KKR Real Estate Finance Trust Inc.KREFEarnings & Financial Report
KKR Real Estate Finance Trust Inc. is a specialized real estate finance firm sponsored by global investment firm KKR. It primarily originates, acquires, and manages a portfolio of senior secured commercial real estate loans, mostly backed by high-quality institutional commercial properties across the United States, delivering stable risk-adjusted returns to investors via interest income from its diversified assets.
Revenue
$40.4M
Gross Profit
N/A
Operating Profit
$25.6M
Net Profit
$25.8M
Gross Margin
N/A
Operating Margin
63.3%
Net Margin
63.9%
YoY Growth
-8.0%
EPS
$0.29
KKR Real Estate Finance Trust Inc. Q2 FY2024 Financial Summary
KKR Real Estate Finance Trust Inc. reported revenue of $40.4M (down 8.0% YoY) for Q2 FY2024, with a net profit of $25.8M (up 229.0% YoY) (63.9% margin).
Key Financial Metrics
| Total Revenue | $40.4M |
|---|---|
| Net Profit | $25.8M |
| Gross Margin | N/A |
| Operating Margin | 63.3% |
| Report Period | Q2 FY2024 |
KKR Real Estate Finance Trust Inc. Annual Revenue by Year
KKR Real Estate Finance Trust Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $112.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $112.6M |
| 2024 | $151.7M |
| 2023 | $181.6M |
| 2022 | $185.9M |
KKR Real Estate Finance Trust Inc. Quarterly Revenue & Net Profit History
KKR Real Estate Finance Trust Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $25.8M | -26.6% | $-26.2M | -101.7% |
| Q3 FY2025 | $25.3M | -31.5% | $13.8M | 54.4% |
| Q2 FY2025 | $30.2M | -25.4% | $-29.7M | -98.5% |
| Q1 FY2025 | $31.3M | -19.9% | $-4.9M | -15.5% |
| Q4 FY2024 | $35.1M | -24.4% | $20.3M | 57.7% |
| Q3 FY2024 | $37.0M | -17.1% | $-7.4M | -20.0% |
| Q2 FY2024 | $40.4M | -8.0% | $25.8M | 63.9% |
| Q1 FY2024 | $39.1M | -15.9% | $-3.1M | -7.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $39.1M | $40.4M | $37.0M | $35.1M | $31.3M | $30.2M | $25.3M | $25.8M |
| YoY Growth | -15.9% | -8.0% | -17.1% | -24.4% | -19.9% | -25.4% | -31.5% | -26.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.26B | $7.06B | $6.77B | $6.35B | $6.55B | $6.76B | $6.48B | $6.46B |
| Liabilities | $5.88B | $5.62B | $5.36B | $4.95B | $5.19B | $5.46B | $5.20B | $5.24B |
| Equity | $1.38B | $1.39B | $1.36B | $1.35B | $1.31B | $1.24B | $1.23B | $1.17B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $34.5M | $30.6M | $49.1M | $132.6M | $15.9M | $21.1M | $18.5M | $72.3M |