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.