Kkr (KKR) Operating Expenses (2010 - 2026)

Kkr (KKR) posted Operating Expenses of $3.9 billion for Q1 2026, down 28.47% on a QoQ basis from $5.4 billion in Q4 2025, and up 1.02% year-over-year from $3.8 billion in Q1 2025.

Kkr (KKR) Operating Expenses (2010 - 2026) Analysis & Trends

Kkr's Operating Expenses history runs 17 years deep, the most recent figure standing at $3.9 billion for Q1 2026.

  • Quarterly Operating Expenses rose 1.02% year-over-year to $3.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.1 billion (up 22.88% YoY) and the FY2025 annual result came in at $19.0 billion, down 9.4% from the prior year.
  • Operating Expenses was $3.9 billion for Q1 2026 at Kkr, down from $5.4 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.3 billion in Q1 2024 and bottomed at $564.7 million in Q2 2022.
  • A 5-year average of $3.7 billion and a median of $3.8 billion in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 71.65% — and 2023, when it soared 452.95%.
  • Kkr's Operating Expenses stood at $2.4 billion in 2022, then surged by 69.1% to $4.1 billion in 2023, then dropped by 26.6% to $3.0 billion in 2024, then soared by 81.53% to $5.4 billion in 2025, then decreased by 28.47% to $3.9 billion in 2026.
  • Business Quant data shows KKR's Operating Expenses at $3.9 billion in Q1 2026, $5.4 billion in Q4 2025, and $5.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Kkr 6.05 Bn 6.05 Bn - 3.87 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.87 Bn
Dec 31, 2025 5.41 Bn
Sep 30, 2025 5.02 Bn
Jun 30, 2025 4.75 Bn
Mar 31, 2025 3.83 Bn
Dec 31, 2024 2.98 Bn
Sep 30, 2024 4.75 Bn
Jun 30, 2024 3.95 Bn
Mar 31, 2024 9.31 Bn
Dec 31, 2023 4.06 Bn
Sep 30, 2023 2.32 Bn
Jun 30, 2023 3.12 Bn
Mar 31, 2023 2.86 Bn
Dec 31, 2022 2.40 Bn
Sep 30, 2022 1.67 Bn
Jun 30, 2022 564.70 Mn
Mar 31, 2022 1.36 Bn
Dec 31, 2021 2.94 Bn
Sep 30, 2021 3.19 Bn
Jun 30, 2021 1.99 Bn