HKHC · XBRL financial data
Horizon Kinetics Holding financial statements, every quarter
The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (HKHC's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 1 | 1* | 1 | 1 | 13 | 19* | 20 | 20 | 18 | 17* | 18 | 19 |
| Cost of goods and services sold | 1 | 0* | 1 | 0 | — | — | — | — | — | — | — | — |
| Gross profit | 0 | 0* | 0 | 0 | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 0 | 0* | 1 | 1 | 1 | 1* | 1 | 0 | 1 | 1* | 1 | 1 |
| General and administrative | 1 | 1* | 1 | 1 | 3 | 3* | 3 | 3 | 3 | 2* | 3 | 3 |
| Total operating expenses | 1 | 3* | 1 | 1 | 15 | 34* | 18 | 17 | 15 | 14* | 23 | 16 |
| Operating income (loss) | (1) | (2)* | (1) | (0) | (1) | (15)* | 1 | 3 | 3 | 3* | (4) | 3 |
| Interest income | 0 | 0* | 0 | 0 | — | — | — | — | — | — | — | — |
| Interest expense | 0 | 0* | — | — | — | — | — | — | — | — | — | — |
| Other income (expense) | 0 | (1)* | (0) | (0) | (3) | (0)* | (0) | (0) | (0) | (1)* | 6 | 0 |
| Income tax expense (benefit) | 0 | 0* | 1 | 0 | 69 | 34* | 10 | (4) | (10) | (19)* | 30 | (7) |
| Net income (loss) | 3 | (3)* | (0) | (0) | (38) | 76* | 23 | (10) | 7 | (14)* | 73 | (18) |
| Earnings per share, basic USD per share | 0.23 | (0.19)* | (0.04) | (0.03) | (2.07) | — | 1.23 | (0.56) | 0.39 | (0.78)* | 3.89 | (0.99) |
| Earnings per share, diluted USD per share | 0.23 | (0.19)* | (0.04) | (0.03) | (2.07) | — | 1.23 | (0.56) | 0.39 | (0.78)* | 3.89 | (0.99) |
| Weighted average shares, basic millions of shares | 13 | 13* | 13 | 13 | 18 | — | 19 | 19 | 19 | 19* | 19 | 19 |
| Weighted average shares, diluted millions of shares | 13 | 13* | 13 | 13 | 18 | — | 19 | 19 | 19 | 19* | 19 | 19 |
Balance sheet
CSVFiscal quarters (HKHC's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 4 | 10 | 3 | 3 | 18 | 14 | 35 | 39 | 38 | 37 | 37 | 34 |
| Accounts receivable | 1 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Inventory | — | 0 | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 6 | 5 | 4 | 4 | — | — | — | — | — | — | — | — |
| Property and equipment, net | — | 0 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Right-of-use asset | 2 | 1 | 1 | 1 | 6 | 5 | 5 | 4 | 7 | 6 | 6 | 24 |
| Goodwill | — | 0 | — | — | 24 | 24 | 24 | 24 | 23 | 23 | 23 | 23 |
| Total assets | 9 | 6 | 6 | 5 | 1,624 | 2,028 | 2,073 | 2,059 | 2,183 | 1,997 | 2,234 | 1,943 |
| Accounts payable | 1 | 1 | 0 | 0 | — | — | — | — | — | — | — | — |
| Accrued liabilities | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Total current liabilities | 1 | 1 | 1 | 1 | — | — | — | — | — | — | — | — |
| Lease liability, non-current | 2 | 2 | 2 | 2 | — | — | — | — | — | — | — | — |
| Total liabilities | 3 | 3 | 3 | 3 | 109 | 148 | 144 | 136 | 119 | 97 | 300 | 161 |
| Retained earnings (accumulated deficit) | (3) | (6) | (6) | (7) | 224 | 299 | 320 | 308 | 314 | 298 | 368 | 347 |
| Total stockholders' equity | 6 | 3 | 3 | 2 | 265 | 340 | 361 | 349 | 355 | 339 | 409 | 388 |
| Total liabilities and equity | 9 | 6 | 6 | 5 | 1,624 | 2,028 | 2,073 | 2,059 | 2,183 | 1,997 | 2,234 | 1,943 |
| Common shares outstanding (cover page) millions of shares | 13 | 13 | 13 | 13 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Cash flows
CSVFiscal quarters (HKHC's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | 3 | (3)* | (0) | (0) | (38) | 76* | 23 | (10) | 7 | (14)* | 73 | (18) |
| Stock-based compensation | 0* | 0* | 0 | 0* | — | — | — | — | — | — | — | — |
| Depreciation and amortization | 0* | 0* | — | — | — | year only | — | — | — | year only | — | — |
| Net cash from operating activities | (1)* | (1)* | (1) | (0)* | (10)* | year only | (14) | (8)* | (18)* | (3)* | (7) | (2)* |
| Purchases of property and equipment | — | 0* | — | — | — | 0* | 0 | 0* | — | year only | 1 | 1* |
| Net cash from investing activities | 6* | 0* | (0) | (0)* | 3* | (0)* | 24 | (0)* | (2)* | 3* | (0) | 4* |
| Dividends paid | — | — | — | — | — | year only | 2 | 1* | 1* | 2* | 2 | 2* |
| Proceeds from long-term debt | 0* | 0* | — | — | — | — | — | — | — | — | — | — |
| Repayments of long-term debt | 1* | 0* | — | — | — | — | — | — | — | — | — | — |
| Net cash from financing activities | (1)* | 0* | (10) | (2)* | 0* | (13)* | (4) | 16* | 9* | 20* | 3 | (8)* |
| Net change in cash | 4* | (1)* | (1) | (0)* | (19)* | 10* | 6 | 8* | (10)* | 20* | (4) | — |
Compare with peers
SIC 6282 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6282 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Horizon Kinetics Holding | 34 | 19 | (2)* | 18.6M | 16.8 quarters | 10-QJun 30, 2026 |
| Diamond Hill Investment Group | 42 | 37* | 17* | 2.7M | — | 10-KDec 31, 2025 |
| Ares Management | 557 | 1,294 | (351)* | not reported | 1.6 quarters | 10-QJun 30, 2026 |
| AlTi Global | 31 | 58 | not reported | not reported | — | 10-QJun 30, 2026 |
| GCM Grosvenor | 140 | 134 | 38* | not reported | — | 10-QJun 30, 2026 |
| Ridgepost Capital | 37 | 81 | 24* | not reported | — | 10-QJun 30, 2026 |
| Mount Logan Capital | not reported | 8.7 | (7.1)* | 11.2M | — | 10-QJun 30, 2026 |
| Acadian Asset Management | 86 | 185 | 26* | 35.5M | — | 10-QJun 30, 2026 |
| Abacus Global Management | 23 | 73 | 39* | 97.8M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.