Heritage Global Inc.
Heritage Global Inc. (Nasdaq: HGBL) provides services for financial and industrial asset transactions, including auctions, appraisals, asset advisory, refurbishment and resale, charged-off receivables brokerage, and specialty financing. Its Industrial Assets division includes Auction and Liquidation, which sells… From the company’s description.
Over the twelve months to Sep 30, 2026, Heritage Global Inc. reported revenue of $51.44M, up 3.1% from a year earlier, and a net loss of $13.83M. Its operating margin was −35.2%, and operations generated $3.90M in cash. In fiscal 2025, it reported revenue of $50.98M, up 12.4% from fiscal 2024, and net income of $3.59M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Heritage Global Inc. does
In the company’s own words
Heritage Global Inc. (Nasdaq: HGBL) provides services for financial and industrial asset transactions, including auctions, appraisals, asset advisory, refurbishment and resale, charged-off receivables brokerage, and specialty financing. Its Industrial Assets division includes Auction and Liquidation, which sells surplus and distressed industrial assets for enterprise and financial customers, and Refurbishment & Resale, which focuses on laboratory equipment for biotech and pharmaceutical sectors. Its Financial Assets division includes Brokerage, which arranges portfolio sales for lenders and other debt holders, and Specialty Lending, which finances investors purchasing charged-off and nonperforming asset portfolios. The company serves banks, mortgage companies, auto and alternative lenders, manufacturers, and other asset sellers; buyers include end users, dealers, and debt portfolio investors. Heritage Global Partners conducts auctions and asset advisory, Heritage ALT refurbishes and resells laboratory equipment, National Loan Exchange brokers receivables, and Heritage Global Capital provides financing. As of December 31, 2025, the company had 84 employees. Its website is www.hginc.com.
Company details
- Sector
- Industrials
- Industry (SIC)
- Business Services
- Headquarters
- SAN DIEGO, CA
- Fiscal year end
- December
- CIK
- 849145
- SIC
- 7389
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Heritage Global Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Heritage Global Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Heritage Global Inc. and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Heritage Global Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Heritage Global Inc.'s last four quarterly filings that the numbers alone won't show?”