Growth Metrics

Horizon Kinetics Holding (HKHC) Cost of Revenue (2010 - 2026)

Horizon Kinetics Holding's quarterly Cost of Revenue came in at $5.0 million in Q1 2026, up 20.04% year-on-year from $4.1 million in Q1 2025, and up 35.7% quarter-over-quarter from $3.7 million in Q4 2025.

Horizon Kinetics Holding has reported Cost of Revenue for 17 years, with the latest figure at $5.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 20.04% year-over-year to $5.0 million; the trailing twelve-month figure through Mar 2026 stood at $16.8 million (down 19.99% YoY), and the FY2025 full-year result was $15.7 million, down 17.76% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $5.0 million, up from $3.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $11.2 million in Q4 2024, with the low at $406000.0 in Q1 2023.
  • Average Cost of Revenue over 5 years is $2.9 million, with a median of $2.5 million recorded in 2023.
  • Year-over-year, Cost of Revenue sank 88.12% in 2022 and surged 483.48% in 2024.
  • Tracing HKHC's Cost of Revenue over 5 years: stood at $602000.0 in 2022, then jumped by 296.51% to $2.4 million in 2023, then soared by 369.71% to $11.2 million in 2024, then tumbled by 67.4% to $3.7 million in 2025, then surged by 35.7% to $5.0 million in 2026.
  • The last three Cost of Revenue figures came in at $5.0 million (Q1 2026), $3.7 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 15.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 317.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Horizon Kinetics Holding - - 13.33 Mn 4.96 Mn

Historic Data

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DateValue
Mar 31, 2026 4.96 Mn
Mar 31, 2026 4.96 Mn
Dec 31, 2025 3.66 Mn
Dec 31, 2025 3.66 Mn
Sep 30, 2025 3.77 Mn
Sep 30, 2025 3.77 Mn
Jun 30, 2025 4.44 Mn
Jun 30, 2025 4.44 Mn
Mar 31, 2025 4.46 Mn
Mar 31, 2025 4.46 Mn
Dec 31, 2024 11.21 Mn
Dec 31, 2024 11.21 Mn
Sep 30, 2024 2.97 Mn
Sep 30, 2024 2.97 Mn
Jun 30, 2024 2.72 Mn
Jun 30, 2024 2.72 Mn
Mar 31, 2024 2.19 Mn
Mar 31, 2024 2.19 Mn
Dec 31, 2023 2.39 Mn
Dec 31, 2023 2.39 Mn
Sep 30, 2023 2.48 Mn
Sep 30, 2023 2.48 Mn
Jun 30, 2023 466,000.00
Jun 30, 2023 466,000.00
Mar 31, 2023 487,000.00
Mar 31, 2023 487,000.00
Dec 31, 2022 1.67 Mn
Dec 31, 2022 1.67 Mn
Sep 30, 2022 319,000.00
Sep 30, 2022 319,000.00
Jun 30, 2022 867,000.00
Jun 30, 2022 867,000.00
Mar 31, 2022 1.89 Mn
Mar 31, 2022 1.89 Mn
Dec 31, 2021 2.18 Mn
Dec 31, 2021 2.18 Mn
Sep 30, 2021 5.10 Mn
Sep 30, 2021 5.10 Mn
Jun 30, 2021 4.66 Mn
Jun 30, 2021 4.66 Mn
Mar 31, 2021 2.42 Mn
Mar 31, 2021 2.42 Mn
Dec 31, 2020 11.06 Mn
Dec 31, 2020 11.06 Mn
Sep 30, 2020 2.17 Mn
Sep 30, 2020 2.17 Mn
Jun 30, 2020 1.61 Mn
Jun 30, 2020 1.61 Mn
Mar 31, 2020 4.39 Mn
Mar 31, 2020 4.39 Mn
Dec 31, 2019 1.52 Mn
Dec 31, 2019 1.52 Mn
Sep 30, 2019 1.37 Mn
Sep 30, 2019 1.37 Mn
Jun 30, 2019 1.35 Mn
Jun 30, 2019 1.35 Mn
Mar 31, 2019 1.66 Mn
Mar 31, 2019 1.66 Mn
Dec 31, 2018 6.20 Mn
Dec 31, 2018 6.20 Mn
Sep 30, 2018 2.06 Mn
Sep 30, 2018 2.06 Mn
Jun 30, 2018 1.84 Mn
Jun 30, 2018 1.84 Mn
Mar 31, 2018 1.63 Mn
Mar 31, 2018 1.63 Mn
Dec 31, 2017 -10.11 Mn
Dec 31, 2017 -10.11 Mn
Sep 30, 2017 1.58 Mn
Sep 30, 2017 1.58 Mn
Jun 30, 2017 5.61 Mn
Jun 30, 2017 5.61 Mn
Mar 31, 2017 1.62 Mn
Mar 31, 2017 1.62 Mn
Dec 31, 2016 15.85 Mn
Dec 31, 2016 15.85 Mn
Sep 30, 2016 5.83 Mn
Sep 30, 2016 5.83 Mn
Jun 30, 2016 1.22 Mn
Jun 30, 2016 1.22 Mn
Mar 31, 2016 3.86 Mn
Mar 31, 2016 3.86 Mn
Dec 31, 2015 -6.73 Mn
Dec 31, 2015 -6.73 Mn
Sep 30, 2015 4.28 Mn
Sep 30, 2015 4.28 Mn
Jun 30, 2015 4.02 Mn
Jun 30, 2015 4.02 Mn
Mar 31, 2015 1.35 Mn
Mar 31, 2015 1.35 Mn
Dec 31, 2014 1.34 Mn
Dec 31, 2014 1.34 Mn
Sep 30, 2014 1.20 Mn
Sep 30, 2014 1.20 Mn
Jun 30, 2014 3.29 Mn
Jun 30, 2014 3.29 Mn
Mar 31, 2014 1.13 Mn
Mar 31, 2014 1.13 Mn
Dec 31, 2013 1.22 Mn
Dec 31, 2013 1.22 Mn
Sep 30, 2013 1.09 Mn
Sep 30, 2013 1.09 Mn
Jun 30, 2013 2.42 Mn
Jun 30, 2013 2.42 Mn
Mar 31, 2013 1.10 Mn
Mar 31, 2013 1.10 Mn
Dec 31, 2012 1.05 Mn
Dec 31, 2012 1.05 Mn
Sep 30, 2012 2.29 Mn
Sep 30, 2012 2.29 Mn
Jun 30, 2012 2.10 Mn
Jun 30, 2012 2.10 Mn
Mar 31, 2012 2.19 Mn
Mar 31, 2012 2.19 Mn
Dec 31, 2011 1.27 Mn
Dec 31, 2011 1.27 Mn
Sep 30, 2011 2.28 Mn
Sep 30, 2011 2.28 Mn
Jun 30, 2011 2.04 Mn
Jun 30, 2011 2.04 Mn
Mar 31, 2011 1.03 Mn
Mar 31, 2011 1.03 Mn
Dec 31, 2010 4.68 Mn
Dec 31, 2010 4.68 Mn
Sep 30, 2010 1.95 Mn
Sep 30, 2010 1.95 Mn
Jun 30, 2010 1.10 Mn
Jun 30, 2010 1.10 Mn