KKR & Co. Inc. (KKR) Income Statement
KKR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKKR revenue and net income
Where KKR's revenue goes
2025Each bar shows an amount and its share of revenue. KKR kept 12.3% of revenue as net income.
KKR profit margins
KKR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.2% | +51.1% | +35.3% | +33.8% |
| Gross profit | −10.0% | +19.9% | +10.7% | — |
| Operating income | −47.1% | — | −17.7% | — |
| Net income | −22.9% | — | +3.4% | +17.1% |
| EPS (diluted) | +2.1% | +7.6% | +22.2% | +14.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KKR quarterly EPS vs estimates
KKR beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 9, 2026 (estimate $1.44).
KKR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.21B | $21.64B | $14.32B | $5.57B | $16.11B | $4.23B | $4.22B | $2.40B | $3.56B | $2.04B |
| Cost of revenue | $15.75B | $17.80B | $9.46B | $3.56B | $9.21B | $2.15B | $2.12B | $1.37B | $1.70B | $1.06B |
| Gross profit | $3.46B | $3.84B | $4.86B | $2.01B | $6.90B | $2.08B | $2.10B | $1.02B | $1.86B | $976.2M |
| Research & development | — | — | $0 | $0 | $1 | $1 | $1 | $0 | $0 | $0 |
| Sales, general & admin | $2.97B | $2.92B | $2.72B | $2.35B | $1.94B | $780.6M | $791.5M | $715.1M | $641.2M | $631.7M |
| Total operating expenses | $2.97B | $2.92B | $2.72B | $2.35B | $1.94B | $780.6M | $791.5M | $715.1M | $641.2M | $631.7M |
| Operating income | $490.2M | $926.2M | $2.14B | −$345.6M | $4.95B | $1.30B | $1.31B | $306.4M | $1.22B | $344.5M |
| Interest income | $1.85B | $3.46B | $3.37B | $1.4M | $8.83B | $1.40B | $1.42B | $1.40B | $1.24B | $1.02B |
| Interest expense | $3.07B | $3.31B | $2.95B | $1.64B | $1.13B | $969.9M | $1.04B | $876.0M | $808.9M | $790.0M |
| Income before taxes | $7.10B | $5.86B | $6.55B | −$292.2M | $13.85B | $5.73B | $5.17B | $2.26B | $2.78B | $975.2M |
| Income taxes | $953.7M | $954.4M | $1.20B | $125.4M | $1.39B | $609.1M | $528.8M | −$194.1M | $224.3M | $24.6M |
| Net income | $2.37B | $3.08B | $3.73B | −$521.7M | $4.73B | $2.00B | $2.01B | $1.13B | $1.02B | $309.3M |
| EBITDA | $10.17B | $9.17B | $9.50B | $1.35B | $14.98B | $6.70B | $6.21B | $3.13B | $3.59B | $1.77B |
| EPS (diluted) | $4.86 | $4.76 | $3.42 | $3.90 | $4.44 | $1.78 | $1.67 | $2.06 | $2.38 | $0.69 |
| Gross margin | 18.0% | 17.8% | 33.9% | 36.1% | 42.8% | 49.1% | 49.8% | 42.6% | 52.3% | 47.9% |
| Operating margin | 2.6% | 4.3% | 14.9% | −6.2% | 30.8% | 30.7% | 31.1% | 12.8% | 34.3% | 16.9% |
| Net margin | 12.3% | 14.2% | 26.1% | −9.4% | 29.4% | 47.3% | 47.5% | 47.2% | 28.6% | 15.2% |
| 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 | $5.66B | $4.25B | $5.69B | $5.46B | $5.00B | $3.05B | $3.20B | $4.73B | $4.11B | $9.60B | $4.37B | $3.27B |
| Cost of revenue | $4.59B | $3.07B | $4.54B | $4.12B | $3.95B | $3.14B | $2.25B | $3.85B | $3.13B | $8.57B | $3.26B | $1.67B |
| Gross profit | $1.07B | $1.18B | $1.14B | $1.35B | $1.05B | −$84.7M | $948.8M | $885.6M | $980.9M | $1.03B | $1.12B | $1.61B |
| Sales, general & admin | $489.7M | $419.6M | $784.1M | $834.9M | $358.6M | $334.8M | $656.0M | $821.6M | $753.4M | $684.6M | $754.9M | $605.3M |
