Heritage Global (HGBL) Accumulated Expenses (2012 - 2025)

Heritage Global (HGBL) posted Accumulated Expenses of $3.2 million for Q4 2025, down 3.52% quarter-over-quarter from $3.4 million in Q4 2024, and down 3.52% year-on-year from $3.4 million in Q4 2024.

Heritage Global (HGBL) Accumulated Expenses (2012 - 2025) Analysis & Trends

Heritage Global (HGBL) has reported Accumulated Expenses for 14 consecutive years, with $3.2 million the latest figure, recorded in Q4 2025.

  • Accumulated Expenses for Q4 2025 came in at $3.2 million, down 3.52% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.2 million (down 3.52% YoY), and the FY2025 annual result was $3.2 million, down 3.52% from the prior year.
  • Accumulated Expenses was $3.2 million for Q4 2025 at Heritage Global, down from $3.4 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $4.7 million in Q4 2022 and troughed at $1.9 million in Q4 2021.
  • Average Accumulated Expenses over 5 years is $3.5 million, with a median of $3.4 million recorded in 2024.
  • Year-over-year, Accumulated Expenses soared 144.75% in 2022 and fell 24.17% in 2024.
  • Over 5 years, Accumulated Expenses stood at $1.9 million in 2021, then jumped by 144.75% to $4.7 million in 2022, then dropped by 5.09% to $4.4 million in 2023, then retreated by 24.17% to $3.4 million in 2024, then declined by 3.52% to $3.2 million in 2025.
  • Per Business Quant data, the three most recent Accumulated Expenses figures were $3.2 million in Q4 2025, $3.4 million in Q4 2024, and $4.4 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 Heritage Global 448,630.02 -11.12 Mn 11.67 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.24 Mn
Dec 31, 2024 3.35 Mn
Dec 31, 2023 4.42 Mn
Dec 31, 2022 4.66 Mn
Dec 31, 2021 1.90 Mn
Dec 31, 2020 2.50 Mn
Dec 31, 2019 2.48 Mn
Dec 31, 2018 2.11 Mn
Dec 31, 2017 957,000.00
Dec 31, 2016 637,000.00
Dec 31, 2015 645,000.00
Dec 31, 2014 957,000.00
Mar 31, 2014 485,000.00
Dec 31, 2013 579,000.00
Sep 30, 2013 336,000.00
Jun 30, 2013 334,000.00
Dec 31, 2012 373,000.00