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
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 4.13 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