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Liquidity Services vs Rimini Street: LQDT and RMNI compared
Liquidity Services is the larger company: $130M of revenue in its latest quarter (Q3 FY26) against $112M for Rimini Street (Q3 2026). Rimini Street is growing faster (+8% against +8% a year earlier). Liquidity Services is more profitable, with an operating margin of 10.9% against 8.8%.
Where the money goes: LQDT and RMNI
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.
Rimini Street (RMNI) · Q3 2026
Rimini Street, Q3 2026: revenue $112M (+8% year over year), operating margin 8.8%, net earnings $6.5M, operating cash flow −$15.2M. The chart follows the revenue to costs, profit and cash.
| Liquidity Services (LQDT) | Rimini Street (RMNI) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 2026 |
| Revenue | $130M | $112M |
| Revenue growth, Y/Y | +8% | +8% |
| Gross margin | 49.3% | 61.4% |
| Operating margin | 10.9% | 8.8% |
| Net earnings | $10.4M | $6.5M |
| Net margin | 8.0% | 5.8% |
| Operating cash flow | $31.2M | −$15.2M |
| Free cash flow | $29.4M | — |
Where the revenue comes from
Liquidity Services
- Product: $81.8M (63%)
- Consignment and Other Fee Revenues: $47.7M (37%)
Questions
Which is bigger, Liquidity Services or Rimini Street?
Liquidity Services is the larger company: $130M of revenue in its latest quarter (Q3 FY26) against $112M for Rimini Street (Q3 2026).
Is Liquidity Services or Rimini Street growing faster?
Rimini Street is growing faster (+8% against +8% a year earlier).
Which is more profitable, Liquidity Services or Rimini Street?
Liquidity Services is more profitable, with an operating margin of 10.9% against 8.8%.
More: Liquidity Services earnings · how Liquidity Services makes money · Rimini Street earnings · how Rimini Street makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 6, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.