Kingsway (KFS) Accumulated Expenses (2020 - 2025)

Kingsway (KFS) recorded quarterly Accumulated Expenses of $28.7 million in Q4 2025, down 2.29% quarter-over-quarter from $29.3 million in Q3 2025, and up 39.04% on a YoY basis from $20.6 million in Q4 2024.

Kingsway (KFS) Accumulated Expenses (2020 - 2025) Analysis & Trends

Kingsway's Accumulated Expenses history runs 6 years deep, the most recent figure standing at $28.7 million for Q4 2025.

  • In Q4 2025, Accumulated Expenses rose 39.04% year-over-year to $28.7 million; the TTM figure through Dec 2025 stood at $28.7 million (up 39.04% YoY), while the FY2025 annual figure was $28.7 million, up 39.04% from the prior year.
  • Accumulated Expenses was $28.7 million for Q4 2025 at Kingsway, down from $29.3 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $55.8 million in Q4 2022 to a low of $19.9 million in Q1 2025.
  • Historically, Accumulated Expenses has averaged $33.0 million across 5 years, with a median of $26.7 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Accumulated Expenses tumbled 59.96% in 2023, then jumped 39.04% in 2025.
  • A 5-year view of Accumulated Expenses shows it stood at $45.0 million in 2021, then climbed by 24.07% to $55.8 million in 2022, then sank by 59.96% to $22.3 million in 2023, then dropped by 7.73% to $20.6 million in 2024, then surged by 39.04% to $28.7 million in 2025.
  • The last three Accumulated Expenses figures came in at $28.7 million (Q4 2025), $29.3 million (Q3 2025), and $20.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 BlackRock 157.17 Bn 147.54 Bn -
2 Blackstone 94.33 Bn 93.28 Bn -
3 Kkr 85.26 Bn 132.77 Bn -
4 Apollo Global Management 78.76 Bn 97.50 Bn 5.04 Bn
5 State Street 45.35 Bn 19.67 Bn -
6 Ameriprise Financial 41.89 Bn 41.76 Bn 4.57 Bn
7 Northern Trust 31.64 Bn 31.64 Bn -
8 Raymond James Financial 29.68 Bn 18.43 Bn -
9 Ares Management 29.26 Bn 32.63 Bn -
10 Kingsway - - 21.51 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 28.66 Mn
Sep 30, 2025 29.34 Mn
Jun 30, 2025 20.70 Mn
Mar 31, 2025 19.89 Mn
Dec 31, 2024 20.62 Mn
Sep 30, 2024 21.73 Mn
Jun 30, 2024 20.87 Mn
Mar 31, 2024 23.92 Mn
Dec 31, 2023 22.34 Mn
Sep 30, 2023 24.83 Mn
Jun 30, 2023 26.67 Mn
Mar 31, 2023 26.50 Mn
Dec 31, 2022 55.80 Mn
Sep 30, 2022 53.98 Mn
Jun 30, 2022 51.98 Mn
Mar 31, 2022 52.10 Mn
Dec 31, 2021 44.97 Mn
Sep 30, 2021 41.67 Mn
Jun 30, 2021 40.67 Mn
Dec 31, 2020 43.95 Mn