Liquidity Services Q2 revenue rises 4%

Liquidity Services

07/05/2026 12:04

Overview

E-commerce marketplace operator's fiscal Q2 revenue rose 4% yr/yr

Company says profitability gains driven by operating leverage and growth in GovDeals and RSCG segments

Outlook

Liquidity Services sees Q3 GMV between $425 mln and $465 mln

Company expects Q3 GAAP net income of $7 mln to $10 mln

Liquidity Services expects Q3 GAAP diluted EPS of $0.21 to $0.30

Result Drivers

RSCG DEMAND - Robust buyer demand in consignment programs, including direct-to-consumer channel, drove 10% GMV growth in RSCG segment

GOVDEALS SERVICE EXPANSION - Revenue in GovDeals rose 11%, outpacing GMV growth, due to expanded services with selected sellers and a lower mix of real estate transactions, which drove higher take rates

CAG HEAVY EQUIPMENT - Revenue and profit in CAG segment increased 12%, driven by mix and timing of transactions, including increased activity in heavy equipment

Company press release: ID:nGNX8tccbN

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.35
$0.32 (1 Analyst)
Q2 Adjusted Net Income
Beat
$11.20 mln
$10.43 mln (1 Analyst)
Q2 Adjusted EBITDA
Beat
$16.70 mln
$14.32 mln (1 Analyst)

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"

Wall Street's median 12-month price target for Liquidity Services Inc is $44.00, about 18.2% above its May 6 closing price of $37.22

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)