KKR Real Estate Finance Trust (KREF) EBIT (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly EBIT came in at -$50.0 million in Q2 2026, down 197.09% YoY from $51.5 million in Q2 2025, and down 498.38% on a QoQ basis from $12.6 million in Q1 2026.
KKR Real Estate Finance Trust (KREF) EBIT (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 11 years of EBIT data on file, last reported at -$50.0 million in 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 declined to -$50.0 million in Q2 2026, from $12.6 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $145.6 million in Q3 2023 to a low of -$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 slumped 197.09%.
- Tracing KREF's EBIT over 5 years: stood at $111.8 million in 2022, then dropped by 5.49% to $105.6 million in 2023, then advanced by 2.33% to $108.1 million in 2024, then sank by 55.17% to $48.5 million in 2025, then plunged by 203.25% to -$50.0 million in 2026.
- The last three EBIT figures came in at -$50.0 million (Q2 2026), $12.6 million (Q1 2026), and $48.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 2.16 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 365.81 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 288.38 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 148.42 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 145.66 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 55.05 Mn |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | -50.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |