secwatch.observer — SEC 8-K summary
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Issuer:     LIQUIDITY SERVICES INC (LQDT)
CIK:        0001235468
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-038469
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1235468/000119312526038469/0001193125-26-038469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1235468/000119312526038469/lqdt-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-038469

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