KKR Real Estate Finance Trust (KREF) Profit After Tax (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Profit After Tax came in at -$116.4 million in Q2 2026, down 280.58% YoY from $64.4 million in Q2 2025, and down 88.03% on a QoQ basis from -$61.9 million in Q1 2026.
KKR Real Estate Finance Trust (KREF) Profit After Tax (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has 11 years of Profit After Tax data on file, last reported at -$116.4 million in Q2 2026.
- Quarterly Profit After Tax fell 280.58% year-over-year to -$116.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$192.4 million (down 468.45% YoY) and the FY2025 annual result came in at -$50.5 million, down 486.27% from the prior year.
- Profit After Tax fell to -$116.4 million in Q2 2026, from -$61.9 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $35.4 million in Q1 2022 to a low of -$116.4 million in Q2 2026.
- A 5-year average of -$12.2 million and a median of -$10.9 million in 2024 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2024 — Profit After Tax surged 211.17% — and 2026, when it tumbled 1173.01%.
- Tracing KREF's Profit After Tax over 5 years: stood at $20.3 million in 2022, then tumbled by 164.51% to -$13.1 million in 2023, then surged by 211.17% to $14.6 million in 2024, then sank by 284.79% to -$26.9 million in 2025, then tumbled by 331.92% to -$116.4 million in 2026.
- The last three Profit After Tax figures came in at -$116.4 million (Q2 2026), -$61.9 million (Q1 2026), and -$26.9 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 827.77 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 654.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 15.01 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 67.91 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 180.79 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -81.27 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 114.82 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 58.04 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 89.19 Mn |
| 10 | KKR Real Estate Finance Trust | 456.61 Mn | 373.55 Mn | - | -116.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -116.36 Mn |
| Mar 31, 2026 | -61.88 Mn |
| Dec 31, 2025 | -26.94 Mn |
| Sep 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | -30.57 Mn |
| Mar 31, 2025 | -4.86 Mn |
| Dec 31, 2024 | 14.58 Mn |
| Sep 30, 2024 | -12.99 Mn |
| Jun 30, 2024 | 20.22 Mn |
| Mar 31, 2024 | -8.74 Mn |
| Dec 31, 2023 | -13.11 Mn |
| Sep 30, 2023 | 21.40 Mn |
| Jun 30, 2023 | -25.77 Mn |
| Mar 31, 2023 | -25.08 Mn |
| Dec 31, 2022 | 20.33 Mn |
| Sep 30, 2022 | -42.92 Mn |
| Jun 30, 2022 | 25.06 Mn |
| Mar 31, 2022 | 35.41 Mn |
| Dec 31, 2021 | 40.34 Mn |
| Sep 30, 2021 | 35.67 Mn |