Heritage Global (HGBL) Operating Expenses (2010 - 2026)

Heritage Global has reported Operating Expenses for 16 years, with the latest figure at $12.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 0.99% year-over-year to $12.2 million; the trailing twelve-month figure through Mar 2026 stood at $45.5 million (up 11.84% YoY), and the FY2025 full-year result was $45.4 million, up 16.44% from the prior year.
• Operating Expenses for Q1 2026 stood at $12.2 million, up from $11.0 million in the prior quarter.
• The five-year high for Operating Expenses was $13.1 million in Q1 2023, with the low at $8.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $11.0 million across 5 years, with a median of $11.0 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 127.53% — and 2024, when it retreated 29.3%.
• Heritage Global's Operating Expenses stood at $11.7 million in 2022, then decreased by 5.03% to $11.1 million in 2023, then fell by 15.88% to $9.3 million in 2024, then climbed by 17.58% to $11.0 million in 2025, then increased by 11.18% to $12.2 million in 2026.
• The last three Operating Expenses figures came in at $12.2 million (Q1 2026), $11.0 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.