earnings
confidence high
sentiment positive
materiality 0.80
Liquidity Services Q3 FY2025: Record GMV $413M, Revenue +28%, EPS $0.23 +21%
LIQUIDITY SERVICES INC
2025-Q3 EPS reported
$0.63
revenue$358,581,000
- GMV record $413M (+9% YoY); Revenue $119.9M (+28%); GAAP net income $7.4M (+24%); GAAP EPS $0.23 (+21%).
- RSCG GMV +30% on retail expansion; GovDeals GMV +1% record; CAG GMV +12% led by heavy equipment.
- Non-GAAP Adj. EBITDA $17.0M (+16%); Adj. EPS $0.34 (+13%); Cash $167M, zero financial debt.
- Q4 FY2025 guidance: GMV $355-390M, GAAP Net Income $5-8M, Adj. EBITDA $13-16M.
- Registered buyers up 9% to 5.9M; auction participants up 8% to 1.1M; completed transactions +9% to 286K.
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