Heritage Global Inc. reports on an asset-services business that values and monetizes industrial and financial assets through acquisition, disposition, valuation, brokerage and lending services for surplus and distressed assets. The company operates through Industrial Assets and Financial Assets business units, including Heritage Global Partners for auctions, liquidation and asset advisory work, Heritage Global Valuations for commercial and industrial appraisals, and National Loan Exchange for charged-off and nonperforming asset portfolios.
Recurring company updates include quarterly results, share repurchase activity, asset auctions, valuation and advisory appointments, facility investments, and completed acquisitions such as DebtX, which expands loan-portfolio advisory and secondary-market services within the Financial Assets division.
Heritage Global (NASDAQ: HGBL) will release its third-quarter 2026 financial results after the market closes on November 5, 2026. Management will host a webcast and conference call at 5:00 p.m. ET that day to discuss the results. A call replay will be available approximately three hours after the call ends through November 19, 2026, with a webcast replay also accessible through the company’s Investor Relations website.
Heritage Global Partners (NASDAQ: HGBL), a subsidiary of Heritage Global, will conduct two major online auctions of woodworking, cabinet manufacturing and stone fabrication assets formerly used in Wren Manufacturing’s Wilkes-Barre, Pennsylvania plants, by order of the U.S. Bankruptcy Court (Case No. 1:26-bk-10581).
Online bidding for both sales opens on September 14, 2026 at 8 a.m. EDT, with Sale #2 lots closing September 16 at 8 a.m. EDT and Sale #3 lots closing September 17 at 10 a.m. EDT. Assets include CNC routers, automated panel processing, edgebanders, glue and press lines, finishing systems, bridge saws, waterjets, forklifts, dust collection, and extensive inventories of quartz, stone, TFL panels and cabinet components. Onsite previews run September 14–15 from 10 a.m. to 3 p.m. EDT at 1055 and 1070 Hanover St., Wilkes-Barre.
Heritage Global (NASDAQ:HGBL) reported second quarter 2026 revenue of $12.3 million, down from $14.3 million a year earlier, and a net loss of $15.9 million versus net income of $1.6 million in Q2 2025.
The quarter included approximately $21.7 million of noncash charges tied to the strategic wind-down of Heritage Global Capital’s specialty lending business, including an $18.2 million impairment of equity method investments and a $3.5 million noncash credit loss provision. Adjusted EBITDA was $1.2 million, compared with $2.8 million in the prior-year quarter. Working capital declined to $9.4 million at June 30, 2026 from $18.1 million at December 31, 2025.
On July 31, 2026, Heritage Global acquired substantially all assets of Boston Note & Mortgage III, adding a seller-financed real estate note brokerage to its Financial Assets platform, which is expected to contribute to segment revenue in the second half of 2026.
Heritage Global (NASDAQ:HGBL) announced that its Financial Assets division has acquired Boston Note Company, a nationwide broker and buyer of privately held loans, notes and mortgages, also called seller or carry-back notes. Financial terms were not disclosed.
According to Heritage Global, the bolt-on acquisition adds seller-note sourcing capabilities and extends its Financial Assets platform into additional asset types and channels. Management plans to leverage existing institutional investor relationships at DebtX and NLEX to broaden Boston Note’s offerings, with emphasis on commercial real estate (CRE) backed seller notes, jumbo residential real estate notes and liquidity options for non-performing seller and carryback notes. Boston Note, founded in 1991 and holding an A+ Better Business Bureau rating, will operate as “Boston Note, a Heritage Global company” and continue serving individual and institutional sellers of real estate-secured financial assets nationwide.
Heritage Global (NASDAQ:HGBL) announced a strategic decision to substantially wind down Heritage Global Capital (HGC), its specialty lending business. In connection with this wind down, the company expects to record a material non-cash charge in the second quarter of 2026 related to the write-down of non-performing loans within HGC.
To allow more time to determine the amount of this charge, Heritage Global rescheduled its second quarter 2026 earnings conference call from August 6 to Thursday, August 13, 2026 at 5:00 p.m. ET, accessible via webcast and dial-in numbers for domestic and international investors, with replay options available through August 27, 2026.
Heritage Global Partners (NASDAQ: HGBL), a subsidiary of Heritage Global, will conduct an online auction of cannabis processing, production, packaging and facility support equipment formerly used by The Cannabist Company. Assets span extraction, distillation, confection manufacturing, filling, packaging, post-harvest processing, environmental controls and facility infrastructure.
The equipment is located in Vineland, New Jersey; Denver, Colorado; and Aurora, Illinois. Bidding opens August 13, 2026 at 7:00 a.m. EDT and begins closing August 14, 2026 at 12:00 p.m. EDT. Highlights include hydrocarbon extraction systems, automated candy/gummy lines, cartridge fillers, dry trimmers, HVAC units, decontamination systems, grow room controls and a fleet of 2015–2022 Dodge ProMaster cargo vans.
Heritage Global (NASDAQ:HGBL) will release its Q2 2026 financial results after market close on Thursday, August 6, 2026, followed by a webcast and conference call at 5:00 p.m. ET.
Investors can access live and replay audio via the company’s investor relations website and dial-in numbers.
Heritage Global (NASDAQ: HGBL) reported Q1 2026 results for the quarter ended March 31, 2026: revenue $12.7M, operating income $1.0M, net income $0.7M ($0.02 diluted), EBITDA $1.2M and Adjusted EBITDA $1.4M. Net working capital was $11.6M at March 31, 2026. The company repurchased 106,799 shares for $0.1M and completed the acquisition of DebtX, which underperformed in Q1 but is expected to stabilize in Q2. Management will host a webcast and conference call on May 7, 2026 at 5:00 p.m. ET.
Heritage Global (NASDAQ: HGBL) will release first quarter 2026 financial results after market close on Thursday, May 7, 2026. Management will host a webcast and conference call that day at 5:00 p.m. ET to discuss results.
Dial-in numbers, a conference ID (HGBLQ1), and a webcast link are provided for live participation. A replay will be available through May 21, 2026, with telephone replay access and a webcast replay on the company Investor Relations site.
Heritage Global Valuations (NASDAQ: HGBL) announced on April 2, 2026 the appointment of Elise DiBenedetto as Director of Business Development. Based in the Northeast, she will expand relationships with restructuring, lending, and professional services firms to support valuation and asset advisory services in complex liquidity and monetization situations.
The hire underscores HGV’s investment in senior business development talent and its focus on serving financial institutions, private equity, restructuring advisors, and corporate clients across Industrial and Financial Assets business units.