KKR Real Estate Finance Trust (KREF) EBIT (2016 - 2026)

KKR Real Estate Finance Trust (KREF) posted EBIT of -$50.0 million for Q2 2026, down 498.38% on a QoQ basis from $12.6 million in Q1 2026, and down 197.09% year-over-year from $51.5 million in Q2 2025.

KKR Real Estate Finance Trust (KREF) EBIT (2016 - 2026) Analysis & Trends

KKR Real Estate Finance Trust's EBIT history runs 11 years deep, the most recent figure standing at -$50.0 million for Q2 2026.

  • Quarterly EBIT fell 197.09% year-over-year to -$50.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $106.4 million (down 68.18% YoY) and the FY2025 annual result came in at $272.3 million, down 39.15% from the prior year.
  • EBIT was -$50.0 million for Q2 2026 at KKR Real Estate Finance Trust, down from $12.6 million in the prior quarter.
  • Across five years, EBIT topped out at $145.6 million in Q3 2023 and bottomed at -$50.0 million in Q2 2026.
  • A 5-year average of $77.0 million and a median of $88.2 million in 2023 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2023 — EBIT surged 496.88% — and 2026, when it sank 197.09%.
  • KKR Real Estate Finance Trust's EBIT stood at $111.8 million in 2022, then fell by 5.49% to $105.6 million in 2023, then grew by 2.33% to $108.1 million in 2024, then tumbled by 55.17% to $48.5 million in 2025, then slumped by 203.25% to -$50.0 million in 2026.
  • Business Quant data shows KREF's EBIT at -$50.0 million in Q2 2026, $12.6 million in Q1 2026, and $48.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.56 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 382.38 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 598.90 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 215.55 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 188.28 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 167.51 Mn
10 KKR Real Estate Finance Trust 446.61 Mn 422.08 Mn - -50.03 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -50.03 Mn
Mar 31, 2026 12.56 Mn
Dec 31, 2025 48.45 Mn
Sep 30, 2025 95.46 Mn
Jun 30, 2025 51.53 Mn
Mar 31, 2025 78.97 Mn
Dec 31, 2024 108.08 Mn
Sep 30, 2024 95.91 Mn
Jun 30, 2024 134.42 Mn
Mar 31, 2024 109.09 Mn
Dec 31, 2023 105.62 Mn
Sep 30, 2023 145.62 Mn
Jun 30, 2023 95.73 Mn
Mar 31, 2023 80.89 Mn
Dec 31, 2022 111.75 Mn
Sep 30, 2022 24.40 Mn
Jun 30, 2022 69.73 Mn
Mar 31, 2022 67.87 Mn
Dec 31, 2021 71.04 Mn
Sep 30, 2021 65.61 Mn