Heritage Global Q4 2025 Earnings: Revenue Up, Operating Income Down

Heritage Global Inc. reported Q4 2025 revenue of $11.9 million, up from $10.8 million in 2024. Consolidated operating income was $800,000, down from $1.5 million, while adjusted EBITDA decreased to $1.1 million from $2.1 million. Net income was $300,000, or $0.01 per diluted share, compared to a loss of $200,000. The company completed the Dedx acquisition and integrated its assets, expecting accretion to operating and net income in 2026.