Horizon Kinetics Holding (HKHC) Gross Margin (2010 - 2026)
Horizon Kinetics Holding's quarterly Gross Margin came in at 72.89% in Q1 2026, down 539.0% year-on-year from 16.6% in Q1 2025, and down 7.21% quarter-over-quarter from 78.55% in Q4 2025.
Horizon Kinetics Holding has reported Gross Margin for 17 years, with the latest figure at 72.89% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 539.0% year-over-year to 72.89%; the trailing twelve-month figure through Mar 2026 stood at 76.94% (up 2456.0% YoY), and the FY2025 full-year result was 78.44%, up 1266.0% from the prior year.
- Gross Margin for Q1 2026 stood at 72.89%, down from 78.55% in the prior quarter.
- The five-year high for Gross Margin was 78.91% in Q3 2025, with the low at 2.95% in Q1 2024.
- Average Gross Margin over 5 years is 46.45%, with a median of 47.07% recorded in 2022.
- Year-over-year, Gross Margin tumbled 5346 bps in 2023 and surged 7533 bps in 2025.
- Tracing HKHC's Gross Margin over 5 years: stood at 47.07% in 2022, then slumped by 92 bps to 3.67% in 2023, then surged by 949 bps to 38.54% in 2024, then surged by 104 bps to 78.55% in 2025, then retreated 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 | 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 | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 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 | 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 | 77.49% |
| 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% |
| Mar 31, 2021 | 45.27% |
| Dec 31, 2020 | 26.75% |
| Sep 30, 2020 | 44.80% |
| Jun 30, 2020 | 47.15% |
| Mar 31, 2020 | 44.10% |
| Dec 31, 2019 | 41.04% |
| Sep 30, 2019 | 41.00% |
| Jun 30, 2019 | 30.40% |
| Mar 31, 2019 | 38.28% |
| Dec 31, 2018 | 32.11% |
| Sep 30, 2018 | 50.36% |
| Jun 30, 2018 | 49.76% |
| Mar 31, 2018 | 40.67% |
| Dec 31, 2017 | 46.47% |
| Sep 30, 2017 | 47.59% |
| Jun 30, 2017 | 43.22% |
| Mar 31, 2017 | 84.53% |
| Dec 31, 2016 | -44.72% |
| Sep 30, 2016 | 41.32% |
| Jun 30, 2016 | 81.22% |
| Mar 31, 2016 | 50.90% |
| Dec 31, 2015 | 190.56% |
| Sep 30, 2015 | 43.24% |
| Jun 30, 2015 | 44.64% |
| Mar 31, 2015 | 80.52% |
| Dec 31, 2014 | 80.68% |
| Sep 30, 2014 | 80.71% |
| Jun 30, 2014 | 42.62% |
| Mar 31, 2014 | 79.35% |
| Dec 31, 2013 | 75.75% |
| Sep 30, 2013 | 78.18% |
| Jun 30, 2013 | 46.35% |
| Mar 31, 2013 | 76.81% |
| Dec 31, 2012 | 76.25% |
| Sep 30, 2012 | 40.86% |
| Jun 30, 2012 | 43.57% |
| Mar 31, 2012 | 45.79% |
| Dec 31, 2011 | 65.60% |
| Sep 30, 2011 | 44.12% |
| Jun 30, 2011 | 49.06% |
| Mar 31, 2011 | 73.29% |
| Dec 31, 2010 | -21.50% |
| Sep 30, 2010 | 44.28% |
| Jun 30, 2010 | 68.25% |