Kingsway (KWY) Operating Expenses (2011 - 2025)

Kingsway's Operating Expenses history runs 15 years deep, the most recent figure standing at $38.2 million for Q4 2025.

• On a quarterly basis, Operating Expenses rose 37.33% year-over-year to $38.2 million in Q4 2025; TTM through Dec 2025 was $137.4 million, a 27.96% increase from a year earlier, with the FY2025 full-year figure at $137.4 million, up 28.14% from the prior year.
• Operating Expenses grew to $38.2 million in Q4 2025 per KWY's latest filing, from $38.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $81.2 million in Q4 2023 and bottomed at -$53.3 million in Q4 2022.
• The 5-year median for Operating Expenses is $25.6 million (2023), against an average of $22.0 million.
• Across the five-year window, Operating Expenses soared 8911.79% in 2021 and sank 170.4% in 2022, its largest moves.
• Year by year, Operating Expenses stood at $75.7 million in 2021, then sank by 170.4% to -$53.3 million in 2022, then surged by 252.3% to $81.2 million in 2023, then sank by 65.69% to $27.9 million in 2024, then surged by 37.33% to $38.2 million in 2025.
• Per Business Quant, the three latest KWY Operating Expenses figures stand at $38.2 million (Q4 2025), $38.0 million (Q3 2025), and $32.0 million (Q2 2025).