Horizon Kinetics Q1 revenue up 58% to $18.9M; net income attributable $22.8M, down from $40.8M

Horizon Kinetics Holding Corp

2025-Q1 EPS reported $1.23 revenue$19,801,000

Management and advisory fee revenue $18.9M, up 58% YoY; net income attributable to HKHC $22.8M ($1.23 EPS), down from $40.8M in Q1 2024.
AUM grew to $10.8B, up 54% from Q1 2024 and 10% from Q4 2024, driven by TPL appreciation and net inflows.
Board declared $0.056 per share dividend, payable June 16, 2025 to holders of record May 26, 2025.
Collected $51.7M of incentive fees recorded in Q4 2024; used $11M to increase investment in Horizon Kinetics Hard Assets.
Operating income improved to $1.3M from a $71K loss in prior year; total operating expenses rose to $18.5M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.