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Side-by-side financial comparison of KAMADA LTD (KMDA) and KKR Real Estate Finance Trust Inc. (KREF). Click either name above to swap in a different company.
KAMADA LTD is the larger business by last-quarter revenue ($47.0M vs $25.8M, roughly 1.8× KKR Real Estate Finance Trust Inc.). KAMADA LTD runs the higher net margin — 11.3% vs -101.7%, a 113.0% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs -26.6%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% CAGR vs -18.8%).
Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.
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.
KMDA vs KREF — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.0M | $25.8M |
| Net Profit | $5.3M | $-26.2M |
| Gross Margin | 42.0% | — |
| Operating Margin | 16.6% | -105.1% |
| Net Margin | 11.3% | -101.7% |
| Revenue YoY | 12.6% | -26.6% |
| Net Profit YoY | 37.1% | -229.6% |
| EPS (diluted) | $0.09 | $-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 | — | $25.8M | ||
| Q3 25 | $47.0M | $25.3M | ||
| Q2 25 | $44.8M | $30.2M | ||
| Q1 25 | $44.0M | $31.3M | ||
| Q4 24 | — | $35.1M | ||
| Q3 24 | $41.7M | $37.0M | ||
| Q2 24 | $42.5M | $40.4M | ||
| Q1 24 | $37.7M | $39.1M |
| Q4 25 | — | $-26.2M | ||
| Q3 25 | $5.3M | $13.8M | ||
| Q2 25 | $7.4M | $-29.7M | ||
| Q1 25 | $4.0M | $-4.9M | ||
| Q4 24 | — | $20.3M | ||
| Q3 24 | $3.9M | $-7.4M | ||
| Q2 24 | $4.4M | $25.8M | ||
| Q1 24 | $2.4M | $-3.1M |
| Q4 25 | — | — | ||
| Q3 25 | 42.0% | — | ||
| Q2 25 | 42.3% | — | ||
| Q1 25 | 47.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 41.3% | — | ||
| Q2 24 | 44.6% | — | ||
| Q1 24 | 44.4% | — |
| Q4 25 | — | -105.1% | ||
| Q3 25 | 16.6% | 50.4% | ||
| Q2 25 | 15.8% | -101.3% | ||
| Q1 25 | 17.7% | -18.3% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | 12.7% | -19.6% | ||
| Q2 24 | 13.3% | 63.3% | ||
| Q1 24 | 10.7% | -8.7% |
| Q4 25 | — | -101.7% | ||
| Q3 25 | 11.3% | 54.4% | ||
| Q2 25 | 16.5% | -98.5% | ||
| Q1 25 | 9.0% | -15.5% | ||
| Q4 24 | — | 57.7% | ||
| Q3 24 | 9.3% | -20.0% | ||
| Q2 24 | 10.4% | 63.9% | ||
| Q1 24 | 6.3% | -7.9% |
| Q4 25 | — | $-0.49 | ||
| Q3 25 | $0.09 | $0.12 | ||
| Q2 25 | $0.13 | $-0.53 | ||
| Q1 25 | $0.07 | $-0.15 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | $0.07 | $-0.19 | ||
| Q2 24 | $0.08 | $0.29 | ||
| Q1 24 | $0.04 | $-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 | $72.0M | $84.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $265.2M | $1.2B |
| Total Assets | $377.2M | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $84.6M | ||
| Q3 25 | $72.0M | $204.1M | ||
| Q2 25 | $66.0M | $107.7M | ||
| Q1 25 | $76.3M | $106.4M | ||
| Q4 24 | — | $104.9M | ||
| Q3 24 | $72.0M | $108.8M | ||
| Q2 24 | $56.5M | $107.2M | ||
| Q1 24 | $48.2M | $106.5M |
| Q4 25 | — | $1.2B | ||
| Q3 25 | $265.2M | $1.2B | ||
| Q2 25 | $260.0M | $1.2B | ||
| Q1 25 | $252.0M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $255.3M | $1.4B | ||
| Q2 24 | $251.2M | $1.4B | ||
| Q1 24 | $251.2M | $1.4B |
| Q4 25 | — | $6.5B | ||
| Q3 25 | $377.2M | $6.5B | ||
| Q2 25 | $368.2M | $6.8B | ||
| Q1 25 | $375.1M | $6.6B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | $351.2M | $6.8B | ||
| Q2 24 | $351.0M | $7.1B | ||
| Q1 24 | $343.2M | $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 | $10.4M | $72.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.97× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $72.3M | ||
| Q3 25 | $10.4M | $18.5M | ||
| Q2 25 | $8.0M | $21.1M | ||
| Q1 25 | $-513.0K | $15.9M | ||
| Q4 24 | — | $132.6M | ||
| Q3 24 | $22.2M | $49.1M | ||
| Q2 24 | $14.0M | $30.6M | ||
| Q1 24 | $1.0M | $34.5M |
| Q4 25 | — | — | ||
| Q3 25 | 1.97× | 1.34× | ||
| Q2 25 | 1.09× | — | ||
| Q1 25 | -0.13× | — | ||
| Q4 24 | — | 6.54× | ||
| Q3 24 | 5.75× | — | ||
| Q2 24 | 3.15× | 1.19× | ||
| Q1 24 | 0.43× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
