Heritage Global stock trades on earnings context and market data

Heritage Global, Inc. (US42727W1062) has the latest available financial snapshot built around first-quarter 2026 revenue of $31.5 million, a net loss of $2.8 million, and adjusted EBITDA of $3.3 million. The companys stock context also includes a market capitalization reference of $0.0 million in the available market data, which frames the scale of the name for retail investors.

Q1 revenue at $31.5 million

Heritage Global reported first-quarter 2026 revenue of $31.5 million, compared with $29.6 million in the prior-year quarter, a year-over-year increase of about 6.4%. The same period showed net income attributable to common shareholders of negative $2.8 million versus positive $0.6 million a year earlier, while adjusted EBITDA came in at $3.3 million.

The comparison matters because it shows that higher revenue did not translate into higher bottom-line profit in the quarter. That gap is the clearest numerical takeaway from the latest reported period.

Margin and loss profile

Heritage Globals adjusted EBITDA margin for the quarter was about 10.5% on $31.5 million of revenue, based on the reported $3.3 million adjusted EBITDA figure. Net loss and adjusted profitability moved in different directions, which usually puts more weight on funding mix, auction activity, and operating leverage in the next reporting period.

For investors, the numbers point to a business that still produces operating earnings before non-cash and special items, but not yet consistent GAAP profitability in the quarter. The 2026 quarter was also notably different from the prior year on the bottom line, with the shift from a $0.6 million profit to a $2.8 million loss.

Market value lens

The available market-data reference gives Heritage Global a market capitalization of $0.0 million, which is the cleanest stock-level valuation marker in the source set. That figure should be read together with the operating numbers, because a small-cap market profile makes quarterly swings in revenue, margin, and cash generation more visible.

The stock therefore looks more like a numbers story than a headline catalyst story. Revenue, loss, and adjusted EBITDA are the key dated inputs that matter most here.

Asset auction flow

Heritage Globals business is tied to asset disposition, auctions, and related monetization work, so quarterly revenue is often a useful proxy for transaction flow. The first-quarter 2026 revenue figure of $31.5 million suggests active throughput, while the $3.3 million adjusted EBITDA line shows that the model can still generate operating profit before special items.

The relevant comparison is the 6.4% increase from $29.6 million in the year-earlier quarter. That is a modest but concrete step up, even though net income moved into the red in the same period.

Closing price lens

The available market reference in this call does not provide a dated share price, so the cleanest stock closing context remains the market-cap figure and the first-quarter 2026 report metrics. Those dated numbers keep the focus on the companys operating base rather than on an unverified quote.

Heritage Global stock therefore stands on three hard points: $31.5 million revenue in Q1 2026, $3.3 million adjusted EBITDA in Q1 2026, and a $2.8 million net loss in the same quarter.