KKR Real Estate Finance Trust KREF
NYSE KREF
$7.47 -0.18 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

KKR Real Estate Finance Trust (KREF) Accumulated Expenses (2016 - 2025)

KKR Real Estate Finance Trust's (KREF) quarterly Accumulated Expenses came in at $12.9 million in Q4 2025, down 35.34% on a YoY basis from $19.9 million in Q4 2024, and up 1.68% quarter-over-quarter from $12.7 million in Q3 2025.

Analysis

KKR Real Estate Finance Trust (KREF) Accumulated Expenses (2016 - 2025) Analysis & Trends

KKR Real Estate Finance Trust (KREF) has reported Accumulated Expenses for 10 consecutive years, with $12.9 million the latest figure, recorded in Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses fell 35.34% year-over-year to $12.9 million; the trailing twelve-month figure through Dec 2025 stood at $12.9 million (down 35.34% YoY), and the FY2025 full-year result was $12.9 million, down 35.34% from the prior year.
  • Accumulated Expenses grew to $12.9 million in Q4 2025 per KREF's latest filing, from $12.7 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $22.8 million in Q3 2024 and bottomed at $5.4 million in Q2 2021.
  • Historically, Accumulated Expenses has averaged $14.6 million across 5 years, with a median of $14.8 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Accumulated Expenses surged 169.49% in 2022, then plunged 44.3% in 2025.
  • Over 5 years, Accumulated Expenses stood at $6.6 million in 2021, then soared by 169.49% to $17.9 million in 2022, then rose by 13.15% to $20.2 million in 2023, then retreated by 1.33% to $19.9 million in 2024, then sank by 35.34% to $12.9 million in 2025.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $12.9 million, $12.7 million, and $13.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn -
2 AGNC Investment 12.43 Bn 11.10 Bn -
3 Starwood Property Trust 5.84 Bn 3.67 Bn -
4 Rithm Capital 5.57 Bn 5.57 Bn -
5 Dynex Capital 2.88 Bn 2.27 Bn -
6 Two Harbors Investment 2.65 Bn 2.01 Bn -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn -
8 Armour Residential REIT 2.11 Bn 2.02 Bn -
9 Ellington Financial 1.71 Bn 1.46 Bn -
10 KKR Real Estate Finance Trust 468.79 Mn 385.73 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 12.89 Mn
Sep 30, 2025 12.68 Mn
Jun 30, 2025 13.04 Mn
Mar 31, 2025 14.76 Mn
Dec 31, 2024 19.94 Mn
Sep 30, 2024 22.76 Mn
Jun 30, 2024 16.70 Mn
Mar 31, 2024 19.25 Mn
Dec 31, 2023 20.21 Mn
Sep 30, 2023 19.39 Mn
Jun 30, 2023 18.27 Mn
Mar 31, 2023 21.70 Mn
Dec 31, 2022 17.86 Mn
Sep 30, 2022 14.82 Mn
Jun 30, 2022 9.84 Mn
Mar 31, 2022 9.53 Mn
Dec 31, 2021 6.63 Mn
Sep 30, 2021 7.50 Mn
Jun 30, 2021 5.43 Mn
Mar 31, 2021 7.87 Mn