Liquidity Services (LQDT) Cost of Revenue (2010 - 2026)
Liquidity Services (LQDT) reported Cost of Revenue of $65.74 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 1.0% from $65.11 million a year earlier and up 1.4% from the prior quarter.
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Analysis
Liquidity Services (LQDT) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Liquidity Services' Cost of Revenue came in at $256.42 million, down 3.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $267.85 million, up 50.4% from FY2024.
- Cost of Revenue has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- By fiscal year, Cost of Revenue came in at $178.15 million in FY2024 (+25.2%), $142.32 million in FY2023 (+19.2%), $119.41 million in FY2022 (+10.9%) and $107.68 million in FY2021 (+12.1%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Cost of Revenue since fiscal Q2 2025.
- Year over year, Cost of Revenue gained in six of the last eight quarters, with growth averaging 36.0%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q1 2025 (growth of 128.9%); the low point was fiscal Q1 2026 (a decline of 11.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $64.86 million (Q2 2026), $64.19 million (Q1 2026) and $61.63 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 51.42 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 13.37 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 6.08 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 24.48 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 1.96 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 8.35 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 240.77 Mn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 3.83 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | Liquidity Services | 1.36 Bn | 557.38 Mn | 63.84 Mn | 65.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.74 Mn |
| Mar 31, 2026 | 64.86 Mn |
| Dec 31, 2025 | 64.19 Mn |
| Sep 30, 2025 | 61.63 Mn |
| Jun 30, 2025 | 65.11 Mn |
| Mar 31, 2025 | 68.95 Mn |
| Dec 31, 2024 | 72.16 Mn |
| Sep 30, 2024 | 58.19 Mn |
| Jun 30, 2024 | 44.21 Mn |
| Mar 31, 2024 | 44.22 Mn |
| Dec 31, 2023 | 31.53 Mn |
| Sep 30, 2023 | 34.98 Mn |
| Jun 30, 2023 | 35.20 Mn |
| Mar 31, 2023 | 40.37 Mn |
| Dec 31, 2022 | 31.77 Mn |
| Sep 30, 2022 | 33.75 Mn |
| Jun 30, 2022 | 28.93 Mn |
| Mar 31, 2022 | 28.97 Mn |
| Dec 31, 2021 | 27.76 Mn |
| Sep 30, 2021 | 30.18 Mn |
API Access
Liquidity Services Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LQDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "LQDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LQDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();