Financial insights of KREF

MyFinsight

For the year ending 2025-12-31, KREF made $642,071K in revenue. -$69,885K in net income. Net profit margin of -10.88%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Interest income	435,599
Interest expense	322,961
Total net interest income	112,638
Revenue from real estate owned operations	16,522
Income (loss) from equity method investments	-512
Change in net assets of consolidated variable interest entity, cmbs trust	730
Gain (loss) on sale of investments	1,192
Gain (loss) on foreign currency translation	1,190
Gain (loss) on foreign currency forward contracts	-1,265
Other miscellaneous income	4,646
Total other income	22,503
Provision for credit losses, net	119,372
Expenses from real estate owned operations	25,675
Management fee to related parties	22,677
Incentive compensation to affiliate	0
General and administrative	18,062
Total operating expenses	185,786
Income (loss) before income taxes	-50,645
Income tax expense	-156
Net income (loss)	-50,489
Net income (loss) attributable to noncontrolling interests	-3,438
Net income (loss) attributable to kkr real estate finance trust inc. and subsidiaries	-47,051
Preferred stock dividends	21,304
Participating securities' share in earnings	1,530
Net income (loss) attributable to common stockholders	-69,885

Basic (in shares)	66,807,432
Basic (usd per share)	-1.05
Diluted (in shares)	66,807,432
Diluted (usd per share)	-1.05