KKR Real Estate Finance Trust (KREF) Consolidated Net Income (2016 - 2026)
KKR Real Estate Finance Trust (KREF) reported Consolidated 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) Consolidated Net Income (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust has reported Consolidated Net Income for 11 years, with the latest figure at -$57.2 million in Q1 2026.
- For the quarter ending Q1 2026, Consolidated 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.
- Consolidated Net Income for Q1 2026 stood at -$57.2 million, down from -$26.9 million in the prior quarter.
- The five-year high for Consolidated Net Income was $35.4 million in Q1 2022, with the low at -$57.2 million in Q1 2026.
- Historically, Consolidated 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 — Consolidated Net Income jumped 274.29% — and 2026, when it sank 894.24%.
- KKR Real Estate Finance Trust's Consolidated 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 Consolidated 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) | Consol Net Inc. (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 | 447.54 Mn | 369.35 Mn | - | -57.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |