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| Date | Value |
|---|---|
| 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 |