KKR (KKR & Co. Inc.) Stock Financials & Earnings | Market Cap Arena

KKR (KKR & Co. Inc.) Stock Financials & Earnings | Market Cap Arena

KKRKKR & Co. Inc.

Mkt Cap$81B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Revenue (TTM)$19.3B

Net Income (TTM)$2.4B

EPS (TTM)$2.34

Free Cash Flow (TTM)$5.3B

Gross Margin41.8%

Op. Margin2.4%

Net Margin12.3%

FCF Margin27.3%

P/S Ratio (TTM)4.2x

P/E Ratio (TTM)34.0x

YoY Rev Growth-11.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.1B	$943M	$271M
Q2 23	$3.6B	$1.2B	$504M
Q3 23	$3.3B	$1.6B	$1.0B
Q4 23	$4.4B	$1.1B	$361M
Q1 24	$9.6B	$1.0B	$342M
Q2 24	$4.1B	$981M	$227M
Q3 24	$4.7B	$886M	$64M
Q4 24	$3.2B	$949M	$293M
Q1 25	$3.1B	-$85M	-$707M
Q2 25	$5.0B	$1.1B	$327M
Q3 25	$5.5B	$1.3B	$513M
Q4 25	$5.7B	$5.7B	$329M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	10.4x	—
Q2 23	7.3x	59.6x
Q3 23	6.5x	28.8x
Q4 23	5.6x	21.6x
Q1 24	3.9x	19.8x
Q2 24	3.8x	20.8x
Q3 24	3.5x	26.9x
Q4 24	3.7x	26.2x
Q1 25	5.3x	36.5x
Q2 25	5.0x	39.3x
Q3 25	4.8x	34.3x
Q4 25	4.2x	34.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$1.9B	-$2.0B
Q2 23	-$2.6B	-$2.7B
Q3 23	$2.0B	$2.0B
Q4 23	$1.1B	$1.1B
Q1 24	$1.5B	$1.5B
Q2 24	$3.4B	$3.3B
Q3 24	$1.9B	$1.8B
Q4 24	-$112M	-$165M
Q1 25	$2.5B	$2.5B
Q2 25	$439M	$371M
Q3 25	$2.4B	$2.4B
Q4 25	$0	$0

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$23M
Q2 23	$39M
Q3 23	$17M
Q4 23	$29M
Q1 24	$17M
Q2 24	$26M
Q3 24	$45M
Q4 24	$53M
Q1 25	$21M
Q2 25	$67M
Q3 25	$39M
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+209.2%	+109.7%
Q2 23	+1133.0%	+464.9%
Q3 23	+79.8%	+37.8%
Q4 23	+72.9%	+63.5%
Q1 24	+210.7%	+228.3%
Q2 24	+14.5%	+25.9%
Q3 24	+44.6%	+105.5%
Q4 24	-26.8%	-27.5%
Q1 25	-68.2%	-59.4%
Q2 25	+21.8%	+20.5%
Q3 25	+15.5%	+6.1%
Q4 25	+79.3%	+86.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$184M	6.0%
Q2 23	$148M	4.1%
Q3 23	$147M	4.5%
Q4 23	$140M	3.2%
Q1 24	$183M	1.9%
Q2 24	$185M	4.5%
Q3 24	$185M	3.9%
Q4 24	$193M	6.0%
Q1 25	$184M	6.0%
Q2 25	$174M	3.5%
Q3 25	$182M	3.3%
Q4 25	$152M	2.6%

OpEx Breakdown

Quarter	G&A
Q1 23	$673M
Q2 23	$689M
Q3 23	$605M
Q4 23	$755M
Q1 24	$685M
Q2 24	$753M
Q3 24	$822M
Q4 24	$656M
Q1 25	$622M
Q2 25	$726M
Q3 25	$835M

Revenue Segments

Quarter	Asset Management Segment	Insurance Segment
Q1 23	$1.1B	$2.0B
Q2 23	$1.5B	$2.2B
Q3 23	$1.7B	$1.7B
Q4 23	$1.6B	$2.9B
Q1 24	$2.0B	$7.7B
Q2 24	$1.6B	$2.6B
Q3 24	$2.3B	$2.5B
Q4 24	$1.4B	$1.8B
Q1 25	$2.0B	$1.1B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$9.3B	$0	$9.3B
Q2 23	$10.3B	$0	$10.3B
Q3 23	$11.3B	$76.7B	$88.0B
Q4 23	$20.3B	$88.2B	$108.6B
Q1 24	$15.6B	$102.0B	$117.6B
Q2 24	$15.5B	$98.7B	$114.2B
Q3 24	$14.5B	$101.7B	$116.2B
Q4 24	$14.9B	$97.7B	$112.6B
Q1 25	$18.0B	$100.6B	$118.6B
Q2 25	$17.8B	$23.4B	$41.2B
Q3 25	$22.9B	$111.4B	$134.3B
Q4 25	$6M	$0	$6M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	887M	+0.1%
Q2 23	912M	+2.8%
Q3 23	909M	-0.3%
Q4 23	912M	+0.3%
Q1 24	925M	+1.4%
Q2 24	932M	+0.7%
Q3 24	942M	+1.1%
Q4 24	956M	+1.5%
Q1 25	888M	-7.1%
Q2 25	954M	+7.4%
Q3 25	954M	+0.0%
Q4 25	956M	+0.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$918K	1K
FY 15	$870K	1K
FY 16	$2M	1K
FY 17	$3M	1K
FY 18	$2M	1K
FY 19	$3M	1K
FY 20	$3M	2K
FY 21	$5M	3K
FY 22	$1M	4K
FY 23	$3M	4K
FY 24	$4M	5K
FY 25	$4M	5K