# KKR Real Estate Finance Trust Inc.: overview KREF · NYSE · CIK 1631596 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/kref.md) · [Financials](/companies/kref/financials.md) · [Filings](/companies/kref/filings.md) · [Insiders](/companies/kref/insiders.md) Revenue is not reported in this company’s XBRL financial statements. ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Diluted EPS | $ per share | [(0.19)](/filings/0001628280-26-005092.md) | [0.21](/filings/0001628280-26-005092.md) | [(0.15)](/filings/0001628280-26-026591.md) | [(0.53)](/filings/0001628280-26-049028.md) | [0.12](/filings/0001628280-26-005092.md) | [(0.49)](/filings/0001628280-26-005092.md) | [(0.96)](/filings/0001628280-26-026591.md) | [(1.95)](/filings/0001628280-26-049028.md) | | Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL not reported. - Gross margin (gross profit / revenue). XBRL not reported. - Operating margin (operating income / revenue). XBRL not reported. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $ | not reported | not reported | not reported | not reported | not reported | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | not reported | not reported | not reported | not reported | not reported | | Net margin | % | not reported | not reported | not reported | not reported | not reported | | Diluted EPS | $ per share | [2.21](/filings/0001631596-24-000008.md) | [0.23](/filings/0001631596-25-000012.md) | [(0.78)](/filings/0001628280-26-005092.md) | [0.19](/filings/0001628280-26-005092.md) | [(1.05)](/filings/0001628280-26-005092.md) | | Free cash flow | $ | not reported | not reported | not reported | not reported | not reported | - Revenue. XBRL not reported. - Gross margin (gross profit / revenue). XBRL not reported. - Operating margin (operating income / revenue). XBRL not reported. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/kref/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [Kohlberg Kravis Roberts & Co. L.P.](/funds/1399770.md) | 2026-06-30 | $68.4m | 10,000,001 | | Unchanged | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $40.3m | 5,898,946 | | Added +365,925 | | [Long Pond Capital, LP](/funds/1499066.md) | 2026-06-30 | $39.8m | 5,813,201 | | Added +79,688 | | [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $24.9m | 3,641,056 | | Added +3,397,148 | | [NOMURA HOLDINGS INC](/funds/1163653.md) | 2026-06-30 | $18.5m | 2,704,317 | | Reduced −170,980 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $15.6m | 2,284,174 | | Reduced −42,834 | | [DIMENSION CAPITAL MANAGEMENT LLC](/funds/1041773.md) | 2026-06-30 | $10.9m | 1,588,196 | | New +1,588,196 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $9.6m | 1,409,981 | | Added +84,600 | | [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $8.8m | 1,290,211 | | Added +538,158 | | [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $8.2m | 1,180,293 | | Reduced −98,059 | ## Recent filings [All 456 filings](/companies/kref/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-07-21 | 20:47 ET | [10-Q](/filings/0001628280-26-049028.md) | Quarterly report, period 2026-06-30 | 0001628280-26-049028 | | 2026-07-21 | 20:42 ET | [8-K](/filings/0001628280-26-049023.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-049023 | | 2026-04-22 | 20:40 ET | [10-Q](/filings/0001628280-26-026591.md) | Quarterly report, period 2026-03-31 | 0001628280-26-026591 | | 2026-04-22 | 20:30 ET | [8-K](/filings/0001628280-26-026573.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-026573 | | 2026-04-16 | 20:45 ET | [8-K](/filings/0001140361-26-015156.md) | 5.07 Shareholder vote results | 0001140361-26-015156 | | 2026-03-03 | 21:31 ET | [DEF 14A](/filings/0001140361-26-007573.md) | Proxy statement, period 2026-04-14 | 0001140361-26-007573 | | 2026-02-03 | 22:01 ET | [10-K](/filings/0001628280-26-005092.md) | Annual report, period 2025-12-31 | 0001628280-26-005092 | | 2026-02-03 | 21:58 ET | [8-K](/filings/0001628280-26-005088.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-005088 | | 2026-01-09 | 21:33 ET | [8-K](/filings/0001140361-26-000843.md) | 5.02 Departure or appointment of officers or directors | 0001140361-26-000843 | | 2025-10-21 | 20:46 ET | [10-Q](/filings/0001628280-25-045722.md) | Quarterly report, period 2025-09-30 | 0001628280-25-045722 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-005092.md), filed Feb 3, 2026. ## Forecast league Not in this season’s league. [This season’s league](/leagues.md) ## About the filer - CIK: 1631596 - Tickers: KREF, KREF-PA - Exchange: NYSE - SIC code: 6798 Real Estate Investment Trusts - State of incorporation: MD - Filer category: Accelerated filer Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:44 ET. No prices; not investment advice.