KKR & Co.
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Q2 FY26 Apr 1 – Jun 30, 2026
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.7 | 100% | +13% |
| Operating expenses | −4.4 | 76% | |
| Claims & benefits | −3.3 | 58% | +3pp |
| Other | −1.0 | 18% | |
| Operating profit | 1.4 | 24% margin | −6pp |
| Interest & other costs | −0.4 | ||
| Tax | −0.2 | ||
| Net profit | 0.7 | 12% margin | +2pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 4.33 | 100% | |
| Net investment income | 1.90 | 44% | |
| Asset management | 1.32 | 30% | |
| Realized performance income | 0.76 | 18% | |
| Insurance | 0.26 | 6% | |
| Strategic holdings | 0.05 | 1% | |
| Dividends, net | 0.05 | 1% | |
| Eliminations | −0.01 | −0% | |
| Net revenue | 4.32 | 100% | +39% |
| Operating expenses | −3.86 | 89% | |
| Claims & benefits | −1.88 | 43% | |
| Policy acquisition | −0.09 | 2% | +0pp |
| Other | −1.88 | 44% | |
| Operating profit | 0.46 | 11% margin | −14pp |
| Other income, net | 0.13 | ||
| Tax | −0.19 | ||
| Net profit | 0.41 | 9% margin | +15pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.53 | 100% | +15% |
| Net investment income | 1.84 | 33% | |
| Asset management | 1.27 | 23% | |
| Fee related | 1.06 | 19% | |
| Other | 0.60 | 11% | |
| Transaction | 0.33 | 6% | |
| Insurance | 0.31 | 6% | |
| Strategic holdings | 0.13 | 2% | |
| Operating expenses | −3.33 | 60% | |
| Claims & benefits | −2.60 | 47% | +5pp |
| Interest | −0.72 | 13% | −2pp |
| Operating profit | 2.20 | 40% margin | +5pp |
| Interest & other costs | −0.94 | ||
| Tax | −0.36 | ||
| Net profit | 0.90 | 16% margin | +4pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.09 | 100% | +22% |
| Net investment income | 1.79 | 35% | |
| Asset management | 1.13 | 22% | |
| Fee related earnings | 0.89 | 17% | |
| Other revenue | 0.44 | 9% | |
| Performance income | 0.42 | 8% | |
| Insurance | 0.28 | 6% | |
| Realized investment income | 0.15 | 3% | |
| Operating expenses | −3.56 | 70% | |
| Claims & benefits | −2.79 | 55% | +2pp |
| Interest | −0.71 | 14% | −5pp |
| Other | −0.06 | 1% | +0pp |
| Operating profit | 1.53 | 30% margin | +1pp |
| Interest & other costs | −0.85 | ||
| Tax | −0.17 | ||
| Net profit | 0.51 | 10% margin | −6pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.11 | 100% | −68% |
| Net realized investment | 1.49 | 48% | |
| Performance income | 0.35 | 11% | |
| Dividends, net | 0.27 | 9% | |
| Fee related | 0.26 | 9% | |
| Total segment earnings | 0.26 | 8% | |
| Other | 0.26 | 8% | |
| Realized investment income | 0.22 | 7% | |
| Operating expenses | −2.34 | 75% | |
| Claims & benefits | −1.61 | 52% | −20pp |
| Policy acquisition | −0.08 | 2% | +2pp |
| Interest | −0.65 | 21% | +13pp |
| Operating profit | 0.77 | 25% margin | +11pp |
| Interest & other costs | −0.87 | ||
| Tax | −0.09 | ||
| Net profit | −0.19 | −6% margin | −13pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 6, 2026 Operating margin 24% Net profit $0.70B | Apr 1 – Jun 30, 2026 | Aug 6, 2026 | $5.7B | +13% | 24% | $0.70B | 12% |
| Q1 FY26 Jan 1 – Mar 31, 2026 reported May 8, 2026 Operating margin 11% Net profit $0.41B | Jan 1 – Mar 31, 2026 | May 8, 2026 | $4.3B | +39% | 11% | $0.41B | 9% |
| Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 7, 2025 Operating margin 40% Net profit $0.90B | Jul 1 – Sep 30, 2025 | Nov 7, 2025 | $5.5B | +15% | 40% | $0.90B | 16% |
| Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 8, 2025 Operating margin 30% Net profit $0.51B | Apr 1 – Jun 30, 2025 | Aug 8, 2025 | $5.1B | +22% | 30% | $0.51B | 10% |
| Q1 FY25 Jan 1 – Mar 31, 2025 reported May 9, 2025 Operating margin 25% Net profit −$0.19B | Jan 1 – Mar 31, 2025 | May 9, 2025 | $3.1B | −68% | 25% | −$0.19B | −6% |
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