KKR Real Estate Finance Trust (KREF) financials

Performance −25.0% 1Y

1Y: $9.83 on 8 Sept 2025 → $7.37. High $9.83 (8 Sept 2025), low $5.88 (27 Apr 2026).

Quarterly results

Q2 FY26: net profit down 291.4% against the same quarter last year.

USD · quarterly

Line item	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
Other income	10,015,000	4,657,000	3,875,000	5,700,000	6,080,000	6,848,000	8,410,000	2,765,000
Profit before tax	-7,237,000	19,601,000	-5,749,000	-30,573,000	12,772,000 +276%	-27,095,000 −238%	-57,159,000 −894%	-117,333,000 −284%
Tax rate	-1%	0%	0%	0%	0%	1%	0%	0%
Net profit	-7,388,000	20,255,000	-4,861,000	-29,726,000	13,778,000 +286%	-26,242,000 −230%	-56,140,000 −1055%	-116,355,000 −291%
EPS	-0.19	0.21	-0.15	-0.53	0.12	-0.49	-0.96	-1.95

How to read this

US dollars, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Balance sheet

Year ending	FY20	FY21	FY22	FY23	FY24	FY25
Equity capital	$556.0K	$613.0K	$691.0K	$693.0K	$686.0K	$644.0K
Reserves	-$65.70M	-$38.21M	-$141.50M	-$314.37M	-$370.47M	-$506.13M
Total liabilities	$3.92B	$5.34B	$6.23B	$6.14B	$4.95B	$5.24B
Total assets	$4.97B	$6.70B	$7.80B	$7.55B	$6.35B	$6.46B

How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.