Liquidity Services vs Xometry
Xometry is the larger business, with $687m of revenue in fiscal 2025 against $477m for Liquidity Services (1.4 times as much). Liquidity Services grew faster (31.2% against 25.9%). Liquidity Services kept more of each dollar of sales as profit: a net margin of 5.9% against -9.0%.
| Latest fiscal year | Liquidity ServicesLQDT, 2025 | XometryXMTR, 2025 |
|---|---|---|
| Revenue | $477m | $687m |
| Revenue growth | 31.2% | 25.9% |
| Net income | $28.1m | −$61.7m |
| Operating margin | — | -6.6% |
| Net margin | 5.9% | -9.0% |
| Return on equity | 14.6% | -20.9% |
| Free cash flow | $59.0m | −$24.1m |
| Cash | $175m | $15.0m |
| Total debt | $0 | $336m |
| Debt to equity | — | 121.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $16.2m | $8.1m |
| Employees | — | 1,174 |
| Market value | $1.70bn | $5.93bn |
| Price vs our value range | Within our value range | — |
| Moat score | 61 (Moderate) | 22 (Weak) |
| Insider trades, 12 months | 0 buys, 82 sales | 2 buys, 196 sales |