Filing Flows › Comparisons › IMXI vs LQDT
International Money Express vs Liquidity Services: IMXI and LQDT compared
International Money Express is the larger company: $131M of revenue in its latest quarter (Q2 2026) against $130M for Liquidity Services (Q3 FY26). Liquidity Services is growing faster (+8% against -19% a year earlier). Liquidity Services is more profitable, with an operating margin of 10.9% against 6.7%.
Where the money goes: IMXI and LQDT
International Money Express (IMXI) · Q2 2026
International Money Express, Q2 2026: revenue $131M (-19% year over year), operating margin 6.7%, net earnings $4.2M, operating cash flow $113M. The chart follows the revenue to costs, profit and cash.
Liquidity Services (LQDT) · Q3 FY26
Liquidity Services, Q3 FY26: revenue $130M (+8% year over year), operating margin 10.9%, net earnings $10.4M, operating cash flow $31.2M. The chart follows the revenue to costs, profit and cash.
| International Money Express (IMXI) | Liquidity Services (LQDT) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 FY26 |
| Revenue | $131M | $130M |
| Revenue growth, Y/Y | -19% | +8% |
| Gross margin | — | 49.3% |
| Operating margin | 6.7% | 10.9% |
| Net earnings | $4.2M | $10.4M |
| Net margin | 3.2% | 8.0% |
| Operating cash flow | $113M | $31.2M |
| Free cash flow | $107M | $29.4M |
Where the revenue comes from
International Money Express
- Wire transfer and money order fees, net: $108M (82%)
- Foreign exchange gain, net: $16.7M (13%)
- Other income: $6.9M (5%)
Liquidity Services
- Product: $81.8M (63%)
- Consignment and Other Fee Revenues: $47.7M (37%)
Questions
Which is bigger, International Money Express or Liquidity Services?
International Money Express is the larger company: $131M of revenue in its latest quarter (Q2 2026) against $130M for Liquidity Services (Q3 FY26).
Is International Money Express or Liquidity Services growing faster?
Liquidity Services is growing faster (+8% against -19% a year earlier).
Which is more profitable, International Money Express or Liquidity Services?
Liquidity Services is more profitable, with an operating margin of 10.9% against 6.7%.
More: International Money Express earnings · how International Money Express makes money · Liquidity Services earnings · how Liquidity Services makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Aug 6, 2026). Fiscal quarters can end on different dates. Not investment advice.