Operating Expenses

Total Operating Expenses

KKR Real Estate Finance Trust Total Operating Expenses decreased by 88.0% to $7.14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 43.3%, from $4.98M to $7.14M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 17.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026Apr 22, 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

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$10.37M$12.00M$9.06M$11.79M$24.98M$94.08M$36.57M$76.25M$70.87M$23.06M$63.58M$5.55M$6.34M$5.00M$20.19M$4.98M$5.69M$6.57M$59.74M$7.14M
QoQ Change+15.8%-24.5%+30.2%+111.9%+276.6%-61.1%+108.5%-7.1%-67.5%+175.8%-91.3%+14.3%-21.1%+303.8%-75.3%+14.1%+15.6%+808.9%-88.0%
YoY Change+141.0%+683.8%+303.7%+546.8%+183.7%-75.5%+73.9%-92.7%-91.1%-78.3%-68.2%-10.2%-10.3%+31.4%+195.9%+43.3%
Range$4.98M$94.08M
CAGR-7.5%
Avg YoY Growth+111.1%
Median YoY Growth+37.4%

Frequently Asked Questions

What is KKR Real Estate Finance Trust's total operating expenses?
KKR Real Estate Finance Trust (KREF) reported total operating expenses of $7.14M in Q1 2026.
How has KKR Real Estate Finance Trust's total operating expenses changed year-over-year?
KKR Real Estate Finance Trust's total operating expenses increased by 43.3% year-over-year, from $4.98M to $7.14M.
What is the long-term trend for KKR Real Estate Finance Trust's total operating expenses?
Over 4 years (2021 to 2025), KKR Real Estate Finance Trust's total operating expenses has grown at a 17.9% compound annual growth rate (CAGR), from $39.83M to $76.98M.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.