Heritage Global Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $51.0M | $45.4M | $60.5M | $46.9M | $25.8M |
| Operating income | $5.7M | $9.1M | $14.3M | $11.1M | $3.0M |
| Cost of revenue | $37.0M | — | — | — | — |
| Cash from operations | $6.1M | $7.7M | $13.0M | $6.5M | -$2.6M |
| Capital expenditure | $8.5M | $137,000 | $257,000 | $215,000 | $1.4M |
| Free cash flow | -$2.3M | $7.6M | $12.8M | $6.3M | -$4.1M |
| Share repurchases | $2.6M | $2.2M | $400,000 | $395,000 | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $88.4M | $81.3M | $83.2M | $67.6M | $50.5M |
| Total liabilities | $21.5M | $16.1M | $22.1M | $19.3M | $17.8M |
Shares outstanding 34.7M · Free float 73.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.