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

Heritage Financial has reported Gross Margin for 5 years, with the latest figure at 88.62% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 796.0% year-over-year to 88.62%; the trailing twelve-month figure through Mar 2026 stood at 88.68% (down 138.0% YoY), and the FY2025 full-year result was 89.58%, down 167.0% from the prior year.
• Gross Margin for Q1 2026 stood at 88.62%, down from 90.3% in the prior quarter.
• The five-year high for Gross Margin was 94.0% in Q3 2024, with the low at 68.02% in Q4 2022.
• Historically, Gross Margin has averaged 85.19% across 5 years, with a median of 85.62% in 2022.
• Annual changes were most pronounced in 2023 — Gross Margin surged 1670 bps — and 2025, when it slumped 786 bps.
• Heritage Financial's Gross Margin stood at 68.02% in 2022, then increased by 25 bps to 84.73% in 2023, then gained by 9 bps to 92.47% in 2024, then decreased by 2 bps to 90.3% in 2025, then decreased by 2 bps to 88.62% in 2026.
• The last three Gross Margin figures came in at 88.62% (Q1 2026), 90.3% (Q4 2025), and 90.68% (Q3 2025), per Business Quant data.