Liquidity Services annual operating expenses
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Liquidity Services Operating Expenses Growth & History (LQDT)
Liquidity Services's operating expenses was $441.6M for fiscal 2025.
View full Liquidity Services company overviewLiquidity Services annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $441.6M | $101.7M | +29.92% |
| 2024 | 2024-09-30 | $339.9M | $51.6M | +17.88% |
| 2023 | 2023-09-30 | $288.4M | $55.7M | +23.95% |
| 2022 | 2022-09-30 | $232.6M | $2.3M | +0.99% |
| 2021 | 2021-09-30 | $230.4M | $20.5M | +9.78% |
| 2020 | 2020-09-30 | $209.8M | −$36.2M | −14.71% |
| 2019 | 2019-09-30 | $246.0M | −$209,000 | −0.08% |
| 2018 | 2018-09-30 | $246.2M | −$64.0M | −20.63% |
| 2017 | 2017-09-30 | $310.3M | −$40.3M | −11.50% |
| 2016 | 2016-09-30 | $350.6M | −$190.8M | −35.24% |
| 2015 | 2015-09-30 | $541.3M | $96.1M | +21.58% |
| 2014 | 2014-09-30 | $445.2M | $7.3M | +1.68% |
| 2013 | 2013-09-30 | $437.9M | $44.8M | +11.39% |
| 2012 | 2012-09-30 | $393.1M | $103.1M | +35.54% |
| 2011 | 2011-09-30 | $290.1M | $44.7M | +18.23% |
| 2010 | 2010-09-30 | $245.3M | $42.0M | +20.65% |
| 2009 | 2009-09-30 | $203.3M | — | — |
Liquidity Services quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $115.4M | $5.8M | +5.27% |
| Q2 2026 | 2026-03-31 | $111.1M | $1.5M | +1.41% |
| Q1 2026 | 2025-12-31 | $111.8M | −$3.4M | −2.95% |
| Q4 2025 | 2025-09-30 | $107.1M | $7.5M | +7.50% |
| Q3 2025 | 2025-06-30 | $109.7M | $23.9M | +27.93% |
| Q2 2025 | 2025-03-31 | $109.6M | $24.7M | +29.12% |
| Q1 2025 | 2024-12-31 | $115.2M | $45.6M | +65.40% |
| Q4 2024 | 2024-09-30 | $99.7M | $27.6M | +38.26% |
| Q3 2024 | 2024-06-30 | $85.7M | $13.2M | +18.21% |
| Q2 2024 | 2024-03-31 | $84.9M | $8.7M | +11.35% |
| Q1 2024 | 2023-12-31 | $69.7M | $2.1M | +3.14% |
| Q4 2023 | 2023-09-30 | $72.1M | $8.1M | +12.70% |
| Q3 2023 | 2023-06-30 | $72.5M | $21.3M | +41.71% |
| Q2 2023 | 2023-03-31 | $76.2M | $20.9M | +37.83% |
| Q1 2023 | 2022-12-31 | $67.6M | $5.3M | +8.57% |
| Q4 2022 | 2022-09-30 | $64.0M | $1.9M | +3.13% |
| Q3 2022 | 2022-06-30 | $51.2M | −$9.9M | −16.21% |
| Q2 2022 | 2022-03-31 | $55.3M | −$856,000 | −1.52% |
| Q1 2022 | 2021-12-31 | $62.2M | $11.1M | +21.71% |
| Q4 2021 | 2021-09-30 | $62.0M | $11.5M | +22.70% |
| Q3 2021 | 2021-06-30 | $61.1M | $13.5M | +28.51% |
| Q2 2021 | 2021-03-31 | $56.1M | −$1.1M | −1.97% |
| Q1 2021 | 2020-12-31 | $51.1M | −$3.4M | −6.18% |
