Welcome to our dedicated page for LIQUIDITY SERVICES SEC filings (Ticker: LQDT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Liquidity Services, Inc. SEC filings document its operating results, governance, and public-company disclosures as an operator of surplus-asset marketplaces and related software platforms. Form 8-K filings include quarterly earnings releases, earnings-call transcripts, non-GAAP financial measure references, and segment commentary for areas such as GovDeals, retail returns, heavy equipment, Machinio, and Software Solutions.
Proxy and annual meeting filings cover director elections, auditor ratification, executive compensation votes, equity incentive plan matters, and board committee structure. Governance-related 8-K disclosures also record board succession matters, board size changes, and Audit Committee and Corporate Governance and Nominating Committee composition.
Liquidity Services reported strong fiscal third quarter 2026 results, with gross merchandise volume (GMV) up 10% year-over-year to $453 million, revenue up 8% to $129.6 million, GAAP diluted EPS up 39% to $0.32, non-GAAP diluted EPS up 32% to $0.45, and Adjusted EBITDA up 30% to $22 million. Management noted this was the 10th consecutive quarter of year-over-year EBITDA growth, a Rule of 40 score of 51% versus 42% a year earlier, and cash and short-term investments of $231.1 million, with no debt and $50 million remaining under the share repurchase authorization.
Retail and GovDeals each delivered record quarterly GMV, revenue, and direct profit, while the Capital Assets Group grew revenue 18% and direct profit 13% despite a 1% GMV decline driven by project timing. Machinio and Software Solutions increased revenue 4%. For the fiscal fourth quarter 2026, management guides GMV of $450–$455 million, non-GAAP Adjusted EBITDA of $22–$25 million, GAAP net income of $10–$13 million, GAAP diluted EPS of $0.30–$0.39, and non-GAAP diluted EPS of $0.41–$0.50, and expects the highest annual Adjusted EBITDA in 13 years.
Liquidity Services, Inc. reported for the three months ended June 30, 2026 total revenue of $129,578 (dollars in thousands), up from $119,875, driven by growth in both purchase revenues and consignment and other fee revenues. Net income rose to $10,426 from $7,410, with diluted EPS of $0.32 versus $0.23. Income from operations increased to $14,138 from $10,218. Gross merchandise volume reached $453.0 million for the quarter and $1.2 billion for the nine months, reflecting higher transactional activity across the GovDeals, RSCG, CAG, and Machinio & Software Solutions segments.
For the nine months ended June 30, 2026, revenue was $371,530 (thousands) versus $358,581 and net income was $25,437 versus $20,271. Operating cash flow strengthened to $60,191 from $28,768, lifting cash and cash equivalents to $219,751 and total assets to $420,092, with no borrowings under the $35.0 million revolving credit facility and $23.7 million of remaining capacity. The company repurchased 56,676 shares for $1.5 million and retains $15.0 million of authorization. The effective tax rate increased to 30.7% from 25.4%, and management notes ongoing macroeconomic risks, concentration of certain inventory sourcing (including Amazon contracts), and upcoming disclosure-focused accounting changes, while indicating no goodwill or intangible impairments were required.
Liquidity Services reported strong third-quarter fiscal 2026 results. Gross merchandise volume was $453.0 million, up 10%, and revenue was $129.6 million, up 8% versus the prior-year quarter. GAAP net income rose to $10.4 million, or $0.32 per diluted share, increases of 41% and 39%, respectively. Non-GAAP adjusted EBITDA increased 30% to $22.0 million, and non-GAAP adjusted diluted EPS was $0.45, up 32%. Cash and short-term investments totaled $231.1 million with zero financial debt.
Growth was driven by higher consignment activity and strong performance in the Retail Supply Chain Group and GovDeals segments, which each set new quarterly records for GMV or revenue and segment direct profit. Completed transactions grew 17% to about 334,000, while registered buyers reached approximately 6.4 million, up 9%. For the fourth quarter of fiscal 2026, the company targets GMV of $415–$455 million, GAAP net income of $10.0–$13.0 million, and non-GAAP adjusted EBITDA of $22.0–$25.0 million, with consignment GMV expected in the mid-eighties percentage of total GMV.
Liquidity Services executive John Daunt, EVP and Chief Commercial Officer, reported an option exercise-and-sale sequence on 2026-08-03. The Daunt Family Trust acquired 715 shares of common stock through option exercises at 17.3100 and 21.6200 per share, then sold 715 shares at 39.0000 per share in open-market or private transactions pursuant to a Rule 10b5-1 trading plan. Daunt holds multiple restricted stock unit and stock option grants, including options covering 24800.0000 shares at an exercise price of 23.5200 per share expiring on 2035-10-29.
Liquidity Services Inc reported initial holdings for Chief Human Resources Officer Karen Fascenda on a Form 3. She holds a restricted stock unit grant tied to 46,000 shares of common stock. Each RSU equals one share, with 25% vesting annually from September 1, 2027 through September 1, 2030.
Liquidity Services, Inc. announced a leadership transition in its human resources function. Effective July 6, 2026, Karen Fascenda has been appointed Chief Human Resources Officer, succeeding Novelette Murray, who is retiring from the same role after a long tenure with the company.
The company highlights Ms. Fascenda’s more than 20 years of experience at Udemy, GoPuff, Comcast, and eBay, and notes that she will report directly to Chairman and CEO Bill Angrick. Liquidity Services operates a global B2B e-commerce marketplace for surplus assets with over $15 billion in completed transactions, serving more than six million buyers and 15,000 sellers worldwide.
Liquidity Services Inc EVP John Daunt, through The Daunt Family Trust, exercised stock options and sold a small number of shares. The trust exercised options for a total of 462 shares of Common Stock at exercise prices of $21.62 and $17.31 per share, then sold 462 shares in open-market transactions at $39.13 per share on July 1, 2026. After these transactions, the trust held 38,086 shares of Common Stock indirectly. Daunt also continues to hold multiple stock option and restricted stock unit grants directly, covering tens of thousands of underlying shares with exercise prices ranging from $6.11 to $23.52 and expirations extending from 2028 to 2035.
Liquidity Services Inc. executive John Daunt reported routine equity compensation activity and a very small share sale. The Daunt Family Trust sold 39.09 shares of common stock at $39.09 per share, leaving it with 38,086 shares immediately after that sale and 41,373 shares after a subsequent option exercise.
The trust then acquired 3,287 common shares through the exercise of stock options at an exercise price of $21.62 per share. Daunt also continues to hold multiple stock option and restricted stock unit grants, many of which vest or become exercisable over time based on Liquidity Services’ achievement of specified financial milestones.
Liquidity Services, Inc. entered into a Fourth Amendment to its Credit Agreement with Wells Fargo Bank, National Association. This amendment extends the term of the Company’s existing credit agreement by one year, moving the maturity date from March 31, 2027 to March 31, 2028. All other terms and conditions of the credit facility remain unchanged and in full force and effect.
Liquidity Services Inc. executive John Daunt reported option exercises and related trust share sales. On the reported date, The Daunt Family Trust, associated with him, sold 2,600 and 7,539 shares of Liquidity Services common stock at about $39.29 and $39.22 per share.
On the same date, Daunt exercised stock options to acquire 6,370, 3,255 and 948 common shares at exercise prices of $21.62, $17.31 and $14.00 per share. After these transactions, the trust held 38,086 shares, and Daunt continued to hold various option and restricted stock unit awards that vest over time, some based on Liquidity Services achieving specified financial milestones.