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Heritage Global (HGBL) Operating Expenses (2016 - 2025)

Heritage Global (HGBL) has disclosed Operating Expenses for 15 consecutive years, with $10.1 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 12.37% year-over-year to $10.1 million, compared with a TTM value of $43.7 million through Sep 2025, up 7.36%, and an annual FY2024 reading of $39.0 million, down 17.56% over the prior year.
  • Operating Expenses was $10.1 million for Q3 2025 at Heritage Global, down from $12.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $13.1 million in Q1 2023 and bottomed at $5.1 million in Q2 2021.
  • Average Operating Expenses over 5 years is $9.8 million, with a median of $10.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses skyrocketed 127.53% in 2022, then decreased 29.3% in 2024.
  • Year by year, Operating Expenses stood at $6.2 million in 2021, then surged by 89.78% to $11.7 million in 2022, then dropped by 5.03% to $11.1 million in 2023, then decreased by 15.88% to $9.3 million in 2024, then increased by 8.56% to $10.1 million in 2025.
  • Business Quant data shows Operating Expenses for HGBL at $10.1 million in Q3 2025, $12.2 million in Q2 2025, and $12.1 million in Q1 2025.