Horizon Kinetics swings to Q3 net loss of $18.35 million year over year
HKHC•Horizon Kinetics reported a third-quarter net loss attributable to shareholders of $18.35 million, while revenue rose to $18.03 million. Assets under management fell 7% to $10 billion, and the board authorized a three-year, $25 million share repurchase program and declared a $0.13-per-share dividend.
1. Quarterly results
Horizon Kinetics swung to a third-quarter net loss attributable to shareholders of $18.35 million due to unrealized investment declines. Revenue rose year over year to $18.03 million, while assets under management fell 7% from June 30 to $10 billion at September 30, 2026. The board authorized a three-year, $25 million share repurchase program and declared a $0.13-per-share cash dividend.
