Filing Flows › Comparisons › LQDT vs IMXI
Liquidity Services vs International Money Express: LQDT and IMXI compared
Liquidity Services is the larger company: $130M of revenue in its latest quarter (Q3 FY26) against $126M for International Money Express (Q3 2026). Liquidity Services is growing faster (+8% against -18% a year earlier). Liquidity Services is more profitable, with an operating margin of 10.9% against 7.2%.
Where the money goes: LQDT and IMXI
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) · Q3 2026
International Money Express, Q3 2026: revenue $126M (-18% year over year), operating margin 7.2%, net earnings $4.3M, operating cash flow $8.2M. The chart follows the revenue to costs, profit and cash.
| Liquidity Services (LQDT) | International Money Express (IMXI) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 2026 |
| Revenue | $130M | $126M |
| Revenue growth, Y/Y | +8% | -18% |
| Gross margin | 49.3% | — |
| Operating margin | 10.9% | 7.2% |
| Net earnings | $10.4M | $4.3M |
| Net margin | 8.0% | 3.4% |
| Operating cash flow | $31.2M | $8.2M |
| Free cash flow | $29.4M | $3.3M |
Where the revenue comes from
Liquidity Services
- Product: $81.8M (63%)
- Consignment and Other Fee Revenues: $47.7M (37%)
International Money Express
- Wire transfer and money order fees, net: $102M (81%)
- Foreign exchange gain, net: $17.4M (14%)
- Other income: $6.7M (5%)
Questions
Which is bigger, Liquidity Services or International Money Express?
Liquidity Services is the larger company: $130M of revenue in its latest quarter (Q3 FY26) against $126M for International Money Express (Q3 2026).
Is Liquidity Services or International Money Express growing faster?
Liquidity Services is growing faster (+8% against -18% a year earlier).
Which is more profitable, Liquidity Services or International Money Express?
Liquidity Services is more profitable, with an operating margin of 10.9% against 7.2%.
More: Liquidity Services earnings · how Liquidity Services makes money · International Money Express earnings · how International Money Express makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Nov 9, 2026). Fiscal quarters can end on different dates. Not investment advice.