KREF
KKR Real Estate Finance Trust Inc.
NYSE · Real Estate · REIT - Mortgage · US
$5.58
+7.01%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 378.9M | 458.0M | 592.6M | 660.2M | 436.5M |
| Cost of Revenue | 60.1M | 53.6M | 49.6M | 39.9M | 37.4M |
| Gross Profit | 318.8M | 404.4M | 543.0M | 620.3M | 399.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 24.6M | 40.7M | 42.9M | 47.5M | 43.9M |
| General & Admin Expense | 23.1M | 32.8M | 34.7M | 39.4M | 36.1M |
| Selling & Marketing Expense | 1.5M | 7.9M | 8.3M | 8.1M | 7.8M |
| Other Expenses | 226.5M | 92.0M | 54.1M | 146.5M | 86.1M |
| Total Operating Expenses | 251.1M | 132.8M | 97.0M | 193.9M | 130.0M |
| Cost and Expenses | 311.2M | 186.3M | 146.6M | 233.8M | 167.4M |
| Operating Income (EBIT) | 67.8M | 271.6M | 446.0M | 426.4M | 269.1M |
| Non-Operating | |||||
| Interest Income | 353.0M | 435.6M | 564.6M | 640.4M | 422.0M |
| Interest Expense | 268.2M | 323.0M | 412.9M | 458.8M | 236.1M |
| Net Interest Income | 84.7M | 112.6M | 151.7M | 181.6M | 185.9M |
| Other Non-Op Income/Expense | (215.2M) | (322.3M) | (411.4M) | (457.4M) | (231.4M) |
| Non-Operating Income (excl Interest) | 1.9M | (678.0K) | (1.5M) | (1.4M) | (4.7M) |
| EBT (Pre-Tax Income) | (202.4M) | (50.6M) | 34.6M | (30.9M) | 37.7M |
| Income Tax Expense | 5.5M | (156.0K) | 248.0K | 710.0K | 58.0K |
| Bottom Line | |||||
| Net Income | (199.7M) | (47.1M) | 35.6M | (30.9M) | 38.1M |
| Earnings from Cont. Ops | (202.2M) | (50.5M) | 34.3M | (31.7M) | 37.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (200.8M) | (48.6M) | 13.1M | (53.9M) | 15.4M |
| Per Share | |||||
| Basic EPS | ($3.51) | ($1.05) | $0.19 | ($0.78) | $0.23 |
| Diluted EPS | ($3.51) | ($1.05) | $0.19 | ($0.78) | $0.23 |
| Revenue Per Share | $6.57 | $6.85 | $8.54 | $9.54 | $6.46 |
| Shares | |||||
| Basic Shares Outstanding | 57.6M | 66.8M | 69.4M | 69.2M | 67.6M |
| Diluted Shares Outstanding | 57.6M | 66.8M | 69.4M | 69.2M | 67.6M |
| Profitability Metrics | |||||
| EBITDA | 69.7M | 274.9M | 448.5M | 427.9M | 273.7M |
| D&A | 3.9M | 2.6M | 983.0K | — | — |
| EBIT | 65.9M | 272.3M | 447.5M | 427.9M | 273.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026