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Side-by-side financial comparison of EVOLUTION PETROLEUM CORP (EPM) and KKR Real Estate Finance Trust Inc. (KREF). Click either name above to swap in a different company.
KKR Real Estate Finance Trust Inc. is the larger business by last-quarter revenue ($25.8M vs $20.7M, roughly 1.2× EVOLUTION PETROLEUM CORP). EVOLUTION PETROLEUM CORP runs the higher net margin — 5.2% vs -101.7%, a 106.9% gap on every dollar of revenue. On growth, EVOLUTION PETROLEUM CORP posted the faster year-over-year revenue change (2.0% vs -26.6%). Over the past eight quarters, EVOLUTION PETROLEUM CORP's revenue compounded faster (-5.2% CAGR vs -18.8%).
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.
EPM vs KREF — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.7M | $25.8M |
| Net Profit | $1.1M | $-26.2M |
| Gross Margin | 44.3% | — |
| Operating Margin | 3.2% | -105.1% |
| Net Margin | 5.2% | -101.7% |
| Revenue YoY | 2.0% | -26.6% |
| Net Profit YoY | 158.4% | -229.6% |
| EPS (diluted) | $0.03 | $-0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $20.7M | $25.8M | ||
| Q3 25 | $21.3M | $25.3M | ||
| Q2 25 | $21.1M | $30.2M | ||
| Q1 25 | $22.6M | $31.3M | ||
| Q4 24 | $20.3M | $35.1M | ||
| Q3 24 | $21.9M | $37.0M | ||
| Q2 24 | $21.2M | $40.4M | ||
| Q1 24 | $23.0M | $39.1M |
| Q4 25 | $1.1M | $-26.2M | ||
| Q3 25 | $824.0K | $13.8M | ||
| Q2 25 | $3.4M | $-29.7M | ||
| Q1 25 | $-2.2M | $-4.9M | ||
| Q4 24 | $-1.8M | $20.3M | ||
| Q3 24 | $2.1M | $-7.4M | ||
| Q2 24 | $1.2M | $25.8M | ||
| Q1 24 | $289.0K | $-3.1M |
| Q4 25 | 44.3% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 46.1% | — | ||
| Q1 25 | 40.7% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 46.2% | — | ||
| Q2 24 | 46.3% | — | ||
| Q1 24 | 45.2% | — |
| Q4 25 | 3.2% | -105.1% | ||
| Q3 25 | -0.4% | 50.4% | ||
| Q2 25 | 6.3% | -101.3% | ||
| Q1 25 | 7.0% | -18.3% | ||
| Q4 24 | -3.0% | 55.8% | ||
| Q3 24 | 8.5% | -19.6% | ||
| Q2 24 | 11.3% | 63.3% | ||
| Q1 24 | 9.1% | -8.7% |
| Q4 25 | 5.2% | -101.7% | ||
| Q3 25 | 3.9% | 54.4% | ||
| Q2 25 | 16.2% | -98.5% | ||
| Q1 25 | -9.7% | -15.5% | ||
| Q4 24 | -9.0% | 57.7% | ||
| Q3 24 | 9.4% | -20.0% | ||
| Q2 24 | 5.8% | 63.9% | ||
| Q1 24 | 1.3% | -7.9% |
| Q4 25 | $0.03 | $-0.49 | ||
| Q3 25 | $0.02 | $0.12 | ||
| Q2 25 | $0.10 | $-0.53 | ||
| Q1 25 | $-0.07 | $-0.15 | ||
| Q4 24 | $-0.06 | $0.22 | ||
| Q3 24 | $0.06 | $-0.19 | ||
| Q2 24 | $0.04 | $0.29 | ||
| Q1 24 | $0.01 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.8M | $84.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $67.5M | $1.2B |
| Total Assets | $169.3M | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8M | $84.6M | ||
| Q3 25 | $714.0K | $204.1M | ||
| Q2 25 | $2.5M | $107.7M | ||
| Q1 25 | $5.6M | $106.4M | ||
| Q4 24 | $11.7M | $104.9M | ||
| Q3 24 | $6.9M | $108.8M | ||
| Q2 24 | $6.4M | $107.2M | ||
| Q1 24 | $3.1M | $106.5M |
| Q4 25 | $67.5M | $1.2B | ||
| Q3 25 | $69.1M | $1.2B | ||
| Q2 25 | $71.8M | $1.2B | ||
| Q1 25 | $71.7M | $1.3B | ||
| Q4 24 | $76.3M | $1.3B | ||
| Q3 24 | $79.6M | $1.4B | ||
| Q2 24 | $81.1M | $1.4B | ||
| Q1 24 | $83.5M | $1.4B |
| Q4 25 | $169.3M | $6.5B | ||
| Q3 25 | $169.1M | $6.5B | ||
| Q2 25 | $160.3M | $6.8B | ||
| Q1 25 | $156.4M | $6.6B | ||
| Q4 24 | $160.2M | $6.4B | ||
| Q3 24 | $157.9M | $6.8B | ||
| Q2 24 | $162.9M | $7.1B | ||
| Q1 24 | $166.5M | $7.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.4M | $72.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 5.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.4M | $72.3M | ||
| Q3 25 | $7.8M | $18.5M | ||
| Q2 25 | $10.5M | $21.1M | ||
| Q1 25 | $7.3M | $15.9M | ||
| Q4 24 | $7.7M | $132.6M | ||
| Q3 24 | $7.6M | $49.1M | ||
| Q2 24 | $8.0M | $30.6M | ||
| Q1 24 | $3.4M | $34.5M |
| Q4 25 | 5.09× | — | ||
| Q3 25 | 9.47× | 1.34× | ||
| Q2 25 | 3.06× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | 3.69× | — | ||
| Q2 24 | 6.47× | 1.19× | ||
| Q1 24 | 11.64× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPM
| Crude Oil | $10.7M | 52% |
| Natural Gas Reserves | $7.4M | 36% |
| Natural Gas Liquids Reserves | $2.5M | 12% |
KREF
Segment breakdown not available.
