KKR Real Estate Finance Trust (KREF) Interest Expenses (2016 - 2026)

KKR Real Estate Finance Trust (KREF) reported Interest Expenses of $69.7 million for Q1 2026, down 15.62% on a YoY basis from $82.6 million in Q1 2025, and down 7.72% quarter-over-quarter from $75.5 million in Q4 2025.

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

KKR Real Estate Finance Trust has reported Interest Expenses for 11 years, with the latest figure at $69.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses fell 15.62% year-over-year to $69.7 million; the trailing twelve-month figure through Mar 2026 stood at $310.1 million (down 19.06% YoY), and the FY2025 full-year result was $323.0 million, down 21.78% from the prior year.
  • Interest Expenses for Q1 2026 stood at $69.7 million, down from $75.5 million in the prior quarter.
  • The five-year high for Interest Expenses was $118.6 million in Q3 2023, with the low at $32.5 million in Q1 2022.
  • Historically, Interest Expenses has averaged $88.3 million across 5 years, with a median of $88.5 million in 2024.
  • Annual changes were most pronounced in 2023 — Interest Expenses jumped 226.49% — and 2025, when it decreased 26.54%.
  • KKR Real Estate Finance Trust's Interest Expenses stood at $91.6 million in 2022, then increased by 29.41% to $118.5 million in 2023, then slipped by 25.36% to $88.5 million in 2024, then declined by 14.61% to $75.5 million in 2025, then decreased by 7.72% to $69.7 million in 2026.
  • The last three Interest Expenses figures came in at $69.7 million (Q1 2026), $75.5 million (Q4 2025), and $82.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 1.27 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 731.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 328.91 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 220.74 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 178.14 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 88.25 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 95.16 Mn
10 KKR Real Estate Finance Trust 447.54 Mn 369.35 Mn - 69.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 69.72 Mn
Mar 31, 2026 69.72 Mn
Dec 31, 2025 75.55 Mn
Dec 31, 2025 75.55 Mn
Sep 30, 2025 82.69 Mn
Sep 30, 2025 82.69 Mn
Jun 30, 2025 82.10 Mn
Jun 30, 2025 82.10 Mn
Mar 31, 2025 82.63 Mn
Mar 31, 2025 82.63 Mn
Dec 31, 2024 88.48 Mn
Dec 31, 2024 88.48 Mn
Sep 30, 2024 103.15 Mn
Sep 30, 2024 103.15 Mn
Jun 30, 2024 108.82 Mn
Jun 30, 2024 108.82 Mn
Mar 31, 2024 112.48 Mn
Mar 31, 2024 112.48 Mn
Dec 31, 2023 118.53 Mn
Dec 31, 2023 118.53 Mn