Heritage Global (HGBL) Tax Provisions (2010 - 2026)
Heritage Global's (HGBL) quarterly Tax Provisions came in at -$5.1 million in Q2 2026, down 930.02% on a YoY basis from $613000.0 in Q2 2025, and down 1977.49% quarter-over-quarter from $271000.0 in Q1 2026.
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Heritage Global (HGBL) Tax Provisions (2010 - 2026) Analysis & Trends
Heritage Global (HGBL) has reported Tax Provisions for 17 consecutive years, with -$5.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 930.02% year-over-year to -$5.1 million; the trailing twelve-month figure through Jun 2026 stood at -$3.3 million (down 204.45% YoY), and the FY2025 full-year result was $4.0 million, up 5.25% from the prior year.
- Tax Provisions eased to -$5.1 million in Q2 2026 per HGBL's latest filing, from $271000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $2.2 million in Q4 2025 and bottomed at -$6.8 million in Q4 2022.
- Historically, Tax Provisions has averaged -$4611.1 across 5 years, with a median of $640000.0 in 2024.
- The widest YoY moves for Tax Provisions: up 2075.47% in 2022, down 2414.71% in 2022.
- Over 5 years, Tax Provisions stood at -$6.8 million in 2022, then jumped by 114.4% to $985000.0 in 2023, then jumped by 80.51% to $1.8 million in 2024, then grew by 25.53% to $2.2 million in 2025, then tumbled by 327.96% to -$5.1 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$5.1 million, $271000.0, and $2.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.65 Bn | 59.45 Bn | 1.98 Bn | 198.00 Mn |
| 2 | Fastenal | 56.24 Bn | 56.03 Bn | 1.06 Bn | 119.30 Mn |
| 3 | Ferguson Enterprises | 41.63 Bn | 40.81 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Reliance | 19.90 Bn | 19.67 Bn | 1.30 Bn | 106.20 Mn |
| 5 | Wesco International | 16.76 Bn | 15.94 Bn | 1.46 Bn | 62.40 Mn |
| 6 | Applied Industrial Technologies | 11.84 Bn | 11.72 Bn | 411.22 Mn | 39.19 Mn |
| 7 | Watsco | 11.10 Bn | 11.11 Bn | 578.93 Mn | 50.57 Mn |
| 8 | Avantor | 10.50 Bn | 10.19 Bn | 537.00 Mn | 43.10 Mn |
| 9 | Core & Main | 7.86 Bn | 7.62 Bn | 573.00 Mn | 43.00 Mn |
| 10 | Heritage Global | 46.42 Mn | 33.24 Mn | 9.46 Mn | -5.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.09 Mn |
| Mar 31, 2026 | 271,000.00 |
| Dec 31, 2025 | 2.23 Mn |
| Sep 30, 2025 | -750,000.00 |
| Jun 30, 2025 | 613,000.00 |
| Mar 31, 2025 | 395,000.00 |
| Dec 31, 2024 | 1.78 Mn |
| Sep 30, 2024 | 407,000.00 |
| Jun 30, 2024 | 939,000.00 |
| Mar 31, 2024 | 667,000.00 |
| Dec 31, 2023 | 985,000.00 |
| Sep 30, 2023 | 736,000.00 |
| Jun 30, 2023 | 221,000.00 |
| Mar 31, 2023 | 997,000.00 |
| Dec 31, 2022 | -6.84 Mn |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.01 Mn |
| Mar 31, 2022 | 192,000.00 |
| Dec 31, 2021 | -272,000.00 |
| Sep 30, 2021 | 53,000.00 |