Horizon Kinetics Holding annual operating expenses
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Horizon Kinetics Holding Operating Expenses Growth & History (HKHC)
Horizon Kinetics Holding's operating expenses was $61.8M for fiscal 2025.
View full Horizon Kinetics Holding company overviewHorizon Kinetics Holding annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $61.8M | −$9.1M | −12.85% |
| 2024 | 2024-12-31 | $70.9M | $21.8M | +44.50% |
| 2023 | 2023-12-31 | $49.0M | $37.8M | +334.53% |
| 2022 | 2022-12-31 | $11.3M | −$7.8M | −40.78% |
| 2021 | 2021-12-31 | $19.1M | $5.0M | +35.32% |
| 2020 | 2020-12-31 | $14.1M | $1.9M | +15.85% |
| 2019 | 2019-12-31 | $12.2M | −$1.1M | −8.59% |
| 2018 | 2018-12-31 | $13.3M | −$21.3M | −61.52% |
| 2017 | 2017-12-31 | $34.6M | $2.5M | +7.96% |
| 2016 | 2016-12-31 | $32.0M | $5.1M | +18.96% |
| 2015 | 2015-12-31 | $26.9M | $4.7M | +21.06% |
| 2014 | 2014-12-31 | $22.2M | $3.7M | +20.11% |
| 2013 | 2013-12-31 | $18.5M | $1.1M | +6.62% |
| 2012 | 2012-12-31 | $17.4M | $1.2M | +7.34% |
| 2011 | 2011-12-31 | $16.2M | $1.4M | +9.60% |
| 2010 | 2010-12-31 | $14.8M | — | — |
Horizon Kinetics Holding quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $16.1M | $831,000 | +5.45% |
| Q1 2026 | 2026-03-31 | $22.6M | $5.3M | +30.75% |
| Q4 2025 | 2025-12-31 | $14.3M | −$18.3M | −56.18% |
| Q3 2025 | 2025-09-30 | $14.9M | $963,000 | +6.89% |
| Q2 2025 | 2025-06-30 | $15.2M | $3.1M | +25.88% |
| Q1 2025 | 2025-03-31 | $17.3M | $5.1M | +41.81% |
| Q4 2024 | 2024-12-31 | $32.6M | −$2.5M | −7.25% |
| Q3 2024 | 2024-09-30 | $14.0M | $2.5M | +21.86% |
| Q2 2024 | 2024-06-30 | $12.1M | $10.8M | +855.56% |
| Q1 2024 | 2024-03-31 | $12.2M | $11.0M | +932.32% |
| Q4 2023 | 2023-12-31 | $35.1M | $33.5M | +2039.04% |
| Q3 2023 | 2023-09-30 | $11.5M | $10.0M | +668.97% |
| Q2 2023 | 2023-06-30 | $1.3M | −$4.2M | −77.00% |
| Q1 2023 | 2023-03-31 | $1.2M | −$1.5M | −55.30% |
| Q4 2022 | 2022-12-31 | $1.6M | −$4.9M | −75.08% |
| Q3 2022 | 2022-09-30 | $1.5M | −$2.3M | −60.74% |
| Q2 2022 | 2022-06-30 | $5.5M | $963,000 | +21.18% |
| Q1 2022 | 2022-03-31 | $2.6M | −$1.5M | −35.89% |
| Q4 2021 | 2021-12-31 | $6.6M | $2.7M | +69.01% |
| Q3 2021 | 2021-09-30 | $3.8M | $86,000 | +2.32% |
| Q2 2021 | 2021-06-30 | $4.5M | $1.3M | +39.53% |
| Q1 2021 | 2021-03-31 | $4.1M | $910,000 | +28.31% |
| Q4 2020 | 2020-12-31 | $3.9M | $217,000 | +5.90% |
