{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-104537","form_type":"8-K","ticker":"LQDT","cik":"0001235468","company_name":"LIQUIDITY SERVICES INC","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.531416+00:00","generated_at":"2026-05-17T17:08:44.606379+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Liquidity Services Q3 FY2025: Record GMV $413M, Revenue +28%, EPS $0.23 +21%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-104537","json":"https://secwatch.observer/filing/0000950170-25-104537.json","markdown":"https://secwatch.observer/filing/0000950170-25-104537.md","text":"https://secwatch.observer/filing/0000950170-25-104537.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1235468/000095017025104537/0000950170-25-104537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1235468/000095017025104537/lqdt-20250807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T17:08:44.606379+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}