KKR & Co. (KKR) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for KKR & Co..

Analyst Coverage

Research analysts who have asked questions during KKR & Co. earnings calls.

Glenn Schorr

Evercore ISI

8 questions for KKR

Also covers: APO, BAC, BEN +14 more

Michael Cyprys

Morgan Stanley

8 questions for KKR

Also covers: AAMI, AMP, AMTD +30 more

Patrick Davitt

Autonomous Research

8 questions for KKR

Also covers: ABL, AMG, APO +10 more

Brian Bedell

Deutsche Bank

7 questions for KKR

Also covers: AMG, AMTD, APO +23 more

Alexander Blostein

Goldman Sachs

6 questions for KKR

Also covers: AB, AMG, AMP +31 more

Craig Siegenthaler

Bank of America

6 questions for KKR

Also covers: AB, AMP, AMTD +26 more

Steven Chubak

Wolfe Research

6 questions for KKR

Also covers: AMP, AMTD, APO +20 more

Benjamin Budish

Barclays PLC

5 questions for KKR

Also covers: AB, APO, ARES +24 more

Bill Katz

TD Securities

5 questions for KKR

Also covers: AB, AMTD, APO +15 more

John Barnidge

Piper Sandler

5 questions for KKR

Also covers: AFL, AIZ, AMP +15 more

Arnaud Giblat

BNP Paribas

4 questions for KKR

Also covers: BX, TPG

Brian McKenna

Citizens JMP Securities

4 questions for KKR

Also covers: ARCC, ARES, BX +14 more

Ben Budish

Barclays PLC

3 questions for KKR

Also covers: AB, APO, ARES +23 more

Daniel Fannon

Jefferies Financial Group Inc.

3 questions for KKR

Also covers: AB, AMG, AMTD +27 more

Kyle Voigt

Keefe, Bruyette & Woods

3 questions for KKR

Also covers: AMTD, APO, ARES +17 more

Michael Brown

Wells Fargo Securities

3 questions for KKR

Also covers: APO, ARES, BAM +19 more

William Katz

TD Cowen

3 questions for KKR

Also covers: AB, AMG, AMTD +25 more

Alex Blostein

Goldman Sachs Group, Inc.

2 questions for KKR

Also covers: APO, ARES, BX +8 more

Brennan Hawken

UBS Group AG

2 questions for KKR

Also covers: AMP, AMTD, APO +30 more

Greg Sockenfowler

Bank of America

2 questions for KKR

Mike Brown

UBS

2 questions for KKR

Also covers: APO, ARES, BLK +9 more

Christoph Kotowski

Oppenheimer & Co. Inc.

1 question for KKR

Also covers: AOMR, GCMG, OWL +3 more

Vikram Gandhi

HSBC

1 question for KKR

Also covers: ALL, BAM, CB +1 more

Latest news

Recent press releases and 8-K filings for KKR.

KKR’s The Wella Company names Calvin McDonald CEO

KKR

CEO Change

Management Change

Calvin McDonald wird zum Chief Executive Officer von The Wella Company ernannt, sein Amtsantritt ist am 2. April 2026; er tritt zudem in den Vorstand ein und wird in New York ansässig sein, während Glenn Murphy als Executive Chair verbleibt.
McDonald bringt jahrzehntelange Erfahrung als dreimaliger CEO globaler Verbrauchermarken und Einzelhandelsunternehmen mit, insbesondere in den Bereichen Produktdifferenzierung, Kategorieerweiterung und profitables Wachstum.
Unter der KKR-Eigentümerschaft hat sich The Wella Company zu einem globalen Kraftpaket mit Marken wie Wella Professionals, Sebastian Professional, OPI, ghd, Nioxin und Clairol entwickelt.

5 hours ago

Press Release

KKR-backed Securitize and Uniswap Labs unlock liquidity for BlackRock BUIDL

KKR

New Projects/Investments

Product Launch

Uniswap Labs and Securitize partner to enable on-chain trading of BlackRock USD Institutional Digital Liquidity (BUIDL) on UniswapX, providing near-instant liquidity between BUIDL and USDC.
Integration uses Securitize Markets’ RFQ framework to match prequalified BUIDL investors with market-making subscribers such as Flowdesk, Tokka Labs, and Wintermute for atomic, 24/7 trading.
BlackRock has made a strategic investment in the Uniswap ecosystem but does not guarantee liquidity or performance of UniswapX or recommend its use.
The collaboration bridges traditional finance regulatory standards with DeFi efficiency, enabling institutions to trade tokenized real-world assets with self-custody.

