Kestrel (KG) Operating Expenses (2024 - 2026)
Kestrel's quarterly Operating Expenses came in at $11.7 million in Q1 2026, up 927.38% year-on-year from $1.1 million in Q1 2025, and down 2.6% quarter-over-quarter from $12.1 million in Q4 2025.
Kestrel has reported Operating Expenses for 3 years, with the latest figure at $11.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 927.38% year-over-year to $11.7 million; the trailing twelve-month figure through Mar 2026 stood at $39.7 million (up 756.63% YoY), and the FY2025 full-year result was $29.1 million, up 468.95% from the prior year.
- Operating Expenses for Q1 2026 stood at $11.7 million, down from $12.1 million in the prior quarter.
- The five-year high for Operating Expenses was $12.1 million in Q4 2025, with the low at $1.1 million in Q4 2024.
- Average Operating Expenses over 3 years is $5.5 million, with a median of $3.1 million recorded in 2024.
- Peak annual rise in Operating Expenses reached 968.79% in 2025, while the deepest fall reached 331.24% in 2025.
- Tracing KG's Operating Expenses over 3 years: stood at $1.1 million in 2024, then jumped by 968.79% to $12.1 million in 2025, then slipped by 2.6% to $11.7 million in 2026.
- The last three Operating Expenses figures came in at $11.7 million (Q1 2026), $12.1 million (Q4 2025), and $10.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 3.32 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 3.72 Bn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 1.96 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 17.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 271.30 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 22.68 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 633.50 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 78.08 Mn |
| 10 | Kestrel | 85.59 Mn | 58.79 Mn | 7.94 Mn | 11.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.74 Mn |
| Dec 31, 2025 | 12.06 Mn |
| Sep 30, 2025 | 10.78 Mn |
| Jun 30, 2025 | 5.08 Mn |
| Mar 31, 2025 | 1.14 Mn |
| Dec 31, 2024 | 1.13 Mn |
| Sep 30, 2024 | 1.18 Mn |
| Jun 30, 2024 | 1.18 Mn |