KKR & Co. Asset Management and Strategic Holdings — Total GAAP Expenses increased by 30.1% to $1.82B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 59.7%, from $1.14B to $1.82B. Over 3 years (FY 2022 to FY 2025), Asset Management and Strategic Holdings — Total GAAP Expenses shows an upward trend with a 41.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower total expenses relative to revenue indicate higher operating margins and better profitability.
The aggregate of all operating costs incurred by the asset management segment under GAAP accounting standards. This incl...
Used to calculate the segment operating margin; standard across all public financial institutions.
kkr_segment_asset_management_and_strategic_holdings_total_gaap_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $553.87M | $553.87M | $553.87M | $553.87M | $811.51M | $970.29M | $1.17B | $1.21B | $1.62B | $1.22B | $1.78B | $1.14B | $1.67B | $1.44B | $1.40B | $1.82B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +46.5% | +19.6% | +20.4% | +3.8% | +33.4% | -24.4% | +45.4% | -35.9% | +46.2% | -13.9% | -2.5% | +30.1% |
| YoY Change | — | — | — | — | +46.5% | +75.2% | +110.9% | +119.0% | +99.4% | +26.0% | +52.2% | -6.0% | +3.1% | +17.4% | -21.2% | +59.7% |