KKR & Co Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), KKR & Co Inc reported revenue of $19.5B (-11.0% year on year) and net income of $6.1B (+25.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Fees and Other | $4.1B | $3.7B | $3.0B | $2.8B |
| Capital Allocation-Based Income (Loss) | $3.8B | $3.6B | $2.8B | ($2.5B) |
| Net Premiums | $3.4B | $7.9B | $2.0B | $1.2B |
| Policy Fees | $1.4B | $1.4B | $1.3B | $1.3B |
| Net Investment Income | $7.7B | $6.6B | $5.5B | $4.1B |
| Net Investment-Related Gains (Losses) | $1.3B | ($1.4B) | ($235.3M) | ($1.3B) |
| Other Income | $256.8M | $238.4M | $176.4M | $139.1M |
| Total Revenues | $19.5B | $21.9B | $14.5B | $5.7B |
| Compensation and Benefits | $4.7B | $4.3B | $3.0B | $1.1B |
| Occupancy and Related Charges | $135.9M | $117.1M | $93.4M | $77.3M |
| General, Administrative and Other | $2.2B | $2.1B | $1.8B | $1.7B |
| Net Policy Benefits and Claims (including market risk benefit (gain) loss of $312,446, $(147,790) and $224,380, respectively; remeasurement (gain) loss on policy liabilities: $(82,691), $(74,645) and $15,497, respectively.) | $10.7B | $13.3B | $6.4B | $3.2B |
| Amortization of Policy Acquisition Costs | $309.3M | $174.2M | $87.3M | $11.0M |
| Interest Expense | $295.0M | $271.8M | $173.9M | $87.2M |
| Insurance Expenses | $594.7M | $741.8M | $826.0M | $565.3M |
| Total Expenses | $19.0B | $21.0B | $12.4B | $6.8B |
| Net Gains (Losses) from Investment Activities | $4.8B | $3.4B | $3.0B | ($1.7B) |
| Dividend Income | $1.4B | $1.1B | $791.2M | $1.3B |
| Interest Income | $3.2B | $3.5B | $3.4B | $1.9B |
| Interest Expense | ($2.8B) | ($3.0B) | ($2.8B) | ($1.6B) |
| Total Investment Income (Loss) | $6.6B | $5.0B | $4.4B | $1.4M |
| Income (Loss) Before Taxes | $7.1B | $5.9B | $6.6B | ($1.1B) |
| Income Tax Expense (Benefit) | $953.7M | $954.4M | $1.2B | ($35.7M) |
| Net Income (Loss) | $6.1B | $4.9B | $5.4B | ($1.0B) |
| Net Income (Loss) Attributable to Redeemable Noncontrolling Interests | $155.1M | $73.1M | ($5.4M) | $2.8M |
| Net Income (Loss) Attributable to Noncontrolling Interests | $3.6B | $1.8B | $1.6B | ($185.2M) |
| Net Income (Loss) Attributable to KKR & Co. Inc. | $2.4B | $3.1B | $3.7B | ($841.1M) |
| Convertible Preferred Stock Dividends | $118.6M | — | — | — |
| Net Income (Loss) Attributable to KKR & Co. Inc. Common Stockholders | $2.3B | $3.1B | $3.7B | ($910.1M) |
| Basic (in dollars per share) | $2.51 | $3.47 | $4.24 | -$1.21 |
| Diluted (in dollars per share) | $2.34 | $3.28 | $4.09 | -$1.21 |
| Basic (in shares) | 890.3M | 887.0M | 867.5M | 749.5M |
| Diluted (in shares) | 955.8M | 938.9M | 911.8M | 749.5M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Fees and Other | $1.2B | $1.2B | $1.1B | $924.4M |
| Capital Allocation-Based Income (Loss) | $1.0B | $841.9M | $638.8M | $910.7M |
| Net Premiums | $697.0M | $562.0M | $1.1B | $730.2M |
| Policy Fees | $339.8M | $325.7M | $339.7M | $335.0M |
| Net Investment Income | $2.0B | $2.0B | $2.0B | $1.9B |
| Net Investment-Related Gains (Losses) | $196.6M | $218.6M | $351.8M | $239.2M |
| Other Income | $68.6M | $65.3M | $61.0M | $86.0M |
| Total Revenues | $5.7B | $4.3B | $5.5B | $5.1B |
| Compensation and Benefits | $1.2B | $1.1B | $955.0M | $1.1B |
| Occupancy and Related Charges | $39.5M | $37.8M | $30.6M | $34.6M |
| General, Administrative and Other | $450.2M | $381.7M | $618.5M | $532.4M |
| Net Policy Benefits and Claims (including market risk benefit (gain) loss) | $3.3B | $1.9B | $3.1B | $2.8B |
