Horizon Kinetics Holding (HKHC) Accumulated Expenses (2009 - 2026)
Horizon Kinetics Holding (HKHC) recorded Accumulated Expenses of $349,000 in Q3 2026, down 16.3% from $417,000 a year earlier and down 5.7% from the prior quarter.
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Analysis
Horizon Kinetics Holding (HKHC) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Horizon Kinetics Holding reported Accumulated Expenses of $578,000, down 91.1% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $6.52 million in FY2024 (+538.2%), $1.02 million in FY2023 (+228.6%), $311,000 in FY2022 (-58.4%) and $747,000 in FY2021 (+152.4%).
- The Q3 2026 figure is the lowest quarterly Accumulated Expenses since Q2 2024.
- On a year-over-year basis, Accumulated Expenses has declined for five consecutive quarters, with growth averaging 63.7% over the last six quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 538.2% in Q4 2024, against a decline of 97.7% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $370,000 (Q2 2026), $642,000 (Q1 2026) and $578,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn |
| 10 | Horizon Kinetics Holding | 361.53 Mn | 1.54 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 349,000.00 |
| Jun 30, 2026 | 370,000.00 |
| Mar 31, 2026 | 642,000.00 |
| Dec 31, 2025 | 578,000.00 |
| Sep 30, 2025 | 417,000.00 |
| Jun 30, 2025 | 607,000.00 |
| Mar 31, 2025 | 690,000.00 |
| Dec 31, 2024 | 6.52 Mn |
| Sep 30, 2024 | 427,000.00 |
| Jun 30, 2024 | 7,000.00 |
| Mar 31, 2024 | 5,000.00 |
| Dec 31, 2023 | 1.02 Mn |
| Sep 30, 2023 | 132,000.00 |
| Jun 30, 2023 | 107,000.00 |
| Mar 31, 2023 | 215,000.00 |
| Dec 31, 2022 | 311,000.00 |
| Sep 30, 2022 | 397,000.00 |
| Jun 30, 2022 | 626,000.00 |
| Mar 31, 2022 | 693,000.00 |
| Dec 31, 2021 | 747,000.00 |
API Access
Horizon Kinetics Holding Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=HKHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "HKHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=HKHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();