Opening its latest reports…Reading every line of the four statements…Putting it into plain words…
KKRKKR & Co. Inc.
The four financial statements
Every company that sells shares in the US files four statements with the SEC. Together they show whether KKR & Co. made money, what it owns and owes, where its cash went, and what changed for its shareholders. Below is every line exactly as KKR & Co. filed it, with what each one means in plain English.
As filed with the SEC on Feb 27, 2026 · the full report · SEC's figures viewer
Income statement · also called the statement of operations, statement of earnings or profit and loss
Did it make money?
Read it from the top down. It starts with everything customers paid (sales), takes away the cost of making what was sold, then the costs of running the company, then interest and tax. What is left at the bottom is profit (net income), the part that belongs to shareholders. It covers a stretch of time: a year, or a quarter.
- People usually check: Are sales growing compared with a year earlier?
- People usually check: How much of each dollar of sales is left at each step (the margins)?
- People usually check: Is profit growing faster or slower than sales?
Point at or tap a bar to see the lines inside it.
Out of every $100 of sales
- costs, and money set aside for bad loans: $64
- income tax: $24
- kept as profit: $12.2
Every line, explained
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Revenues | |||
| $3.4B▼ 57% | $7.9B | $2.0B | |
| $7.7B▲ 17% | $6.6B | $5.5B | |
| $19.5B▼ 11% | $21.9B | $14.5B | |
| Expenses | |||
| $19.0B▼ 9.4% | $21.0B | $12.4B | |
| Investment Income (Loss) - Asset Management and Strategic Holdings | |||
| $4.8B▲ 39% | $3.4B | $3.0B | |
| $1.4B▲ 31% | $1.1B | $791.2M | |
| $3.2B▼ 8.0% | $3.5B | $3.4B | |
| −$2.8B▲ 8.5% | −$3.0B | −$2.8B | |
| $6.6B▲ 34% | $5.0B | $4.4B | |
| $7.1B▲ 21% | $5.9B | $6.6B | |
| $953.7M | $954.4M | $1.2B | |
| $6.1B▲ 25% | $4.9B | $5.4B | |
| $155.1M▲ 112% | $73.1M | −$5.4M | |
| $3.6B▲ 106% | $1.8B | $1.6B | |
| $2.4B▼ 23% | $3.1B | $3.7B | |
| $2.3B▼ 27% | $3.1B | $3.7B | |
Split by Common Stock, Series C Mandatory Convertible Preferred Stock Dividends, Series D Mandatory Convertible Preferred Stock Dividends, Asset Management and Strategic Holdings and more
| Common Stock | |||
|---|---|---|---|
| Profit per share (basic EPS) (Basic) | $2.51 | $3.47 | $4.24 |
| Profit per share, counting promised shares (diluted EPS) (Diluted) | $2.34 | $3.28 | $4.09 |
| Average number of shares (Basic) | 890.3M shares | 887.0M shares | 867.5M shares |
| Average number of shares, counting promised shares (Diluted) | 955.8M shares | 938.9M shares | 911.8M shares |
| Series C Mandatory Convertible Preferred Stock Dividends | |||
| Dividends (Convertible Preferred Stock Dividends) | $0 | $0 | $51.7M |
| Series D Mandatory Convertible Preferred Stock Dividends | |||
| Dividends (Convertible Preferred Stock Dividends) | $118.6M | $0 | $0 |
| Asset Management and Strategic Holdings | |||
| Sales (Fees and Other) | $4.1B | $3.7B | $3.0B |
| Other item (Capital Allocation-Based Income (Loss)) | $3.8B | $3.6B | $2.8B |
| Sales (Total Revenues) | $7.8B | $7.2B | $5.8B |
| Staff pay and benefits (Compensation and Benefits) | $4.7B | $4.3B | $3.0B |
| Leases (Occupancy and Related Charges) | $135.9M | $117.1M | $93.4M |
| Other item (General, Administrative and Other) | $1.5B | $1.3B | $1.1B |
| Running costs (non-interest expense) (Total Expenses) | $6.3B | $5.8B | $4.2B |
| Insurance | |||
| Other item (Net Premiums) | $3.4B | $7.9B | $2.0B |
| Fees (Policy Fees) | $1.4B | $1.4B | $1.3B |
| Investments (Net Investment Income) | $7.7B | $6.6B | $5.5B |
| Gains or losses on investments (Net Investment-Related Gains (Losses)) | −$1.0B | −$1.4B | −$235.3M |
| Other item (Other Income) | $256.8M | $238.4M | $176.4M |
| Sales (Total Revenues) | $11.6B | $14.7B | $8.7B |
| Other item (General, Administrative and Other) | $756.0M | $745.1M | $746.2M |
| Gains or losses (Net Policy Benefits and Claims) | $10.7B | $13.3B | $6.4B |
| Wear and tear (depreciation and amortization) (Amortization of Policy Acquisition Costs) | $309.3M | $174.2M | $87.3M |
| Interest earned minus interest paid (net interest income) (Interest Expense) | $295.0M | $271.8M | $173.9M |
| Other item (Insurance Expenses) | $594.7M | $741.8M | $826.0M |
| Running costs (non-interest expense) (Total Expenses) | $12.7B | $15.2B | $8.2B |
Every line as the company filed it (USD ($), $ in Thousands), shown in full dollars. See this statement on SEC.
Extra: What other gains and losses were there?Statement of comprehensive income: Profit, plus gains and losses that skip the income statement.
Some value changes don't count as profit yet: currency moves on businesses abroad, rises or falls in investments it hasn't sold, and some hedges and pension changes. They are added to profit here to give comprehensive income, and they build up in shareholders' equity.
Every line, explained
| Line (tap for what it means) | 12 months to Dec 31, 2025 | 12 months to Dec 31, 2024 | 12 months to Dec 31, 2023 |
|---|---|---|---|
| Statement of Comprehensive Income | |||
| $6.1B | $4.9B | $5.4B | |
| Other Comprehensive Income (Loss), Net of Tax | |||
| $2.7B | −$189.3M | $2.1B | |
| −$454.4M | $187.5M | −$491.2M | |
| $188.9M | −$257.0M | −$100.0M | |
| $8.6B | $4.6B | $6.9B | |
| $155.1M | $73.1M | −$5.4M | |
| $3.6B | $1.8B | $2.2B | |
| $4.8B | $2.8B | $4.6B | |