| Amortization of Policy Acquisition Costs | $90.3M | $142.9M | $87.0M | $80.8M |
| Interest Expense | $74.6M | $73.9M | $72.1M | $70.8M |
| Policy and Other Operating Expense | $253.5M | $302.1M | — | — |
| Total Expenses | $5.4B | $3.9B | $5.0B | $4.7B |
| Net Gains (Losses) from Investment Activities | $797.3M | ($316.4M) | $1.2B | $747.7M |
| Dividend Income | $227.1M | $268.0M | $416.2M | $336.1M |
| Interest Income | $732.8M | $741.6M | $806.7M | $809.9M |
| Interest Expense | ($702.8M) | ($678.2M) | ($722.9M) | ($707.4M) |
| Total Investment Income (Loss) | $1.1B | $15.0M | $1.7B | $1.2B |
| Income (Loss) Before Taxes | $1.4B | $462.9M | $2.2B | $1.5B |
| Income Tax Expense (Benefit) | $246.1M | $185.4M | $359.7M | $174.3M |
| Net Income (Loss) | $1.1B | $277.5M | $1.8B | $1.4B |
| Net Income (Loss) Attributable to Redeemable Noncontrolling Interests | $54.3M | ($983.0K) | $34.1M | $68.2M |
| Net Income (Loss) Attributable to Noncontrolling Interests | $373.1M | ($126.7M) | $905.4M | $776.2M |
| Net Income (Loss) Attributable to KKR & Co. Inc. | $700.5M | $405.2M | $900.4M | $510.1M |
| Series D Mandatory Convertible Preferred Stock Dividends | $40.4M | $40.4M | $40.4M | $37.7M |
| Net Income (Loss) Attributable to KKR & Co. Inc. Common Stockholders | $660.1M | $364.8M | $859.9M | $472.4M |
| Basic (in dollars per share) | $0.74 | $0.41 | $0.97 | $0.53 |
| Diluted (in dollars per share) | $0.70 | $0.38 | $0.90 | $0.50 |
| Basic (in shares) | 895.6M | 891.1M | 891.0M | 890.7M |
| Diluted (in shares) | 945.6M | 954.2M | 955.8M | 954.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and Cash Equivalents | $16.9B | $14.9B | $20.3B | — |
| Restricted Cash and Cash Equivalents | $259.6M | $489.5M | $459.6M | — |
| Investments | $320.0B | $276.6B | $240.0B | — |
| Due from Affiliates | $2.3B | $1.9B | $1.4B | $1.7B |
| Reinsurance Recoverable | $48.0B | $45.3B | $36.6B | — |
| Insurance Intangible Assets | $5.9B | $5.2B | $4.5B | — |
| Other Assets | $13.0B | $11.8B | $9.9B | $11.7B |
| Separate Account Assets | $3.8B | $4.0B | $4.1B | — |
| Total Assets | $410.1B | $360.1B | $317.3B | $277.1B |
| Debt Obligations | $52.9B | $49.6B | $47.5B | — |
| Due to Affiliates | $442.4M | $524.5M | $538.1M | $466.1M |
| Accrued Expenses and Other Liabilities | $17.7B | $13.6B | $11.0B | $11.1B |
| Policy Liabilities (market risk benefit liabilities: $1,349,774 and $1,002,236, as of December 31, 2025 and December 31, 2024, respectively.) | $205.6B | — | — | — |
| Funds Withheld Payable at Interest | $46.8B | $44.0B | $34.3B | — |
| Reinsurance Liabilities | $1.2B | $1.2B | $1.4B | — |
| Separate Account Liabilities | $3.8B | $4.0B | $4.1B | — |
| Total Liabilities | $328.5B | $298.1B | $258.9B | $223.4B |
| Redeemable Noncontrolling Interests (See Note 23) | $2.7B | $1.6B | $615.4M | $152.1M |
| Preferred stock | $2.5B | $0 | $0 | — |
| Common Stock, $0.01 par value. $3,500,000,000 shares authorized, 891,451,844 and $888,232,174 shares, issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | 8.9M | 8.9M | 8.8M | 8.6M |
| Additional Paid-In Capital | $19.0B | $18.4B | $17.5B | $16.2B |
| Retained Earnings | $13.9B | $12.3B | $9.8B | $6.3B |
| Accumulated Other Comprehensive Income (Loss) ("AOCI") | ($4.6B) | ($7.0B) | ($4.5B) | ($5.9B) |
| Total KKR & Co. Inc. Stockholders' Equity | $30.9B | $23.7B | $22.9B | $17.7B |
