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Business Segments · Unrealized Carried Interest

Asset Management — Unrealized Carried Interest

KKR & Co. Asset Management — Unrealized Carried Interest decreased by 99.2% to $9.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 98.8%, from $807.71M to $9.66M. Over 4 years (FY 2021 to FY 2025), Asset Management — Unrealized Carried Interest shows an upward trend with a -14.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ1 2026May 8, 2026

How to read this metric

Growth in this metric suggests strong fund performance and a pipeline for future realized performance income.

Detailed definition

This represents the firm's share of profits from investment funds that have been earned based on current valuations but...

Peer comparison

A standard metric for alternative asset managers; peers report this as a key component of 'accrued' performance fees.

Metric ID: kkr_segment_asset_management_unrealized_carried_interest

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$851.98M-$911.16M-$170.99M$1.29B$1.56B$1.09B$285.18M-$202.66M-$435.5M-$616.96M$2.91B-$946.82M$190.14M$850.64M$1.85B$807.71M$429.91M-$235.8M$1.14B$9.66M
QoQ Change-6.9%+81.2%+854.5%+21.0%-29.9%-74.0%-171.1%-114.9%-41.7%+572.0%-132.5%+120.1%+347.4%+117.4%-56.3%-46.8%-154.8%+583.0%-99.2%
YoY Change+283.3%+220.2%+266.8%-115.7%-127.9%-156.4%+921.2%-367.2%+143.7%+237.9%-36.5%+185.3%+126.1%-127.7%-38.4%-98.8%
Range-$946.82M$2.91B
CAGR-61.1%
Avg YoY Growth+82.2%
Median YoY Growth+44.8%

Frequently Asked Questions

What is KKR & Co.'s asset management — unrealized carried interest?
KKR & Co. (KKR) reported asset management — unrealized carried interest of $9.66M in Q1 2026.
How has KKR & Co.'s asset management — unrealized carried interest changed year-over-year?
KKR & Co.'s asset management — unrealized carried interest decreased by 98.8% year-over-year, from $807.71M to $9.66M.
What is the long-term trend for KKR & Co.'s asset management — unrealized carried interest?
Over 4 years (2021 to 2025), KKR & Co.'s asset management — unrealized carried interest has grown at a -14.7% compound annual growth rate (CAGR), from -$4.04B to $2.14B.
What does asset management — unrealized carried interest mean?
The value of performance fees earned on paper but not yet paid out in cash.