Quarterly ResultMay 7, 2026, 06:57 AM
Liquidity Services Q2 Adjusted EBITDA +37% to $16.7M
AI Summary
Liquidity Services reported strong financial results for its fiscal second quarter ended March 31, 2026. Gross Merchandise Volume (GMV) increased 6% to $389.9 million, and revenue grew 4% to $120.7 million. GAAP Net Income rose 7% to $7.5 million, while Non-GAAP Adjusted EBITDA saw a significant 37% increase to $16.7 million. The company also maintains a strong cash position of $204.0 million with no financial debt and provided a positive outlook for the third quarter.
Key Highlights
- Q2 FY26 Gross Merchandise Volume (GMV) increased 6% to $389.9 million.
- Q2 FY26 Revenue grew 4% to $120.7 million.
- Q2 FY26 GAAP Net Income rose 7% to $7.5 million, with diluted EPS of $0.23.
- Q2 FY26 Non-GAAP Adjusted EBITDA surged 37% to $16.7 million.
- Cash balances stood at $204.0 million with zero financial debt.
- GovDeals segment GMV increased 5% to $213.7 million.
- RSCG segment GMV increased 10% to $113.1 million.
- Q3 FY26 guidance projects GMV of $425 million to $465 million and Non-GAAP Adjusted EBITDA of $17.0 million to $20.0 million.