Is the business good?
How good a business is LQDT?
Liquidity Services, Inc. keeps 8.4% of every revenue dollar as operating profit, against 7.6% for the median Internet Retail name.
8.4%
Operating margin · Internet Retail median 7.6% · 12 months to Q2 2026
- Cash conversion
- 2.57×
Cash conversion · 1.79× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −0.11%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 47%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −1.9% |
| FY2021 | 11% |
| FY2022 | 17% |
| FY2023 | 8.3% |
| FY2024 | 6.4% |
| FY2025 | 7.4% |
Details›
- Gross margin12 months to Q2 2026
- 47%
- Operating margin12 months to Q2 2026
- 8.4%
- Net margin12 months to Q2 2026
- 6.3%
- Free cash flow margin
- 16%
- Revenue, trailing twelve months
- $480M
- Free cash flow, trailing twelve months
- $78M
- Net income, trailing twelve months
- $30M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.