Liquidity Services (LQDT) Operating Expenses (2010 - 2026)
Liquidity Services (LQDT) posted quarterly Operating Expenses of $46.1 million for Q1 2026, down 57.89% year-over-year from $109.6 million in Q1 2025, and down 3.18% quarter-over-quarter from $47.7 million in Q4 2025.
Liquidity Services (LQDT) Operating Expenses (2010 - 2026) Analysis & Trends
Liquidity Services' Operating Expenses history runs 17 years deep, the most recent figure standing at $46.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 57.89% year-over-year to $46.1 million; the TTM figure through Mar 2026 stood at $310.6 million (down 32.33% YoY), while the FY2025 annual figure was $441.6 million, up 29.92% from the prior year.
- Operating Expenses for Q1 2026 stood at $46.1 million, down from $47.7 million in the prior quarter.
- The five-year high for Operating Expenses was $220.7 million in Q3 2024, with the low at $33.7 million in Q2 2022.
- The 5-year median for Operating Expenses is $69.7 million (2023), against an average of $82.5 million.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses surged 422.82% in 2023, then slumped 57.89% in 2026.
- Liquidity Services' Operating Expenses stood at $67.6 million in 2022, then advanced by 3.14% to $69.7 million in 2023, then slumped by 38.34% to $43.0 million in 2024, then rose by 10.93% to $47.7 million in 2025, then dropped by 3.18% to $46.1 million in 2026.
- Business Quant data shows LQDT's Operating Expenses at $46.1 million in Q1 2026, $47.7 million in Q4 2025, and $107.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,935.52 Bn | 2,812.53 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 507.27 Bn | 447.72 Bn | 9.83 Bn | -5.87 Bn |
| 3 | Mercadolibre | 97.87 Bn | 82.68 Bn | 4.16 Bn | 3.48 Bn |
| 4 | DoorDash | 93.00 Bn | 87.65 Bn | 2.35 Bn | 4.30 Bn |
| 5 | JD.com | 87.41 Bn | 58.22 Bn | 7.66 Bn | -1.51 Bn |
| 6 | Sea | 77.97 Bn | 69.45 Bn | 3.15 Bn | -2.55 Bn |
| 7 | Ebay | 47.68 Bn | 44.38 Bn | 2.30 Bn | 1.63 Bn |
| 8 | Coupang | 29.85 Bn | 23.74 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | -23.28 Mn |
| 10 | Liquidity Services | 1.30 Bn | 1.07 Bn | 63.84 Mn | 115.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 115.44 Mn |
| Mar 31, 2026 | 46.15 Mn |
| Dec 31, 2025 | 47.66 Mn |
| Sep 30, 2025 | 107.13 Mn |
| Jun 30, 2025 | 109.66 Mn |
| Mar 31, 2025 | 109.57 Mn |
| Dec 31, 2024 | 42.96 Mn |
| Sep 30, 2024 | 220.70 Mn |
| Jun 30, 2024 | 85.72 Mn |
| Mar 31, 2024 | 84.86 Mn |
| Dec 31, 2023 | 69.68 Mn |
| Sep 30, 2023 | 179.55 Mn |
| Jun 30, 2023 | 72.52 Mn |
| Mar 31, 2023 | 35.85 Mn |
| Dec 31, 2022 | 67.56 Mn |
| Sep 30, 2022 | 34.34 Mn |
| Jun 30, 2022 | 33.71 Mn |
| Mar 31, 2022 | 55.29 Mn |
| Dec 31, 2021 | 62.22 Mn |
| Sep 30, 2021 | -47.13 Mn |