Heritage Global HGBL
NASDAQ HGBL
$1.34 -0.01 (-0.74%)
At close: Sep 18, 2026 · 4:00 PM EDT

Heritage Global (HGBL) Cost of Revenue (2010 - 2026)

Heritage Global's (HGBL) quarterly Cost of Revenue came in at $2.8 million in Q2 2026, down 5.69% on a YoY basis from $3.0 million in Q2 2025, and down 16.95% quarter-over-quarter from $3.4 million in Q1 2026.

Analysis

Heritage Global (HGBL) Cost of Revenue (2010 - 2026) Analysis & Trends

Heritage Global (HGBL) has reported Cost of Revenue for 16 consecutive years, with $2.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue fell 5.69% year-over-year to $2.8 million; the trailing twelve-month figure through Jun 2026 stood at $11.5 million (up 7.65% YoY), and the FY2025 full-year result was $12.0 million, up 44.13% from the prior year.
  • Cost of Revenue fell to $2.8 million in Q2 2026 per HGBL's latest filing, from $3.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $5.6 million in Q2 2022 and bottomed at $1.7 million in Q3 2024.
  • Historically, Cost of Revenue has averaged $3.1 million across 5 years, with a median of $3.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 486.56% in 2022, then slumped 65.64% in 2023.
  • Over 5 years, Cost of Revenue stood at $4.2 million in 2022, then slipped by 27.73% to $3.0 million in 2023, then declined by 28.28% to $2.2 million in 2024, then gained by 23.34% to $2.7 million in 2025, then rose by 4.2% to $2.8 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $2.8 million, $3.4 million, and $2.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 W.W. Grainger 59.65 Bn 59.45 Bn 1.98 Bn 3.04 Bn
2 Fastenal 56.24 Bn 56.03 Bn 1.06 Bn 1.32 Bn
3 Ferguson Enterprises 41.63 Bn 40.81 Bn 2.32 Bn 5.15 Bn
4 Reliance 19.90 Bn 19.67 Bn 1.30 Bn 3.33 Bn
5 Wesco International 16.76 Bn 15.94 Bn 1.46 Bn 5.21 Bn
6 Applied Industrial Technologies 11.84 Bn 11.72 Bn 411.22 Mn 941.47 Mn
7 Watsco 11.10 Bn 11.11 Bn 578.93 Mn 1.53 Bn
8 Avantor 10.50 Bn 10.19 Bn 537.00 Mn 1.16 Bn
9 Core & Main 7.86 Bn 7.62 Bn 573.00 Mn 1.57 Bn
10 Heritage Global 46.42 Mn 33.24 Mn 9.46 Mn 2.80 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.80 Mn
Mar 31, 2026 3.38 Mn
Dec 31, 2025 2.69 Mn
Sep 30, 2025 2.61 Mn
Jun 30, 2025 2.97 Mn
Mar 31, 2025 3.77 Mn
Dec 31, 2024 2.18 Mn
Sep 30, 2024 1.74 Mn
Jun 30, 2024 2.27 Mn
Mar 31, 2024 2.41 Mn
Dec 31, 2023 3.04 Mn
Sep 30, 2023 3.41 Mn
Jun 30, 2023 1.94 Mn
Mar 31, 2023 4.34 Mn
Dec 31, 2022 4.21 Mn
Sep 30, 2022 3.02 Mn
Jun 30, 2022 5.63 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 1.26 Mn
Sep 30, 2021 1.10 Mn