EarningsQ2 2026 Earnings Report
MX:KKRC Q2 2026 EPS Results
Actual EPS$29.95
Consensus EPS$26.24
Beat/MissBeat by +$3.71
One Year Ago EPS$21.68
MX:KKRC Q2 2026 Revenue Results
Actual Revenue$124.84B
Expected Revenue$46.82B
Beat/MissBeat by +$78.03B
YoY Revenue Growth+20.36%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
MX:KKRC Upcoming Earnings
KKR & Co's next earnings date is estimated for November 9, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:KKRC Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Q2 2026
Earnings Call Date:Jul 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized multiple record metrics (FRE, operating earnings, adjusted EPS), substantial fundraising and deployment momentum, strong monetization activity and clear runway of fee-bearing capital. Management acknowledged industry noise, insurance competition, some segment-level variability and AI/disruption concerns, but positioned these as manageable given diversified businesses, long-duration liabilities and operating leverage. Overall the positive operating and financial developments materially outweigh the listed challenges.Company Guidance
Record Financial Results
Fee-related earnings (FRE) per share of $1.32 (+34% YoY), total operating earnings per share of $1.68 (+27% YoY) and adjusted net income per share of $1.63 (+38% YoY); all three headline metrics and their LTM values set historic highs.
Strong Fundraising and Capital-Raising Milestones
Raised $305 billion of capital since the start of 2024 through June 30, surpassing the 3-year $300 billion Investor Day target in ~2.5 years; $34 billion raised in Q2 and LTM capital raised of $133 billion.
Material AUM and Segment Growth
Significant AUM expansion: Private equity +45% YoY, Infrastructure +100% (doubled), Credit ~+35%, Asia +35%, Third-party insurance +50%, Wealth increased ~6x; K‑Series AUM rose to $42 billion (~+70% YoY).
Record Monetization and Strong Investment Realizations
Largest monetization quarter in firm history with realized performance income of $848 million and realized investment income of $220 million; total remaining unrealized gains approximately $18.2 billion.
Robust Deployment Activity
Deployed $24 billion of capital in Q2 and $104 billion over the trailing 12 months, supporting future performance-related income and fee realization.
High FRE Margin and Operating Leverage
FRE margin at ~70% in Q2 and above 65% for 10 consecutive quarters, reflecting operating leverage; management fees of $1.2 billion in Q2 (+26% YoY; +18% excluding catch-up fees).
Insurance Economics and Positioning
Insurance segment operating earnings of $288 million in Q2; total insurance economics of ~$2 billion net of compensation over the LTM (+13% YoY); liability origination skewed to long duration (99% ≥5 years, ~80% ≥7 years).
Strategic Initiatives and New Platforms
Launched Helix digital infrastructure (perpetual vehicle) with $10B+ initial committed capital and strategic partners including NVIDIA and Vistra; Arctos acquisition showing early traction (Keystone first close >$6 billion) and combined solutions ambition to exceed $100 billion of AUM over time.
Forward Fee Visibility
$72 billion of committed capital not yet earning fees (up ~30% YoY) with a weighted average management fee of ~90 bps; average annual performance-income-eligible deployment over the past 5 years has more than doubled versus the prior 5-year period, indicating visibility to future fee and performance income.
MX:KKRC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed