Insurance was Kkr’s largest segment in fiscal 2025, bringing in $11.63B of $19.46B (60%).
| Segment | FY 2015 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Insurance | $5.38B | $8.69B | $14.67B | $11.63B | ||||
| Asset Management | — | — | — | — | ||||
| Asset Management & Strategic Holdings | $321.12M | $5.81B | $7.21B | $7.84B | ||||
| Private Markets | — | — | — | — | ||||
| Public Markets | — | — | — | — | ||||
| Capital Markets | — | — | — | — | ||||
| Principal Activities | — | — | — | — | ||||
| Total | $5.70B | $14.50B | $21.88B | $19.46B |
Kkr brought in $19.46B from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 11.0% from $21.88B in fiscal 2024. Insurance was the largest at $11.63B (59.7%), ahead of Asset Management & Strategic Holdings at $7.84B (40.3%).
Compared with fiscal 2024, Asset Management & Strategic Holdings grew 8.6% to $7.84B, while Insurance fell 20.7% to $11.63B. From fiscal 2022 to 2025, combined revenue from these segments grew from $5.70B to $19.46B, a compound annual growth rate of 50.6%. Insurance's share of the total fell from 94.4% to 59.7%.
Kkr (KKRS) reports its revenue by segment. In fiscal 2025, Insurance was its largest segment, bringing in $11.63B (59.7% of the total), followed by Asset Management & Strategic Holdings at $7.84B (40.3%).
Insurance was Kkr's largest segment in fiscal 2025, bringing in $11.63B, or 59.7% of the $19.46B total across its two segments.
Asset Management & Strategic Holdings grew faster than Insurance in fiscal 2025, up 8.6% from $7.21B to $7.84B. Insurance fell 20.7% to $11.63B.
Every figure comes from Kkr's annual financial filings, as reported. Each line keeps the name Kkr gives it, and years follow its fiscal calendar.
Kkr's revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.