| Q3 2020 | 2020-09-30 | $3.7M | $1.0M | +37.71% |
| Q2 2020 | 2020-06-30 | $3.3M | $544,000 | +20.04% |
| Q1 2020 | 2020-03-31 | $3.2M | $149,000 | +4.86% |
| Q4 2019 | 2019-12-31 | $3.7M | $726,000 | +24.57% |
| Q3 2019 | 2019-09-30 | $2.7M | −$769,000 | −22.19% |
| Q2 2019 | 2019-06-30 | $2.7M | −$6.3M | −70.00% |
| Q1 2019 | 2019-03-31 | $3.1M | −$4.6M | −60.04% |
| Q4 2018 | 2018-12-31 | $3.0M | −$6.4M | −68.35% |
| Q3 2018 | 2018-09-30 | $3.5M | −$4.7M | −57.61% |
| Q2 2018 | 2018-06-30 | $9.0M | $598,200 | +7.08% |
| Q1 2018 | 2018-03-31 | $7.7M | −$931,400 | −10.83% |
| Q4 2017 | 2017-12-31 | $9.3M | −$179,300 | −1.88% |
| Q3 2017 | 2017-09-30 | $8.2M | −$682,500 | −7.70% |
| Q2 2017 | 2017-06-30 | $8.4M | $1.4M | +19.09% |
| Q1 2017 | 2017-03-31 | $8.6M | $2.1M | +31.39% |
| Q4 2016 | 2016-12-31 | $9.5M | $2.2M | +30.30% |
| Q3 2016 | 2016-09-30 | $8.9M | $2.0M | +28.70% |
| Q2 2016 | 2016-06-30 | $7.1M | $618,000 | +9.54% |
| Q1 2016 | 2016-03-31 | $6.5M | $297,100 | +4.75% |
| Q4 2015 | 2015-12-31 | $7.3M | $991,300 | +15.71% |
| Q3 2015 | 2015-09-30 | $6.9M | $1.4M | +24.59% |
| Q2 2015 | 2015-06-30 | $6.5M | $1.1M | +19.61% |
| Q1 2015 | 2015-03-31 | $6.2M | $1.3M | +25.50% |
| Q4 2014 | 2014-12-31 | $6.3M | $1.3M | +26.63% |
| Q3 2014 | 2014-09-30 | $5.5M | $1.1M | +25.36% |
| Q2 2014 | 2014-06-30 | $5.4M | $1.0M | +23.98% |
| Q1 2014 | 2014-03-31 | $5.0M | $229,200 | +4.83% |
| Q4 2013 | 2013-12-31 | $5.0M | $62,200 | +1.26% |
| Q3 2013 | 2013-09-30 | $4.4M | $63,400 | +1.46% |
| Q2 2013 | 2013-06-30 | $4.4M | $328,500 | +8.13% |
| Q1 2013 | 2013-03-31 | $4.8M | $695,000 | +17.14% |
| Q4 2012 | 2012-12-31 | $4.9M | $457,700 | +10.25% |
| Q3 2012 | 2012-09-30 | $4.3M | $282,100 | +6.95% |
| Q2 2012 | 2012-06-30 | $4.0M | $104,500 | +2.66% |
| Q1 2012 | 2012-03-31 | $4.1M | $342,700 | +9.23% |
| Q4 2011 | 2011-12-31 | $4.5M | — | — |
| Q3 2011 | 2011-09-30 | $4.1M | $409,400 | +11.21% |
| Q2 2011 | 2011-06-30 | $3.9M | $237,200 | +6.42% |
| Q1 2011 | 2011-03-31 | $3.7M | — | — |
| Q3 2010 | 2010-09-30 | $3.7M | — | — |
| Q2 2010 | 2010-06-30 | $3.7M | — | — |
Horizon Kinetics Holding operating expenses trends
Over the last five fiscal years, Horizon Kinetics Holding's operating expenses increased from $14.1M to $61.8M, a change of $47.7M. The latest reported quarter, Q2 2026, shows $16.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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