Liquidity Services, Inc. (LQDT) Income Tax Expense
The tax expense for Liquidity Services, Inc. (LQDT) is $11.35 Million with a year-over-year change of +56.12%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
LQDT Tax Expense Chart
Current Tax Expense
$11.35M
$11.35 Million
Year-over-Year Change
+56.12%
vs. $7.27M prior year
Historical Data
24
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $11.35M | +$4.08M | +56.12% |
| 2024 | $7.27M | $-770,000 | -9.58% |
| 2023 | $8.04M | +$710,000 | +9.69% |
| 2022 | $7.33M | +$30.70M | +131.36% |
| 2021 | $-23.37M | $-24.17M | -3017.60% |
| 2020 | $801,000 | $-399,000 | -33.25% |
| 2019 | $1.20M | +$10.53M | +112.86% |
| 2018 | $-9.33M | $-8.88M | -1968.29% |
| 2017 | $-451,000 | $-27.48M | -101.67% |
| 2016 | $27.02M | +$66.60M | +168.29% |
| 2015 | $-39.57M | $-59.23M | -301.31% |
| 2014 | $19.66M | $-7.89M | -28.65% |
| 2013 | $27.55M | $-4.10M | -12.96% |
| 2012 | $31.65M | +$16.19M | +104.75% |
| 2011 | $15.46M | +$3.27M | +26.78% |
| 2010 | $12.19M | +$4.23M | +53.17% |
| 2009 | $7.96M | $-585,000 | -6.85% |
| 2008 | $8.55M | +$1.09M | +14.56% |
| 2007 | $7.46M | +$2.17M | +40.91% |
| 2006 | $5.29M | +$4.13M | +354.03% |
| 2005 | $1.17M | +$625,000 | +115.53% |
| 2004 | $541,000 | +$190,000 | +54.13% |
| 2003 | $351,000 | +$351,000 | — |
| 2002 | $0 | — | — |
About Liquidity Services, Inc.
Liquidity Services, Inc. delivers comprehensive e-commerce solutions, featuring online marketplaces, self-service auction listing tools, and a variety of support services. The company's operations are structured into four distinct segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. Among its key platforms, liquidation.com empowers corporations to efficiently divest surplus and salvaged consumer goods and retail capital assets. The GovDeals marketplace offers a direct listing service, enabling state and local government agencies, as well as commercial enterprises in the United States and Canada, to sell their own excess and salvaged property. Complementing these, AllSurplus functions as a centralized gateway, uniting a global network of buyers with assets sourced from across all the company's diverse marketplaces. Moreover, Liquidity Services operates marketplaces that facilitate the sale of manufacturing surplus, salvaged capital equipment, and scrap materials for corporations spanning North America, Europe, Australia, Asia, and Africa. Clients can also leverage an extensive suite of services, including inventory surplus management, asset appraisal, sales execution, marketing, returns processing, asset recovery, and broader e-commerce assistance. The company further maintains a global search engine platform dedicated to listings of pre-owned equipment across vital sectors such as construction, machine tools, transportation, printing, and agriculture. Its product offerings are vast, covering industry verticals like consumer electronics, general merchandise, apparel, scientific instruments, aerospace components, technology hardware, real estate, energy apparatus, industrial capital machinery, heavy equipment, fleet and transportation vehicles, and specialized machinery. Established in 1999, Liquidity Services, Inc. maintains its corporate headquarters in Bethesda, Maryland.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- William Paul Angrick