KKR Real Estate Finance Trust (KREF-PA) Net Income (2016 - 2026)

KKR Real Estate Finance Trust (KREF-PA) reported Net Income of -$57.2 million for Q1 2026, down 894.24% on a YoY basis from $7.2 million in Q1 2025, and down 112.18% quarter-over-quarter from -$26.9 million in Q4 2025.

KKR Real Estate Finance Trust (KREF-PA) Net Income (2016 - 2026) Analysis & Trends

KKR Real Estate Finance Trust has reported Net Income for 11 years, with the latest figure at -$57.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income fell 894.24% year-over-year to -$57.2 million; the trailing twelve-month figure through Mar 2026 stood at -$101.9 million (down 418.36% YoY), and the FY2025 full-year result was -$50.5 million, down 247.08% from the prior year.
  • Net Income for Q1 2026 stood at -$57.2 million, down from -$26.9 million in the prior quarter.
  • The five-year high for Net Income was $35.4 million in Q1 2022, with the low at -$57.2 million in Q1 2026.
  • Historically, Net Income has averaged -$4.0 million across 5 years, with a median of -$5.7 million in 2025.
  • Annual changes were most pronounced in 2025 — Net Income jumped 274.29% — and 2026, when it sank 894.24%.
  • KKR Real Estate Finance Trust's Net Income stood at $20.1 million in 2022, then tumbled by 165.24% to -$13.1 million in 2023, then soared by 249.13% to $19.6 million in 2024, then tumbled by 237.75% to -$26.9 million in 2025, then sank by 112.18% to -$57.2 million in 2026.
  • The last three Net Income figures came in at -$57.2 million (Q1 2026), -$26.9 million (Q4 2025), and $12.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 290.52 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 57.42 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 109.48 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -6.34 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 89.93 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 32.25 Mn
10 KKR Real Estate Finance Trust - - - -57.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -57.16 Mn
Dec 31, 2025 -26.94 Mn
Sep 30, 2025 12.77 Mn
Jun 30, 2025 -30.57 Mn
Mar 31, 2025 -5.75 Mn
Dec 31, 2024 19.56 Mn
Sep 30, 2024 -7.33 Mn
Jun 30, 2024 25.53 Mn
Mar 31, 2024 -3.43 Mn
Dec 31, 2023 -13.11 Mn
Sep 30, 2023 26.83 Mn
Jun 30, 2023 -20.12 Mn
Mar 31, 2023 -25.25 Mn
Dec 31, 2022 20.10 Mn
Sep 30, 2022 -42.92 Mn
Jun 30, 2022 25.00 Mn
Mar 31, 2022 35.41 Mn
Dec 31, 2021 40.34 Mn
Sep 30, 2021 35.67 Mn
Jun 30, 2021 31.08 Mn