Heritage Global (HGBL) Operating Income (2010 - 2026)
Heritage Global's (HGBL) quarterly Operating Income came in at $1.0 million in Q1 2026, down 28.15% YoY from $1.4 million in Q1 2025, and up 124.37% on a QoQ basis from -$4.1 million in Q4 2025.
Heritage Global (HGBL) Operating Income (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has 16 years of Operating Income data on file, last reported at $1.0 million in Q1 2026.
- Quarterly Operating Income fell 28.15% year-over-year to $1.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $405000.0 (down 94.88% YoY) and the FY2025 annual result came in at $800000.0, down 91.18% from the prior year.
- Operating Income grew to $1.0 million in Q1 2026, from -$4.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $4.6 million in Q4 2023 to a low of -$4.1 million in Q4 2025.
- A 5-year average of $2.1 million and a median of $2.6 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income soared 4864.38% — and 2025, when it plunged 378.52%.
- Tracing HGBL's Operating Income over 5 years: 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 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 470.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 245.26 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 34.36 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 532.81 Mn |
| 10 | Heritage Global | 39.30 Mn | 26.12 Mn | 9.46 Mn | -20.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -20.91 Mn |
| 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 |