Horizon Kinetics Q3 revenue up 36% to $17.8M; net income $0.39/share vs loss year ago

Horizon Kinetics Holding Corp

2025-Q3 EPS reported $1.05 revenue$55,810,000

Management and advisory fee revenue of $17.8M (+36% YoY); operating income $2.9M vs $0.9M loss in Q3 2024.
Net income attributable to HKHC of $7.2M ($0.39 diluted EPS) vs net loss of $38.2M ($2.07 loss) in Q3 2024.
AUM of $10.4B as of Sep 30, 2025, up 25% from Sep 30, 2024, driven by market value gains and net inflows.
Board declared cash dividend of $0.106/share, payable Dec 17, 2025 to holders of record Nov 25, 2025.

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