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% on a YoY basis from $5.7 million in Q2 2025, and down 67.12% quarter-over-quarter from $8.4 million in Q1 2026.
Analysis
KKR Real Estate Finance Trust (KREF) Non Operating Income (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Non Operating Income for 11 consecutive years, with $2.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Income fell 51.49% year-over-year to $2.8 million; the trailing twelve-month figure through Jun 2026 stood at $24.1 million (down 0.59% YoY), and the FY2025 full-year result was $22.5 million, down 23.74% from the prior year.
- Non Operating Income eased to $2.8 million in Q2 2026 per KREF's latest filing, from $8.4 million in the prior quarter.
- Across five years, Non Operating Income topped out at $10.0 million in Q3 2024 and bottomed at $2.8 million in Q2 2026.
- Historically, Non Operating Income has averaged $5.8 million across 5 years, with a median of $5.6 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Non Operating Income soared 456.23% in 2022, then tumbled 51.49% in 2026.
- Over 5 years, Non Operating Income stood at $4.8 million in 2022, then dropped by 13.28% to $4.2 million in 2023, then climbed by 11.57% to $4.7 million in 2024, then soared by 47.05% to $6.8 million in 2025, then sank by 59.62% to $2.8 million in 2026.
- According to Business Quant data, Non Operating Income over the past three periods registered $2.8 million, $8.4 million, and $6.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 247.44 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 379.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 32.33 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | -245,000.00 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | 2.77 Mn |
Historic Data
Download Data
Historic 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 |