FS KKR Capital Corp. (FSK) Income Statement
FSK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFSK revenue and net income
Where FSK's revenue goes
2025Each bar shows an amount and its share of revenue. FSK kept 0.9% of revenue as net income.
FSK profit margins
FSK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.5% | +36.2% | +12.9% | +24.3% |
| Gross profit | +22.7% | +93.8% | +5.0% | +29.5% |
| Operating income | −4.6% | +71.0% | — | +29.3% |
| Net income | −98.1% | −50.7% | — | −11.7% |
| EPS (diluted) | −21.6% | −8.7% | −2.4% | +0.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FSK quarterly EPS vs estimates
FS KKR Capital beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.40).
FSK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | $1.11B | $1.23B | $463.0M | $1.08B | $639.0M | $779.0M | $394.0M | $419.0M | $387.0M |
| Cost of revenue | $356.0M | $446.0M | $451.0M | $351.0M | $12.0M | $276.0M | $342.0M | $173.0M | $202.2M | $70.0M |
| Gross profit | $815.0M | $664.0M | $779.0M | $112.0M | $1.08B | $639.0M | $779.0M | $394.0M | $419.0M | $317.0M |
| Research & development | — | — | $0 | $0 | $1 | $3 | $0 | $2 | $1 | $1 |
| Sales, general & admin | $37.0M | $37.0M | $42.0M | $42.0M | $34.0M | $22.0M | $20.0M | $12.0M | $10.6M | $13.0M |
| Total operating expenses | $235.0M | $56.0M | $58.0M | −$4.0M | $7.0M | $22.0M | $26.0M | $9.0M | $13.2M | $17.0M |
| Operating income | $580.0M | $608.0M | $721.0M | $116.0M | $1.53B | −$395.0M | $253.0M | $653.0M | $261.1M | $300.0M |
| Interest income | $1.14B | $1.38B | $1.48B | $768.0M | $794.0M | $510.0M | $164.0M | $353.0M | $21.8M | $87.0M |
| Interest expense | $464.0M | $446.0M | $451.0M | $351.0M | $231.0M | $170.0M | $164.0M | $84.0M | $74.0M | $70.0M |
| Income before taxes | $23.0M | $608.0M | $721.0M | $116.0M | $1.53B | −$395.0M | $253.0M | $576.0M | $187.2M | $300.0M |
| Income taxes | $12.0M | $23.0M | $25.0M | $24.0M | $12.0M | $10.0M | $7.0M | $7.0M | $5.3M | $6.0M |
| Net income | $11.0M | $585.0M | $696.0M | $92.0M | $1.51B | −$405.0M | $246.0M | $569.0M | $182.0M | $294.0M |
| EBITDA | $511.0M | $608.0M | $721.0M | $116.0M | $810.0M | −$174.0M | $253.0M | $653.0M | $261.1M | $300.0M |
| EPS (diluted) | $2.32 | $2.96 | $3.19 | $3.05 | $2.67 | $2.62 | $3.20 | $3.40 | $2.72 | $3.44 |
| Gross margin | 69.6% | 59.8% | 63.3% | 24.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 81.9% |
| Operating margin | 49.5% | 54.8% | 58.6% | 25.1% | 141.3% | −61.8% | 32.5% | 165.7% | 62.3% | 77.5% |
| Net margin | 0.9% | 52.7% | 56.6% | 19.9% | 140.1% | −63.4% | 31.6% | 144.4% | 43.4% | 76.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $290.0M | $105.0M | $209.0M | $344.0M | $0 | $242.0M | $295.0M | $288.0M | $230.0M | $297.0M | $243.0M | $393.0M |
| Cost of revenue | $101.0M | $76.0M | $81.0M | $116.0M | $125.0M | $108.0M | $111.0M | $118.0M | $115.0M | $112.0M | $114.0M | $117.0M |
| Gross profit | $189.0M | $29.0M | $128.0M | $228.0M | −$184.0M | $134.0M | $184.0M | $170.0M | $115.0M | $185.0M | $129.0M | $276.0M |
| Sales, general & admin | $11.0M | $7.0M | $7.0M | $10.0M | $11.0M | $9.0M | $9.0M | $10.0M | $10.0M | $11.0M | $10.0M | $11.0M |
