KKR Real Estate Finance Trust (KREF) Net Income (2016 - 2026)
KKR Real Estate Finance Trust (KREF) posted Net Income of -$117.3 million for Q2 2026, down 105.27% on a QoQ basis from -$57.2 million in Q1 2026, and down 283.78% year-over-year from $63.8 million in Q2 2025.
KKR Real Estate Finance Trust (KREF) Net Income (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust's Net Income history runs 11 years deep, the most recent figure standing at -$117.3 million for Q2 2026.
- Quarterly Net Income fell 283.78% year-over-year to -$117.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$188.7 million (down 683.01% YoY) and the FY2025 annual result came in at -$50.4 million, down 246.75% from the prior year.
- Net Income was -$117.3 million for Q2 2026 at KKR Real Estate Finance Trust, down from -$57.2 million in the prior quarter.
- Across five years, Net Income topped out at $35.4 million in Q1 2022 and bottomed at -$117.3 million in Q2 2026.
- A 5-year average of -$10.3 million and a median of -$6.5 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2025 — Net Income jumped 274.29% — and 2026, when it plunged 894.24%.
- KKR Real Estate Finance Trust's Net Income stood at $20.1 million in 2022, then sank by 165.24% to -$13.1 million in 2023, then surged by 249.13% to $19.6 million in 2024, then sank by 237.75% to -$26.9 million in 2025, then sank by 335.55% to -$117.3 million in 2026.
- Business Quant data shows KREF's Net Income at -$117.3 million in Q2 2026, -$57.2 million in Q1 2026, and -$26.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 290.52 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 57.42 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 109.48 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -6.34 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 89.90 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 | - | 32.25 Mn |
| 10 | KKR Real Estate Finance Trust | 446.61 Mn | 422.08 Mn | - | -117.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -117.33 Mn |
| Mar 31, 2026 | -57.16 Mn |
| Dec 31, 2025 | -26.94 Mn |
| Sep 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | -30.57 Mn |
| Mar 31, 2025 | -5.75 Mn |
| Dec 31, 2024 | 19.56 Mn |
| Sep 30, 2024 | -7.33 Mn |
| Jun 30, 2024 | 25.53 Mn |
| Mar 31, 2024 | -3.43 Mn |
| Dec 31, 2023 | -13.11 Mn |
| Sep 30, 2023 | 26.83 Mn |
| Jun 30, 2023 | -20.12 Mn |
| Mar 31, 2023 | -25.25 Mn |
| Dec 31, 2022 | 20.10 Mn |
| Sep 30, 2022 | -42.92 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 35.41 Mn |
| Dec 31, 2021 | 40.34 Mn |
| Sep 30, 2021 | 35.67 Mn |