Heritage Global Q2 FY26 net loss widens to $15.89 million; revenue falls 14% to $12.27 million - HGBL News | RalliesHeritage Global Q2 FY26 net loss widens to $15.89 million; revenue falls 14% to $12.27 million
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HGBL• Q2 FY26 results and Specialty Lending impact
- Heritage Global swung to a net loss of $15.89 million from profit in the prior-year quarter as revenue fell 14% to $12.27 million.
- Operating loss widened to $20.91 million as selling, general and administrative costs climbed 77% to $10.84 million.
- Equity-method results flipped to an $18.17 million loss, reflecting an $18.2 million non-cash impairment tied to Specialty Lending.
- The board authorized a plan on July 30, 2026 to wind down the Specialty Lending segment starting in the third quarter.
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