Growth Metrics

Heritage Global (HGBL) Gross Margin (2016 - 2025)

Heritage Global (HGBL) has disclosed Gross Margin for 15 consecutive years, with 87.23% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin rose 123.0% year-over-year to 87.23%, compared with a TTM value of 88.45% through Sep 2025, down 260.0%, and an annual FY2024 reading of 87.2%, up 43.0% over the prior year.
  • Gross Margin was 87.23% for Q3 2025 at Heritage Global, down from 93.89% in the prior quarter.
  • Across five years, Gross Margin topped out at 110.97% in Q4 2023 and bottomed at 49.11% in Q2 2022.
  • Average Gross Margin over 5 years is 85.04%, with a median of 85.99% recorded in 2024.
  • The sharpest move saw Gross Margin skyrocketed 4330bps in 2021, then tumbled -3234bps in 2022.
  • Year by year, Gross Margin stood at 83.2% in 2021, then grew by 12bps to 93.21% in 2022, then rose by 19bps to 110.97% in 2023, then decreased by -7bps to 103.11% in 2024, then fell by -15bps to 87.23% in 2025.
  • Business Quant data shows Gross Margin for HGBL at 87.23% in Q3 2025, 93.89% in Q2 2025, and 71.97% in Q1 2025.