Liquidity Services

What Liquidity Services does

Liquidity Services is a publicly traded operator of online auction marketplaces for surplus, returned, and wholesale merchandise, headquartered in Bethesda, Maryland (NASDAQ: LQDT). The company runs a multi-brand portfolio of six marketplaces — Liquidation.com (retail surplus), GovDeals (government surplus), AllSurplus (enterprise surplus aggregator), Machinio (machinery and equipment), Bid4Assets (real estate/property), and Secondipity (consumer surplus) — collectively reaching approximately 4.9 million buyers and serving 3 million+ registered users on the flagship Liquidation.com platform alone. The core technology is a B2B online auction platform supporting proxy bidding, sealed bid, and fixed-price formats across 600+ product categories, complemented by integrated logistics coordination, payment processing, dispute resolution, and a network of six North American warehouses for fulfillment. Buyer-side tools include automated Search Agents, email/SMS alerts, watchlists, and advanced search; seller-side tools include self-service listing dashboards, shipping label generation, and asset sales agreement management.

The business model is transaction-fee driven. Revenue is generated through buyer's premiums on all transactions, marketplace commissions on gross merchandise value, auction final price realization, and managed shipping services. The pricing structure is dynamic and auction-based, with most lots starting at $100 minimum bid with no reserve. Additional fees include a 15% late-payment cancellation fee. The go-to-market combines self-service buyer registration with verification for the SMB/long-tail buyer base, dedicated account managers for enterprise sellers generating over $1,000,000 in annual surplus, and content marketing through the Buyer Education Center and Pro Tips Program. The primary customer segments are professional resellers and dealers (primary buyer persona), large retailers and manufacturers (primary seller segment), government/public sector agencies, industrial/machinery buyers and sellers, and individual buyers/small businesses. Major supplier relationships include Amazon, Walmart, Target, Lowe's, Home Depot, Ferguson, Wayfair, Walgreens, CVS, Sony, Staples, and Dollar General, among others.

Name

Liquidity Services

Legal name

Liquidity Services, Inc.

Website

https://liquidation.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Liquidity Services (NASDAQ: LQDT) operates a multi-brand portfolio of six online auction marketplaces — led by Liquidation.com — connecting major retailers and government agencies selling surplus inventory with 4.9 million buyers across retail, government, machinery, and real estate verticals.

Ownership category

akta.pro rank

Product category

Online Auction Marketplace

NAICS

Other Commercial Equipment Merchant Wholesalers (42344), Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (42343), Industrial Supplies Merchant Wholesalers (423840), Service Establishment Equipment and Supplies Merchant Wholesalers (42385)

SIC

Wholesale-Misc Durable Goods (5090), Wholesale-Machinery, Equipment & Supplies (5080), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082), Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Online Closeout & Liquidation Marketplaces (CRAEAFAF)

akta.pro secondary industries

B2B Liquidation Auctions & Asset Disposition Retail (CRAEAFAG), Bulk Liquidation, Returns & Overstock Recommerce Marketplaces (CRAFAGAO), Auction-based Generalist Marketplaces (CRAFAAAC)

Keywords

• Online auction marketplace
• Surplus liquidation services
• Wholesale inventory auctions
• B2B surplus marketplaces
• Government asset disposal

Headquarters

HQ city

Arlington

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Buyer's Premium: Standard auctioneering fee applied to all transactions covering sourcing, marketing, marketplace operations, payment collection, fulfillment, testing, shipping and inspection costs.
2. Auction Final Price: Revenue from winning bids on merchandise sold through the marketplace. Most auctions start at $100 minimum with no reserve, allowing marketplace pricing.
3. Seller Commission: Commission fees charged to sellers for listing and selling surplus inventory through the platform. Net of commission remitted to sellers after buyer payment and merchandise receipt.
4. Shipping Services: Arranged and managed shipping services where Liquidation.com coordinates logistics partners, with buyer paying shipping costs.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels6 records

Core offering

Liquidity Services operates a portfolio of online auction marketplaces that connect enterprise sellers (retailers, manufacturers, government agencies) with buyers seeking wholesale surplus, customer returns, overstock, and refurbished merchandise. Its flagship Liquidation.com platform supports auction, sealed bid, and fixed-price formats across 600+ product categories including consumer electronics, apparel, home improvement, and general merchandise. The company also operates category-specific marketplaces (GovDeals, AllSurplus, Machinio, Bid4Assets, Secondipity) and provides integrated logistics, payment processing, and dispute resolution services to facilitate transactions.

