Liquidity Services (LQDT) Operating Expenses (2010 - 2026)

Liquidity Services' Operating Expenses history runs 17 years deep, the most recent figure standing at $111.1 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 175.24% year-over-year to $111.1 million; the TTM figure through Mar 2026 stood at $517.0 million (up 23.92% YoY), while the FY2025 annual figure was $441.6 million, up 29.92% from the prior year.
• Operating Expenses was $111.1 million for Q1 2026 at Liquidity Services, up from $47.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $314.4 million in Q3 2025 to a low of $35.9 million in Q1 2023.
• Historically, Operating Expenses has averaged $80.0 million across 5 years, with a median of $47.7 million in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 495.86% in 2024, then slumped 58.64% in 2025.
• A 5-year view of Operating Expenses shows it stood at $67.6 million in 2022, then sank by 44.18% to $37.7 million in 2023, then soared by 205.63% to $115.2 million in 2024, then plunged by 58.64% to $47.7 million in 2025, then soared by 133.12% to $111.1 million in 2026.
• The last three Operating Expenses figures came in at $111.1 million (Q1 2026), $47.7 million (Q4 2025), and $314.4 million (Q3 2025), per Business Quant data.