Heritage Global (HGBL) Operating Income (2010 - 2026)

Heritage Global (HGBL) reported Operating Income of $1.0 million for Q1 2026, down 28.15% on a YoY basis from $1.4 million in Q1 2025, and up 124.37% quarter-over-quarter from -$4.1 million in Q4 2025.

Heritage Global (HGBL) Operating Income (2010 - 2026) Analysis & Trends

Heritage Global has reported Operating Income for 16 years, with the latest figure at $1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 28.15% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $405000.0 (down 94.88% YoY), and the FY2025 full-year result was $800000.0, down 91.18% from the prior year.
  • Operating Income for Q1 2026 stood at $1.0 million, up from -$4.1 million in the prior quarter.
  • The five-year high for Operating Income was $4.6 million in Q4 2023, with the low at -$4.1 million in Q4 2025.
  • Historically, Operating Income has averaged $2.1 million across 5 years, with a median of $2.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Income soared 4864.38% — and 2025, when it plunged 378.52%.
  • Heritage Global's Operating Income stood at $3.1 million in 2022, then surged by 44.74% to $4.6 million in 2023, then tumbled by 67.4% to $1.5 million in 2024, then slumped by 378.52% to -$4.1 million in 2025, then soared by 124.37% to $1.0 million in 2026.
  • The last three Operating Income figures came in at $1.0 million (Q1 2026), -$4.1 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 287.25 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 45.00 Mn
10 Heritage Global 45.32 Mn 33.76 Mn 11.67 Mn 1.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01 Mn
Dec 31, 2025 -4.14 Mn
Sep 30, 2025 1.30 Mn
Jun 30, 2025 2.23 Mn
Mar 31, 2025 1.40 Mn
Dec 31, 2024 1.49 Mn
Sep 30, 2024 1.48 Mn
Jun 30, 2024 3.54 Mn
Mar 31, 2024 2.56 Mn
Dec 31, 2023 4.56 Mn
Sep 30, 2023 2.77 Mn
Jun 30, 2023 3.10 Mn
Mar 31, 2023 3.89 Mn
Dec 31, 2022 3.15 Mn
Sep 30, 2022 3.47 Mn
Jun 30, 2022 3.62 Mn
Mar 31, 2022 875,000.00
Dec 31, 2021 1.36 Mn
Sep 30, 2021 533,000.00
Jun 30, 2021 73,000.00