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

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

Heritage Global's (HGBL) quarterly Operating Income came in at -$20.9 million in Q2 2026, down 1036.87% on a YoY basis from $2.2 million in Q2 2025, and down 2174.5% quarter-over-quarter from $1.0 million in Q1 2026.

Analysis

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

Heritage Global (HGBL) has reported Operating Income for 16 consecutive years, with -$20.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income fell 1036.87% year-over-year to -$20.9 million; the trailing twelve-month figure through Jun 2026 stood at -$17.8 million (down 370.15% YoY), and the FY2025 full-year result was $5.7 million, down 37.01% from the prior year.
  • Operating Income fell to -$20.9 million in Q2 2026 per HGBL's latest filing, from $1.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $4.6 million in Q4 2023 and bottomed at -$20.9 million in Q2 2026.
  • Historically, Operating Income has averaged $1.1 million across 5 years, with a median of $2.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Income jumped 4864.38% in 2022, then plunged 1036.87% in 2026.
  • Over 5 years, Operating Income stood at $3.1 million in 2022, then jumped by 44.74% to $4.6 million in 2023, then sank by 67.4% to $1.5 million in 2024, then plunged by 47.81% to $775000.0 in 2025, then tumbled by 2798.19% to -$20.9 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$20.9 million, $1.0 million, and $775000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 W.W. Grainger 59.65 Bn 59.45 Bn 1.98 Bn 807.00 Mn
2 Fastenal 56.24 Bn 56.03 Bn 1.06 Bn 501.80 Mn
3 Ferguson Enterprises 41.63 Bn 40.81 Bn 2.32 Bn 612.00 Mn
4 Reliance 19.90 Bn 19.67 Bn 1.30 Bn 441.60 Mn
5 Wesco International 16.76 Bn 15.94 Bn 1.46 Bn 382.20 Mn
6 Applied Industrial Technologies 11.84 Bn 11.72 Bn 411.22 Mn 159.31 Mn
7 Watsco 11.10 Bn 11.11 Bn 578.93 Mn 238.37 Mn
8 Avantor 10.50 Bn 10.19 Bn 537.00 Mn 121.80 Mn
9 Core & Main 7.86 Bn 7.62 Bn 573.00 Mn 227.00 Mn
10 Heritage Global 46.42 Mn 33.24 Mn 9.46 Mn -20.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -20.91 Mn
Mar 31, 2026 1.01 Mn
Dec 31, 2025 775,000.00
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