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Horizon Kinetics lost $12.3M in Q3 2025, up from $9.8M last year, despite 12% revenue growth.
Horizon Kinetics Holding Corporation reported its third quarter 2025 financial results, disclosing a net loss of $12.3 million, compared to a net loss of $9.8 million in the same period last year.
Revenue for the quarter reached $45.6 million, a 12% increase from $40.7 million in the prior-year quarter.
The company attributed the higher revenue to increased demand for its technology solutions and expanded market presence.
Despite the revenue growth, the wider net loss was driven by higher operating expenses and one-time restructuring costs.
The company also announced a strategic review of its business units to improve long-term profitability.
Horizon Kinetics perdió $12.3M en el tercer trimestre de 2025, frente a $9.8M el año pasado, a pesar del crecimiento del 12% en los ingresos.