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

Heritage Global has reported Operating Margin for 16 years, with the latest figure at 7.92% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 250.0% year-over-year to 7.92%; the trailing twelve-month figure through Mar 2026 stood at 6.9% (down 1005.0% YoY), and the FY2025 full-year result was 12.12%, down 787.0% from the prior year.
• Operating Margin for Q1 2026 stood at 7.92%, down from 12.72% in the prior quarter.
• The five-year high for Operating Margin was 32.75% in Q2 2022, with the low at 7.92% in Q1 2026.
• Historically, Operating Margin has averaged 19.04% across 5 years, with a median of 17.81% in 2023.
• Annual changes were most pronounced in 2022 — Operating Margin soared 3134 bps — and 2024, when it sank 1601 bps.
• Heritage Global's Operating Margin stood at 22.75% in 2022, then jumped by 31 bps to 29.8% in 2023, then tumbled by 54 bps to 13.79% in 2024, then declined by 8 bps to 12.72% in 2025, then slumped by 38 bps to 7.92% in 2026.
• The last three Operating Margin figures came in at 7.92% (Q1 2026), 12.72% (Q4 2025), and 11.45% (Q3 2025), per Business Quant data.