Horizon Kinetics Holding annual free cash flow
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Horizon Kinetics Holding Free Cash Flow (FCF) History (HKHC)
Horizon Kinetics Holding reported −$43.4M in free cash flow for fiscal 2025, a decrease of $55.2M from the previous fiscal year, with a free cash flow margin of −59.55%.
View full Horizon Kinetics Holding company overviewHorizon Kinetics Holding free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$43.4M | −$55.2M | — | −59.55% |
| 2024 | 2024-12-31 | $11.8M | −$13.6M | −53.55% | +21.12% |
| 2023 | 2023-12-31 | $25.4M | $27.4M | — | +53.70% |
| 2022 | 2022-12-31 | −$2.0M | −$1.2M | — | −66.81% |
| 2021 | 2021-12-31 | −$791,000 | −$4.4M | — | −2.66% |
| 2020 | 2020-12-31 | $3.6M | $3.0M | +516.78% | +12.31% |
| 2019 | 2019-12-31 | $578,000 | −$2.3M | −79.87% | +2.03% |
| 2018 | 2018-12-31 | $2.9M | −$661,000 | −18.71% | +7.75% |
| 2017 | 2017-12-31 | $3.5M | $2.3M | +188.23% | +8.37% |
| 2016 | 2016-12-31 | $1.2M | −$1,900 | −0.15% | +3.48% |
| 2015 | 2015-12-31 | $1.2M | −$1.5M | −55.02% | +4.20% |
| 2014 | 2014-12-31 | $2.7M | $5.5M | — | +11.21% |
| 2013 | 2013-12-31 | −$2.8M | −$2.8M | — | −14.49% |
| 2012 | 2012-12-31 | −$12,800 | −$436,300 | — | −0.08% |
| 2011 | 2011-12-31 | $423,500 | $115,900 | +37.68% | +2.71% |
| 2010 | 2010-12-31 | $307,600 | — | — | +2.14% |
Horizon Kinetics Holding quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$2.6M | −$2.0M | — | −13.88% |
| Q1 2026 | 2026-03-31 | −$7.4M | −$5.7M | — | −40.28% |
| Q2 2025 | 2025-06-30 | −$7.8M | −$8.3M | — | −41.52% |
| Q1 2025 | 2025-03-31 | −$14.5M | −$14.4M | — | −76.12% |
| Q4 2022 | 2022-12-31 | −$660,000 | $178,000 | — | — |
| Q3 2022 | 2022-09-30 | −$1.7M | −$935,000 | — | −225.78% |
| Q2 2022 | 2022-06-30 | $427,000 | $703,000 | — | +38.13% |
| Q1 2022 | 2022-03-31 | −$103,000 | −$5.3M | — | −2.76% |
| Q3 2021 | 2021-09-30 | −$838,000 | −$234,000 | — | −10.51% |
| Q4 2020 | 2020-12-31 | −$720,000 | −$287,000 | — | −9.20% |
| Q3 2020 | 2020-09-30 | −$276,000 | $287,000 | — | −3.83% |
| Q2 2020 | 2020-06-30 | $5.2M | $4.0M | +331.14% | +84.91% |
| Q1 2020 | 2020-03-31 | −$604,000 | −$980,000 | — | −7.69% |
| Q4 2019 | 2019-12-31 | −$433,000 | −$717,000 | — | −5.36% |
| Q3 2019 | 2019-09-30 | −$563,000 | −$2.5M | — | −7.84% |
| Q2 2019 | 2019-06-30 | $1.2M | $1.2M | — | +18.77% |
| Q1 2019 | 2019-03-31 | $376,000 | −$731,800 | −66.06% | +5.53% |
| Q3 2018 | 2018-09-30 | $284,000 | −$264,100 | −48.18% | +2.93% |
| Q4 2017 | 2017-12-31 | $1.9M | $352,000 | +22.38% | +16.70% |
| Q3 2017 | 2017-09-30 | −$48,900 | −$968,000 | — | −0.47% |
| Q2 2017 | 2017-06-30 | $1.1M | $1.2M | — | +11.22% |
| Q1 2017 | 2017-03-31 | $548,100 | $1.8M | — | +5.25% |
| Q4 2016 | 2016-12-31 | $1.6M | $1.5M | +4526.47% | +14.36% |
| Q3 2016 | 2016-09-30 | $919,100 | $651,600 | +243.59% | +9.25% |
| Q2 2016 | 2016-06-30 | −$48,800 | −$832,500 | — | −0.75% |
| Q1 2016 | 2016-03-31 | −$1.2M | −$1.4M | — | −15.50% |
| Q4 2015 | 2015-12-31 | $34,000 | −$1.5M | −97.78% | +0.46% |
| Q3 2015 | 2015-09-30 | $267,500 | $121,500 | +83.22% | +3.54% |
| Q2 2015 | 2015-06-30 | $783,700 | −$382,400 | −32.79% | +10.80% |
| Q1 2015 | 2015-03-31 | $142,100 | $258,000 | — | +2.05% |
| Q4 2014 | 2014-12-31 | $1.5M | $1.7M | — | +22.16% |
| Q3 2014 | 2014-09-30 | $146,000 | −$115,100 | −44.08% | +2.35% |
| Q2 2014 | 2014-06-30 | $1.2M | $1.5M | — | +20.34% |
| Q1 2014 | 2014-03-31 | −$115,900 | $2.4M | — | −2.11% |
| Q4 2013 | 2013-12-31 | −$213,300 | $211,100 | — | −4.22% |
| Q3 2013 | 2013-09-30 | $261,100 | −$398,900 | −60.44% | +5.21% |
| Q2 2013 | 2013-06-30 | −$335,400 | −$146,800 | — | −7.45% |
| Q1 2013 | 2013-03-31 | −$2.5M | −$2.4M | — | −53.00% |
| Q4 2012 | 2012-12-31 | −$424,400 | −$444,500 | — | −9.61% |
| Q3 2012 | 2012-09-30 | $660,000 | $432,900 | +190.62% | +17.06% |
| Q2 2012 | 2012-06-30 | −$188,600 | −$191,100 | — | −5.07% |
| Q1 2012 | 2012-03-31 | −$59,800 | −$233,600 | — | −1.48% |
| Q4 2011 | 2011-12-31 | $20,100 | — | — | +0.55% |
| Q3 2011 | 2011-09-30 | $227,100 | — | — | +5.58% |
| Q2 2011 | 2011-06-30 | $2,500 | — | — | +0.06% |
| Q1 2011 | 2011-03-31 | $173,800 | — | — | +4.49% |
Horizon Kinetics Holding free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $3.6M to −$43.4M, a net decrease of $46.9M. Horizon Kinetics Holding's latest reported quarter, Q2 2026, generated −$2.6M in free cash flow, a decrease of $2.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Horizon Kinetics Holding filings at SEC.gov ↗