Kennedy-Wilson Holdings, Inc. (KW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 117.2M | 120.6M | 116.4M | 135.7M | 128.3M | 135.5M | 127.5M | 132M | 136.4M | 140.1M | 143.8M | 146.5M | 132.2M | 139.6M | 139.6M | 136.1M | 124.7M | 131.4M | 114.4M | 108.4M |
| Revenue Growth % | -8.65% | -11% | -8.71% | 2.8% | -5.94% | -3.28% | -11.34% | -9.9% | 3.18% | 0.36% | 3.01% | 7.64% | 6.01% | 6.24% | 22.03% | 25.55% | 25.45% | 21.55% | 0.18% | 1.4% |
| Cost of Goods Sold | 98.4M | 96.3M | 99.9M | 104.4M | 106.3M | 109M | 112.8M | 109.8M | 122.6M | 128.4M | 125.8M | 128.6M | 123.3M | 129.9M | 139.4M | 130.6M | 126.6M | 121.8M | 114.5M | 118.3M |
| COGS % of Revenue | 83.96% | 79.85% | 85.82% | 76.93% | 82.85% | 80.44% | 88.47% | 83.18% | 89.88% | 91.65% | 87.48% | 87.78% | 93.27% | 93.05% | 99.86% | 95.96% | 101.52% | 92.69% | 100.09% | 109.13% |
| Gross Profit | 18.8M | 24.3M | 16.5M | 31.3M | 22M | 26.5M | 14.7M | 22.2M | 13.8M | 11.7M | 18M | 17.9M | 8.9M | 9.7M | 200K | 5.5M | -1.9M | 9.6M | -100K | -9.9M |
| Gross Margin % | 16.04% | 20.15% | 14.18% | 23.07% | 17.15% | 19.56% | 11.53% | 16.82% | 10.12% | 8.35% | 12.52% | 12.22% | 6.73% | 6.95% | 0.14% | 4.04% | -1.52% | 7.31% | -0.09% | -9.13% |
| Gross Profit Growth % | -14.55% | -8.3% | 12.24% | 40.99% | 59.42% | 126.5% | -18.33% | 24.02% | 55.06% | 20.62% | 8900% | 225.45% | 568.42% | 1.04% | 300% | 155.56% | 92.08% | 155.49% | 99.06% | 44.69% |
| Operating Expenses | 7.6M | 29.4M | 18.8M | 2.9M | -9.2M | 15.7M | 3.9M | -2.7M | -18.2M | 1.8M | -5M | 4.5M | 4.1M | 6.1M | -47.6M | -2.1M | 6.1M | 48.7M | 10M | 16.2M |
| OpEx % of Revenue | 6.48% | 24.38% | 16.15% | 2.14% | -7.17% | 11.59% | 3.06% | -2.05% | -13.34% | 1.28% | -3.48% | 3.07% | 3.1% | 4.37% | -34.1% | -1.54% | 4.89% | 37.06% | 8.74% | 14.94% |
| Selling, General & Admin | 10.4M | 12.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 8.87% | 10.45% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 11.2M | -5.1M | -2.3M | 28.4M | 31.2M | 10.8M | 10.8M | 24.9M | 32M | 9.9M | 23M | 13.4M | 4.8M | 3.6M | 47.8M | 7.6M | -8M | -39.1M | -10.1M | -26.1M |
| Operating Margin % | 9.56% | -4.23% | -1.98% | 20.93% | 24.32% | 7.97% | 8.47% | 18.86% | 23.46% | 7.07% | 15.99% | 9.15% | 3.63% | 2.58% | 34.24% | 5.58% | -6.42% | -29.76% | -8.83% | -24.08% |
| Operating Income Growth % | -64.1% | -147.22% | -121.3% | 14.06% | -2.5% | 9.09% | -53.04% | 85.82% | 566.67% | 175% | -51.88% | 76.32% | 160% | 109.21% | 573.27% | 129.12% | 62.62% | 3.69% | -380.95% | -193.26% |
| EBITDA | 43.4M | 26.7M | 30.3M | 62.9M | 65.3M | 46.9M | 47.7M | 61.3M | 70.9M | 49.4M | 61.8M | 53.5M | 44.2M | 43.8M | 93.9M | 50.9M | 35.3M | 1.9M | 29.1M | 15.6M |
| EBITDA Margin % | 37.03% | 22.14% | 26.03% | 46.35% | 50.9% | 34.61% | 37.41% | 46.44% | 51.98% | 35.26% | 42.98% | 36.52% | 33.43% | 31.38% | 67.26% | 37.4% | 28.31% | 1.45% | 25.44% | 14.39% |
| EBITDA Growth % | -33.54% | -43.07% | -36.48% | 2.61% | -7.9% | -5.06% | -22.82% | 14.58% | 60.41% | 12.79% | -34.19% | 5.11% | 25.21% | 2205.26% | 222.68% | 226.28% | 53.48% | -51.28% | -31.04% | -57.14% |
| D&A (Non-Cash Add-back) | 32.2M | 31.8M | 32.6M | 34.5M | 34.1M | 36.1M | 36.9M | 36.4M | 38.9M | 39.5M | 38.8M | 40.1M | 39.4M | 40.2M | 46.1M | 43.3M | 43.3M | 41M | 39.2M | 41.7M |
| EBIT | 72.2M | 126.4M | 51.2M | 72.5M | 26.9M | 115.4M | -10.6M | 3.7M | 129.1M | -211.2M | -19.6M | 123.6M | 29.7M | 112.9M | 94.6M | 52.7M | 105.1M | 123.3M | 148.4M | 330.6M |
| Net Interest Income | -54.7M | -57.3M | 0 | -62.5M | -61.4M | -65.7M | -66.9M | -63.8M | -64.7M | -66.7M | -64.2M | -66M | -62.3M | -60M | -57.1M | -53.2M | -50.5M | -51M | -45.3M | -44.5M |
| Interest Income | 4.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 13M | 69.1M | -7.2M | 10M | -34.5M | 49.7M | -77.5M | -60.1M | 64.4M | -277.9M | -83.8M | 57.6M | -32.6M | 52.9M | 37.5M | -500K | 48.2M | 72.3M | 103.1M | 286.1M |
| Pretax Margin % | 11.09% | 57.3% | -6.19% | 7.37% | -26.89% | 36.68% | -60.78% | -45.53% | 47.21% | -198.36% | -58.28% | 39.32% | -24.66% | 37.89% | 26.86% | -0.37% | 38.65% | 55.02% | 90.12% | 263.93% |
| Income Tax | -11.5M | 11.1M | 3M | 4.4M | -4.9M | 6M | -10.7M | -11.8M | 26.7M | -42M | -19.7M | 10.3M | -3.9M | 13.7M | 13.9M | 400K | 8.2M | 28M | 30.6M | 64.9M |
| Effective Tax Rate % | -88.46% | 16.06% | -41.67% | 44% | 14.2% | 12.07% | 13.81% | 19.63% | 41.46% | 15.11% | 23.51% | 17.88% | 11.96% | 25.9% | 37.07% | -80% | 17.01% | 38.73% | 29.68% | 22.68% |
| Net Income | 24.6M | 40.5M | -10.4M | 4.5M | -29.9M | 44M | -66.6M | -48.2M | 37.8M | -236.9M | -81.4M | 47.4M | -32.9M | 30.5M | 24.3M | -1.2M | 40.1M | 41.8M | 70.2M | 219.7M |
| Net Margin % | 20.99% | 33.58% | -8.93% | 3.32% | -23.3% | 32.47% | -52.24% | -36.52% | 27.71% | -169.09% | -56.61% | 32.35% | -24.89% | 21.85% | 17.41% | -0.88% | 32.16% | 31.81% | 61.36% | 202.68% |
| Net Income Growth % | 182.27% | -7.95% | 84.38% | 109.34% | -179.1% | 118.57% | 18.18% | -201.69% | 214.89% | -876.72% | -434.98% | 4050% | -182.04% | -27.03% | -65.38% | -100.55% | 3184.62% | -76.02% | 437.5% | 681.22% |
| Net Income (Continuing) | 24.5M | 58M | -10.2M | 5.6M | -29.6M | 43.7M | -66.8M | -48.3M | 37.7M | -235.9M | -64.1M | 47.3M | -28.7M | 39.2M | 23.6M | -900K | 40M | 44.3M | 72.5M | 221.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 37.1M | 38.3M | 32.5M | 33.3M | 34.2M | 34.8M | 39.1M | 40.9M | 42.3M | 43.3M | 43.7M | 46.2M | 46.5M | 46.4M | 16.8M | 24.2M | 25.7M | 26.3M | 33.1M | 30.6M |
| EPS (Diluted) | 0.10 | 0.22 | -0.15 | -0.05 | -0.30 | 0.24 | -0.56 | -0.43 | 0.19 | -1.78 | -0.66 | 0.28 | -0.30 | 0.16 | 0.12 | -0.07 | 0.23 | 0.27 | 0.47 | 1.53 |
| EPS Growth % | 132.8% | -8.33% | 73.21% | 89.23% | -257.89% | 113.48% | 15.15% | -253.57% | 163.33% | -1212.5% | -650% | 525.53% | -230.43% | -40.74% | -74.47% | -104.3% | 670.72% | -77.69% | 361.11% | 610% |
| EPS (Basic) | 0.10 | 0.22 | -0.15 | -0.05 | -0.30 | 0.24 | -0.56 | -0.43 | 0.19 | -1.78 | -0.66 | 0.28 | -0.30 | 0.16 | 0.12 | -0.07 | 0.25 | 0.27 | 0.47 | 1.55 |
| Diluted Shares Outstanding | 139.21M | 137.92M | 137.93M | 137.95M | 137.75M | 137.93M | 137.41M | 137.59M | 138.63M | 139.03M | 139.39M | 139.55M | 137.95M | 137.44M | 137.08M | 136.84M | 150.42M | 137.78M | 139.44M | 140.78M |
| Basic Shares Outstanding | 138.6M | 137.92M | 137.93M | 137.95M | 137.75M | 137.78M | 137.41M | 137.59M | 138.47M | 139.03M | 139.39M | 139.39M | 137.95M | 137.11M | 136.84M | 136.84M | 145M | 137.26M | 138.93M | 139.26M |
| Dividend Payout Ratio | 67.89% | 40.74% | - | 368.89% | - | 37.5% | - | - | 90.21% | - | - | 70.68% | - | 107.54% | 135.39% | - | 90.02% | 70.57% | 42.59% | 14.34% |