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
DateValue
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