Horizon Kinetics Holding (HKHC) Operating Expenses (2010 - 2026)
Horizon Kinetics Holding's quarterly Operating Expenses came in at $22.6 million in Q1 2026, up 30.75% year-on-year from $17.3 million in Q1 2025, and up 58.5% quarter-over-quarter from $14.3 million in Q4 2025.
Horizon Kinetics Holding has reported Operating Expenses for 17 years, with the latest figure at $22.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 30.75% year-over-year to $22.6 million; the trailing twelve-month figure through Mar 2026 stood at $69.1 million (down 9.15% YoY), and the FY2025 full-year result was $61.8 million, down 12.85% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.6 million, up from $14.3 million in the prior quarter.
- The five-year high for Operating Expenses was $32.7 million in Q4 2024, with the low at $1.2 million in Q1 2023.
- Average Operating Expenses over 5 years is $11.5 million, with a median of $12.2 million recorded in 2023.
- Year-over-year, Operating Expenses sank 77.0% in 2023 and surged 932.32% in 2024.
- Tracing HKHC's Operating Expenses over 5 years: stood at $2.4 million in 2022, then surged by 405.95% to $12.2 million in 2023, then jumped by 168.65% to $32.7 million in 2024, then sank by 56.3% to $14.3 million in 2025, then soared by 58.5% to $22.6 million in 2026.
- The last three Operating Expenses figures came in at $22.6 million (Q1 2026), $14.3 million (Q4 2025), and $14.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Horizon Kinetics Holding | - | - | 13.33 Mn | 22.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.63 Mn |
| Dec 31, 2025 | 14.27 Mn |
| Sep 30, 2025 | 14.94 Mn |
| Jun 30, 2025 | 17.26 Mn |
| Mar 31, 2025 | 18.50 Mn |
| Dec 31, 2024 | 32.66 Mn |
| Sep 30, 2024 | 13.98 Mn |
| Jun 30, 2024 | 12.11 Mn |
| Mar 31, 2024 | 12.20 Mn |
| Dec 31, 2023 | 12.16 Mn |
| Sep 30, 2023 | 11.47 Mn |
| Jun 30, 2023 | 1.27 Mn |
| Mar 31, 2023 | 1.18 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 5.51 Mn |
| Mar 31, 2022 | 2.64 Mn |
| Dec 31, 2021 | 6.55 Mn |
| Sep 30, 2021 | 3.80 Mn |
| Jun 30, 2021 | 4.55 Mn |
| Mar 31, 2021 | 4.12 Mn |
| Dec 31, 2020 | 3.90 Mn |
| Sep 30, 2020 | 3.71 Mn |
| Jun 30, 2020 | 3.26 Mn |
| Mar 31, 2020 | 3.21 Mn |
| Dec 31, 2019 | 3.68 Mn |
| Sep 30, 2019 | 2.70 Mn |
| Jun 30, 2019 | 2.71 Mn |
| Mar 31, 2019 | 3.07 Mn |
| Dec 31, 2018 | 2.95 Mn |
| Sep 30, 2018 | 3.47 Mn |
| Jun 30, 2018 | 3.62 Mn |
| Mar 31, 2018 | 3.26 Mn |
| Dec 31, 2017 | 3.17 Mn |
| Sep 30, 2017 | 2.76 Mn |
| Jun 30, 2017 | 8.45 Mn |
| Mar 31, 2017 | 8.60 Mn |
| Dec 31, 2016 | 9.52 Mn |
| Sep 30, 2016 | 8.86 Mn |
| Jun 30, 2016 | 7.09 Mn |
| Mar 31, 2016 | 6.55 Mn |
| Dec 31, 2015 | 7.30 Mn |
| Sep 30, 2015 | 6.88 Mn |
| Jun 30, 2015 | 6.48 Mn |
| Mar 31, 2015 | 6.25 Mn |
| Dec 31, 2014 | 6.31 Mn |
| Sep 30, 2014 | 5.52 Mn |
| Jun 30, 2014 | 5.41 Mn |
| Mar 31, 2014 | 4.98 Mn |
| Dec 31, 2013 | 4.98 Mn |
| Sep 30, 2013 | 4.41 Mn |
| Jun 30, 2013 | 4.37 Mn |
| Mar 31, 2013 | 4.75 Mn |
| Dec 31, 2012 | 4.92 Mn |
| Sep 30, 2012 | 4.34 Mn |
| Jun 30, 2012 | 4.04 Mn |
| Mar 31, 2012 | 4.06 Mn |
| Dec 31, 2011 | 4.46 Mn |
| Sep 30, 2011 | 4.06 Mn |
| Jun 30, 2011 | 3.93 Mn |
| Mar 31, 2011 | 3.71 Mn |
| Dec 31, 2010 | 3.88 Mn |
| Sep 30, 2010 | 3.65 Mn |
| Jun 30, 2010 | 3.70 Mn |