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

Heritage Financial has reported Research & Development for 17 years, with the latest figure at $5.1 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 30.69% year-over-year to $5.1 million; the trailing twelve-month figure through Mar 2026 stood at $16.2 million (up 4.71% YoY), and the FY2025 full-year result was $15.0 million, up 0.66% from the prior year.
• Research & Development for Q1 2026 stood at $5.1 million, up from $3.7 million in the prior quarter.
• The five-year high for Research & Development was $5.1 million in Q1 2026, with the low at $3.3 million in Q1 2024.
• Historically, Research & Development has averaged $4.0 million across 5 years, with a median of $4.0 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development slipped 25.99% — and 2023, when it surged 34.97%.
• Heritage Financial's Research & Development stood at $3.5 million in 2022, then jumped by 34.97% to $4.7 million in 2023, then dropped by 14.27% to $4.0 million in 2024, then fell by 8.43% to $3.7 million in 2025, then surged by 38.36% to $5.1 million in 2026.
• The last three Research & Development figures came in at $5.1 million (Q1 2026), $3.7 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.