KKR Real Estate Finance Trust (KREF-PA) Interest Expenses (2016 - 2026)
KKR Real Estate Finance Trust (KREF-PA) reported Interest Expenses of $69.7 million for Q1 2026, down 15.62% on a YoY basis from $82.6 million in Q1 2025, and down 7.72% quarter-over-quarter from $75.5 million in Q4 2025.
KKR Real Estate Finance Trust (KREF-PA) Interest Expenses (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust has reported Interest Expenses for 11 years, with the latest figure at $69.7 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 15.62% year-over-year to $69.7 million; the trailing twelve-month figure through Mar 2026 stood at $310.1 million (down 19.06% YoY), and the FY2025 full-year result was $323.0 million, down 21.78% from the prior year.
- Interest Expenses for Q1 2026 stood at $69.7 million, down from $75.5 million in the prior quarter.
- The five-year high for Interest Expenses was $118.6 million in Q3 2023, with the low at $32.5 million in Q1 2022.
- Historically, Interest Expenses has averaged $88.3 million across 5 years, with a median of $88.5 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 226.49% — and 2025, when it decreased 26.54%.
- KKR Real Estate Finance Trust's Interest Expenses stood at $91.6 million in 2022, then increased by 29.41% to $118.5 million in 2023, then slipped by 25.36% to $88.5 million in 2024, then declined by 14.61% to $75.5 million in 2025, then decreased by 7.72% to $69.7 million in 2026.
- The last three Interest Expenses figures came in at $69.7 million (Q1 2026), $75.5 million (Q4 2025), and $82.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 220.74 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 178.14 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 88.25 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 95.16 Mn |
| 10 | KKR Real Estate Finance Trust | - | - | - | 69.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.72 Mn |
| Mar 31, 2026 | 69.72 Mn |
| Dec 31, 2025 | 75.55 Mn |
| Dec 31, 2025 | 75.55 Mn |
| Sep 30, 2025 | 82.69 Mn |
| Sep 30, 2025 | 82.69 Mn |
| Jun 30, 2025 | 82.10 Mn |
| Jun 30, 2025 | 82.10 Mn |
| Mar 31, 2025 | 82.63 Mn |
| Mar 31, 2025 | 82.63 Mn |
| Dec 31, 2024 | 88.48 Mn |
| Dec 31, 2024 | 88.48 Mn |
| Sep 30, 2024 | 103.15 Mn |
| Sep 30, 2024 | 103.15 Mn |
| Jun 30, 2024 | 108.82 Mn |
| Jun 30, 2024 | 108.82 Mn |
| Mar 31, 2024 | 112.48 Mn |
| Mar 31, 2024 | 112.48 Mn |
| Dec 31, 2023 | 118.53 Mn |
| Dec 31, 2023 | 118.53 Mn |