Kingsway KWY
NYSE KWY
$10.12 +0.09 (+0.90%)
As of: Aug 21, 2026 · 9:46 AM EDT

Kingsway (KWY) Gross Margin (2013 - 2026)

Kingsway (KWY) posted quarterly Gross Margin of 19.36% for Q4 2025, down 1679.0% year-over-year from 1.23% in Q4 2024, and down 72.43% quarter-over-quarter from 70.22% in Q3 2025.

Kingsway (KWY) Gross Margin (2013 - 2026) Analysis & Trends

Kingsway's Gross Margin history runs 10 years deep, the most recent figure standing at 19.36% for Q4 2025.

  • In Q4 2025, Gross Margin fell 1679.0% year-over-year to 19.36%; the TTM figure through Dec 2025 stood at 58.03% (down 766.0% YoY), while the FY2025 annual figure was 62.63%, down 288.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 19.36%, down from 70.22% in the prior quarter.
  • The five-year high for Gross Margin was 79.5% in Q1 2023, with the low at 33.34% in Q4 2021.
  • The 5-year median for Gross Margin is 76.6% (2024), against an average of 66.27%.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin surged 11271 bps in 2022, then slumped 4237 bps in 2024.
  • Kingsway's Gross Margin stood at 33.34% in 2021, then jumped by 338 bps to 79.37% in 2022, then dropped by 1 bps to 78.52% in 2023, then slumped by 54 bps to 36.15% in 2024, then slumped by 46 bps to 19.36% in 2025.
  • Business Quant data shows KWY's Gross Margin at 19.36% in Q4 2025, 70.22% in Q3 2025, and 77.99% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 BlackRock 179.00 Bn 165.13 Bn - -
2 Blackstone 114.93 Bn 112.42 Bn - -
3 Kkr 97.35 Bn -179.72 Bn - -
4 Brookfield 93.70 Bn 46.30 Bn - -
5 Brookfield Asset Management 83.63 Bn 82.13 Bn - -
6 Apollo Global Management 78.52 Bn 53.15 Bn 10.54 Bn 94.50%
7 State Street 51.48 Bn 51.48 Bn - -
8 Ameriprise Financial 51.25 Bn 40.20 Bn 4.72 Bn 94.14%
9 Northern Trust 34.16 Bn 34.16 Bn - -
10 Kingsway 289.60 Mn 236.00 Mn 17.12 Mn 43.41%

Historic Data

Download Data
DateValue
Jun 30, 2026 43.41%
Dec 31, 2025 19.36%
Sep 30, 2025 70.22%
Jun 30, 2025 77.99%
Mar 31, 2025 72.86%
Dec 31, 2024 36.15%
Sep 30, 2024 76.70%
Jun 30, 2024 76.70%
Mar 31, 2024 76.60%
Dec 31, 2023 78.52%
Sep 30, 2023 76.28%
Jun 30, 2023 76.26%
Mar 31, 2023 79.50%
Dec 31, 2022 79.37%
Sep 30, 2022 76.59%
Jun 30, 2022 77.34%
Mar 31, 2022 76.92%
Dec 31, 2021 -33.34%
Sep 30, 2021 76.39%
Jun 30, 2021 76.24%