vs

Side-by-side financial comparison of KKR Real Estate Finance Trust Inc. (KREF) and ORASURE TECHNOLOGIES INC (OSUR). Click either name above to swap in a different company.

ORASURE TECHNOLOGIES INC is the larger business by last-quarter revenue ($26.8M vs $25.8M, roughly 1.0× KKR Real Estate Finance Trust Inc.). ORASURE TECHNOLOGIES INC runs the higher net margin — -72.1% vs -101.7%, a 29.7% gap on every dollar of revenue. On growth, KKR Real Estate Finance Trust Inc. posted the faster year-over-year revenue change (-26.6% vs -28.5%). Over the past eight quarters, KKR Real Estate Finance Trust Inc.'s revenue compounded faster (-18.8% CAGR vs -29.7%).

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.

OraSure Technologies, Inc. is a Bethlehem, Pennsylvania–based company in the medical device industry. Their products include diagnostic testing kits. The company had recently developed OraQuick testing kit, the first over-the-counter home HIV test.

KREF vs OSUR — Head-to-Head

Bigger by revenue
OSUR
OSUR
1.0× larger
OSUR
$26.8M
$25.8M
KREF
Growing faster (revenue YoY)
KREF
KREF
+1.9% gap
KREF
-26.6%
-28.5%
OSUR
Higher net margin
OSUR
OSUR
29.7% more per $
OSUR
-72.1%
-101.7%
KREF
Faster 2-yr revenue CAGR
KREF
KREF
Annualised
KREF
-18.8%
-29.7%
OSUR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KREF
KREF
OSUR
OSUR
Revenue
$25.8M
$26.8M
Net Profit
$-26.2M
$-19.3M
Gross Margin
41.0%
Operating Margin
-105.1%
-75.1%
Net Margin
-101.7%
-72.1%
Revenue YoY
-26.6%
-28.5%
Net Profit YoY
-229.6%
-78.7%
EPS (diluted)
$-0.49
$-0.28

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
KREF
KREF
OSUR
OSUR
Q4 25
$25.8M
$26.8M
Q3 25
$25.3M
$27.1M
Q2 25
$30.2M
$31.2M
Q1 25
$31.3M
$29.9M
Q4 24
$35.1M
$37.4M
Q3 24
$37.0M
$39.9M
Q2 24
$40.4M
$54.3M
Q1 24
$39.1M
$54.1M
Net Profit
KREF
KREF
OSUR
OSUR
Q4 25
$-26.2M
$-19.3M
Q3 25
$13.8M
$-13.7M
Q2 25
$-29.7M
$-19.7M
Q1 25
$-4.9M
$-16.0M
Q4 24
$20.3M
$-10.8M
Q3 24
$-7.4M
$-4.5M
Q2 24
$25.8M
$-615.0K
Q1 24
$-3.1M
$-3.6M
Gross Margin
KREF
KREF
OSUR
OSUR
Q4 25
41.0%
Q3 25
43.5%
Q2 25
42.1%
Q1 25
41.1%
Q4 24
36.2%
Q3 24
42.8%
Q2 24
45.4%
Q1 24
44.5%
Operating Margin
KREF
KREF
OSUR
OSUR
Q4 25
-105.1%
-75.1%
Q3 25
50.4%
-59.4%
Q2 25
-101.3%
-57.7%
Q1 25
-18.3%
-59.3%
Q4 24
55.8%
-33.2%
Q3 24
-19.6%
-15.0%
Q2 24
63.3%
-5.0%
Q1 24
-8.7%
-13.1%
Net Margin
KREF
KREF
OSUR
OSUR
Q4 25
-101.7%
-72.1%
Q3 25
54.4%
-50.6%
Q2 25
-98.5%
-63.0%
Q1 25
-15.5%
-53.6%
Q4 24
57.7%
-28.8%
Q3 24
-20.0%
-11.3%
Q2 24
63.9%
-1.1%
Q1 24
-7.9%
-6.6%
EPS (diluted)
KREF
KREF
OSUR
OSUR
Q4 25
$-0.49
$-0.28
Q3 25
$0.12
$-0.19
Q2 25
$-0.53
$-0.26
Q1 25
$-0.15
$-0.21
Q4 24
$0.22
$-0.14
Q3 24
$-0.19
$-0.06
Q2 24
$0.29
$-0.01
Q1 24
$-0.13
$-0.05

Balance Sheet & Financial Strength

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

Metric
KREF
KREF
OSUR
OSUR
Cash + ST InvestmentsLiquidity on hand
$84.6M
$199.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$340.8M
Total Assets
$6.5B
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KREF
KREF
OSUR
OSUR
Q4 25
$84.6M
$199.3M
Q3 25
$204.1M
$216.5M
Q2 25
$107.7M
$234.6M
Q1 25
$106.4M
$247.6M
Q4 24
$104.9M
$267.8M
Q3 24
$108.8M
$278.6M
Q2 24
$107.2M
$267.4M
Q1 24
$106.5M
$263.8M
Stockholders' Equity
KREF
KREF
OSUR
OSUR
Q4 25
$1.2B
$340.8M
Q3 25
$1.2B
$362.0M
Q2 25
$1.2B
$380.7M
Q1 25
$1.3B
$396.3M
Q4 24
$1.3B
$410.3M
Q3 24
$1.4B
$425.6M
Q2 24
$1.4B
$425.8M
Q1 24
$1.4B
$426.3M
Total Assets
KREF
KREF
OSUR
OSUR
Q4 25
$6.5B
$403.2M
Q3 25
$6.5B
$423.1M
Q2 25
$6.8B
$445.0M
Q1 25
$6.6B
$457.6M
Q4 24
$6.4B
$479.7M
Q3 24
$6.8B
$464.1M
Q2 24
$7.1B
$466.3M
Q1 24
$7.3B
$467.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KREF
KREF
OSUR
OSUR
Operating Cash FlowLast quarter
$72.3M
$-9.0M
Free Cash FlowOCF − Capex
$-9.9M
FCF MarginFCF / Revenue
-37.1%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-53.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KREF
KREF
OSUR
OSUR
Q4 25
$72.3M
$-9.0M
Q3 25
$18.5M
$-10.1M
Q2 25
$21.1M
$-10.2M
Q1 25
$15.9M
$-19.7M
Q4 24
$132.6M
$109.0K
Q3 24
$49.1M
$12.7M
Q2 24
$30.6M
$7.8M
Q1 24
$34.5M
$6.7M
Free Cash Flow
KREF
KREF
OSUR
OSUR
Q4 25
$-9.9M
Q3 25
$-11.0M
Q2 25
$-12.2M
Q1 25
$-20.2M
Q4 24
$-347.0K
Q3 24
$12.5M
Q2 24
$6.2M
Q1 24
$5.2M
FCF Margin
KREF
KREF
OSUR
OSUR
Q4 25
-37.1%
Q3 25
-40.6%
Q2 25
-38.9%
Q1 25
-67.3%
Q4 24
-0.9%
Q3 24
31.4%
Q2 24
11.5%
Q1 24
9.5%
Capex Intensity
KREF
KREF
OSUR
OSUR
Q4 25
3.4%
Q3 25
3.4%
Q2 25
6.2%
Q1 25
1.4%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
3.0%
Q1 24
2.9%
Cash Conversion
KREF
KREF
OSUR
OSUR
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.

Revenue Breakdown by Segment

KREF
KREF

Segment breakdown not available.

OSUR
OSUR

Product And Services$24.9M93%
Other$1.9M7%

Related Comparisons