FS KKR Capital (FSK) Operating Expenses (2021 - 2026)
FS KKR Capital (FSK) reported Operating Expenses of $187.0 million for Q1 2026, down 12.21% year-over-year from $213.0 million in Q1 2025, and down 4.1% quarter-over-quarter from $195.0 million in Q4 2025.
FS KKR Capital (FSK) Operating Expenses (2021 - 2026) Analysis & Trends
FS KKR Capital (FSK) has 6 years of Operating Expenses data on file, last reported at $187.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $187.0 million, down 12.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $817.0 million (down 6.74% YoY), and the FY2025 annual result was $843.0 million, down 4.75% from the prior year.
- Operating Expenses slipped to $187.0 million in Q1 2026 per FSK's latest filing, from $195.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $233.0 million in Q2 2023 and troughed at $160.0 million in Q4 2022.
- A 5-year average of $208.9 million and a median of $213.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses surged 40.62% in 2023, then slipped 12.21% in 2026.
- A 5-year view of Operating Expenses shows it stood at $160.0 million in 2022, then surged by 40.62% to $225.0 million in 2023, then dropped by 5.33% to $213.0 million in 2024, then slipped by 8.45% to $195.0 million in 2025, then retreated by 4.1% to $187.0 million in 2026.
- Business Quant data shows FSK's Operating Expenses at $187.0 million in Q1 2026, $195.0 million in Q4 2025, and $210.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | FS KKR Capital | 2.88 Bn | 2.75 Bn | - | 187.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 187.00 Mn |
| Dec 31, 2025 | 195.00 Mn |
| Sep 30, 2025 | 210.00 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 | 160.00 Mn |
| Sep 30, 2022 | 194.00 Mn |
| Jun 30, 2022 | 191.00 Mn |
| Mar 31, 2022 | 176.00 Mn |
| Dec 31, 2021 | 163.00 Mn |
| Sep 30, 2021 | 174.00 Mn |