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

Heritage Global (HGBL) has reported Operating Expenses for 16 consecutive years, with $12.2 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $12.2 million, up 0.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $45.5 million (up 11.84% YoY), and the FY2025 annual result was $45.4 million, up 16.44% from the prior year.
• Operating Expenses was $12.2 million for Q1 2026 at Heritage Global, up from $11.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $13.1 million in Q1 2023 and troughed at $8.6 million in Q1 2022.
• Average Operating Expenses over 5 years is $11.0 million, with a median of $11.0 million recorded in 2025.
• Year-over-year, Operating Expenses surged 127.53% in 2022 and slipped 29.3% in 2024.
• Over 5 years, Operating Expenses stood at $11.7 million in 2022, then declined by 5.03% to $11.1 million in 2023, then slipped by 15.88% to $9.3 million in 2024, then rose by 17.58% to $11.0 million in 2025, then advanced by 11.18% to $12.2 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $12.2 million in Q1 2026, $11.0 million in Q4 2025, and $10.1 million in Q3 2025.