KKR Real Estate Finance Trust (KREF) Retained Earnings (2019 - 2026)

KKR Real Estate Finance Trust (KREF) posted Retained Earnings of -$711.7 million for Q2 2026, down 142.39% on a QoQ basis from $1.7 billion in Q1 2026, and down 58.23% year-over-year from -$1.7 billion in Q2 2025.

KKR Real Estate Finance Trust (KREF) Retained Earnings (2019 - 2026) Analysis & Trends

KKR Real Estate Finance Trust's Retained Earnings history runs 8 years deep, the most recent figure standing at -$711.7 million for Q2 2026.

  • Quarterly Retained Earnings fell 58.23% year-over-year to -$711.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$711.7 million (down 58.23% YoY) and the FY2025 annual result came in at $1.7 billion, up 555.41% from the prior year.
  • Retained Earnings was -$711.7 million for Q2 2026 at KKR Real Estate Finance Trust, down from $1.7 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $1.8 billion in Q3 2023 and bottomed at -$711.7 million in Q2 2026.
  • A 5-year average of $485.4 million and a median of -$87.3 million in 2022 frame the typical range for Retained Earnings.
  • Peak annual rise in Retained Earnings reached 4914.8% in 2023, while the deepest fall reached 434.72% in 2023.
  • KKR Real Estate Finance Trust's Retained Earnings stood at $1.8 billion in 2022, then sank by 117.38% to -$314.4 million in 2023, then declined by 17.85% to -$370.5 million in 2024, then soared by 555.41% to $1.7 billion in 2025, then tumbled by 142.19% to -$711.7 million in 2026.
  • Business Quant data shows KREF's Retained Earnings at -$711.7 million in Q2 2026, $1.7 billion in Q1 2026, and $1.7 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 28.43 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 19.66 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 10.88 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 7.90 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -366.11 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -127.21 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 5.89 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -44.28 Mn
10 KKR Real Estate Finance Trust 446.61 Mn 422.08 Mn - -711.73 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -711.73 Mn
Mar 31, 2026 1.68 Bn
Dec 31, 2025 1.69 Bn
Sep 30, 2025 -458.05 Mn
Jun 30, 2025 -449.82 Mn
Mar 31, 2025 -397.98 Mn
Dec 31, 2024 -370.47 Mn
Sep 30, 2024 1.73 Bn
Jun 30, 2024 1.72 Bn
Mar 31, 2024 -340.44 Mn
Dec 31, 2023 -314.37 Mn
Sep 30, 2023 1.82 Bn
Jun 30, 2023 -257.51 Mn
Mar 31, 2023 1.81 Bn
Dec 31, 2022 1.81 Bn
Sep 30, 2022 -126.39 Mn
Jun 30, 2022 -48.16 Mn
Mar 31, 2022 -37.62 Mn
Dec 31, 2021 -38.21 Mn
Sep 30, 2021 1.34 Bn