KKR Real Estate Finance Trust (KREF) Non Operating Interest Expenses (2016 - 2026)
KKR Real Estate Finance Trust's Non Operating Interest Expenses came in at $11.82 million for Q2 2026, down 46.9% from $22.28 million a year earlier and down 22.4% from the prior quarter.
KKR Real Estate Finance Trust (KREF) Non Operating Interest Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KKR Real Estate Finance Trust reported Non Operating Interest Expenses of $67.51 million, down 39.3% year-over-year; for FY2025, it came in at $87.8 million, down 33.5% from FY2024.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of -7.2% (FY2020 to FY2025).
- Going back by year, Non Operating Interest Expenses was $132.03 million in FY2024 (-71.2%), $458.8 million in FY2023 (+94.3%), $236.1 million in FY2022 (+106.3%) and $114.44 million in FY2021 (-10.1%).
- The Q2 2026 figure represents the lowest quarterly Non Operating Interest Expenses since Q1 2018.
- Year-over-year, Non Operating Interest Expenses has declined for nine consecutive quarters, with an average decline of 57.9% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q1 2023 (growth of 226.5%), and the weakest in Q2 2025 (a decline of 79.5%).
- Business Quant data shows KREF's Non Operating Interest Expenses at $15.24 million (Q1 2026), $18.64 million (Q4 2025) and $21.82 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | KKR Real Estate Finance Trust | 364.35 Mn | -84.32 Mn | - | 11.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.82 Mn |
| Mar 31, 2026 | 15.24 Mn |
| Dec 31, 2025 | 18.64 Mn |
| Sep 30, 2025 | 21.82 Mn |
| Jun 30, 2025 | 22.28 Mn |
| Mar 31, 2025 | 25.06 Mn |
| Dec 31, 2024 | 29.91 Mn |
| Sep 30, 2024 | 34.01 Mn |
| Jun 30, 2024 | 108.82 Mn |
| Mar 31, 2024 | 112.48 Mn |
| Dec 31, 2023 | 118.53 Mn |
| Sep 30, 2023 | 118.62 Mn |
| Jun 30, 2023 | 115.68 Mn |
| Mar 31, 2023 | 105.98 Mn |
| Dec 31, 2022 | 91.59 Mn |
| Sep 30, 2022 | 67.31 Mn |
| Jun 30, 2022 | 44.73 Mn |
| Mar 31, 2022 | 32.46 Mn |
| Dec 31, 2021 | 30.27 Mn |
| Sep 30, 2021 | 29.83 Mn |
KKR Real Estate Finance Trust Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "KREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();