Quarterly ResultMay 7, 2026, 07:02 AM
Liquidity Services Q2 GMV $389.9M, up 6%; Adj. EBITDA $16.7M, up 37%
AI Summary
Liquidity Services announced strong financial results for Q2 fiscal year 2026, with Gross Merchandise Volume (GMV) increasing 6% to $389.9 million and revenue growing 4% to $120.7 million. The company achieved significant profitability expansion, with Non-GAAP Adjusted EBITDA rising 37% to $16.7 million and Non-GAAP Adjusted Diluted EPS up 13% to $0.35. CEO Bill Angrick highlighted broad industry coverage, robust buyer demand, and operating leverage as key drivers. The company also provided a positive outlook for Q3 FY2026, expecting continued profitable growth.
Key Highlights
- Q2 FY2026 Gross Merchandise Volume (GMV) increased 6% to $389.9 million.
- Q2 FY2026 Revenue grew 4% to $120.7 million.
- Q2 FY2026 GAAP Net Income was $7.5 million, up 7% YoY.
- Q2 FY2026 Non-GAAP Adjusted EBITDA rose 37% to $16.7 million.
- Q2 FY2026 Non-GAAP Adjusted Diluted EPS was $0.35, up 13% YoY.
- Cash balances stood at $204.0 million with zero financial debt.
- Registered buyers increased 8% to approximately 6.3 million.
- Q3 FY2026 guidance projects GMV between $425 million and $465 million.
Price Impact
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