10%GAAP Net Income of $7.8 million, up 23%, and GAAP Diluted Earnings Per Share (EPS) of $0.24, up 20%Non-GAAP Adjusted EBITDA of $18.5 million, up 28%, and Non-GAAP Adjusted EPS of $0.37, up 16%Cash balances of $185.8 million1 with zero financial debtBoard of Directors approves $15.0 million increase to share repurchase authorization Fiscal Year 2025 Results: GMV of $1.57 billion, up 15%, and Revenue of $476.7 million, up 31%GAAP Net Income of $28.1 million, up 41%, and GAAP Diluted Earnings Per Share (EPS) of $0.87, up 38%Non-GAAP Adjusted EBITDA of $60.8 million, up 25%, and Non-GAAP Adjusted EPS of $1.28, up 24%Record number of auction participants at 4.1 million “Our outstanding Q4 results reflect the depth, scale and liquidity of our proprietary marketplace platform and our team’s customer focused culture. Our ability to connect buyers and sellers across hundreds of diverse categories, ranging from multi-million-dollar industrial and construction assets, vehicles and retail consumer goods, is unmatched. We continue to expand and enhance our capabilities, including our recent integration of new payment solutions to improve the buyer experience and operational efficiency of our marketplaces. In our Retail segment, margin improvement and efficient inventory turnover were driven by multi-channel buyer development efforts and a more agile operating footprint. We also expanded the scope of our marketplaces to tap new growth opportunities within the heavy equipment, vehicle, marine and service industries and launched new formats like Retail Rush, our localized consumer auction concept, during the quarter. “Looking ahead, we are energized by the opportunities to further scale our marketplace platform, deepen client relationships, and extend our l...