{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-288849","form_type":"8-K","ticker":"LQDT","cik":"0001235468","company_name":"LIQUIDITY SERVICES INC","filed_at":"2025-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.989277+00:00","generated_at":"2026-05-16T17:53:39.910265+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Liquidity Services Q4 FY2025 GMV $404.5M (+12% YoY), EPS $0.24; authorizes $15M buyback","bullets":["Q4 GMV $404.5M (+12% YoY), revenue $118.1M (+10% YoY); GAAP net income $7.8M ($0.24 diluted EPS), up 23% YoY.","Non-GAAP adj. EBITDA $18.5M (+28% YoY); adj. EPS $0.37, up 16% YoY.","Full year FY2025 GMV $1.57B (+15%), revenue $476.7M (+31%); adj. EBITDA $60.8M (+25%).","Board authorized $15M share repurchase increase through Dec 31, 2027; prior $10M authorization fully utilized.","Q1 FY2026 guidance: GMV $370-405M, adj. EBITDA $13.5-16.5M, adj. diluted EPS $0.25-0.35."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-288849","json":"https://secwatch.observer/filing/0001193125-25-288849.json","markdown":"https://secwatch.observer/filing/0001193125-25-288849.md","text":"https://secwatch.observer/filing/0001193125-25-288849.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1235468/000119312525288849/0001193125-25-288849-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1235468/000119312525288849/lqdt-20251120.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:53:39.910265+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"}