KKR Real Estate Finance Trust (KREF) Net Cash Flow (2016 - 2026)
KKR Real Estate Finance Trust (KREF) posted Net Cash Flow of -$53.0 million for Q2 2026, down 205.97% on a QoQ basis from $50.0 million in Q1 2026, and down 2125.65% year-over-year from $2.6 million in Q2 2025.
KKR Real Estate Finance Trust (KREF) Net Cash Flow (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust's Net Cash Flow history runs 11 years deep, the most recent figure standing at -$53.0 million for Q2 2026.
- Quarterly Net Cash Flow fell 2125.65% year-over-year to -$53.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$25.6 million (down 843.86% YoY) and the FY2025 annual result came in at -$19.2 million, up 54.01% from the prior year.
- Net Cash Flow was -$53.0 million for Q2 2026 at KKR Real Estate Finance Trust, down from $50.0 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $97.2 million in Q3 2025 and bottomed at -$119.8 million in Q4 2025.
- A 5-year average of -$10.5 million and a median of -$3.1 million in 2024 frame the typical range for Net Cash Flow.
- Peak annual rise in Net Cash Flow reached 6451.37% in 2025, while the deepest fall reached 2506.57% in 2025.
- KKR Real Estate Finance Trust's Net Cash Flow stood at $60.0 million in 2022, then plunged by 55.51% to $26.7 million in 2023, then tumbled by 117.22% to -$4.6 million in 2024, then tumbled by 2506.57% to -$119.8 million in 2025, then surged by 55.77% to -$53.0 million in 2026.
- Business Quant data shows KREF's Net Cash Flow at -$53.0 million in Q2 2026, $50.0 million in Q1 2026, and -$119.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | -125.39 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 615.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | -8.67 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | -326.45 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 97.70 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | -146.67 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 359.25 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 221.27 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | -301.80 Mn |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 Mn | - | -52.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -52.99 Mn |
| Jun 30, 2026 | -52.99 Mn |
| Mar 31, 2026 | 50.01 Mn |
| Mar 31, 2026 | 50.01 Mn |
| Dec 31, 2025 | -119.80 Mn |
| Dec 31, 2025 | -119.80 Mn |
| Sep 30, 2025 | 97.18 Mn |
| Sep 30, 2025 | 97.18 Mn |
| Jun 30, 2025 | 2.62 Mn |
| Jun 30, 2025 | 2.62 Mn |
| Mar 31, 2025 | 797,000.00 |
| Mar 31, 2025 | 797,000.00 |
| Dec 31, 2024 | -4.60 Mn |
| Dec 31, 2024 | -4.60 Mn |
| Sep 30, 2024 | -1.53 Mn |
| Sep 30, 2024 | -1.53 Mn |
| Jun 30, 2024 | -6.11 Mn |
| Jun 30, 2024 | -6.11 Mn |
| Mar 31, 2024 | -29.53 Mn |
| Mar 31, 2024 | -29.53 Mn |