Kestrel (KG) Operating Expenses (2024 - 2026)
Kestrel (KG) recorded Operating Expenses of $14.89 million in Q2 2026, compared with -$64.36 million a year earlier and down 13.1% from the prior quarter.
Kestrel (KG) Operating Expenses (2024 - 2026) Analysis & Trends
On a TTM basis, Kestrel's Operating Expenses came in at $80.22 million as of Jun 30, 2026; for FY2025, it was -$15.53 million.
- Across earlier years, Operating Expenses came in at $5.11 million in FY2024.
- Quarterly Operating Expenses has ranged from -$64.36 million in Q2 2025 to $26.69 million in Q4 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at $17.14 million (Q1 2026), $26.69 million (Q4 2025) and $21.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | 12.19 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 19.40 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 5.51 Bn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | 9.39 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | -902.21 Mn |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | 18.12 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 3.59 Bn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | 14.45 Bn |
| 10 | Kestrel | 40.14 Mn | -70.50 Mn | 5.17 Mn | 14.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.89 Mn |
| Mar 31, 2026 | 17.14 Mn |
| Dec 31, 2025 | 26.69 Mn |
| Sep 30, 2025 | 21.50 Mn |
| Jun 30, 2025 | -64.36 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 |
Kestrel Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=KG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=KG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();