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Horizon Kinetics Holding (HKHC) Operating Expenses (2016 - 2025)

Horizon Kinetics Holding has reported Operating Expenses over the past 16 years, most recently at $14.3 million for Q4 2025.

  • Quarterly results put Operating Expenses at $14.3 million for Q4 2025, down 56.3% from a year ago — trailing twelve months through Dec 2025 was $65.0 million (down 8.43% YoY), and the annual figure for FY2025 was $61.8 million, down 12.85%.
  • Operating Expenses for Q4 2025 was $14.3 million at Horizon Kinetics Holding, down from $14.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for HKHC hit a ceiling of $32.7 million in Q4 2024 and a floor of $1.2 million in Q1 2023.
  • Median Operating Expenses over the past 5 years was $9.0 million (2021), compared with a mean of $9.7 million.
  • Biggest five-year swings in Operating Expenses: plummeted 77.0% in 2023 and later surged 932.32% in 2024.
  • Horizon Kinetics Holding's Operating Expenses stood at $6.5 million in 2021, then crashed by 63.3% to $2.4 million in 2022, then surged by 405.95% to $12.2 million in 2023, then skyrocketed by 168.65% to $32.7 million in 2024, then crashed by 56.3% to $14.3 million in 2025.
  • The last three reported values for Operating Expenses were $14.3 million (Q4 2025), $14.9 million (Q3 2025), and $17.3 million (Q2 2025) per Business Quant data.