Kestrel KG
NASDAQ KG
$6.99 -0.59 (-7.62%)
As of: Sep 8, 2026 · 3:59 PM EDT

Kestrel (KG) Operating Expenses (2024 - 2026)

Kestrel (KG) posted Operating Expenses of $14.9 million for Q2 2026, down 13.12% on a QoQ basis from $17.1 million in Q1 2026, and up 123.13% year-over-year from $6.7 million in Q2 2025.

Analysis

Kestrel (KG) Operating Expenses (2024 - 2026) Analysis & Trends

Kestrel has reported Operating Expenses for 3 years, with the latest figure at $14.9 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 123.13% year-over-year to $14.9 million in Q2 2026; TTM through Jun 2026 was $80.2 million, a 231.7% increase from a year earlier, with the FY2025 full-year figure at -$15.5 million, down 404.09% from the prior year.
  • Operating Expenses was $14.9 million for Q2 2026 at Kestrel, down from $17.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $26.7 million in Q4 2025, with the low at -$64.4 million in Q2 2025.
  • Average Operating Expenses over 3 years is $2.3 million, with a median of $1.2 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 2266.31% in 2025 against a maximum downside of 5563.84% in 2025.
  • Over 3 years, Operating Expenses stood at $1.1 million in 2024, then jumped by 2266.31% to $26.7 million in 2025, then tumbled by 44.22% to $14.9 million in 2026.
  • The last three Operating Expenses figures came in at $14.9 million (Q2 2026), $17.1 million (Q1 2026), and $26.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 86.80 Bn 74.60 Bn 6.04 Bn 5.51 Bn
2 Aon 67.56 Bn 66.29 Bn - 3.33 Bn
3 Arthur J. Gallagher 64.64 Bn 63.25 Bn - 3.59 Bn
4 Willis Towers Watson 30.60 Bn 28.94 Bn 2.09 Bn 2.10 Bn
5 Brown & Brown 22.70 Bn 21.78 Bn 1.41 Bn 1.29 Bn
6 XChange TEC.INC 15.90 Bn 15.90 Bn - -
7 Erie Indemnity 11.30 Bn 10.96 Bn - 885.67 Mn
8 Ryan Specialty Holdings 5.11 Bn 4.97 Bn - 736.33 Mn
9 Neptune Insurance Holdings 4.43 Bn 4.41 Bn - 29.32 Mn
10 Kestrel 58.21 Mn 30.40 Mn 5.17 Mn 14.89 Mn
Historic Data

Historic Data

Download Data
DateValue
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