---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-038469"
form_type: "8-K"
ticker: "LQDT"
cik: "0001235468"
company_name: "LIQUIDITY SERVICES INC"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:18:40.122073+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-038469
- form_type: 8-K
- ticker: LQDT
- cik: 0001235468
- company_name: LIQUIDITY SERVICES INC
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235468/000119312526038469/0001193125-26-038469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235468/000119312526038469/lqdt-20260205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-038469
- JSON: https://secwatch.observer/filing/0001193125-26-038469.json
- Plain text: https://secwatch.observer/filing/0001193125-26-038469.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.