Liquidity Services (LQDT) Cost of Revenue (2010 - 2026)
Liquidity Services (LQDT) recorded quarterly Cost of Revenue of $16.1 million in Q1 2026, down 5.31% quarter-over-quarter from $17.0 million in Q4 2025, and down 76.63% on a YoY basis from $68.9 million in Q1 2025.
Liquidity Services (LQDT) Cost of Revenue (2010 - 2026) Analysis & Trends
Liquidity Services' Cost of Revenue history runs 17 years deep, the most recent figure standing at $16.1 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 76.63% year-over-year to $16.1 million; the TTM figure through Mar 2026 stood at $272.4 million (up 11.86% YoY), while the FY2025 annual figure was $267.9 million, up 50.35% from the prior year.
- Cost of Revenue was $16.1 million for Q1 2026 at Liquidity Services, down from $17.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $223.6 million in Q3 2025 to a low of -$42.4 million in Q3 2022.
- Historically, Cost of Revenue has averaged $33.8 million across 5 years, with a median of $16.1 million in 2026.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue tumbled 526.26% in 2022, then soared 455.96% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $31.8 million in 2022, then sank by 59.15% to $13.0 million in 2023, then jumped by 455.96% to $72.2 million in 2024, then sank by 76.42% to $17.0 million in 2025, then fell by 5.31% to $16.1 million in 2026.
- The last three Cost of Revenue figures came in at $16.1 million (Q1 2026), $17.0 million (Q4 2025), and $223.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 10.31 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 982.00 Mn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 1.99 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 4.91 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 802.00 Mn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 6.21 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 19.95 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 2.05 Bn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 230.00 Mn |
| 10 | Liquidity Services | 1.12 Bn | 917.80 Mn | 55.87 Mn | 16.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.11 Mn |
| Mar 31, 2026 | 16.11 Mn |
| Dec 31, 2025 | 17.02 Mn |
| Dec 31, 2025 | 17.02 Mn |
| Sep 30, 2025 | 223.58 Mn |
| Sep 30, 2025 | 223.58 Mn |
| Jun 30, 2025 | 15.69 Mn |
| Jun 30, 2025 | 15.69 Mn |
| Mar 31, 2025 | 68.95 Mn |
| Mar 31, 2025 | 68.95 Mn |
| Dec 31, 2024 | 72.16 Mn |
| Dec 31, 2024 | 72.16 Mn |
| Sep 30, 2024 | 58.19 Mn |
| Sep 30, 2024 | 58.19 Mn |
| Jun 30, 2024 | 44.21 Mn |
| Jun 30, 2024 | 44.21 Mn |
| Mar 31, 2024 | 44.22 Mn |
| Mar 31, 2024 | 44.22 Mn |
| Dec 31, 2023 | 12.98 Mn |
| Dec 31, 2023 | 12.98 Mn |