Heritage Financial Corporation (HFWA)

Gross profit margin

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Gross profit (ttm) US$ in thousands 232,877 221,312 220,859 210,555 203,985 214,396 220,501 239,538 258,519 260,546 257,618 250,402 244,905 242,866 261,147 269,776 273,865 266,268 219,717 202,120
Revenue (ttm) US$ in thousands 331,369 325,190 327,001 317,185 306,050 304,134 299,658 303,128 304,618 293,443 274,839 257,048 243,870 236,577 242,136 247,446 253,981 253,484 251,419 251,549
Gross profit margin 70.28% 68.06% 67.54% 66.38% 66.65% 70.49% 73.58% 79.02% 84.87% 88.79% 93.73% 97.41% 100.42% 102.66% 107.85% 109.02% 107.83% 105.04% 87.39% 80.35%

September 30, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $232,877K ÷ $331,369K
= 70.28%