| Noncontrolling Interests (See Note 22) | $48.0B | $36.7B | $34.9B | $35.8B |
| Total Equity | $78.9B | $60.4B | $57.8B | $53.5B |
| Total Liabilities and Equity | $410.1B | $360.1B | $317.3B | $277.1B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and Cash Equivalents | $21.1B | $19.2B | $22.7B | $17.8B |
| Restricted Cash and Cash Equivalents | $122.1M | $285.4M | $204.6M | $232.0M |
| Investments | $316.8B | $316.3B | $305.1B | $293.4B |
| Due from Affiliates | $2.7B | $2.7B | $2.1B | $2.0B |
| Reinsurance Recoverable | $50.7B | $50.5B | $46.5B | $45.7B |
| Insurance Intangible Assets | $6.0B | $5.9B | $5.6B | $5.5B |
| Other Assets | $13.2B | $13.6B | $12.4B | $12.6B |
| Separate Account Assets | $3.8B | $3.6B | $3.9B | $3.8B |
| Total Assets | $414.5B | $412.1B | $398.5B | $380.9B |
| Debt Obligations | $53.5B | $53.0B | $53.1B | $51.2B |
| Due to Affiliates | $388.0M | $415.3M | $424.4M | $453.0M |
| Accrued Expenses and Other Liabilities | $20.0B | $19.2B | $18.3B | $17.2B |
| Funding agreements | $61.5B | $60.9B | $58.4B | $55.3B |
| Funds Withheld Payable at Interest | $49.8B | $49.4B | $45.4B | $44.1B |
| Reinsurance Liabilities | $1.0B | $1.0B | $1.5B | $1.4B |
| Separate Account Liabilities | $3.8B | $3.6B | $3.9B | $3.8B |
| Total Liabilities | $334.0B | $331.3B | $323.1B | $309.9B |
| Redeemable noncontrolling interests (See Note 23) | $3.1B | $2.8B | $2.4B | $2.0B |
| Preferred stock | $2.5B | $2.5B | $2.5B | $2.5B |
| Common Stock | $9.0M | $8.9M | $8.9M | $8.9M |
| Additional Paid-In Capital | $18.8B | $19.0B | $18.9B | $18.6B |
| Retained Earnings | $14.6B | $14.1B | $12.9B | $12.2B |
| Accumulated Other Comprehensive Income (Loss) | ($4.9B) | ($5.1B) | ($4.6B) | ($5.2B) |
| Total KKR & Co. Inc. Stockholders' Equity | $31.0B | $30.5B | $29.7B | $28.2B |
| Noncontrolling Interests (See Note 22) | $46.3B | $47.5B | $43.3B | $40.8B |
| Total Equity | $77.4B | $78.0B | $73.0B | $69.0B |
| Total Liabilities and Equity | $414.5B | $412.1B | $398.5B | $380.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Income (Loss) | $6.1B | $4.9B | $5.4B | ($1.0B) |
| Equity-Based Compensation | $722.1M | $746.4M | $618.5M | $730.2M |
| Net Realized (Gains) Losses – Asset Management and Strategic Holdings | ($202.9M) | ($246.8M) | — | — |
| Change in Unrealized (Gains) Losses – Asset Management and Strategic Holdings | ($4.6B) | ($3.2B) | ($3.8B) | $3.0B |
| Capital Allocation-Based (Income) Loss – Asset Management and Strategic Holdings | ($3.8B) | ($3.6B) | — | — |
| Net Investment and Policy Liability-Related (Gains) Losses – Insurance | $3.3B | $3.3B | $2.6B | $1.0B |
| Net Accretion and Amortization | ($162.5M) | ($119.3M) | $68.3M | $364.2M |
| Interest Credited to Policyholder Account Balances (net of Policy Fees) – Insurance | $5.0B | $4.2B | $2.8B | $1.2B |
| Other Non-Cash Amounts | $443.7M | $312.8M | $101.5M | $77.8M |
| Reinsurance Transactions and Acquisitions, Net of Cash Provided – Insurance | $920.3M | $1.0B | $840.2M | $1.3B |
| Change in Premiums, Notes Receivable and Reinsurance Recoverable, Net of Reinsurance Premiums Payable – Insurance | $408.5M | $565.8M | $1.1B | $685.5M |
| Change in Deferred Policy Acquisition Costs – Insurance | ($1.1B) | ($840.7M) | ($534.5M) | ($483.4M) |
| Change in Policy Liabilities and Accruals, Net – Insurance | $1.8B | ($466.6M) | ($717.8M) | ($160.8M) |
| Change in Due from / to Affiliates | ($509.9M) | ($346.0M) | $402.5M | ($459.2M) |
| Change in Other Assets | ($729.7M) | ($1.0B) | $188.7M | $874.5M |
| Change in Accrued Expenses and Other Liabilities | $2.0B | $2.1B | $542.8M | ($3.1B) |
| Investments Purchased – Asset Management and Strategic Holdings | ($42.9B) | ($46.4B) | ($37.3B) | ($38.9B) |
| Proceeds from Investments – Asset Management and Strategic Holdings | $33.7B | $45.7B | $28.8B | $28.5B |
| Net Cash Provided (Used) by Operating Activities | $477.8M | $6.6B | ($1.5B) | ($5.3B) |
| Acquisitions, Net | ($146.3M) | $0 | $0 | ($1.7B) |
| Purchases of Fixed Assets | ($160.8M) | ($141.5M) | ($108.4M) | ($85.1M) |
| Investments Purchased – Insurance | ($92.8B) | ($75.8B) | ($29.5B) | ($47.2B) |
| Proceeds from Investments – Insurance | $76.8B | $56.9B | $25.7B | $35.4B |
| Other Investing Activities, Net | $9.0K | $34.7M | $59.5M | ($36.5M) |
| Net Cash Provided (Used) by Investing Activities | ($16.3B) | ($19.0B) | ($3.9B) | ($13.6B) |
| Mandatory Convertible Preferred Stock Dividends | ($118.6M) | $0 | ($51.7M) | ($69.0M) |
| Common Stock Dividends | ($649.9M) | ($612.1M) | ($563.3M) | ($444.3M) |
| Distributions to Redeemable Noncontrolling Interests | ($72.3M) | ($23.8M) | ($2.8M) | ($2.5M) |
| Contributions from Redeemable Noncontrolling Interests | $1.1B | $922.1M | $499.4M | $69.3M |
| Distributions to Noncontrolling Interests | ($6.1B) | ($8.2B) | ($7.0B) | ($7.0B) |
| Contributions from Noncontrolling Interests | $11.4B | $7.4B | $12.9B | $13.6B |
| Issuance of Series D Mandatory Convertible Preferred Stock (net of issuance costs) | $2.5B | — | — | — |
| 2024 GA Acquisition - Cash consideration | $0 | ($2.6B) | — | — |
| Net Delivery of Common Stock (Equity Incentive Plan) | ($126.3M) | ($125.0M) | ($41.7M) | ($65.7M) |
| Repurchases of Common Stock | ($3.4M) | $0 | ($289.8M) | ($346.7M) |
| Proceeds from Debt Obligations | $27.1B | $29.1B | $16.4B | $20.4B |
| Repayment of Debt Obligations | ($25.1B) | ($25.7B) | ($12.8B) | ($13.9B) |
| Financing Costs Paid | ($51.2M) | ($20.1M) | ($14.8M) | ($33.3M) |
| Additions to Contractholder Deposit Funds – Insurance | $28.5B | $28.5B | $19.3B | $22.6B |
| Withdrawals from Contractholder Deposit Funds – Insurance | ($21.5B) | ($20.6B) | ($17.4B) | ($13.3B) |
| Reinsurance Transactions, Net of Cash Provided – Insurance | $193.6M | $47.8M | $1.2B | $69.6M |
| Other Financing Activity, Net | $399.4M | ($1.1B) | $552.3M | $490.2M |
| Net Cash Provided (Used) by Financing Activities | $17.4B | $7.1B | $12.8B | $22.1B |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $155.6M | ($119.0M) | $25.4M | ($269.8M) |
| Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash | $1.8B | ($5.4B) | $7.4B | $2.9B |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net Income (Loss) | $1.4B | $277.5M | $3.9B | $2.0B |
| Equity-Based Compensation | $406.0M | $180.1M | $539.4M | $357.2M |
| Net Realized (Gains) Losses – Asset Management and Strategic Holdings | ($752.1M) | ($106.5M) | ($601.3M) | ($290.8M) |
| Change in Unrealized (Gains) Losses – Asset Management and Strategic Holdings | $271.2M | $422.9M | ($2.4B) | ($1.5B) |
| Capital Allocation-Based (Income) Loss – Asset Management and Strategic Holdings | ($1.9B) | ($841.9M) | ($2.7B) | ($2.1B) |
| Net Investment and Policy Liability-Related (Gains) Losses – Insurance | $973.7M | $403.7M | $2.7B | $2.3B |
| Net Accretion and Amortization | ($119.4M) | ($77.4M) | ($118.8M) | ($84.7M) |