| Q4 2020 | 2020-09-30 | $50.5M | −$13.6M | −21.24% |
| Q3 2020 | 2020-06-30 | $47.5M | −$13.9M | −22.65% |
| Q2 2020 | 2020-03-31 | $57.3M | −$4.0M | −6.54% |
| Q1 2020 | 2019-12-31 | $54.5M | −$4.6M | −7.84% |
| Q4 2019 | 2019-09-30 | $64.2M | $5.2M | +8.78% |
| Q3 2019 | 2019-06-30 | $61.4M | $7.7M | +14.22% |
| Q2 2019 | 2019-03-31 | $61.3M | −$4.5M | −6.81% |
| Q1 2019 | 2018-12-31 | $59.1M | −$8.6M | −12.64% |
| Q4 2018 | 2018-09-30 | $59.0M | −$129.1M | −68.64% |
| Q3 2018 | 2018-06-30 | $53.8M | $15.1M | +39.07% |
| Q2 2018 | 2018-03-31 | $65.8M | $24.6M | +59.60% |
| Q1 2018 | 2017-12-31 | $67.7M | $25.4M | +60.25% |
| Q4 2017 | 2017-09-30 | $188.1M | −$56.9M | −23.21% |
| Q3 2017 | 2017-06-30 | $38.7M | $8.8M | +29.58% |
| Q2 2017 | 2017-03-31 | $41.2M | $6.9M | +20.07% |
| Q1 2017 | 2016-12-31 | $42.2M | $849,000 | +2.05% |
| Q4 2016 | 2016-09-30 | $245.0M | $102.7M | +72.16% |
| Q3 2016 | 2016-06-30 | $29.9M | −$59.9M | −66.74% |
| Q2 2016 | 2016-03-31 | $34.3M | −$64.8M | −65.38% |
| Q1 2016 | 2015-12-31 | $41.4M | −$168.8M | −80.30% |
| Q4 2015 | 2015-09-30 | $142.3M | $24.4M | +20.71% |
| Q3 2015 | 2015-06-30 | $89.8M | −$8.6M | −8.77% |
| Q2 2015 | 2015-03-31 | $99.1M | −$19.7M | −16.60% |
| Q1 2015 | 2014-12-31 | $210.1M | $100.0M | +90.85% |
| Q4 2014 | 2014-09-30 | $117.9M | $6.0M | +5.34% |
| Q3 2014 | 2014-06-30 | $98.4M | −$7.0M | −6.60% |
| Q2 2014 | 2014-03-31 | $118.9M | $10.2M | +9.35% |
| Q1 2014 | 2013-12-31 | $110.1M | −$1.8M | −1.65% |
| Q4 2013 | 2013-09-30 | $111.9M | −$1.6M | −1.40% |
| Q3 2013 | 2013-06-30 | $105.3M | $9.3M | +9.74% |
| Q2 2013 | 2013-03-31 | $108.7M | $14.8M | +15.80% |
| Q1 2013 | 2012-12-31 | $111.9M | $22.2M | +24.70% |
| Q4 2012 | 2012-09-30 | $113.5M | $43.9M | +63.12% |
| Q3 2012 | 2012-06-30 | $96.0M | $25.1M | +35.46% |
| Q2 2012 | 2012-03-31 | $93.9M | $15.9M | +20.46% |
| Q1 2012 | 2011-12-31 | $89.8M | $18.1M | +25.24% |
| Q4 2011 | 2011-09-30 | $69.6M | — | — |
| Q3 2011 | 2011-06-30 | $70.9M | $5.1M | +7.73% |
| Q2 2011 | 2011-03-31 | $77.9M | — | — |
| Q1 2011 | 2010-12-31 | $71.7M | — | — |
| Q3 2010 | 2010-06-30 | $65.8M | — | — |
Liquidity Services operating expenses trends
Over the last five fiscal years, Liquidity Services's operating expenses increased from $209.8M to $441.6M, a change of $231.8M. The latest reported quarter, Q3 2026, shows $115.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Liquidity Services source filings ↗