Horizon Kinetics Holding (HKHC) Company Report

Horizon Kinetics has entered into definitive agreements with Synteq Digital to sell key real estate assets, including a data center in North Carolina with approximately 10MW of capacity.
This transaction is an all-equity deal, which will result in Horizon Kinetics and FRMO Corp. becoming shareholders of Synteq Digital.
Horizon Kinetics, a fund manager with approximately $10.4 billion in assets under management, will deepen its relationship with Synteq Digital through this partnership.
The acquisition represents the first phase of Synteq Digital's strategic expansion in the digital compute sector, aiming to diversify and strengthen its services in digital mining and high-performance computing.

Dec 15, 2025, 9:35 PM

HKHC Reports Strong Q3 2025 Revenue Growth and Strategic ETF Launches

HKHC

Earnings

Product Launch

Dividends

Horizon Kinetics (HKHC) reported revenues of $17.9 million for Q3 2025, a 37% increase from Q3 2024, and advisor-only operating income of $5.5 million for the quarter, up from $1.5 million in the prior year.
Net income for Q3 2025 was $0.39 per share, and $1.05 per share year-to-date, with Q3 2025 results impacted by $10.1 million in unrealized losses related to investment securities and equity holdings, including digital assets.
The company launched a Japan Owner-Operator ETF in May 2025, which has achieved $25 million in assets under management, and plans to launch another ETF in Q1 2026 as part of its strategy to develop unique products.
HKHC's highest priority for deploying free cash flow is rewarding shareholders with a 70% payout ratio of net income, supported by a cash balance of $37 million as of September 30, 2025.

Nov 18, 2025, 9:15 PM

HKHC Reports Strong Q3 2025 Revenue Growth and Strategic ETF Initiatives

HKHC

Earnings

New Projects/Investments

Dividends

Horizon Kinetics (HKHC) reported Q3 2025 revenues of $17.9 million, a 37% increase year-over-year, and year-to-date revenues of $55.8 million, up 49% from the prior year.
Net income per share was $0.39 for Q3 2025 and $1.05 year-to-date, impacted by $10.1 million in unrealized losses on investments during the quarter.
The company maintains a 70% payout ratio of net income to shareholders and reported a cash balance of $37 million as of September 30, 2025.
Strategic initiatives include the launch of the Japan Owner-Operator ETF, which has achieved $25 million in assets under management (AUM), and plans for another ETF launch in Q1 2026.
HKHC is also managing over $50 million in crypto assets for Consensus Mining and Woodland Holdings, with potential for future fee generation.

Nov 18, 2025, 9:15 PM

HKHC Reports Strong Q3 2025 Financial Results and Increased Dividend

HKHC

Earnings

Dividends

New Projects/Investments

HKHC reported revenues of $17.9 million for Q3 2025, a 37% increase from Q3 2024, and year-to-date revenues of $55.8 million, up 49% from the prior year.
Net income was $0.39 per share for Q3 2025 and $1.05 per share for the year-to-date period.
The company's board declared a $0.10 per share dividend, representing a 49% increase from the prior quarter.
HKHC launched a Japan Owner-Operator ETF in May, which has achieved $25 million in assets under management, and plans to launch another ETF in Q1 2026.
The company is building potential operating leverage through its management of Consensus Mining and Woodland Holdings, aiming to separate capital raising from capital management.

Nov 18, 2025, 9:15 PM

Horizon Kinetics Holding Corp Reports Third Quarter 2025 Results

HKHC

Earnings

Dividends

Revenue Acceleration/Inflection

Horizon Kinetics Holding Corporation reported management and advisory fee revenue of $17.8 million for the third quarter of 2025, representing a 36% increase from the third quarter of 2024. For the nine months ended September 30, 2025, this revenue totaled $55.5 million, a 49% increase from the same period in 2024.
Net income attributable to Horizon Kinetics Holding Corporation for the three months ended September 30, 2025, was $7.2 million, or $0.39 per common share.
Operating income for the third quarter of 2025 was $2.9 million, an increase of $3.9 million from a $0.9 million loss during the third quarter of 2024.
Assets under management (AUM) reached $10.4 billion as of September 30, 2025, marking a 25% increase from September 30, 2024.
The Board of Directors declared a cash dividend of $0.106 per share on November 11, 2025, payable on December 17, 2025, to shareholders of record as of November 25, 2025.