Heritage Global (HGBL) Gross Margin (2010 - 2026)

Heritage Global (HGBL) has reported Gross Margin for 16 consecutive years, with 91.73% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 91.73%, up 1977.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.32% (down 11757.0% YoY), and the FY2025 annual result was 81.71%, down 16337.0% from the prior year.
• Gross Margin was 91.73% for Q1 2026 at Heritage Global, down from 108.27% in the prior quarter.
• Over five years, Gross Margin peaked at 110.97% in Q4 2023 and troughed at 49.11% in Q2 2022.
• Average Gross Margin over 5 years is 85.38%, with a median of 85.99% recorded in 2024.
• Year-over-year, Gross Margin plunged 3234 bps in 2022 and surged 3709 bps in 2023.
• Over 5 years, Gross Margin stood at 93.21% in 2022, then gained by 19 bps to 110.97% in 2023, then decreased by 28 bps to 79.74% in 2024, then surged by 36 bps to 108.27% in 2025, then decreased by 15 bps to 91.73% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 91.73% in Q1 2026, 108.27% in Q4 2025, and 87.23% in Q3 2025.