Liquidity Services Q1 profit rises on higher commission rates

Liquidity Services

05/02/2026 11:57

Overview

E-commerce marketplace's fiscal Q1 revenue fell 1% yr/yr

Adjusted EPS for fiscal Q1 rose 39% yr/yr

Adjusted EBITDA for fiscal Q1 increased 38% yr/yr

Outlook

Liquidity Services expects Q2-FY26 GMV between $375 mln and $415 mln

Company anticipates double-digit growth in Non-GAAP Adjusted EBITDA for Q2-FY26

Liquidity Services sees Q2-FY26 GAAP EPS between $0.20 and $0.29

Result Drivers

RETAIL SEGMENT - Strong performance driven by growing multi-channel buyer participation, leading to margin improvements

GOVDEALS GROWTH - Segment revenue increased 9% due to service level expansion and higher commission rates

AI AND AUTOMATION - Deployment of AI and automation improved efficiency and customer experience

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$121.20 mln
$102.96 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$0.39
$0.33 (1 Analyst)
Q1 EPS
$0.23
Q1 Adjusted Net Income
Beat
$12.40 mln
$10.68 mln (1 Analyst)
Q1 Net Income
$7.50 mln
Q1 Adjusted EBITDA
Beat
$18.10 mln
$14.79 mln (1 Analyst)
Q1 GMV
$398 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Liquidity Services Inc is $41.00, about 30.3% above its February 4 closing price of $31.47

Press Release: ID:nGNX5FRyXs

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)