Heritage Financial (HFWA) Gross Margin (2022 - 2026)

Heritage Financial (HFWA) has reported Gross Margin for 5 consecutive years, with 75.74% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Gross Margin rose 362.0% year-over-year to 75.74%; the trailing twelve-month figure through Jun 2026 stood at 76.5% (up 130.0% YoY), and the FY2025 full-year result was 74.51%, down 529.0% from the prior year.
• Gross Margin eased to 75.74% in Q2 2026 per HFWA's latest filing, from 77.12% in the prior quarter.
• Across five years, Gross Margin topped out at 89.75% in Q3 2024 and bottomed at 23.21% in Q4 2023.
• Historically, Gross Margin has averaged 66.52% across 5 years, with a median of 72.12% in 2025.
• The sharpest annual moves came in 2024 and 2025: Gross Margin soared 4247 bps in 2024, then sank 1275 bps in 2025.
• Over 5 years, Gross Margin stood at 33.04% in 2022, then retreated by 30 bps to 23.21% in 2023, then jumped by 183 bps to 65.68% in 2024, then rose by 16 bps to 76.26% in 2025, then slipped by 1 bps to 75.74% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 75.74%, 77.12%, and 76.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.