Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2026)
Horizon Kinetics Holding (HKHC) recorded quarterly Gross Margin of 72.89% in Q1 2026, down 7.21% quarter-over-quarter from 78.55% in Q4 2025, and down 539.0% on a YoY basis from 16.6% in Q1 2025.
Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2026) Analysis & Trends
Horizon Kinetics Holding's Gross Margin history runs 17 years deep, the most recent figure standing at 72.89% for Q1 2026.
- In Q1 2026, Gross Margin fell 539.0% year-over-year to 72.89%; the TTM figure through Mar 2026 stood at 76.94% (up 2456.0% YoY), while the FY2025 annual figure was 78.44%, up 1266.0% from the prior year.
- Gross Margin was 72.89% for Q1 2026 at Horizon Kinetics Holding, down from 78.55% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 78.91% in Q3 2025 to a low of 2.95% in Q1 2024.
- Historically, Gross Margin has averaged 46.45% across 5 years, with a median of 47.07% in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Margin tumbled 5346 bps in 2023, then soared 7533 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 47.07% in 2022, then tumbled by 92 bps to 3.67% in 2023, then jumped by 949 bps to 38.54% in 2024, then jumped by 104 bps to 78.55% in 2025, then fell by 7 bps to 72.89% in 2026.
- The last three Gross Margin figures came in at 72.89% (Q1 2026), 78.55% (Q4 2025), and 78.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 99.70% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 93.51% |
| 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 | 72.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.89% |
| Dec 31, 2025 | 78.55% |
| Sep 30, 2025 | 78.91% |
| Jun 30, 2025 | 77.53% |
| Mar 31, 2025 | 78.28% |
| Dec 31, 2024 | 38.54% |
| Sep 30, 2024 | 77.24% |
| Jun 30, 2024 | 2.99% |
| Mar 31, 2024 | 2.95% |
| Dec 31, 2023 | 3.67% |
| Sep 30, 2023 | 3.02% |
| Jun 30, 2023 | 45.11% |
| Mar 31, 2023 | 42.84% |
| Dec 31, 2022 | 47.07% |
| Sep 30, 2022 | 56.48% |
| Jun 30, 2022 | 34.20% |
| Mar 31, 2022 | 49.42% |
| Dec 31, 2021 | 49.89% |
| Sep 30, 2021 | 36.01% |
| Jun 30, 2021 | 39.99% |