Horizon Kinetics Q1 FY26 net income rises to $72.5 million; revenue falls 3.7% to $18.3 million

HORIZON KINETICS HOLDING CORP

HORIZON KINETICS HOLDING CORP

HKHC

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  • Horizon Kinetics Holding posted net income attributable to shareholders of USD 72.5 million, or USD 3.89 per share, for first-quarter 2026.
  • Revenue slipped 3.7% from first-quarter 2025 to USD 18.3 million, while operating results swung to an operating loss of USD 4.3 million from operating income a year earlier.
  • Assets under management climbed 19% from Dec. 31, 2025 to USD 11.4 billion, driven primarily by a 65% rise in Texas Pacific Land.
  • Incentive fees totaled USD 18.1 million from certain private funds following the expiration of trading restrictions tied to Miami International Holdings investments.
  • Board declared a USD 0.127 per share cash dividend, payable June 17 to shareholders of record May 27.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Horizon Kinetics Holding Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605150905ACCESSWRNAPR_____1167249) on May 15, 2026, and is solely responsible for the information contained therein.

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