Kennedy-Wilson Holdings (KW) Operating Expenses (2010 - 2026)
Kennedy-Wilson Holdings' (KW) quarterly Operating Expenses came in at $59.2 million in Q1 2026, down 3.58% YoY from $61.4 million in Q1 2025, and down 51.07% on a QoQ basis from $121.0 million in Q4 2025.
Kennedy-Wilson Holdings (KW) Operating Expenses (2010 - 2026) Analysis & Trends
Kennedy-Wilson Holdings (KW) has 17 years of Operating Expenses data on file, last reported at $59.2 million in Q1 2026.
- Quarterly Operating Expenses fell 3.58% year-over-year to $59.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $398.6 million (up 31.03% YoY) and the FY2025 annual result came in at $446.2 million, up 70.89% from the prior year.
- Operating Expenses retreated to $59.2 million in Q1 2026, from $121.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $366.0 million in Q4 2022 to a low of -$118.9 million in Q4 2023.
- A 5-year average of $85.7 million and a median of $65.7 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 617.65% — and 2023, when it slumped 132.49%.
- Tracing KW's Operating Expenses over 5 years: stood at $366.0 million in 2022, then tumbled by 132.49% to -$118.9 million in 2023, then jumped by 155.26% to $65.7 million in 2024, then jumped by 84.17% to $121.0 million in 2025, then slumped by 51.07% to $59.2 million in 2026.
- The last three Operating Expenses figures came in at $59.2 million (Q1 2026), $121.0 million (Q4 2025), and $108.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -476.55 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 6.64 Bn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 652.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 4.18 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 485.10 Mn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 2.63 Bn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 230.00 Mn |
| 10 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 109.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.20 Mn |
| Dec 31, 2025 | 121.00 Mn |
| Sep 30, 2025 | 108.00 Mn |
| Jun 30, 2025 | 110.40 Mn |
| Mar 31, 2025 | 61.40 Mn |
| Dec 31, 2024 | 65.70 Mn |
| Sep 30, 2024 | 66.90 Mn |
| Jun 30, 2024 | 110.20 Mn |
| Mar 31, 2024 | 64.70 Mn |
| Dec 31, 2023 | -118.90 Mn |
| Sep 30, 2023 | 64.20 Mn |
| Jun 30, 2023 | 66.00 Mn |
| Mar 31, 2023 | 62.30 Mn |
| Dec 31, 2022 | 366.00 Mn |
| Sep 30, 2022 | 57.10 Mn |
| Jun 30, 2022 | 53.20 Mn |
| Mar 31, 2022 | 139.10 Mn |
| Dec 31, 2021 | 51.00 Mn |
| Sep 30, 2021 | 124.40 Mn |
| Jun 30, 2021 | 134.20 Mn |