| Total operating expenses | $67.0M | $374.0M | $126.0M | $10.0M | $14.0M | $14.0M | $14.0M | $10.0M | $10.0M | $12.0M | $14.0M | $11.0M |
| Operating income | $122.0M | −$345.0M | $2.0M | $218.0M | −$198.0M | $120.0M | $170.0M | $160.0M | $105.0M | $173.0M | $115.0M | $265.0M |
| Interest income | $217.0M | $224.0M | $256.0M | $285.0M | $298.0M | $302.0M | $324.0M | $356.0M | $353.0M | $350.0M | $368.0M | $31.0M |
| Interest expense | $101.0M | $105.0M | $115.0M | $116.0M | $125.0M | $108.0M | $111.0M | $118.0M | $115.0M | $112.0M | $114.0M | $117.0M |
| Income before taxes | −$34.0M | −$441.0M | −$113.0M | $218.0M | −$198.0M | $120.0M | $147.0M | $160.0M | $105.0M | $173.0M | $115.0M | $265.0M |
| Income taxes | — | — | $1.0M | $4.0M | $11.0M | — | $23.0M | — | $330.0M | $328.0M | $25.0M | $351.0M |
| Net income | −$34.0M | −$441.0M | −$114.0M | $214.0M | −$209.0M | $120.0M | $147.0M | $160.0M | $105.0M | $173.0M | $90.0M | $265.0M |
| EBITDA | $71.0M | −$336.0M | $5.0M | $218.0M | −$198.0M | $120.0M | $170.0M | $160.0M | $105.0M | $173.0M | $115.0M | $269.0M |
| EPS (diluted) | $0.43 | $0.42 | $0.48 | $0.57 | $0.62 | $0.65 | $0.66 | $0.77 | $0.77 | $0.76 | $0.75 | $0.84 |
| Gross margin | 65.2% | 27.6% | 61.2% | 66.3% | — | 55.4% | 62.4% | 59.0% | 50.0% | 62.3% | 53.1% | 70.2% |
| Operating margin | 42.1% | −328.6% | 1.0% | 63.4% | — | 49.6% | 57.6% | 55.6% | 45.7% | 58.2% | 47.3% | 67.4% |
| Net margin | −11.7% | −420.0% | −54.5% | 62.2% | — | 49.6% | 49.8% | 55.6% | 45.7% | 58.2% | 37.0% | 67.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FSK's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FSK financial results
In fiscal year 2025 (ended December 31, 2025), FS KKR Capital reported revenue of $1.2 billion, up 5.5% from the year before. It had net income of $11.0 million (down 98.1%), a net profit margin of 0.9%. Diluted earnings per share came to $2.32. Over five years revenue grew at an average rate of 12.9% a year.
See the FSK stock overview for the latest quote and news, or the FSK chart for price history and technical indicators.
FSK income statement FAQ
What is FS KKR Capital's annual revenue?
FS KKR Capital reported total revenue of $1.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 5.5% from $1.1 billion the previous year.
Is FS KKR Capital profitable?
Yes. FS KKR Capital reported net income of $11.0 million in fiscal 2025, a net profit margin of 0.9%; its operating margin was 49.5%.
What is FS KKR Capital's gross margin?
FS KKR Capital's gross margin was 69.6% in fiscal 2025: for every $100 of revenue, FS KKR Capital kept $70 after the direct cost of its products and services.
How fast is FS KKR Capital growing?
Revenue grew 12.9% a year on average over the last five fiscal years, from $639.0 million to $1.2 billion.
What are FS KKR Capital's earnings per share?
FS KKR Capital earned $2.32 per diluted share in fiscal 2025, compared with $2.96 a year earlier.
When will FS KKR Capital report its next earnings?
FS KKR Capital is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does FS KKR Capital's fiscal year end?
FS KKR Capital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.