FS KKR Capital (FSK) Operating Expenses (2021 - 2026)
FS KKR Capital's Operating Expenses came in at $168 million for Q2 2026, down 25.3% from $225 million a year earlier.
FS KKR Capital (FSK) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, FS KKR Capital reported Operating Expenses of $820 million, down 6.5% year-over-year; for FY2024, it came in at $885 million, down 3.4% from FY2023.
- Operating Expenses carries a four-year compound annual growth rate of 31.3% (FY2020 to FY2024).
- Going back by year, Operating Expenses was $916 million in FY2023 (+22.0%), $751 million in FY2022 (+54.8%), $485 million in FY2021 (+62.8%) and $298 million in FY2020.
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q4 2021.
- Year-over-year, Operating Expenses increased in 1 of the last six quarters, with an average decline of 7.0%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2023 (growth of 32.4%), and the weakest in Q2 2026 (a decline of 25.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | FS KKR Capital | 3.07 Bn | 3.07 Bn | - | 168.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 168.00 Mn |
| Sep 30, 2025 | 214.00 Mn |
| Jun 30, 2025 | 225.00 Mn |
| Mar 31, 2025 | 213.00 Mn |
| Dec 31, 2024 | 213.00 Mn |
| Sep 30, 2024 | 226.00 Mn |
| Jun 30, 2024 | 224.00 Mn |
| Mar 31, 2024 | 222.00 Mn |
| Dec 31, 2023 | 225.00 Mn |
| Sep 30, 2023 | 231.00 Mn |
| Jun 30, 2023 | 233.00 Mn |
| Mar 31, 2023 | 227.00 Mn |
| Dec 31, 2022 | 205.00 Mn |
| Sep 30, 2022 | 194.00 Mn |
| Jun 30, 2022 | 176.00 Mn |
| Mar 31, 2022 | 176.00 Mn |
| Dec 31, 2021 | 163.00 Mn |
| Sep 30, 2021 | 159.00 Mn |
FS KKR Capital Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FSK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FSK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();