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Side-by-side financial comparison of Aurora Mobile Ltd (JG) 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 $25.0M, roughly 1.0× Aurora Mobile Ltd). Aurora Mobile Ltd runs the higher net margin — -1.4% vs -101.7%, a 100.3% gap on every dollar of revenue.

Aurora Innovation, Inc., doing business as Aurora, is a self-driving vehicle technology company based in Pittsburgh, Pennsylvania. Aurora has developed the Aurora Driver, a computer system that can be integrated into cars for autonomous driving. It was co-founded by Chris Urmson, the former chief technology officer of Google/Alphabet Inc.'s self-driving team, which became known as Waymo, as well as by Sterling Anderson, former head of Tesla Autopilot, and Drew Bagnell, former head of Uber's a...

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.

JG vs KREF — Head-to-Head

Bigger by revenue
KREF
KREF
1.0× larger
KREF
$25.8M
$25.0M
JG
Higher net margin
JG
JG
100.3% more per $
JG
-1.4%
-101.7%
KREF

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
JG
JG
KREF
KREF
Revenue
$25.0M
$25.8M
Net Profit
$-360.0K
$-26.2M
Gross Margin
66.3%
Operating Margin
-1.4%
-105.1%
Net Margin
-1.4%
-101.7%
Revenue YoY
-26.6%
Net Profit YoY
-229.6%
EPS (diluted)
$-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.

Revenue
JG
JG
KREF
KREF
Q4 25
$25.8M
Q3 25
$25.3M
Q2 25
$25.0M
$30.2M
Q1 25
$31.3M
Q4 24
$43.3M
$35.1M
Q3 24
$37.0M
Q2 24
$40.4M
Q1 24
$39.1M
Net Profit
JG
JG
KREF
KREF
Q4 25
$-26.2M
Q3 25
$13.8M
Q2 25
$-360.0K
$-29.7M
Q1 25
$-4.9M
Q4 24
$-965.0K
$20.3M
Q3 24
$-7.4M
Q2 24
$25.8M
Q1 24
$-3.1M
Gross Margin
JG
JG
KREF
KREF
Q4 25
Q3 25
Q2 25
66.3%
Q1 25
Q4 24
66.1%
Q3 24
Q2 24
Q1 24
Operating Margin
JG
JG
KREF
KREF
Q4 25
-105.1%
Q3 25
50.4%
Q2 25
-1.4%
-101.3%
Q1 25
-18.3%
Q4 24
-3.1%
55.8%
Q3 24
-19.6%
Q2 24
63.3%
Q1 24
-8.7%
Net Margin
JG
JG
KREF
KREF
Q4 25
-101.7%
Q3 25
54.4%
Q2 25
-1.4%
-98.5%
Q1 25
-15.5%
Q4 24
-2.2%
57.7%
Q3 24
-20.0%
Q2 24
63.9%
Q1 24
-7.9%
EPS (diluted)
JG
JG
KREF
KREF
Q4 25
$-0.49
Q3 25
$0.12
Q2 25
$-0.53
Q1 25
$-0.15
Q4 24
$0.22
Q3 24
$-0.19
Q2 24
$0.29
Q1 24
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JG
JG
KREF
KREF
Cash + ST InvestmentsLiquidity on hand
$16.7M
$84.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$1.2B
Total Assets
$53.2M
$6.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JG
JG
KREF
KREF
Q4 25
$84.6M
Q3 25
$204.1M
Q2 25
$16.7M
$107.7M
Q1 25
$106.4M
Q4 24
$16.3M
$104.9M
Q3 24
$108.8M
Q2 24
$107.2M
Q1 24
$106.5M
Stockholders' Equity
JG
JG
KREF
KREF
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$9.0M
$1.2B
Q1 25
$1.3B
Q4 24
$9.3M
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.4B
Total Assets
JG
JG
KREF
KREF
Q4 25
$6.5B
Q3 25
$6.5B
Q2 25
$53.2M
$6.8B
Q1 25
$6.6B
Q4 24
$51.8M
$6.4B
Q3 24
$6.8B
Q2 24
$7.1B
Q1 24
$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
JG
JG
KREF
KREF
Operating Cash FlowLast quarter
$795.0K
$72.3M
Free Cash FlowOCF − Capex
$772.0K
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JG
JG
KREF
KREF
Q4 25
$72.3M
Q3 25
$18.5M
Q2 25
$795.0K
$21.1M
Q1 25
$15.9M
Q4 24
$1.2M
$132.6M
Q3 24
$49.1M
Q2 24
$30.6M
Q1 24
$34.5M
Free Cash Flow
JG
JG
KREF
KREF
Q4 25
Q3 25
Q2 25
$772.0K
Q1 25
Q4 24
$553.0K
Q3 24
Q2 24
Q1 24
FCF Margin
JG
JG
KREF
KREF
Q4 25
Q3 25
Q2 25
3.1%
Q1 25
Q4 24
1.3%
Q3 24
Q2 24
Q1 24
Capex Intensity
JG
JG
KREF
KREF
Q4 25
Q3 25
Q2 25
0.1%
Q1 25
Q4 24
1.4%
Q3 24
Q2 24
Q1 24
Cash Conversion
JG
JG
KREF
KREF
Q4 25
Q3 25
1.34×
Q2 25
Q1 25
Q4 24
6.54×
Q3 24
Q2 24
1.19×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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