Liquidity Services Q1 FY2026 net income up 29%, adjusted EPS $0.39 beats prior year

LIQUIDITY SERVICES INC

2026-Q1 EPS reported $0.23 revenue$121,219,000

GAAP diluted EPS $0.23 vs $0.18 in Q1 FY2025; adjusted EPS $0.39 vs $0.28 (up 39%).
GMV $398M (+3% YoY); revenue $121.2M (-1%); adjusted EBITDA $18.1M (+38%).
GovDeals GMV +7%, RSCG direct profit record $21.5M (+16%), CAG GMV -10%.
Q2 FY2026 guidance: GMV $375-415M, adjusted EBITDA $14-17M, GAAP EPS $0.20-0.29.
Cash $181.4M with no debt; registered buyers up 9% to 6.2 million.

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