Liquidity Services Inc (LQDT)

Gross profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	185,166	181,406	177,573	171,428	172,139	168,621	163,987	162,207	160,643	159,247	159,436	155,530	149,763	142,865	126,970	117,774	109,924	105,799	109,122	112,135
Revenue (ttm)	US$ in thousands	367,189	340,090	327,239	317,224	317,482	311,747	299,959	286,259	280,398	275,343	275,513	269,007	258,140	243,702	221,755	213,011	206,885	209,785	219,114	223,264
Gross profit margin		50.43%	53.34%	54.26%	54.04%	54.22%	54.09%	54.67%	56.66%	57.29%	57.84%	57.87%	57.82%	58.02%	58.62%	57.26%	55.29%	53.13%	50.43%	49.80%	50.23%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $185,166K ÷ $367,189K
= 50.43%

The gross profit margin of Liquidity Services Inc has shown fluctuations over the past few quarters. It peaked at 58.62% in Mar 31, 2021, and has since exhibited a decreasing trend. As of Sep 30, 2024, the gross profit margin stood at 50.43%. This decline could indicate potential challenges in managing direct costs related to revenue generation. It would be prudent for the company to closely monitor and address any factors impacting their gross profit margin to ensure sustainable profitability in the future.