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% on a QoQ basis from $195.0 million in Q4 2025.
FS KKR Capital (FSK) has 6 years of Operating Expenses data on file, last reported at $187.0 million in Q1 2026.
- Quarterly Operating Expenses fell 12.21% year-over-year to $187.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $817.0 million (down 6.74% YoY) and the FY2025 annual result came in at $843.0 million, down 4.75% from the prior year.
- Operating Expenses eased 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 $160.0 million in Q4 2022.
- The 5-year median for Operating Expenses is $213.0 million (2024), against an average of $208.9 million.
- The widest annual swing landed in 2023, when Operating Expenses soared 40.62%; it then retreated 12.21% in 2026.
- Tracing FSK's Operating Expenses over 5 years: stood at $160.0 million in 2022, then soared by 40.62% to $225.0 million in 2023, then decreased by 5.33% to $213.0 million in 2024, then retreated by 8.45% to $195.0 million in 2025, then declined by 4.1% to $187.0 million in 2026.
- Per Business Quant, the three latest FSK Operating Expenses figures stand at $187.0 million (Q1 2026), $195.0 million (Q4 2025), and $210.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | FS KKR Capital | 3.05 Bn | 2.92 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 |