Product overview

Liquidity Services operates Liquidation.com as its flagship B2B online auction marketplace for wholesale surplus, returns, overstock, and refurbished merchandise. The platform serves professional resellers through auction, sealed bid, and fixed-price formats across 13 major merchandise categories including Appliances, Clothing & Accessories, Computers & Networking, Consumer Electronics, General Merchandise, Health & Beauty, Home Improvement, Housewares, Jewelry & Watches, and Tools & Machinery. The product portfolio includes five branded marketplaces (Liquidation.com, AllSurplus, GovDeals, Machinio, Bid4Assets, SecondIpity) plus seller tools (self-service listing, transaction monitoring, shipping labels), buyer tools (Search Agent, Email/SMS Alerts, Proxy Bidding, Watchlist, Advanced Search), and support services (shipping/logistics, dispute resolution, buyer education, Pro Tips Program). A network of six warehouses in North America supports pickup and fulfillment operations.

Differentiator

Problem solved

Functional benefit

Brands

• AllSurplus: Surplus aggregator for commercial and industrial assets
• GovDeals
• Machinio
• Liquidation.com
• Bid4Assets
• Secondipity

Products and services

• Liquidation.com Primary B2B online auction marketplace for wholesale surplus, returns, overstock, and refurbished merchandise. Offers packages, pallets, and truckloads across 13 major categories including electronics, clothing, home improvement, and general merchandise, serving professional resellers with auction, sealed bid, and fixed-price formats.
• AllSurplus Surplus aggregator platform connecting sellers with qualified buyers for bulk merchandise sales of commercial and industrial assets.
• GovDeals Government surplus marketplace enabling public sector agencies to sell equipment, vehicles, and assets to the public through online auctions.
• Machinio Equipment and machinery marketplace for industrial equipment, construction vehicles, and heavy machinery. Expanded in October 2025 to support service providers with new advertising and management features.
• Bid4Assets Property surplus platform for selling real estate, foreclosures, and distressed property assets through online auctions.
• Secondipity Consumer surplus platform for auctioning returned and refurbished consumer goods directly to end consumers.
• Shipping and Logistics Services End-to-end logistics management including shipping coordination with multiple carriers, real-time quote estimates, consolidation options, freight tracking, and 100% insured shipments. Supports parcel, LTL, FTL, and international shipping.
• Dispute Resolution Formal dispute process for buyers to report merchandise discrepancies, damaged items, or misrepresentation, with investigation and resolution within 10-15 business days.
• Warehouse Network Six operational warehouses across North America (Brownsburg, IN; Garland, TX; North Las Vegas, NV; Pittston, PA; Brampton, ON; North Wilkesboro, NC) providing pickup, inspection, and fulfillment services.
• Buyer Education Center Educational resource hub with how-to guides, buying articles, FAQs, video tutorials, and buyer experience stories covering bidding strategy, merchandise conditions, sourcing, and resale channels.
• Pro Tips Program Buyer engagement program incentivizing content creation with 10% discount on next auction for submitting qualifying videos or articles about liquidation buying strategies and experiences.

Quantifiable outcome

• Buyers purchase merchandise at 70-90% off retail prices
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

17 partnerships are on record, tiered core, major and minor.

