secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0001193125-25-288849
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidity Services Q4 FY2025 GMV $404.5M (+12% YoY), EPS $0.24; authorizes $15M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000119312525288849/0001193125-25-288849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000119312525288849/lqdt-20251120.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-288849

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer