KREF
KKR Real Estate Finance Trust Inc.
NYSE · Real Estate · REIT - Mortgage · US
$7.65
+1.19%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 414.2M | 458.0M | 592.6M | 660.2M | 436.5M |
| Cost of Revenue | 59.8M | 53.6M | 49.6M | 39.9M | 37.4M |
| Gross Profit | 354.4M | 404.4M | 543.0M | 620.3M | 399.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 18.6M | 40.7M | — | — | — |
| General & Admin Expense | 17.1M | 32.8M | — | — | — |
| Selling & Marketing Expense | 1.5M | 7.9M | — | — | — |
| Other Expenses | 226.7M | 92.0M | 97.0M | 193.9M | 130.0M |
| Total Operating Expenses | 245.3M | 132.8M | 97.0M | 193.9M | 130.0M |
| Cost and Expenses | 305.1M | 186.3M | 146.6M | 233.8M | 167.4M |
| Operating Income (EBIT) | 109.1M | 271.6M | 446.0M | 426.4M | 269.1M |
| Non-Operating | |||||
| Interest Income | 390.8M | 435.6M | 564.6M | 640.4M | 422.0M |
| Interest Expense | 295.3M | 323.0M | 412.9M | 458.8M | 236.1M |
| Net Interest Income | 95.5M | 112.6M | 151.7M | 181.6M | 185.9M |
| Other Non-Op Income/Expense | (297.9M) | (322.3M) | (411.4M) | (457.4M) | (231.4M) |
| Non-Operating Income (excl Interest) | 2.7M | (678.0K) | (1.5M) | (1.4M) | (4.7M) |
| EBT (Pre-Tax Income) | (188.8M) | (50.6M) | 34.6M | (30.9M) | 37.7M |
| Income Tax Expense | (156.0K) | (156.0K) | 248.0K | 710.0K | 58.0K |
| Bottom Line | |||||
| Net Income | (185.0M) | (47.1M) | 35.6M | (30.9M) | 38.1M |
| Earnings from Cont. Ops | (188.7M) | (50.5M) | 34.3M | (31.7M) | 37.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (186.3M) | (48.6M) | 34.4M | (32.6M) | 36.7M |
| Per Share | |||||
| Basic EPS | ($3.28) | ($1.05) | $0.19 | ($0.78) | $0.23 |
| Diluted EPS | ($3.28) | ($1.05) | $0.19 | ($0.78) | $0.23 |
| Revenue Per Share | $6.63 | $6.85 | $8.54 | $9.54 | $6.46 |
| Shares | |||||
| Basic Shares Outstanding | 62.5M | 66.8M | 69.4M | 69.2M | 67.6M |
| Diluted Shares Outstanding | 62.5M | 66.8M | 69.4M | 69.2M | 67.6M |
| Profitability Metrics | |||||
| EBITDA | 110.0M | 274.9M | 448.5M | 427.9M | 273.7M |
| D&A | 3.6M | 2.6M | 983.0K | — | — |
| EBIT | 106.4M | 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 Jun 1, 2026