Liquidity Services (LQDT) Research & Development (2017 - 2026)
Liquidity Services (LQDT) posted quarterly Research & Development of $16.1 million for Q1 2026, up 16.68% year-over-year from $13.8 million in Q1 2025, and down 5.31% quarter-over-quarter from $17.0 million in Q4 2025.
Liquidity Services (LQDT) Research & Development (2017 - 2026) Analysis & Trends
Liquidity Services' Research & Development history runs 10 years deep, the most recent figure standing at $16.1 million for Q1 2026.
- In Q1 2026, Research & Development rose 16.68% year-over-year to $16.1 million; the TTM figure through Mar 2026 stood at $65.5 million (up 16.48% YoY), while the FY2025 annual figure was $61.0 million, up 11.18% from the prior year.
- Research & Development for Q1 2026 stood at $16.1 million, down from $17.0 million in the prior quarter.
- The five-year high for Research & Development was $17.0 million in Q4 2025, with the low at $10.8 million in Q4 2022.
- The 5-year median for Research & Development is $13.8 million (2024), against an average of $13.6 million.
- The sharpest annual moves came in 2022 and 2025: Research & Development rose 26.52% in 2022, then declined 2.71% in 2025.
- Liquidity Services' Research & Development stood at $10.8 million in 2022, then rose by 20.3% to $13.0 million in 2023, then grew by 13.82% to $14.8 million in 2024, then climbed by 15.19% to $17.0 million in 2025, then declined by 5.31% to $16.1 million in 2026.
- Business Quant data shows LQDT's Research & Development at $16.1 million in Q1 2026, $17.0 million in Q4 2025, and $16.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | -714.26 Mn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 1.13 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 821.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Liquidity Services | 1.31 Bn | 1.07 Bn | 63.84 Mn | 17.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.62 Mn |
| Mar 31, 2026 | 16.11 Mn |
| Dec 31, 2025 | 17.02 Mn |
| Sep 30, 2025 | 16.69 Mn |
| Jun 30, 2025 | 15.69 Mn |
| Mar 31, 2025 | 13.81 Mn |
| Dec 31, 2024 | 14.77 Mn |
| Sep 30, 2024 | 13.90 Mn |
| Jun 30, 2024 | 13.76 Mn |
| Mar 31, 2024 | 14.20 Mn |
| Dec 31, 2023 | 12.98 Mn |
| Sep 30, 2023 | 13.73 Mn |
| Jun 30, 2023 | 13.07 Mn |
| Mar 31, 2023 | 11.85 Mn |
| Dec 31, 2022 | 10.79 Mn |
| Sep 30, 2022 | 11.01 Mn |
| Jun 30, 2022 | 10.90 Mn |
| Mar 31, 2022 | 11.27 Mn |
| Dec 31, 2021 | 10.04 Mn |
| Sep 30, 2021 | 9.96 Mn |