KKR & Co. Inc.
Financial ServicesNYSE:KKR · New York Stock Exchange
+$1.75 today
Vol 2.09M · Avg 5.23M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$20.0B of revenue converted into $3.0B of net income for the selected period. Gross margin is 45.2% and net margin is 14.4%, showing how much revenue survives after costs and taxes. EPS is $2.98, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.3B -11.0% | $21.6B +51.1% | $14.3B +157.4% | $5.6B -65.4% | $16.1B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $11.2B -37.0% | $17.8B +88.1% | $9.5B +165.9% | $3.6B -61.4% | $9.2B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $8.1B +109.7% | $3.8B -21.0% | $4.9B +142.2% | $2.0B -70.9% | $6.9B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 41.8% +24.1pp | 17.8% -16.2pp | 33.9% -2.1pp | 36.1% -6.8pp | 42.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $2.2B -25.1% | $2.9B +7.1% | $2.7B +15.7% | $2.4B +21.1% | $1.9B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $7.6B +160.4% | $2.9B +7.1% | $2.7B +15.7% | $2.4B +21.1% | $1.9B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $374.2M | $1.2B | $631.8M |
| EBITDA | $7.1B -22.3% | $9.2B -3.5% | $9.5B +606.0% | $1.3B -91.0% | $15.0B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 37.0% -5.4pp | 42.4% -24.0pp | 66.3% +42.1pp | 24.2% -68.8pp | 93.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $462.0M -50.1% | $926.2M -56.7% | $2.1B +718.7% | -$345.6M -107.0% | $5.0B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 2.4% -1.9pp | 4.3% -10.6pp | 14.9% +21.1pp | -6.2% -37.0pp | 30.8% | 16.6% | 24.1% | 22.0% |
| Interest Income | $2.4B -30.5% | $3.5B +2.6% | $3.4B +77.8% | $1.9B +27.6% | $1.5B | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $2.3B -30.5% | $3.3B +12.2% | $2.9B +79.9% | $1.6B +44.7% | $1.1B | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $6.6B +34.5% | $4.9B +11.7% | $4.4B +8177.2% | $53.4M -99.4% | $8.9B | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $7.1B +21.1% | $5.9B -10.6% | $6.6B +2343.0% | -$292.2M -102.1% | $13.8B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 36.9% +9.8pp | 27.1% -18.7pp | 45.8% +51.0pp | -5.3% -91.2pp | 86.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $953.7M -0.1% | $954.4M -20.3% | $1.2B +855.0% | $125.4M -91.0% | $1.4B | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.4B -22.9% | $3.1B -17.6% | $3.7B +815.5% | -$521.7M -111.0% | $4.7B | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.3% -1.9pp | 14.2% -11.8pp | 26.1% +35.4pp | -9.4% -38.8pp | 29.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 -27.7% | $3 -18.2% | $4 +636.7% | -$1 -109.9% | $8 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 -28.7% | $3 -19.8% | $4 +617.7% | -$1 -110.6% | $7 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $890.3M +0.4% | $887.0M +2.3% | $867.5M +15.7% | $749.5M +28.7% | $582.3M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $955.8M +1.8% | $938.9M +3.0% | $911.8M +21.7% | $749.5M +18.4% | $633.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
BlackRock, Inc.
NYSE:BLK
$159.57B
Brookfield Corporation
NYSE:BN
$100.90B
Blackstone Inc.
NYSE:BX
$96.31B
Apollo Global Management, Inc.
NYSE:APO
$77.95B
Brookfield Asset Management Ltd.
NYSE:BAM
$75.35B
Ares Management Corporation
NYSE:ARES
$44.34B
T. Rowe Price Group, Inc.
NASDAQ:TROW
$23.45B
TPG Inc.
NASDAQ:TPG
$16.73B
The Carlyle Group Inc.
NASDAQ:CG
$16.43B
Blue Owl Capital Inc.
NYSE:OWL
$15.20B
Ares Capital Corporation
NASDAQ:ARCC
$13.79B
Affiliated Managers Group, Inc.
NYSE:AMG
$9.36B
Carlyle Secured Lending, Inc.
NASDAQ:CGBD
$758.56M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does KKR generate?
KKR & Co. Inc. (KKR) reported $19.26B of revenue in fiscal 2025.
Is KKR profitable?
KKR & Co. Inc. (KKR) reported $2.37B of net income, with a net margin of 12.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.