KKR Real Estate Finance Trust (KREF) Other Operating Expenses (2016 - 2026)
KKR Real Estate Finance Trust's Other Operating Expenses came in at $133.63 million for Q2 2026, up 116.4% from $61.76 million a year earlier and up 53.3% from the prior quarter.
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Analysis
KKR Real Estate Finance Trust (KREF) Other Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, KKR Real Estate Finance Trust reported Other Operating Expenses of $290.63 million, up 77.5% year-over-year; for FY2025, it came in at $167.72 million, up 30.8% from FY2024.
- Other Operating Expenses carries a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- Going back by year, Other Operating Expenses was $128.24 million in FY2024 (-40.3%), $214.97 million in FY2023 (+43.5%), $149.8 million in FY2022 (+485.3%) and $25.59 million in FY2021 (-65.5%).
- The Q2 2026 figure represents the highest quarterly Other Operating Expenses in data going back to Q1 2016.
- Year-over-year, Other Operating Expenses has increased for three consecutive quarters, with growth averaging 95.9% over the last eight quarters.
- The fastest year-over-year change in Other Operating Expenses over five years came in Q3 2022 (growth of 976.1%), and the weakest in Q3 2023 (a decline of 79.7%).
- Business Quant data shows KREF's Other Operating Expenses at $87.17 million (Q1 2026), $55.93 million (Q4 2025) and $13.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | KKR Real Estate Finance Trust | 364.35 Mn | -84.32 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 133.63 Mn |
| Mar 31, 2026 | 87.17 Mn |
| Dec 31, 2025 | 55.93 Mn |
| Sep 30, 2025 | 13.90 Mn |
| Jun 30, 2025 | 61.76 Mn |
| Mar 31, 2025 | 36.13 Mn |
| Dec 31, 2024 | 16.24 Mn |
| Sep 30, 2024 | 49.59 Mn |
| Jun 30, 2024 | 17.26 Mn |
| Mar 31, 2024 | 45.16 Mn |
| Dec 31, 2023 | 58.98 Mn |
| Sep 30, 2023 | 18.27 Mn |
| Jun 30, 2023 | 66.16 Mn |
| Mar 31, 2023 | 71.56 Mn |
| Dec 31, 2022 | 31.99 Mn |
| Sep 30, 2022 | 89.79 Mn |
| Jun 30, 2022 | 20.67 Mn |
| Mar 31, 2022 | 7.34 Mn |
| Dec 31, 2021 | 5.68 Mn |
| Sep 30, 2021 | 8.34 Mn |
API Access
KKR Real Estate Finance Trust Other Operating 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=other-operating-expenses&ticker=KREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=KREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();