Horizon Kinetics Holding (HKHC) Cost of Revenue (2010 - 2026)
Horizon Kinetics Holding (HKHC) recorded quarterly Cost of Revenue of $5.0 million in Q1 2026, up 35.7% quarter-over-quarter from $3.7 million in Q4 2025, and up 20.04% on a YoY basis from $4.1 million in Q1 2025.
Horizon Kinetics Holding (HKHC) Cost of Revenue (2010 - 2026) Analysis & Trends
Horizon Kinetics Holding's Cost of Revenue history runs 17 years deep, the most recent figure standing at $5.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 20.04% year-over-year to $5.0 million; the TTM figure through Mar 2026 stood at $16.8 million (down 19.99% YoY), while the FY2025 annual figure was $15.7 million, down 17.76% from the prior year.
- Cost of Revenue was $5.0 million for Q1 2026 at Horizon Kinetics Holding, up from $3.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $11.2 million in Q4 2024 to a low of $406000.0 in Q1 2023.
- Historically, Cost of Revenue has averaged $2.9 million across 5 years, with a median of $2.5 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue sank 88.12% in 2022, then soared 483.48% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $602000.0 in 2022, then soared by 296.51% to $2.4 million in 2023, then surged by 369.71% to $11.2 million in 2024, then plunged by 67.4% to $3.7 million in 2025, then jumped 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 | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 15.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 317.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Horizon Kinetics Holding | - | - | 13.33 Mn | 4.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 4.13 Mn |
| Mar 31, 2025 | 4.13 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 |