| Interest Credited to Policyholder Account Balances (net of Policy Fees) – Insurance | $2.9B | $1.4B | $3.6B | $2.4B |
| Other Non-Cash Amounts | $218.0M | $61.5M | $418.6M | $346.2M |
| Reinsurance Transactions and Acquisitions, Net of Cash Provided – Insurance | $0 | $0 | $326.0M | $87.4M |
| Change in Premiums, Notes Receivable and Reinsurance Recoverable, Net of Reinsurance Premiums Payable – Insurance | $158.2M | $77.1M | $568.1M | $337.6M |
| Change in Deferred Policy Acquisition Costs – Insurance | ($423.4M) | ($190.7M) | ($785.2M) | ($483.7M) |
| Change in Policy Liabilities and Accruals, Net – Insurance | $491.6M | $253.0M | $847.0M | $85.7M |
| Change in Consolidation | ($15.4M) | $0 | ($145.0K) | ($145.0K) |
| Change in Due from / to Affiliates | ($487.3M) | ($431.1M) | ($293.7M) | ($138.9M) |
| Change in Other Assets | ($54.9M) | $467.3M | ($639.4M) | ($631.3M) |
| Change in Accrued Expenses and Other Liabilities | $842.6M | $8.0M | $2.1B | $1.6B |
| Investments Purchased – Asset Management and Strategic Holdings | ($17.3B) | ($7.9B) | ($28.3B) | ($17.9B) |
| Proceeds from Investments – Asset Management and Strategic Holdings | $18.4B | $7.7B | $26.3B | $16.5B |
| Net Cash Provided (Used) by Operating Activities | $5.0B | $1.7B | $5.4B | $3.0B |
| Acquisitions, Net | ($176.6M) | ($37.9M) | ($146.3M) | — |
| Purchases of Fixed Assets | ($76.0M) | ($27.4M) | ($126.9M) | ($88.2M) |
| Investments Purchased – Insurance | ($43.7B) | ($18.2B) | ($69.7B) | ($44.7B) |
| Proceeds from Investments – Insurance | $46.9B | $20.6B | $57.9B | $39.7B |
| Other Investing Activities, Net | $26.8M | $10.5M | $17.2M | $15.5M |
| Net Cash Provided (Used) by Investing Activities | $3.0B | $2.3B | ($12.0B) | ($5.0B) |
| Series D Mandatory Convertible Preferred Stock Dividends | ($80.9M) | ($40.4M) | ($78.2M) | ($37.7M) |
| Common Stock Dividends | ($339.9M) | ($164.8M) | ($485.1M) | ($320.2M) |
| Distributions to Redeemable Noncontrolling Interests | ($76.2M) | ($48.6M) | ($25.6M) | ($18.8M) |
| Contributions from Redeemable Noncontrolling Interests | $477.3M | $87.2M | $707.9M | $364.6M |
| Distributions to Noncontrolling Interests | ($3.7B) | ($1.6B) | ($3.1B) | ($1.9B) |
| Contributions from Noncontrolling Interests | $2.5B | $1.2B | $4.8B | $1.9B |
| Issuance of Series D Mandatory Convertible Preferred Stock (net of issuance costs) | $0 | $0 | $2.5B | $2.5B |
| Net Delivery of Common Stock (Equity Incentive Plan) | ($117.3M) | ($64.0K) | ($108.0M) | ($106.8M) |
| Repurchases of Common Stock | ($233.2M) | ($191.2M) | ($3.4M) | ($3.4M) |
| Proceeds from Debt Obligations | $9.8B | $3.9B | $20.0B | $9.6B |
| Repayment of Debt Obligations | ($8.5B) | ($3.3B) | ($17.8B) | ($9.6B) |
| Financing Costs Paid | ($28.5M) | ($5.0M) | ($28.9M) | ($20.2M) |
| Additions to Contractholder Deposit Funds – Insurance | $10.0B | $5.6B | $24.0B | $13.0B |
| Withdrawals from Contractholder Deposit Funds – Insurance | ($13.4B) | ($7.2B) | ($16.4B) | ($10.9B) |
| Reinsurance Transactions, Net of Cash Provided – Insurance | $401.0K | $401.0K | $0 | $0 |
| Other Financing Activity, Net | ($162.5M) | $51.0M | $120.3M | $100.4M |
| Net Cash Provided (Used) by Financing Activities | ($3.9B) | ($1.7B) | $14.0B | $4.6B |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | ($52.6M) | ($68.3M) | $162.3M | $143.2M |
| Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash | $4.1B | $2.3B | $7.5B | $2.7B |
KKR & Co Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.