KKR Real Estate Finance Trust (KREF) Non Operating Interest Expenses (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Non Operating Interest Expenses came in at $11.8 million in Q2 2026, down 46.95% on a YoY basis from $22.3 million in Q2 2025, and down 22.4% quarter-over-quarter from $15.2 million in Q1 2026.
Analysis
KKR Real Estate Finance Trust (KREF) Non Operating Interest Expenses (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Non Operating Interest Expenses for 11 consecutive years, with $11.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non Operating Interest Expenses fell 46.95% year-over-year to $11.8 million; the trailing twelve-month figure through Jun 2026 stood at $67.5 million (down 39.32% YoY), and the FY2025 full-year result was $87.8 million, down 33.5% from the prior year.
- Non Operating Interest Expenses slipped to $11.8 million in Q2 2026 per KREF's latest filing, from $15.2 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $118.6 million in Q3 2023 and bottomed at $11.8 million in Q2 2026.
- Historically, Non Operating Interest Expenses has averaged $60.8 million across 5 years, with a median of $39.4 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Non Operating Interest Expenses surged 226.49% in 2023, then slumped 79.52% in 2025.
- Over 5 years, Non Operating Interest Expenses stood at $91.6 million in 2022, then gained by 29.41% to $118.5 million in 2023, then slumped by 74.77% to $29.9 million in 2024, then tumbled by 37.69% to $18.6 million in 2025, then plunged by 36.56% to $11.8 million in 2026.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $11.8 million, $15.2 million, and $18.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 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 | - | 98.55 Mn |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | 11.82 Mn |
Historic Data
Download Data
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 |