Revenue

$48M
−1.5%YoY
Q3 24: $10MQ4 24: $11MQ1 25: $13MQ2 25: $14MQ3 25: $11MQ4 25: $12MQ1 26: $13MQ2 26: $12M

Gross profit

$31M
+0.5%YoY64.8%margin
Q3 24: $7MQ4 24: $7MQ1 25: $8MQ2 25: $8MQ3 25: $7MQ4 25: $7MQ1 26: $8MQ2 26: $8M

Operating income

−$18M
−370.1%YoY-37.0%margin
Q3 24: $1MQ4 24: $1MQ1 25: $1MQ2 25: $2MQ3 25: $1MQ4 25: $775KQ1 26: $1MQ2 26: −$21M

Free cash flow

−$1M
-2.3%margin
Q3 24: $5MQ4 24: −$6MQ1 25: −$5MQ2 25: $2MQ3 25: −$233KQ4 25: $971KQ1 26: −$3MQ2 26: $1M
Trailing 12 months

About Heritage Global

Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions in the United States. It operates through three segments: Auction and Liquidation, Refurbishment and Resale, Brokerage, and Specialty Lending. The company offers a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. It is also involved in identifying, valuing, acquiring, and monetizing underlying tangible assets. In addition, the company acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was founded in 1937 and is headquartered in San Diego, California.

hginc.com ↗

Leadership

  • Ross DoveChief Executive Officer
  • Brian J. CobbChief Financial Officer
  • Samuel L. ShimerChairman of the Board of Directors
  • Bruce Kenneth HounsellPresident, Heritage DebtX LLC
  • Nicholas Kirk DovePresident, Industrial Assets
  • Thomas Van LudwigPresident, NLEX
Employees
84
Business address
SAN DIEGO, CA
Fiscal year ends
December 31
Listed
Nasdaq · HGBL

Price

Share price

Daily closing price. The header shows the latest close, the market cap at that close and the change over the selected range. Hover or tap the chart to read any day.
$1.29
−$0.31 (−19.38%)past year
Market cap
$45M
At close
Oct 6, 2026

Share price vs index

Heritage Global's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while Heritage Global is ahead, orange while it is behind. The values at the end are each one's change over the range.

Valuation

Market cap divided by trailing 12 months net income (P/E) and revenue (P/S), using the four quarters reported by each day. Turn a series off in the key and the chart rescales to the other.

Revenue mix

Revenue by product

Revenue reported for each product. The figure at the top of each column is the total of the products shown. Switch to % to see each product's share.

Product growth

Each product's revenue in the chosen period against the same period a year earlier (YoY), so seasonal swings cancel out, or against the quarter before (QoQ). A year is always compared with the year before. Hover or tap a line to bring it forward.

Income statement

Revenue, gross profit and net income

Revenue, gross profit and net income on one scale, so their sizes can be compared period by period.

Income statement

How revenue becomes net income in the chosen year or quarter. Solid bars are totals; hatched bars are the costs taken off between them.
TotalAddedSubtracted

Operating leverage

Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

Free cash flow is what is left of operating cash flow after capital expenditure. The gap between each pair of bars is that year's capex.

Cash flow statement

The reported movements behind the change in cash in the chosen year or quarter. Solid bars are totals; hatched bars are what was added or taken off between them.
TotalAddedSubtracted

Capital allocation

Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Stock-based compensation

Stock-based compensation reported in the cash flow statement each period. The line is that amount as a percentage of the same period's revenue.
Stock-based compensation% of revenue

Balance sheet

Assets, liabilities and equity

The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

War chest

Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.