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 -$121.8 million in Q2 2026, down 243.81% on a YoY basis from $84.7 million in Q2 2025, and down 96.82% quarter-over-quarter from -$61.9 million in Q1 2026.
Analysis
KKR Real Estate Finance Trust (KREF) Profit After Tax (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Profit After Tax for 11 consecutive years, with -$121.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax fell 243.81% year-over-year to -$121.8 million; the trailing twelve-month figure through Jun 2026 stood at -$201.9 million (down 421.52% YoY), and the FY2025 full-year result was -$69.9 million, down 296.36% from the prior year.
- Profit After Tax eased to -$121.8 million in Q2 2026 per KREF's latest filing, from -$61.9 million in the prior quarter.
- Across five years, Profit After Tax topped out at $35.5 million in Q1 2022 and bottomed at -$121.8 million in Q2 2026.
- Historically, Profit After Tax has averaged -$13.0 million across 5 years, with a median of -$11.8 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Profit After Tax soared 208.1% in 2024, then slumped 486.55% in 2026.
- Over 5 years, Profit After Tax stood at $20.3 million in 2022, then slumped by 192.18% to -$18.7 million in 2023, then jumped by 208.1% to $20.3 million in 2024, then plunged by 257.93% to -$32.0 million in 2025, then sank by 280.74% to -$121.8 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$121.8 million, -$61.9 million, and -$32.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 827.77 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 654.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 15.01 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 67.91 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 180.79 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 62.25 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -81.27 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 114.82 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 58.04 Mn |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | -121.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -121.79 Mn |
| Mar 31, 2026 | -61.88 Mn |
| Dec 31, 2025 | -31.99 Mn |
| Sep 30, 2025 | 13.78 Mn |
| Jun 30, 2025 | -35.43 Mn |
| Mar 31, 2025 | -10.55 Mn |
| Dec 31, 2024 | 20.26 Mn |
| Sep 30, 2024 | -12.99 Mn |
| Jun 30, 2024 | 25.83 Mn |
| Mar 31, 2024 | -8.74 Mn |
| Dec 31, 2023 | -18.74 Mn |
| Sep 30, 2023 | 27.14 Mn |
| Jun 30, 2023 | -25.77 Mn |
| Mar 31, 2023 | -30.81 Mn |
| Dec 31, 2022 | 20.33 Mn |
| Sep 30, 2022 | -42.92 Mn |
| Jun 30, 2022 | 25.06 Mn |
| Mar 31, 2022 | 35.47 Mn |
| Dec 31, 2021 | 40.34 Mn |
| Sep 30, 2021 | 35.67 Mn |