NYSE$KKR

KKR & Co LP · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

KKR reported record Fee Related Earnings, Total Operating Earnings and Adjusted Net Income per share for the second quarter of 2026.

KKR achieved GAAP net income attributable to common stockholders of $660 million and diluted EPS of $0.70. Fee Related Earnings reached a record $1.2 billion, up 37% year-over-year, while Total Operating Earnings hit $1.5 billion. Assets under management grew to $796 billion with $34 billion in new capital raised during the quarter.

  • Record quarterly FRE of $1.2 billion ($1.32 per adjusted share) and ANI of $1.5 billion ($1.63 per adjusted share).
  • AUM reached $796 billion (up 16% YoY) and FPAUM reached $638 billion (up 15% YoY).
  • GAAP net income attributable to common stockholders was $660 million with diluted EPS of $0.70.
  • Closed acquisition of Arctos adding $20 billion AUM; declared regular dividend of $0.195 per share.

Headline financials

Total Revenue

$5.73B

Previous: $5.09B+12.5%
EPS (adj)

$1.63

Previous: $0.50+226.0%
Assets Under Management

$796B

Previous: $686B+16.1%
Fee Paying AUM

$638B

Previous: $556B+14.7%
New Capital Raised

$34.3B

Previous: $28B+22.7%
Capital Invested

$24.2B

Previous: $18B+34.2%
Uncalled Commitments

$143B

Previous: $115B+23.9%
Net Income

$660M

Previous: $510M+29.4%
Operating Income

$1.54B

Previous: $1.93B-20.1%

Revenue & EPS history

KKR · Revenue · Quarterly

$5.73B

Q2 2026+12.5%vs Q2 2025
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

KKR remains confident in its long-term positioning and ability to deliver differentiated outcomes for clients and shareholders.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+1.1%

Avg return

30 days after

60%

39 / 65 earnings

Positive

+9.3%

Q1 2020

Best reaction

-16.6%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+4.1%-0.8%-11.0%
Q4 2025-5.3%+2.3%-12.8%
Q3 2025+1.7%+3.2%+8.5%
Q2 2025-2.6%-5.2%-7.3%
Q1 2025+0.2%-0.5%+6.3%
Q4 2024-8.5%-9.0%-28.9%
Q3 2024+1.0%+0.6%+14.5%
Q2 2024-0.2%-11.5%+3.2%
Q1 2024+4.4%+5.6%+10.5%
Q4 2023+7.1%+9.7%+10.8%
Q3 2023+5.1%+7.0%+27.1%
Q2 2023+1.7%+2.9%+2.5%
Q1 2023-4.9%-5.9%+6.2%
Q4 2022+4.0%+3.5%-2.8%
Q3 2022+2.5%+5.6%+8.1%
Q2 2022-4.0%-5.6%-9.7%
Q1 2022+8.3%+1.2%+6.4%
Q4 2021-2.7%-11.3%-24.4%
Q3 2021+7.4%+3.4%-2.8%
Q2 2021+3.9%+6.4%+1.4%
Q1 2021+3.3%+4.4%-1.2%
Q4 2020+4.3%+8.0%+7.0%
Q3 2020+0.7%+6.8%+11.3%
Q2 2020+1.4%+3.1%-0.4%
Q1 2020+9.3%+7.3%+23.4%
Q4 2019+4.4%+9.0%-5.9%
Q3 2019+0.4%+2.6%+3.7%
Q2 2019+0.0%-1.0%-6.7%
Q1 2019-0.7%-0.6%-5.8%
Q4 2018+5.6%+3.5%+0.5%
Q3 2018+3.7%+4.6%+0.2%
Q2 2018-0.3%-1.3%-3.8%
Q1 2018+7.0%+5.4%+4.5%
Q4 2017-4.5%-4.2%+2.3%
Q3 2017-0.8%-2.3%-4.9%
Q2 2017-0.1%+0.8%-4.5%
Q1 2017+6.8%+5.5%+5.1%
Q4 2016-1.1%-2.0%-0.9%
Q3 2016+2.7%+0.2%+7.4%
Q2 2016+5.7%+3.7%+5.5%
Q1 2016-2.8%
Q4 2015+2.0%
Q3 2015-5.2%
Q2 2015+0.1%
Q1 2015+0.1%
Q4 2014-2.8%
Q3 2014+5.3%
Q2 2014-2.1%
Q1 2014+0.3%
Q4 2013+4.1%
Q3 2013+3.2%
Q2 2013-0.8%
Q1 2013+4.3%
Q4 2012+0.6%
Q3 2012-1.0%
Q2 2012+1.2%
Q1 2012-1.6%
Q4 2011-2.9%
Q3 2011-7.2%
Q2 2011-16.6%
Q1 2011-0.4%
Q4 2010-1.0%
Q3 2010-2.2%
Q2 2010+3.5%
Q1 2010+0.4%

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