Horizon Kinetics Holding Corp (HKHC) Form 8-K — May 15, 2026
Horizon Kinetics Holding Corp (HKHC) reported first-quarter 2026 earnings of $3.89 per share, a substantial increase from $1.23 in the prior year, driven by strong investment performance and growth in assets under management. Assets under management rose 19% to $11.4 billion, largely due to a 65% surge in the value of its Texas Pacific Land Corp (TPL) holdings, which offset declines in Bitcoin-related assets like Grayscale Bitcoin Trust (GBTC). While GAAP operating income showed a $4.3 million loss due to consolidation accounting, the advisor-only presentation revealed $17.1 million in operating income and an 84% increase in management fees to $38.9 million.
Key figures
- Eps
- 3.89
- Revenue
- 18293000
- Net Income
- 72532000
- Total Assets
- 2234344000
- Cash Position
- 36738000
- Aum
- 11400000000
- Aum Growth
- 19
- Incentive Fees
- 18100000
- Dividend Per Share
- 0.127
- Advisor Only Revenue
- 39033000
- Advisor Only Revenue Growth
- 84
- Advisor Only Operating Income
- 17131000
Price after filing
Close on the filing date to close N calendar days later (from $28.25). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.