Heritage Global Inc. (HGBL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 11.67M | -806K | 4.42M | 4.07M | 3.38M | -505K | 4.5M | 3.67M | 3.79M | 1.32M | 6.46M | 4.7M | 5.39M | 5.58M | 4.64M | 904K | 3.17M | 3.12M | 2.63M | 2.18M |
| Gross Margin % | 91.73% | -6.8% | 38.95% | 28.45% | 25.11% | -4.69% | 43.2% | 30.56% | 31.17% | 8.62% | 41.54% | 35.88% | 32.42% | 40.38% | 36.64% | 8.17% | 33.84% | 41.4% | 43.98% | 42.19% |
| Gross Profit Growth % | 245.35% | -59.6% | -1.6% | 10.75% | -10.84% | -138.34% | -30.39% | -21.81% | -29.61% | -76.42% | 39.25% | 419.8% | 70.12% | 79.29% | 76.05% | -58.61% | 2.96% | 878.75% | -20.97% | -23.31% |
| Operating Expenses | 11.17M | -1.67M | 3.12M | 1.84M | 1.98M | -1.99M | 3.02M | 130K | 1.23M | -3.24M | 3.69M | 1.6M | 1.49M | 2.44M | 1.17M | -2.72M | 2.29M | 1.75M | 2.1M | 2.11M |
| OpEx % of Revenue | 87.76% | -14.09% | 27.5% | 12.84% | 14.69% | -18.48% | 28.99% | 1.08% | 10.14% | -21.19% | 23.73% | 12.2% | 8.98% | 17.63% | 9.2% | -24.58% | 24.48% | 23.3% | 35.09% | 40.78% |
| Selling, General & Admin | 7.62M | -1.8M | 3.13M | 1.8M | 1.9M | -2.04M | 3.01M | 1.88M | 1.88M | -2.89M | 3.01M | 1.8M | 1.65M | 3.32M | 2.74M | 1.32M | 2.24M | 2.19M | 1.91M | 2.01M |
| SG&A % of Revenue | 59.87% | -15.2% | 27.51% | 12.58% | 14.14% | -18.93% | 28.91% | 15.64% | 15.45% | -18.93% | 19.33% | 13.73% | 9.91% | 24% | 21.62% | 11.92% | 23.94% | 29.15% | 31.93% | 38.91% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 505K | 864K | 1.3M | 2.23M | 1.4M | 1.49M | 1.48M | 3.54M | 2.56M | 4.55M | 2.77M | 3.1M | 3.89M | 3.15M | 3.47M | 3.62M | 875K | 1.36M | 533K | 73K |
| Operating Margin % | 3.97% | 7.29% | 11.45% | 15.6% | 10.42% | 13.79% | 14.21% | 29.48% | 21.03% | 29.8% | 17.81% | 23.68% | 23.44% | 22.75% | 27.44% | 32.75% | 9.35% | 18.1% | 8.9% | 1.41% |
| Operating Income Growth % | -64.01% | -41.82% | -12.04% | -37.02% | -45.15% | -67.4% | -46.59% | 14.29% | -34.31% | 44.74% | -20.29% | -14.43% | 345.03% | 131.06% | 551.78% | 4864.38% | -16.35% | -59.09% | -66.94% | -92.87% |
| EBITDA | 858K | 1.16M | 1.59M | 2.69M | 1.52M | 2.29M | 1.63M | 4.02M | 2.7M | 4.7M | 2.9M | 3.22M | 4.01M | 3.28M | 3.61M | 3.76M | 1.01M | 1.53M | 638K | 171K |
| EBITDA Margin % | 6.74% | 9.76% | 14.04% | 18.81% | 11.3% | 21.3% | 15.67% | 33.4% | 22.19% | 30.72% | 18.65% | 24.6% | 24.16% | 23.74% | 28.5% | 33.95% | 10.77% | 20.31% | 10.65% | 3.3% |
| EBITDA Growth % | -43.59% | -49.54% | -2.21% | -33.02% | -43.65% | -51.17% | -43.78% | 24.64% | -32.76% | 43.04% | -19.6% | -14.24% | 298.21% | 114.86% | 465.52% | 2097.08% | -11.35% | -55.31% | -62.56% | -84.65% |
| D&A (Non-Cash Add-back) | 353K | 293K | 294K | 458K | 118K | 808K | 152K | 472K | 141K | 141K | 132K | 121K | 120K | 136K | 134K | 133K | 133K | 166K | 105K | 98K |
| EBIT | 505K | 864K | 1.21M | 2.15M | 1.36M | 4.11M | 1.38M | 1.81M | 1.77M | 4.55M | 2.78M | 3.1M | 3.89M | 3.15M | 3.47M | 3.62M | 875K | 1.28M | 533K | 72K |
