KKR Real Estate Finance Trust financials
$6.38+1.92%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.5M | $0.00 | $0.00 | $0.00 | $112.3M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $1.8M |
| Gross profit | $85.5M | $0.00 | $0.00 | $0.00 | $112.3M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $1.8M |
| Gross margin | 100.0% | — | — | — | 100.0% | — | — | — | — | — | — | 100.0% |
| Operating income | -$8.0M | -$91.8M | -$37.1M | -$18.6M | $45.8M | -$41.0M | $4.3M | -$54.3M | -$22.1M | -$50.1M | — | -$21.2M |
| Net income | -$121.8M | -$61.9M | -$32.0M | $8.1M | -$35.4M | -$10.6M | $14.6M | -$13.0M | $20.2M | -$8.7M | — | $21.4M |
| Net margin | −142.5% | — | — | — | −31.6% | — | — | — | — | — | — | 1192.3% |
| Diluted EPS | $-1.95 | $-0.96 | $-0.49 | $0.12 | $-0.53 | $-0.15 | $0.21 | $-0.19 | $0.29 | $-0.13 | — | $0.31 |
| EBITDA | -$7.0M | -$90.8M | -$36.2M | -$17.9M | $46.3M | -$40.5M | $4.8M | -$53.8M | -$22.1M | -$50.1M | $0.00 | -$21.2M |
| Operating cash flow | $14.6M | $13.1M | $16.7M | $18.5M | $21.1M | $15.9M | $18.3M | $49.1M | $30.6M | $34.5M | $36.8M | $41.8M |
| Free cash flow | -$7.4M | $10.2M | $14.0M | $17.5M | $20.5M | $14.6M | $18.3M | $48.4M | $25.4M | $32.4M | $36.4M | $41.6M |
| Diluted shares | 62.5M | 64.7M | 65.4M | 65.9M | 67.2M | 68.8M | 69.3M | 69.4M | 69.4M | 69.4M | 69.4M | 69.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $83.1M | $135.4M | $84.6M | $204.1M | $107.7M | $106.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $4.31B | $4.50B | $4.69B | $4.66B | $4.93B | $5.14B |
| Total assets | $6.56B | $6.95B | $6.46B | $6.48B | $6.76B | $6.55B |
| Total liabilities | $5.57B | $5.80B | $5.24B | $5.20B | $5.46B | $5.19B |
| Shareholders' equity | $990.3M | $1.15B | $1.23B | $1.28B | $1.29B | $1.36B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology