KKR Real Estate Finance Trust (KREF) Non Operating Income (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Non Operating Income came in at $2.8 million in Q2 2026, down 51.49% YoY from $5.7 million in Q2 2025, and down 67.12% on a QoQ basis from $8.4 million in Q1 2026.
KKR Real Estate Finance Trust (KREF) Non Operating Income (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 11 years of Non Operating Income data on file, last reported at $2.8 million in Q2 2026.
- Quarterly Non Operating Income fell 51.49% year-over-year to $2.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $24.1 million (down 0.59% YoY) and the FY2025 annual result came in at $22.5 million, down 23.74% from the prior year.
- Non Operating Income fell to $2.8 million in Q2 2026, from $8.4 million in the prior quarter.
- In the past five years, Non Operating Income ranged from a high of $10.0 million in Q3 2024 to a low of $2.8 million in Q2 2026.
- A 5-year average of $5.8 million and a median of $5.6 million in 2023 frame the typical range for Non Operating Income.
- Annual changes were most pronounced in 2022 — Non Operating Income surged 456.23% — and 2026, when it slumped 51.49%.
- Tracing KREF's Non Operating Income over 5 years: stood at $4.8 million in 2022, then decreased by 13.28% to $4.2 million in 2023, then gained by 11.57% to $4.7 million in 2024, then jumped by 47.05% to $6.8 million in 2025, then tumbled by 59.62% to $2.8 million in 2026.
- The last three Non Operating Income figures came in at $2.8 million (Q2 2026), $8.4 million (Q1 2026), and $6.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 247.44 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 379.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 32.33 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | 2.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.77 Mn |
| Mar 31, 2026 | 8.41 Mn |
| Dec 31, 2025 | 6.85 Mn |
| Sep 30, 2025 | 6.08 Mn |
| Jun 30, 2025 | 5.70 Mn |
| Mar 31, 2025 | 3.88 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 10.02 Mn |
| Jun 30, 2024 | 7.22 Mn |
| Mar 31, 2024 | 7.62 Mn |
| Dec 31, 2023 | 4.17 Mn |
| Sep 30, 2023 | 5.44 Mn |
| Jun 30, 2023 | 6.97 Mn |
| Mar 31, 2023 | 4.61 Mn |
| Dec 31, 2022 | 4.81 Mn |
| Sep 30, 2022 | 3.85 Mn |
| Jun 30, 2022 | 4.11 Mn |
| Mar 31, 2022 | 6.43 Mn |
| Dec 31, 2021 | 7.38 Mn |
| Sep 30, 2021 | 2.29 Mn |