Liquidity Services Q1 profit rises on higher commission rates

Overview

• E-commerce marketplace's fiscal Q1 revenue fell 1% yr/yr

• Adjusted EPS for fiscal Q1 rose 39% yr/yr

• Adjusted EBITDA for fiscal Q1 increased 38% yr/yr

Outlook

• Liquidity Services expects Q2-FY26 GMV between $375 mln and $415 mln

• Company anticipates double-digit growth in Non-GAAP Adjusted EBITDA for Q2-FY26

• Liquidity Services sees Q2-FY26 GAAP EPS between $0.20 and $0.29

Result Drivers

• RETAIL SEGMENT - Strong performance driven by growing multi-channel buyer participation, leading to margin improvements

• GOVDEALS GROWTH - Segment revenue increased 9% due to service level expansion and higher commission rates

• AI AND AUTOMATION - Deployment of AI and automation improved efficiency and customer experience

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy."

• Wall Street's median 12-month price target for Liquidity Services Inc is $41.00, about 30.3% above its February 4 closing price of $31.47

Press Release: ID:nGNX5FRyXs

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