FS KKR Capital (FSK) Operating Expenses (2021 - 2026)
FS KKR Capital (FSK) posted quarterly 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 reported Operating Expenses for 6 consecutive years, with $187.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 12.21% year-over-year to $187.0 million; the TTM figure through Mar 2026 stood at $817.0 million (down 6.74% YoY), while the FY2025 annual figure was $843.0 million, down 4.75% from the prior year.
- Operating Expenses fell to $187.0 million in Q1 2026 per FSK's latest filing, from $195.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $233.0 million in Q2 2023 and bottomed at $187.0 million in Q1 2026.
- Historically, Operating Expenses has averaged $213.4 million across 5 years, with a median of $220.0 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 22.01% — and 2026, when it slipped 12.21%.
- FS KKR Capital's Operating Expenses stood at $220.0 million in 2022, then climbed by 2.27% to $225.0 million in 2023, then declined by 5.33% to $213.0 million in 2024, then dropped by 8.45% to $195.0 million in 2025, then decreased 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 | 179.54 Bn | 165.67 Bn | - | 4.62 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 3.18 Bn |
| 10 | FS KKR Capital | 3.34 Bn | 3.23 Bn | - | 179.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 179.00 Mn |
| 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 | 220.00 Mn |
| Sep 30, 2022 | 194.00 Mn |
| Jun 30, 2022 | 191.00 Mn |
| Mar 31, 2022 | 191.00 Mn |
| Dec 31, 2021 | 193.00 Mn |
| Sep 30, 2021 | 159.00 Mn |