KKR Real Estate Finance Trust (KREF) Interest Expenses (2016 - 2026)
KKR Real Estate Finance Trust (KREF) posted Interest Expenses of $67.3 million for Q2 2026, down 3.46% on a QoQ basis from $69.7 million in Q1 2026, and down 18.02% year-over-year from $82.1 million in Q2 2025.
KKR Real Estate Finance Trust (KREF) Interest Expenses (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust's Interest Expenses history runs 11 years deep, the most recent figure standing at $67.3 million for Q2 2026.
- Quarterly Interest Expenses fell 18.02% year-over-year to $67.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $295.3 million (down 17.63% YoY) and the FY2025 annual result came in at $323.0 million, down 21.78% from the prior year.
- Interest Expenses was $67.3 million for Q2 2026 at KKR Real Estate Finance Trust, down from $69.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $118.6 million in Q3 2023 and bottomed at $32.5 million in Q1 2022.
- A 5-year average of $87.2 million and a median of $86.6 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 226.49% — and 2024, when it slipped 25.36%.
- KKR Real Estate Finance Trust's Interest Expenses stood at $91.6 million in 2022, then gained by 29.41% to $118.5 million in 2023, then declined by 25.36% to $88.5 million in 2024, then retreated by 14.61% to $75.5 million in 2025, then dropped by 10.91% to $67.3 million in 2026.
- Business Quant data shows KREF's Interest Expenses at $67.3 million in Q2 2026, $69.7 million in Q1 2026, and $75.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 444.66 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 220.74 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 97.38 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 178.14 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 285.73 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 131.16 Mn |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 Mn | - | 67.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 67.31 Mn |
| Jun 30, 2026 | 67.31 Mn |
| 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 | 84.72 Mn |
| Mar 31, 2025 | 84.72 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 |