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

Heritage Global (HGBL) has 14 years of Accumulated Expenses data on file, last reported at $3.2 million in Q4 2025.

• Quarterly Accumulated Expenses fell 3.52% year-over-year to $3.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.2 million (down 3.52% YoY) and the FY2025 annual result came in at $3.2 million, down 3.52% from the prior year.
• Accumulated Expenses retreated to $3.2 million in Q4 2025, from $3.4 million in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $4.7 million in Q4 2022 to a low of $1.9 million in Q4 2021.
• A 5-year average of $3.5 million and a median of $3.4 million in 2024 frame the typical range for Accumulated Expenses.
• Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 144.75% — and 2024, when it dropped 24.17%.
• Tracing HGBL's Accumulated Expenses over 5 years: stood at $1.9 million in 2021, then jumped by 144.75% to $4.7 million in 2022, then retreated by 5.09% to $4.4 million in 2023, then dropped by 24.17% to $3.4 million in 2024, then decreased by 3.52% to $3.2 million in 2025.
• The last three Accumulated Expenses figures came in at $3.2 million (Q4 2025), $3.4 million (Q4 2024), and $4.4 million (Q4 2023), per Business Quant data.