Kestrel (KG) Operating Expenses (2024 - 2026)
Kestrel (KG) recorded quarterly Operating Expenses of $11.7 million in Q1 2026, down 2.6% quarter-over-quarter from $12.1 million in Q4 2025, and up 927.38% on a YoY basis from $1.1 million in Q1 2025.
Kestrel (KG) Operating Expenses (2024 - 2026) Analysis & Trends
Kestrel's Operating Expenses history runs 3 years deep, the most recent figure standing at $11.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 927.38% year-over-year to $11.7 million; the TTM figure through Mar 2026 stood at $39.7 million (up 756.63% YoY), while the FY2025 annual figure was $29.1 million, up 468.95% from the prior year.
- Operating Expenses was $11.7 million for Q1 2026 at Kestrel, down from $12.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.1 million in Q4 2025 to a low of $1.1 million in Q4 2024.
- Historically, Operating Expenses has averaged $5.5 million across 3 years, with a median of $3.1 million in 2024.
- Biggest YoY gain for Operating Expenses was 968.79% in 2025; the steepest drop was 331.24% in 2025.
- A 3-year view of Operating Expenses shows it stood at $1.1 million in 2024, then soared by 968.79% to $12.1 million in 2025, then decreased 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 | Reinsurance Group Of America | 13.65 Bn | 4.66 Bn | -26.00 Mn | 6.05 Bn |
| 2 | Everest | 13.51 Bn | -33.73 Bn | 2.75 Bn | 3.33 Bn |
| 3 | Renaissancere Holdings | 12.72 Bn | 14.32 Bn | 1.21 Bn | 1.65 Bn |
| 4 | Hamilton Insurance | 3.17 Bn | 2.36 Bn | - | 539.55 Mn |
| 5 | SiriusPoint | 2.73 Bn | 1.85 Bn | 567.70 Mn | 653.10 Mn |
| 6 | Greenlight Capital Re | 540.25 Mn | 465.17 Mn | 62.99 Mn | 153.80 Mn |
| 7 | Kestrel | 91.87 Mn | 65.07 Mn | 7.94 Mn | 11.74 Mn |
| 8 | Oxbridge Re Holdings | 7.74 Mn | 6.93 Mn | - | 583,000.00 |
| 9 | Reinsurance Group Of America | - | - | -26.00 Mn | 6.05 Bn |
| 10 | Oxbridge Re Holdings | - | - | - | 583,000.00 |
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 |