• AmazoncoreChannel Partner/ Reseller/ DistributorMajor supplier relationship where Amazon provides customer returns and overstock merchandise to Liquidation.com marketplace for resale. Amazon-sourced merchandise identified as distinct category on platform.
• WalmartcoreChannel Partner/ Reseller/ DistributorWalmart supplies surplus inventory including overstocks and returns to the liquidation marketplace. Distinct branded category available on Liquidation.com.
• FergusoncoreChannel Partner/ Reseller/ DistributorMajor plumbing, HVAC, and building supplies supplier. Ferguson supplies quality merchandise including Moen faucets, showerheads, and accessories. Multiple branded auctions available including Ferguson Home line.
• TargetcoreChannel Partner/ Reseller/ DistributorTarget supplies retail merchandise including front-of-store overstocks and display items for liquidation auctions.
• Lowe'scoreChannel Partner/ Reseller/ DistributorHome improvement retailer supplying surplus inventory including seasonal merchandise, returns, and overstocks to the marketplace.
• Home DepotcoreChannel Partner/ Reseller/ DistributorHome improvement retailer supplying surplus merchandise including building materials, tools, and seasonal items for liquidation.
• WalgreensmajorChannel Partner/ Reseller/ DistributorDrugstore chain supplying retail merchandise including health and beauty products, personal care items, and general merchandise for liquidation.
• WayfairmajorChannel Partner/ Reseller/ DistributorFurniture and home furnishings retailer with exclusive liquidation partnerships. Source of furniture, home furnishings, and decor merchandise.
• OverstockmajorChannel Partner/ Reseller/ DistributorOnline retailer supplying excess inventory and returned merchandise for liquidation auctions.
• CVSmajorChannel Partner/ Reseller/ DistributorRetail pharmacy chain supplying merchandise including pallets and truckloads of health, beauty, and general merchandise.
• DICK'S Sporting GoodsmajorChannel Partner/ Reseller/ DistributorSporting goods retailer supplying athletic equipment, apparel, and sporting merchandise for liquidation.
• SonymajorChannel Partner/ Reseller/ DistributorElectronics manufacturer supplying consumer electronics including TVs, headphones, and home theater systems.
• LogitechminorChannel Partner/ Reseller/ DistributorComputer peripherals and accessories manufacturer supplying electronics for liquidation.
• First Class FaucetsminorChannel Partner/ Reseller/ DistributorPlumbing supplier featuring Moen faucets, showerheads, and accessories on the platform.
• TitanminorChannel Partner/ Reseller/ DistributorRetail partner supplying general merchandise through the marketplace.
• StaplesminorChannel Partner/ Reseller/ DistributorOffice supplies retailer supplying surplus office products and equipment.
• Bed Bath & BeyondminorChannel Partner/ Reseller/ DistributorHome goods retailer (now reorganized) that previously supplied merchandise for liquidation.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• B-Stock Solutions: B-Stock operates B2B liquidation auction marketplaces (B-Stock Supply) for returns, overstock, and customer returns from major retailers and manufacturers. Direct competitor to Liquidity Services' Liquidation.com, with overlapping verticals including consumer electronics and apparel, and similar take-rate economics.
• Via Trading: Via Trading is a wholesale liquidation supplier operating its own marketplace for pallets, truckloads, and closeouts across categories including apparel and general merchandise. Comparable merchant-wholesale function targeting the same reseller segment as Liquidation.com.
• 888 Lots: 888 Lots runs an online liquidation auction marketplace for general merchandise, apparel, and customer returns. Smaller-scale direct competitor operating in the same B2B liquidation auction format targeting professional resellers.
• BoxFox: BoxFox runs a B2B marketplace aggregating bulk inventory and overstock from brands and 3PLs for sale to retailers and resellers. Overlaps with Liquidity Services in pallet/lot-size transactions and the working-capital-relief use case for brand sellers.
• Direct Liquidation: Direct Liquidation (formerly DirectLiquidation.com) operates B2B liquidation marketplaces for pallets and truckloads of overstock and customer returns from retailers such as Amazon and Target. Competes head-to-head with Liquidation.com in the same online-auction format and SMB reseller buyer base.

Broad incumbents

• eBay Business Supply / eBay Wholesale: eBay operates large-scale B2C and B2B marketplaces including liquidation, returns, and overstock categories (eBay Wholesale, eBay Business Supply). Incumbent platform with significantly larger buyer base but does not specialize in surplus liquidation; competes for reseller attention and inventory.
• Amazon Business Liquidation & Returns: Amazon operates Amazon Business and own channels for liquidating overstock and customer returns (e.g., Amazon Outlet, Amazon Renewed). Both a major supply source to Liquidity Services and a competing destination for resale, making it a partial ally/adversary peer.

Others

• ThredUp Recommerce Solutions: ThredUp operates a managed recommerce platform handling returns and overstock resale for apparel brands. Less direct overlap on auction model, but addresses the same seller-side pain point (efficient disposition of excess inventory), making it an adjacent peer in the surplus management ecosystem.

Emerging players

• The Warranty Group / ReturnGO: ReturnGO and adjacent returns-management platforms increasingly route returned merchandise to recommerce and liquidation channels. Operates an enabling layer that competes for the same seller supply and buyer pool Liquidity Services serves, though more indirectly.
• Bulk Reef Supply / Liquidation Shark: Liquidation Shark and similar niche entrants operate direct-to-reseller liquidation marketplaces targeting specific verticals (e.g., general merchandise, pallets). Smaller-scale competitors that surface relevant auction inventory but lack Liquidity Services' multi-vertical brand portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liquidity Services