Heritage Financial (HFWA) Research & Development (2010 - 2026)

Heritage Financial (HFWA) has reported Research & Development for 17 consecutive years, with $10.2 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 178.72% year-over-year to $10.2 million; the trailing twelve-month figure through Jun 2026 stood at $22.7 million (up 46.3% YoY), and the FY2025 full-year result was $15.0 million, up 0.66% from the prior year.
• Research & Development rose to $10.2 million in Q2 2026 per HFWA's latest filing, from $5.1 million in the prior quarter.
• Across five years, Research & Development topped out at $10.2 million in Q2 2026 and bottomed at $3.3 million in Q1 2024.
• Historically, Research & Development has averaged $4.4 million across 5 years, with a median of $4.0 million in 2022.
• The sharpest annual moves came in 2022 and 2026: Research & Development dropped 25.99% in 2022, then soared 178.72% in 2026.
• Over 5 years, Research & Development stood at $3.5 million in 2022, then soared by 34.97% to $4.7 million in 2023, then fell by 14.27% to $4.0 million in 2024, then decreased by 8.43% to $3.7 million in 2025, then surged by 177.59% to $10.2 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $10.2 million, $5.1 million, and $3.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.