LIQUIDITY SERVICES INC · Business Services, NEC

LQDT

Low riskNext report: Around Nov 19 (est.)

View price ↗

The short version

A profitable company with steady sales.

Going well

Profitable
Sales up 31% last year
Brings in more cash than it spends

Money moves

Insiders sold $31K in the last 30 days, all through pre-planned sales
Institutions added 1.6% to their holdings in the quarter ending June 2026 (124 bought, 70 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$45.47+1.4% that day

Company value: $1.4B; Share price times all shares
Price vs profit (P/E): 44.6x; You pay about $45 for each $1 of yearly profit
Price vs sales: 2.9x; Company value is 2.9 times a year of sales
Cash vs value: 15%; Cash as a share of company value

From LQDT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$129.6M+8.1% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $489.6M, up 5.2% from the 12 months before. Over 5 years, sales grew about 18% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of LQDT. Starting points are the company's recent numbers.

Sales growth+5% a yearRecently: +5.2% a yearProfit margin7%Last 12 months: 6.8%P/E at the end40xToday: 44.6x. Many steady companies trade at 12x to 25xShare count change-1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$625M

Profit in 5 years$44M

Price these guesses point to$58.72+29% vs $45.47 todayAbout +5.2% a year, before dividends

What today's price needs: with a 7% margin and a 40x P/E, sales could shrink about 0.2% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/7Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.9%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.9%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$59.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-3.9% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.43.8%

Revenue: $476.7M; +31.2% vs prior year
5-year growth: +18.3%/yr; revenue, per year
Total debt: None; 0.00x equity
Current ratio: 1.53x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 6

Revenue: $129.6M; +8.1% YoY
EPS: $0.32; vs $0.23
Op. margin: 10.9%; +2.4 pts
Gross margin: 49.3%; +3.6 pts
Free cash flow: $29.4M
Share count: +1.1%; vs a year ago

Insider rating

Last 90 days

49Mixed

Pre-planned sales of $31K (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.4
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+1.6%

Institutions added 1.6% to their holdings. 124 bought, 70 sold. 2 quarters of net buying in a row.

Shares held by institutions25.0M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+0.7%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

No debt reported

Shares outstandingLatest reported

31M

Earnings reports

Last 12

Next reportAround Nov 19 (est.)Estimated from the same quarter last year

Results filedAug 6
Results filedMay 7
Results filedFeb 5
Results filedNov 20, 2025
Results filedAug 7, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 13 · View filing ↗Big holder 5%+ holder update (passive)Aug 13 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$31K1 insider, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
John DauntEVP, Chief Commercial Officer	Sell	715	$42.75	$31K	38K	Oct 1Filing ↗
-1.8% of their holdings 2 trades Held via The Daunt Family Trust Pre-planned sale (10b5-1) Filed 1 day after