Liquidity Services Inc. reported financial results for the first quarter (Q1) of fiscal year 2026. Gross Merchandise Volume (GMV) reached USD 398.00 million, up 3% for the period. Revenue was USD 121.20 million, down 1%. GAAP net income amounted to USD 7.50 million, representing an increase of 29%. GAAP diluted earnings per share $(EPS)$ were USD 0.23, up 28%. Non-GAAP adjusted EBITDA rose 38% to USD 18.10 million, while non-GAAP adjusted EPS increased 39% to USD 0.39. Cash balances stood at USD 181.40 million with zero financial debt as of the end of the quarter. During the period, Liquidity Services Inc. highlighted strong performance in its GovDeals segment, with GMV up 7% due to ongoing organic seller acquisition and market share expansion. The RSCG segment’s GMV increased 3%, attributed to growth in key consignment programs and a milder reduction in inventory purchases. The company also launched its Retail Rush consumer auction channel, supported by its technology-based platform. Management expressed confidence in continued year-over-year growth and long-term value creation, citing a healthy pipeline entering the second quarter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liquidity Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9649574-en) on February 05, 2026, and is solely responsible for the information contained therein.