---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-066354"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:19:03.888040+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LQDT Q2 FY2025: GMV $367.4M (+15%), revenue $116.4M (+27%), EPS $0.22

## Summary
- GAAP net income $7.1M (+24%); diluted EPS $0.22 (+22%). Non-GAAP adjusted EPS $0.31 (+15%).
- RSCG segment GMV up 29%; CAG GMV up 14% led by heavy equipment; GovDeals GMV up 9%.
- Cash $149M with zero debt; consignment sales 80% of consolidated GMV.
- Q3 guidance: GMV $395-430M, GAAP net income $6-9M, adjusted EBITDA $14.5-17.5M.

## SEC filing metadata
- accession: 0000950170-25-066354
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000095017025066354/0000950170-25-066354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000095017025066354/lqdt-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-066354
- JSON: https://secwatch.observer/filing/0000950170-25-066354.json
- Plain text: https://secwatch.observer/filing/0000950170-25-066354.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.