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

Heritage Global's Operating Expenses history spans 15 years, with the latest figure at $11.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 17.58% year-over-year to $11.0 million; the TTM value through Dec 2025 reached $45.4 million, up 16.44%, while the annual FY2025 figure was $45.4 million, 16.44% up from the prior year.
  • Operating Expenses reached $11.0 million in Q4 2025 per HGBL's latest filing, up from $10.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $13.1 million in Q1 2023 to a low of $5.1 million in Q2 2021.
  • Average Operating Expenses over 5 years is $9.9 million, with a median of $10.3 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 127.53% in 2022, then decreased 29.3% in 2024.
  • A 5-year view of Operating Expenses shows it 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 17.58% to $11.0 million in 2025.
  • Per Business Quant, the three most recent readings for HGBL's Operating Expenses are $11.0 million (Q4 2025), $10.1 million (Q3 2025), and $12.2 million (Q2 2025).