Liquidity Services (LQDT) Operating Margin (2010 - 2026)
Liquidity Services (LQDT) recorded quarterly Operating Margin of 7.97% in Q1 2026, up 3.07% quarter-over-quarter from 7.73% in Q4 2025, and up 212.0% on a YoY basis from 2.55% in Q1 2025.
Liquidity Services (LQDT) Operating Margin (2010 - 2026) Analysis & Trends
Liquidity Services' Operating Margin history runs 17 years deep, the most recent figure standing at 7.97% for Q1 2026.
- In Q1 2026, Operating Margin rose 212.0% year-over-year to 7.97%; the TTM figure through Mar 2026 stood at 8.37% (up 176.0% YoY), while the FY2025 annual figure was 7.36%, up 91.0% from the prior year.
- Operating Margin was 7.97% for Q1 2026 at Liquidity Services, up from 7.73% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 26.76% in Q2 2022 to a low of 2.31% in Q4 2023.
- Historically, Operating Margin has averaged 9.63% across 5 years, with a median of 7.97% in 2026.
- The sharpest annual moves came in 2022 and 2023: Operating Margin soared 1442 bps in 2022, then slumped 1654 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 6.54% in 2022, then plunged by 65 bps to 2.31% in 2023, then jumped by 151 bps to 5.79% in 2024, then jumped by 33 bps to 7.73% in 2025, then advanced by 3 bps to 7.97% in 2026.
- The last three Operating Margin figures came in at 7.97% (Q1 2026), 7.73% (Q4 2025), and 9.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 13.14% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 6.91% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 3.74% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -2.85% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -1.06% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.38% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 17.86% |
| 10 | Liquidity Services | 1.12 Bn | 917.80 Mn | 55.87 Mn | 7.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.97% |
| Dec 31, 2025 | 7.73% |
| Sep 30, 2025 | 9.28% |
| Jun 30, 2025 | 8.52% |
| Mar 31, 2025 | 5.85% |
| Dec 31, 2024 | 5.79% |
| Sep 30, 2024 | 6.80% |
| Jun 30, 2024 | 8.43% |
| Mar 31, 2024 | 7.21% |
| Dec 31, 2023 | 2.31% |
| Sep 30, 2023 | 9.85% |
| Jun 30, 2023 | 10.22% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 6.54% |
| Sep 30, 2022 | 14.95% |
| Jun 30, 2022 | 26.76% |
| Mar 31, 2022 | 19.02% |
| Dec 31, 2021 | 6.72% |
| Sep 30, 2021 | 11.82% |
| Jun 30, 2021 | 12.34% |