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

Heritage Global has reported Accumulated Expenses for 14 years, with the latest figure at $3.2 million in Q4 2025.

• For the quarter ending Q4 2025, Accumulated Expenses fell 3.52% year-over-year to $3.2 million; the trailing twelve-month figure through Dec 2025 stood at $3.2 million (down 3.52% YoY), and the FY2025 full-year result was $3.2 million, down 3.52% from the prior year.
• Accumulated Expenses for Q4 2025 stood at $3.2 million, down from $3.4 million in the prior quarter.
• The five-year high for Accumulated Expenses was $4.7 million in Q4 2022, with the low at $1.9 million in Q4 2021.
• Historically, Accumulated Expenses has averaged $3.5 million across 5 years, with a median of $3.4 million in 2024.
• Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 144.75% — and 2024, when it dropped 24.17%.
• Heritage Global's Accumulated Expenses 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.