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Side-by-side financial comparison of LIQUIDITY SERVICES INC (LQDT) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.
LIQUIDITY SERVICES INC is the larger business by last-quarter revenue ($121.2M vs $62.0M, roughly 2.0× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 6.2%, a 25.2% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs -0.9%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $-2.8M). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 15.1%).
Liquidity Services, Inc. is an American e-commerce company providing surplus asset management services through a network of online marketplaces. It serves businesses and government agencies by facilitating the resale of surplus, returned, and end-of-life goods. Founded in 1999 and headquartered in Bethesda, Maryland, United States.
Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.
LQDT vs MPB — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $121.2M | $62.0M |
| Net Profit | $7.5M | $19.4M |
| Gross Margin | 47.0% | — |
| Operating Margin | 7.7% | 43.6% |
| Net Margin | 6.2% | 31.4% |
| Revenue YoY | -0.9% | 30.8% |
| Net Profit YoY | 28.9% | 47.0% |
| EPS (diluted) | $0.23 | $0.83 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $121.2M | $62.0M | ||
| Q3 25 | $118.1M | $61.8M | ||
| Q2 25 | $119.9M | $54.3M | ||
| Q1 25 | $116.4M | $47.7M | ||
| Q4 24 | $122.3M | $47.4M | ||
| Q3 24 | $106.9M | $45.3M | ||
| Q2 24 | $93.6M | $44.1M | ||
| Q1 24 | $91.5M | $42.3M |
| Q4 25 | $7.5M | $19.4M | ||
| Q3 25 | $7.8M | $18.3M | ||
| Q2 25 | $7.4M | $4.8M | ||
| Q1 25 | $7.1M | $13.7M | ||
| Q4 24 | $5.8M | $13.2M | ||
| Q3 24 | $6.4M | $12.3M | ||
| Q2 24 | $6.0M | $11.8M | ||
| Q1 24 | $5.7M | $12.1M |
| Q4 25 | 47.0% | — | ||
| Q3 25 | 47.8% | — | ||
| Q2 25 | 45.7% | — | ||
| Q1 25 | 40.8% | — | ||
| Q4 24 | 41.0% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 52.8% | — | ||
| Q1 24 | 51.6% | — |
| Q4 25 | 7.7% | 43.6% | ||
| Q3 25 | 9.3% | 39.3% | ||
| Q2 25 | 8.5% | 7.9% | ||
| Q1 25 | 5.8% | 35.2% | ||
| Q4 24 | 5.8% | 34.1% | ||
| Q3 24 | 6.8% | 32.8% | ||
| Q2 24 | 8.4% | 32.4% | ||
| Q1 24 | 7.2% | 34.8% |
| Q4 25 | 6.2% | 31.4% | ||
| Q3 25 | 6.6% | 29.6% | ||
| Q2 25 | 6.2% | 8.8% | ||
| Q1 25 | 6.1% | 28.8% | ||
| Q4 24 | 4.7% | 27.9% | ||
| Q3 24 | 6.0% | 27.1% | ||
| Q2 24 | 6.4% | 26.7% | ||
| Q1 24 | 6.2% | 28.7% |
| Q4 25 | $0.23 | $0.83 | ||
| Q3 25 | $0.24 | $0.79 | ||
| Q2 25 | $0.23 | $0.22 | ||
| Q1 25 | $0.22 | $0.71 | ||
| Q4 24 | $0.18 | $0.72 | ||
| Q3 24 | $0.20 | $0.74 | ||
| Q2 24 | $0.19 | $0.71 | ||
