Kkr (KKR) Operating Expenses (2010 - 2026)

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

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

Kkr has reported Operating Expenses for 17 years, with the latest figure at $3.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1.02% year-over-year to $3.9 billion; the trailing twelve-month figure through Mar 2026 stood at $19.1 billion (up 22.88% YoY), and the FY2025 full-year result was $19.0 billion, down 9.4% from the prior year.
  • Operating Expenses for Q1 2026 stood at $3.9 billion, down from $5.4 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.3 billion in Q1 2024, with the low at $564.7 million in Q2 2022.
  • Historically, Operating Expenses has averaged $3.7 billion across 5 years, with a median of $3.8 billion in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 71.65% — and 2023, when it soared 452.95%.
  • Kkr's Operating Expenses stood at $2.4 billion in 2022, then soared by 69.1% to $4.1 billion in 2023, then decreased by 26.6% to $3.0 billion in 2024, then jumped by 81.53% to $5.4 billion in 2025, then fell by 28.47% to $3.9 billion in 2026.
  • The last three Operating Expenses figures came in at $3.9 billion (Q1 2026), $5.4 billion (Q4 2025), and $5.0 billion (Q3 2025), per Business Quant data.

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 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 3.05 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