| Net Interest Income | 20K | 0 | 34K | 18K | 56K | 0 | 17K | -108K | -92K | -99K | -56K | -101K | -68K | -17K | -21K | -37K | -38K | -28K | -6K | 9K |
| Interest Income | 0 | 0 | 34K | 18K | 56K | 0 | 17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9K |
| Interest Expense | -20K | 0 | 0 | 0 | 0 | 0 | 0 | 108K | 92K | 99K | 56K | 101K | 68K | 17K | 21K | 37K | 38K | 28K | 6K | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 988K | 801K | 1.33M | 2.25M | 1.46M | 1.57M | 1.5M | 3.44M | 2.47M | 4.46M | 2.71M | 3M | 3.83M | 3.13M | 3.45M | 3.59M | 837K | 1.33M | 527K | 82K |
| Pretax Margin % | 7.76% | 6.76% | 11.75% | 15.73% | 10.84% | 14.63% | 14.37% | 28.58% | 20.28% | 29.15% | 17.45% | 22.9% | 23.03% | 22.63% | 27.27% | 32.42% | 8.95% | 17.73% | 8.8% | 1.58% |
| Income Tax | 271K | 500K | 750K | 613K | 395K | 1.78M | 407K | 939K | 667K | -434K | 736K | 221K | 997K | -6.84M | 1.15M | 1.01M | 192K | 374K | 53K | -505K |
| Effective Tax Rate % | 27.43% | 62.42% | 56.18% | 27.24% | 27.07% | 112.89% | 27.21% | 27.33% | 27.05% | -9.74% | 27.13% | 7.37% | 26.06% | -218.53% | 33.39% | 28.13% | 22.94% | 28.04% | 10.06% | -615.85% |
| Net Income | 717K | 301K | 585K | 1.64M | 1.06M | -203K | 1.09M | 2.5M | 1.8M | 4.89M | 1.98M | 2.78M | 2.83M | 9.97M | 2.3M | 2.58M | 645K | 960K | 474K | 587K |
| Net Margin % | 5.63% | 2.54% | 5.15% | 11.44% | 7.91% | -1.89% | 10.46% | 20.77% | 14.79% | 31.99% | 12.71% | 21.22% | 17.03% | 72.08% | 18.17% | 23.3% | 6.89% | 12.76% | 7.91% | 11.34% |
| Net Income Growth % | -32.61% | 248.28% | -46.28% | -34.44% | -40.86% | -104.15% | -44.92% | -10.15% | -36.41% | -50.95% | -14.04% | 7.8% | 338.6% | 938.54% | 385.23% | 339.18% | -37.5% | -84.8% | -62.5% | -71.21% |
| Net Income (Continuing) | 717K | 301K | 585K | 1.64M | 1.06M | -203K | 1.09M | 2.5M | 1.8M | 4.89M | 1.98M | 2.78M | 2.83M | 9.97M | 2.3M | 2.58M | 645K | 960K | 474K | 587K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.02 | 0.01 | 0.02 | 0.05 | 0.03 | -0.01 | 0.03 | 0.07 | 0.05 | 0.13 | 0.05 | 0.07 | 0.08 | 0.27 | 0.06 | 0.07 | 0.02 | 0.03 | 0.01 | 0.02 |
| EPS Growth % | -30.51% | - | -43.34% | -32.6% | -38.67% | -104.23% | -44.19% | -3.14% | -36.54% | -51.85% | -12.5% | 0.43% | 330.68% | 942.47% | 500% | 248.5% | -41.33% | -87.05% | -75% | -71.43% |
| EPS (Basic) | 0.02 | 0.01 | 0.02 | 0.05 | 0.03 | -0.01 | 0.03 | 0.07 | 0.05 | 0.13 | 0.05 | 0.08 | 0.08 | 0.28 | 0.06 | 0.07 | 0.02 | 0.03 | 0.01 | 0.02 |
| Diluted Shares Outstanding | 34.99M | 35.43M | 35.21M | 35.51M | 36.06M | 36.82M | 37.19M | 36.82M | 37.37M | 37.49M | 37.65M | 37.65M | 37.33M | 37.1M | 37.22M | 37M | 36.75M | 37.09M | 37.09M | 36.97M |
| Basic Shares Outstanding | 34.6M | 34.83M | 34.55M | 34.87M | 35.28M | 36.43M | 36.58M | 36.74M | 36.59M | 37.55M | 36.74M | 36.7M | 36.01M | 36.02M | 36.09M | 36.1M | 36M | 35.8M | 35.8M | 35.25M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |