KKR Q2 2026: revenue up 12.5% to $5.73 billion, adjusted EPS $1.63
Revenue rose 12.5% to $5.73 billion and the company's preferred per-share measure, adjusted net income per share, landed at $1.63 against a $1.43 consensus. The catch is the gap underneath: GAAP diluted earnings were $0.70 per share, and three balance-sheet figures appear in two different versions in this filing, so read the quality of the beat before the size of it.
1 · Expected vs. Actual
Free preview belowGAAP diluted earnings per share were $0.70, while adjusted net income per share — KKR's own measure — was $1.63, which is 14.3% above the $1.43 consensus estimate. Adjusted net income was $1.49 billion, up 40.4% from $1.06 billion a year earlier. That $0.93 gap between the two per-share numbers is the single most important thing to understand about this quarter.
Revenue was $5.73 billion, up 12.5% from $5.09 billion a year earlier and 32.6% above the $4.32 billion reported in the prior quarter. Insurance supplied $3.52 billion, or 61.5% of the total, while asset management and strategic holdings contributed $2.20 billion. The insurance half is where the revenue is, but it also carried $3.73 billion of expenses, so it lost $203.93 million on a GAAP basis this quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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