KKR revenue and financials
$90.67Change from previous close: +0.79%Absolute change: +$0.71
In the fiscal year ended December 2025, KKR reported revenue of $19.46B (−11.04% year over year). Net income was $2.37B, a net margin of 12.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −11.04%
- 2025 vs 2024
- Net income growth
- −22.94%
- 2025 vs 2024
- Net margin
- 12.2%
- 2024: 14.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,253 | 1,747 | -4,900 | 2,390 | 439 | 2,550 | -112 | 1,876 | 3,358 | 1,527 | 1,107 | 1,971 |
| Depreciation and amortization | 27.1 | 36.2 | 25.8 | 26.8 | 24.3 | 23.3 | 22.9 | 23.2 | 22.3 | 22.3 | 22.1 | 22.7 |
| Capital expenditure | -48.6 | -27.4 | -33.8 | -38.7 | -67.4 | -20.8 | -53.2 | -44.6 | -26.5 | -17.3 | -29.2 | -17.4 |
| Investing cash flow | 635 | 2,348 | -4,238 | -7,006 | -1,890 | -3,147 | -2,253 | -5,119 | -5,477 | -6,199 | 813 | -1,077 |
| Financing cash flow | -2,186 | -1,693 | 3,411 | 9,428 | 991 | 3,603 | 2,894 | 2,077 | 2,061 | 45.0 | 7,143 | 104 |
| Dividends paid | -216 | -205 | -205 | -205 | -203 | -155 | -155 | -155 | -155 | -146 | -146 | -159 |
| Share repurchases | -42.0 | -191 | 0.0 | 0.0 | -3.4 | — | — | — | — | — | — | -17.6 |
| Debt issued | 5,922 | 3,911 | 7,094 | 10,363 | 4,958 | 4,660 | 7,946 | 7,320 | 8,154 | 5,717 | 4,755 | 2,917 |
| Debt repaid | -5,244 | -3,256 | -7,295 | -8,263 | -4,399 | -5,166 | -6,907 | -6,801 | -7,041 | -4,928 | -4,010 | -2,938 |
| Effect of exchange rates | 15.7 | -68.3 | -6.7 | 19.1 | 123 | 20.0 | -124 | 59.2 | -38.1 | -16.2 | 34.5 | -36.3 |
| Net change in cash | 1,717 | 2,334 | -5,735 | 4,830 | -337 | 3,026 | 406 | -1,107 | -95.8 | -4,643 | 9,097 | 962 |
| Free cash flow | 3,204 | 1,719 | -4,934 | 2,351 | 371 | 2,529 | -165 | 1,832 | 3,331 | 1,510 | 1,078 | 1,954 |