Liquidity Services Cost of Revenue 2011-2025 | LQDT

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Liquidity Services

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
268 M	178 M	142 M	119 M	108 M	96 M	102 M	100 M	126 M	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
268 M	96 M	138 M

Quarterly Cost of Revenue Liquidity Services

2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
65.1 M	68.9 M	72.2 M	-	44.2 M	44.2 M	31.5 M	-	35.2 M	40.4 M	31.8 M	-	28.9 M	29 M	27.8 M	-	28.5 M	26.4 M	22.6 M	73.3 M	22.5 M	22.6 M	24.2 M	75.1 M	25.3 M	24.2 M	25 M	75.8 M	19.5 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
75.8 M	19.5 M	39.4 M

Cost of Revenue of other stocks in the Internet retail industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
Baozun BZUN	3.28 B	$ 2.77	-0.75 %	$ 498 M	China
Yunji YJ	211 M	$ 1.61	-	$ 3.17 B	China
iMedia Brands IMBI	287 M	-	-18.52 %	$ 3.08 M	USA
Farfetch Limited FTCH	1.24 B	-	-	$ 985 M	Britain
Ozon Holdings PLC OZON	113 B	-	-	-	Russia
Secoo Holding Limited SECO	3.01 B	-	5.17 %	$ 14.1 M	China
Blue Apron Holdings APRN	305 M	-	6.51 %	$ 238 M	USA
Etsy ETSY	775 M	$ 53.77	0.52 %	$ 6.18 B	USA
Chewy CHWY	7.99 B	$ 32.85	-3.86 %	$ 14.1 B	USA
Jumia Technologies AG JMIA	67.4 M	$ 12.21	-4.24 %	$ 582 M	Germany
Alibaba Group Holding Limited BABA	539 B	$ 155.22	-1.07 %	$ 3.35 T	China
Oriental Culture Holding LTD OCG	182 K	$ 0.24	-73.52 %	$ 3.17 M	China
Amazon.com AMZN	272 B	$ 225.81	-1.94 %	$ 2.36 T	USA
Overstock.com OSTK	1.1 B	-	5.47 %	$ 762 M	USA
eBay EBAY	2.88 B	$ 85.25	1.0 %	$ 42.3 B	USA
MercadoLibre MELI	11.2 B	$ 2 010.0	-0.49 %	$ 102 B	Argentina
1847 Goedeker GOED	74.3 M	-	-2.46 %	$ 130 M	USA
Poshmark POSH	51.9 M	-	0.02 %	$ 1.41 B	USA
CarParts.com PRTS	289 M	$ 0.41	-4.63 %	$ 23.4 M	USA
Qurate Retail QRTEA	6.52 B	-	-	$ 143 M	USA
Carvana Co. CVNA	10.8 B	$ 459.39	-2.82 %	$ 56.2 B	USA
JD.com JD	823 B	$ 29.38	-0.54 %	$ 87.8 B	China
MOGU MOGU	84.8 M	$ 2.69	-2.18 %	$ 7.07 B	-
LightInTheBox Holding Co., Ltd. LITB	239 M	$ 1.81	0.56 %	$ 400 M	China
Natural Health Trends Corp. NHTC	11.2 M	$ 3.22	2.51 %	$ 36.9 M	USA
Pinduoduo PDD	154 B	$ 111.94	-0.03 %	$ 620 M	China
Revolve Group RVLV	537 M	$ 28.28	-1.02 %	$ 2 B	USA
RumbleON RMBL	1.01 B	-	60.5 %	$ 56.9 M	USA
Vipshop Holdings Limited VIPS	94 B	$ 20.06	-0.2 %	$ 2.13 B	China
Wayfair W	8.28 B	$ 97.48	-2.05 %	$ 12 B	USA
ContextLogic WISH	405 M	-	-2.26 %	$ 3.48 B	USA