| Q1 24 | $0.18 | $0.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $11.6M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $215.3M | $814.1M |
| Total Assets | $369.1M | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.6M | — | ||
| Q3 25 | $11.2M | — | ||
| Q2 25 | $11.4M | — | ||
| Q1 25 | $10.5M | — | ||
| Q4 24 | $10.4M | — | ||
| Q3 24 | $2.3M | — | ||
| Q2 24 | $6.5M | — | ||
| Q1 24 | $8.4M | — |
| Q4 25 | $215.3M | $814.1M | ||
| Q3 25 | $203.2M | $796.3M | ||
| Q2 25 | $208.7M | $775.7M | ||
| Q1 25 | $196.3M | $667.9M | ||
| Q4 24 | $189.2M | $655.0M | ||
| Q3 24 | $182.6M | $573.1M | ||
| Q2 24 | $172.0M | $559.7M | ||
| Q1 24 | $163.9M | $551.0M |
| Q4 25 | $369.1M | $6.1B | ||
| Q3 25 | $375.1M | $6.3B | ||
| Q2 25 | $372.4M | $6.4B | ||
| Q1 25 | $358.8M | $5.5B | ||
| Q4 24 | $333.2M | $5.5B | ||
| Q3 24 | $346.9M | $5.5B | ||
| Q2 24 | $325.5M | $5.4B | ||
| Q1 24 | $303.7M | $5.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-526.0K | $80.0M |
| Free Cash FlowOCF − Capex | $-2.8M | $71.8M |
| FCF MarginFCF / Revenue | -2.3% | 115.8% |
| Capex IntensityCapex / Revenue | 1.9% | 13.3% |
| Cash ConversionOCF / Net Profit | -0.07× | 4.12× |
| TTM Free Cash FlowTrailing 4 quarters | $70.1M | $132.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-526.0K | $80.0M | ||
| Q3 25 | $38.0M | $26.3M | ||
| Q2 25 | $19.3M | $29.0M | ||
| Q1 25 | $21.6M | $11.5M | ||
| Q4 24 | $-12.1M | $51.4M | ||
| Q3 24 | $22.0M | $16.9M | ||
| Q2 24 | $22.2M | $18.0M | ||
| Q1 24 | $34.8M | $12.4M |
| Q4 25 | $-2.8M | $71.8M | ||
| Q3 25 | $36.0M | $24.3M | ||
| Q2 25 | $17.2M | $27.2M | ||
| Q1 25 | $19.8M | $8.8M | ||
| Q4 24 | $-14.0M | $44.5M | ||
| Q3 24 | $19.2M | $16.8M | ||
| Q2 24 | $20.3M | $17.7M | ||
| Q1 24 | $32.5M | $12.1M |
| Q4 25 | -2.3% | 115.8% | ||
| Q3 25 | 30.5% | 39.4% | ||
| Q2 25 | 14.3% | 50.1% | ||
| Q1 25 | 17.0% | 18.4% | ||
| Q4 24 | -11.4% | 93.8% | ||
| Q3 24 | 17.9% | 37.1% | ||
| Q2 24 | 21.7% | 40.2% | ||
| Q1 24 | 35.5% | 28.5% |
| Q4 25 | 1.9% | 13.3% | ||
| Q3 25 | 1.7% | 3.1% | ||
| Q2 25 | 1.8% | 3.2% | ||
| Q1 25 | 1.6% | 5.7% | ||
| Q4 24 | 1.5% | 14.6% | ||
| Q3 24 | 2.7% | 0.0% | ||
| Q2 24 | 2.1% | 0.7% | ||
| Q1 24 | 2.6% | 0.8% |
| Q4 25 | -0.07× | 4.12× | ||
| Q3 25 | 4.86× | 1.44× | ||
| Q2 25 | 2.60× | 6.08× | ||
| Q1 25 | 3.07× | 0.84× | ||
| Q4 24 | -2.09× | 3.88× | ||
| Q3 24 | 3.45× | 1.37× | ||
| Q2 24 | 3.71× | 1.53× | ||
| Q1 24 | 6.10× | 1.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LQDT
| RSCG | $82.0M | 68% |
| Gov Deals | $22.3M | 18% |
| CAG | $11.5M | 9% |
| Machinio And Software Solutions Corporation | $5.5M | 5% |
MPB
Segment breakdown not available.
