KKR & Co. Other — Deferred Acquisition Costs, or "DAC" increased by 13.8% to $692.81M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 98.5%, from $348.96M to $692.81M. Over 3 years (FY 2022 to FY 2025), Other — Deferred Acquisition Costs, or "DAC" shows an upward trend with a 80.2% CAGR.
An increase suggests higher investment in new business growth, while a decrease may indicate lower sales volume or a shift in acquisition strategy.
This represents the capitalized costs associated with acquiring new insurance contracts that are expected to be recovere...
Common across life and annuity insurance companies as a standard asset on the balance sheet.
kkr_segment_other_deferred_acquisition_costs_or_dac| Q4 '21 | 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 | $56.73M | $74.09M | $90.92M | $104.25M | $115.46M | $129.18M | $142.97M | $156.85M | $166.79M | $181.17M | $190.54M | $265.19M | $348.96M | $429.88M | $518.21M | $608.94M | $692.81M |
| QoQ Change | — | +30.6% | +22.7% | +14.7% | +10.8% | +11.9% | +10.7% | +9.7% | +6.3% | +8.6% | +5.2% | +39.2% | +31.6% | +23.2% | +20.5% | +17.5% | +13.8% |
| YoY Change | — | — | — | — | +103.5% | +74.4% | +57.2% | +50.5% | +44.5% | +40.2% | +33.3% | +69.1% | +109.2% | +137.3% | +172.0% | +129.6% | +98.5% |