| Total operating expenses | $743.2M | $721.6M | $784.1M | $834.9M | $725.5M | $622.0M | $656.0M | $821.6M | $753.4M | $684.6M | $754.9M | $605.3M |
| Operating income | $325.7M | $456.5M | $356.9M | $512.7M | $327.3M | −$706.7M | $292.7M | $64.0M | $227.4M | $342.0M | $361.3M | $1.00B |
| Interest income | $732.8M | $741.6M | $501.8M | $806.7M | $438.6M | $785.9M | $809.6M | $854.9M | $903.9M | $890.1M | $917.3M | $1.82B |
| Interest expense | $777.4M | $752.1M | $774.6M | $795.0M | $778.2M | $724.1M | $847.8M | $800.4M | $849.0M | $808.6M | $800.4M | $769.1M |
| Income before taxes | $1.37B | $462.9M | $2.60B | $2.20B | $1.53B | $771.1M | $1.64B | $1.64B | $1.21B | $1.36B | $1.88B | $2.82B |
| Income taxes | $246.1M | $185.4M | $333.1M | $359.7M | $174.3M | $86.6M | $258.3M | $209.9M | $217.0M | $269.2M | $286.6M | $437.2M |
| Net income | $700.5M | $405.2M | $1.15B | $900.4M | $510.1M | −$185.9M | $1.13B | $600.5M | $667.9M | $682.2M | $1.04B | $1.49B |
| EBITDA | $2.15B | $1.21B | $3.37B | $2.99B | $2.31B | $1.50B | $2.49B | $2.45B | $2.06B | $2.17B | $2.68B | $3.59B |
| EPS (diluted) | $1.48 | $1.39 | $1.12 | $1.41 | $1.18 | $1.15 | $1.32 | $1.38 | $1.09 | $0.97 | $1.00 | $0.88 |
| Gross margin | 18.9% | 27.7% | 20.1% | 24.7% | 21.0% | −2.8% | 29.6% | 18.7% | 23.9% | 10.7% | 25.5% | 49.1% |
| Operating margin | 5.8% | 10.7% | 6.3% | 9.4% | 6.5% | −23.1% | 9.1% | 1.4% | 5.5% | 3.6% | 8.3% | 30.6% |
| Net margin | 12.4% | 9.5% | 20.2% | 16.5% | 10.2% | −6.1% | 35.2% | 12.7% | 16.3% | 7.1% | 23.8% | 45.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KKR's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KKR financial results
In fiscal year 2025 (ended December 31, 2025), KKR reported revenue of $19.2 billion, down 11.2% from the year before. It had net income of $2.4 billion (down 22.9%), a net profit margin of 12.3%. Diluted earnings per share came to $4.86. Over five years revenue grew at an average rate of 35.3% a year.
See the KKR stock overview for the latest quote and news, or the KKR chart for price history and technical indicators.
KKR income statement FAQ
What is KKR's annual revenue?
KKR reported total revenue of $19.2 billion for fiscal year 2025, which ended on December 31, 2025. That was down 11.2% from $21.6 billion the previous year.
Is KKR profitable?
Yes. KKR reported net income of $2.4 billion in fiscal 2025, a net profit margin of 12.3%; its operating margin was 2.6%.
What is KKR's gross margin?
KKR's gross margin was 18.0% in fiscal 2025: for every $100 of revenue, KKR kept $18 after the direct cost of its products and services.
How fast is KKR growing?
Revenue grew 35.3% a year on average over the last five fiscal years, from $4.2 billion to $19.2 billion.
What are KKR's earnings per share?
KKR earned $4.86 per diluted share in fiscal 2025, compared with $4.76 a year earlier.
When will KKR report its next earnings?
KKR is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 before the market opens.
When does KKR's fiscal year end?
KKR's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.