Business Segments · Unrealized Carried Interest Compensation
Asset Management — Unrealized Carried Interest Compensation
KKR & Co. Asset Management — Unrealized Carried Interest Compensation increased by 505.8% to $765.53M in Q4 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Asset Management — Unrealized Carried Interest Compensation shows an upward trend with a -3.7% CAGR.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2025
How to read this metric
An increase suggests the firm is accruing for higher future performance payouts, often correlating with strong unrealized portfolio gains.
Detailed definition
This represents the portion of unrealized carried interest that is allocated to employees or partners as compensation. I...
Peer comparison
Commonly reported as 'Accrued Carried Interest Compensation' by alternative asset managers.
Metric ID:
kkr_segment_asset_management_unrealized_carried_interest_compensationHistorical Data
16 periods
| 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 | -$438.35M | -$438.35M | -$438.35M | -$438.35M | $198.19M | $198.19M | $198.19M | $198.19M | $757.45M | $153.00M | $644.88M | $0.00 | $646.17M | $343.77M | -$188.64M | $765.53M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +145.2% | +0.0% | +0.0% | +0.0% | +282.2% | -79.8% | +321.5% | -100.0% | — | -46.8% | -154.9% | +505.8% |
| YoY Change | — | — | — | — | +145.2% | +145.2% | +145.2% | +145.2% | +282.2% | -22.8% | +225.4% | -100.0% | -14.7% | +124.7% | -129.3% | — |
Range-$438.35M – $765.53M
CAGR+16.0%
Avg YoY Growth+86.0%
Median YoY Growth+145.2%
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Frequently Asked Questions
- What is KKR & Co.'s asset management — unrealized carried interest compensation?
- KKR & Co. (KKR) reported asset management — unrealized carried interest compensation of $765.53M in Q4 2025.
- What is the long-term trend for KKR & Co.'s asset management — unrealized carried interest compensation?
- Over 3 years (2022 to 2025), KKR & Co.'s asset management — unrealized carried interest compensation has grown at a -3.7% compound annual growth rate (CAGR), from -$1.75B to $1.57B.
- What does asset management — unrealized carried interest compensation mean?
- Accrued compensation expense related to future performance fees that have not yet been cashed out.