Horizon Kinetics Holding annual gross margin
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Horizon Kinetics Holding Gross Margin Growth & History (HKHC)
Horizon Kinetics Holding's gross margin was 56.03% for fiscal 2025.
View full Horizon Kinetics Holding company overviewHorizon Kinetics Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 56.03% | +23.32 pp |
| 2024 | 2024-12-31 | 32.72% | +29.65 pp |
| 2023 | 2023-12-31 | 3.06% | −43.01 pp |
| 2022 | 2022-12-31 | 46.07% | +3.93 pp |
| 2021 | 2021-12-31 | 42.14% | +1.91 pp |
| 2020 | 2020-12-31 | 40.23% | +2.24 pp |
| 2019 | 2019-12-31 | 37.98% | −5.76 pp |
| 2018 | 2018-12-31 | 43.74% | −2.16 pp |
| 2017 | 2017-12-31 | 45.91% | +2.78 pp |
| 2016 | 2016-12-31 | 43.12% | +0.71 pp |
| 2015 | 2015-12-31 | 42.41% | −1.34 pp |
| 2014 | 2014-12-31 | 43.76% | −1.97 pp |
| 2013 | 2013-12-31 | 45.73% | +2.30 pp |
| 2012 | 2012-12-31 | 43.43% | −1.80 pp |
| 2011 | 2011-12-31 | 45.23% | −0.89 pp |
| 2010 | 2010-12-31 | 46.12% | — |
Horizon Kinetics Holding quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 55.83% | −2.24 pp |
| Q1 2026 | 2026-03-31 | 22.38% | −29.74 pp |
| Q4 2025 | 2025-12-31 | 57.10% | — |
| Q3 2025 | 2025-09-30 | 57.05% | — |
| Q2 2025 | 2025-06-30 | 58.07% | +55.08 pp |
| Q1 2025 | 2025-03-31 | 52.12% | +49.16 pp |
| Q2 2024 | 2024-06-30 | 2.99% | −42.12 pp |
| Q1 2024 | 2024-03-31 | 2.95% | −39.89 pp |
| Q4 2023 | 2023-12-31 | 1.02% | — |
| Q3 2023 | 2023-09-30 | 3.02% | −53.46 pp |
| Q2 2023 | 2023-06-30 | 45.11% | +10.92 pp |
| Q1 2023 | 2023-03-31 | 42.84% | −6.58 pp |
| Q3 2022 | 2022-09-30 | 56.48% | +20.47 pp |
| Q2 2022 | 2022-06-30 | 34.20% | −5.80 pp |
| Q1 2022 | 2022-03-31 | 49.42% | +4.15 pp |
| Q4 2021 | 2021-12-31 | 49.47% | +22.72 pp |
| Q3 2021 | 2021-09-30 | 36.01% | −8.79 pp |
| Q2 2021 | 2021-06-30 | 39.99% | −7.16 pp |
| Q1 2021 | 2021-03-31 | 45.27% | +1.17 pp |
| Q4 2020 | 2020-12-31 | 26.75% | −14.29 pp |
| Q3 2020 | 2020-09-30 | 44.80% | +3.80 pp |
| Q2 2020 | 2020-06-30 | 47.15% | +16.75 pp |
| Q1 2020 | 2020-03-31 | 44.10% | +5.82 pp |
| Q4 2019 | 2019-12-31 | 41.04% | +8.93 pp |
| Q3 2019 | 2019-09-30 | 41.00% | −9.36 pp |
| Q2 2019 | 2019-06-30 | 30.40% | −19.37 pp |
| Q1 2019 | 2019-03-31 | 38.28% | −2.39 pp |
| Q4 2018 | 2018-12-31 | 32.11% | −14.36 pp |
| Q3 2018 | 2018-09-30 | 50.36% | +2.77 pp |
| Q2 2018 | 2018-06-30 | 49.76% | +6.55 pp |
| Q1 2018 | 2018-03-31 | 40.67% | −5.49 pp |
| Q4 2017 | 2017-12-31 | 46.47% | +6.56 pp |
| Q3 2017 | 2017-09-30 | 47.59% | +6.26 pp |
| Q2 2017 | 2017-06-30 | 43.22% | +1.33 pp |
| Q1 2017 | 2017-03-31 | 46.16% | −4.74 pp |
| Q4 2016 | 2016-12-31 | 39.91% | +4.03 pp |
| Q3 2016 | 2016-09-30 | 41.32% | −1.91 pp |
| Q2 2016 | 2016-06-30 | 41.89% | −2.76 pp |
| Q1 2016 | 2016-03-31 | 50.90% | +4.72 pp |
| Q4 2015 | 2015-12-31 | 35.88% | −7.29 pp |
| Q3 2015 | 2015-09-30 | 43.24% | −0.49 pp |
| Q2 2015 | 2015-06-30 | 44.64% | +2.02 pp |
| Q1 2015 | 2015-03-31 | 46.18% | +0.46 pp |
| Q4 2014 | 2014-12-31 | 43.17% | −0.74 pp |
| Q3 2014 | 2014-09-30 | 43.72% | −3.58 pp |
| Q2 2014 | 2014-06-30 | 42.62% | −3.72 pp |
| Q1 2014 | 2014-03-31 | 45.72% | +0.30 pp |
| Q4 2013 | 2013-12-31 | 43.91% | +0.50 pp |
| Q3 2013 | 2013-09-30 | 47.30% | +6.45 pp |
| Q2 2013 | 2013-06-30 | 46.35% | +2.78 pp |
| Q1 2013 | 2013-03-31 | 45.42% | −0.36 pp |
| Q4 2012 | 2012-12-31 | 43.41% | +4.60 pp |
| Q3 2012 | 2012-09-30 | 40.86% | −3.26 pp |
| Q2 2012 | 2012-06-30 | 43.57% | −5.49 pp |
| Q1 2012 | 2012-03-31 | 45.79% | −2.75 pp |
| Q4 2011 | 2011-12-31 | 38.82% | — |
| Q3 2011 | 2011-09-30 | 44.12% | −0.17 pp |
| Q2 2011 | 2011-06-30 | 49.06% | +1.84 pp |
| Q1 2011 | 2011-03-31 | 48.53% | — |
| Q3 2010 | 2010-09-30 | 44.28% | — |
| Q2 2010 | 2010-06-30 | 47.22% | — |
Horizon Kinetics Holding gross margin trends
Over the last five fiscal years, Horizon Kinetics Holding's gross margin increased from 40.23% to 56.03%, a change of +15.81 percentage points. The latest reported quarter, Q2 2026, shows 55.83%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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