Growth Metrics

Heritage Global (HGBL) Gross Margin (2016 - 2026)

Heritage Global filings provide 15 years of Gross Margin readings, the most recent being 77.31% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 2580.0% to 77.31% in Q4 2025 year-over-year; TTM through Dec 2025 was 78.75%, a 1171.0% decrease, with the full-year FY2025 number at 76.47%, down 1073.0% from a year prior.
  • Gross Margin hit 77.31% in Q4 2025 for Heritage Global, down from 87.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 103.11% in Q4 2024 to a low of 9.33% in Q4 2022.
  • Median Gross Margin over the past 5 years was 83.94% (2021), compared with a mean of 78.25%.
  • Biggest five-year swings in Gross Margin: plummeted -7660bps in 2022 and later soared 5041bps in 2023.
  • Heritage Global's Gross Margin stood at 85.93% in 2021, then tumbled by -89bps to 9.33% in 2022, then surged by 540bps to 59.74% in 2023, then surged by 73bps to 103.11% in 2024, then dropped by -25bps to 77.31% in 2025.
  • The last three reported values for Gross Margin were 77.31% (Q4 2025), 87.23% (Q3 2025), and 79.58% (Q2 2025) per Business Quant data.