Horizon Kinetics Holding (HKHC) Research & Development (2023 - 2026)
Horizon Kinetics Holding (HKHC) posted quarterly Research & Development of $5.0 million for Q1 2026, up 20.04% year-over-year from $4.1 million in Q1 2025, and up 35.7% quarter-over-quarter from $3.7 million in Q4 2025.
Horizon Kinetics Holding (HKHC) Research & Development (2023 - 2026) Analysis & Trends
Horizon Kinetics Holding's Research & Development history runs 4 years deep, the most recent figure standing at $5.0 million for Q1 2026.
- In Q1 2026, Research & Development 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.
- Research & Development for Q1 2026 stood at $5.0 million, up from $3.7 million in the prior quarter.
- The five-year high for Research & Development was $11.2 million in Q4 2024, with the low at $2.2 million in Q1 2024.
- The 4-year median for Research & Development is $3.7 million (2025), against an average of $4.1 million.
- The sharpest annual moves came in 2024 and 2025: Research & Development soared 369.71% in 2024, then sank 67.4% in 2025.
- Horizon Kinetics Holding's Research & Development stood at $2.4 million in 2023, then jumped by 369.71% to $11.2 million in 2024, then tumbled by 67.4% to $3.7 million in 2025, then soared by 35.7% to $5.0 million in 2026.
- Business Quant data shows HKHC's Research & Development at $5.0 million in Q1 2026, $3.7 million in Q4 2025, and $3.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | - |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 589.00 Mn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | - |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Horizon Kinetics Holding | 494.76 Mn | 355.09 Mn | - | 3.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.82 Mn |
| Mar 31, 2026 | 4.96 Mn |
| Dec 31, 2025 | 3.66 Mn |
| Sep 30, 2025 | 3.77 Mn |
| Jun 30, 2025 | 4.44 Mn |
| Mar 31, 2025 | 4.13 Mn |
| Dec 31, 2024 | 11.21 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 2.72 Mn |
| Mar 31, 2024 | 2.19 Mn |
| Dec 31, 2023 | 2.39 Mn |
| Sep 30, 2023 | 2.48 Mn |