5 hours ago

Press Release

KKR details business model, Arctos acquisition, and 2026 targets

KKR

M&A

Guidance Update

KKR’s three-part model combines $740 billion of asset management AUM, $220 billion in insurance via Global Atlantic, and Strategic Holdings for integrated synergies.
Agreed to acquire Arctos, a sports stakes and GP Solutions specialist with $15 billion AUM, to launch a secondaries business aiming for $100 billion+ in AUM.
Asset management fees ($4 billion in 2025) are evenly split across private equity, real assets, and credit; PE fee-paying AUM grew 26% in 2025, while real estate platform reached $85 billion.
Reaffirmed 2026 targets of $4.50+ fee-related earnings per share and $7+ after-tax adjusted net income, backed by $18.6 billion of embedded gains and $900 million in monetization visibility.

2 days ago

Transcript

KKR announces Arctos acquisition and 2026 outlook

KKR

M&A

Guidance Update

New Projects/Investments

KKR’s diversified model comprises Asset Management ($740 billion AUM), Insurance (Global Atlantic with $220 billion of assets), and Strategic Holdings, all designed for synergy and supported by a collaborative culture.
Announced acquisition of Arctos (roughly $15 billion AUM, $10 billion fee-paying), adding sports team-stake capabilities, GP Solutions, and a secondaries platform aimed at building a $100+ billion AUM business.
In 2025, KKR’s private equity fee-paying assets grew by 26%, its real estate platform reached $85 billion, and total management fees exceeded $4 billion, evenly split across private equity, real assets, and credit.
Demonstrating strong operating leverage, KKR grew management fees by 50% over three years while increasing expenses by < 25%, sustaining fee-related earnings margins in the mid-60s %, and targets FRE $4.50+ and ANI $7+ per share in 2026.
KKR sees 2026 as a constructive year for capital markets with expected acceleration in deployment and monetization, underpinned by its deep macro and policy insights.

2 days ago

Transcript

KKR acquires Arctos and outlines 2026 targets

KKR

M&A

Guidance Update

KKR operates a three-pronged model—Asset Management (~$740 billion AUM), Insurance (Global Atlantic, $220 billion) and Strategic Holdings—to leverage synergies across investing, distribution and capital markets.
Announced acquisition of Arctos (≈$15 billion AUM; $10 billion fee-paying) to expand in sports stakes, GP Solutions and build a $100 billion+ secondaries platform leveraging KKR’s capital and brand.
Set 2026 targets of Fee-Related Earnings > $4.50/share and After-Tax Adjusted Net Income > $7 per share, supported by $18.6 billion embedded gains and $900 million of monetization visibility.
Strategic priorities include integrating Arctos, scaling secondaries, deepening insurance and private-wealth channels, and driving further operating leverage as AUM grows.

2 days ago

Transcript

OSL Group launches regulated enterprise stablecoin USDGO

KKR

Product Launch

OSL Group officially launched USDGO, a federally regulated enterprise stablecoin designed for institutional settlement and corporate payments in Asia and beyond (Feb. 9, 2026).
An initial batch of US$50 million was minted on Solana, with USDGO backed 1:1 by U.S. dollars and high-quality liquid assets under stringent third-party audits.
USDGO is issued by Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., with OSL Group as branding operator and distributor across its licensed entities in Hong Kong and other jurisdictions.
The stablecoin offers 24/7 liquidity, multi-chain support, and cross-border transaction capabilities to streamline treasury management and on-chain settlements for corporate clients.

3 days ago

Press Release

KKR outlines growth strategy and $7+ adjusted net income target for 2026 at UBS conference

KKR

Guidance Update

M&A

New Projects/Investments

KKR reports $130 billion capital raised in 2025 (up 90% vs prior year) and is 80% of the way to its $300 billion 2024–2026 fundraising goal, driven by $19 billion for its Americas PE Fund XIV and $16 billion in global infrastructure.
CFO Rob Lewin details a $7+ per share adjusted net income target for 2026, backed by fee-related earnings growth (management fees +50% vs 2022), operating leverage (expenses +23% vs fees +50%), insurance (~$1 billion op income), and visibility on $900 million+ of monetization revenue.
The strategic acquisition of Arctos is poised to create a $100 billion+ platform across sports, GP solutions, and secondaries, leveraging KKR’s insurance capital and global distribution for long-duration, accretive growth.
KKR emphasizes its diversified fee base of $4.1 billion in management fees for 2025, evenly split among private equity, real assets, and credit & liquid strategies, with over half of its investment professionals based outside the US.

3 days ago

Transcript

KKR details performance, Arctos acquisition, and 2026 targets

KKR

M&A

Guidance Update

New Projects/Investments

KKR’s key metrics over the past two years include management fees up 35%, fee-related earnings up over 50%, adjusted net income up mid-40s, and capital raising +90%, versus broader markets +40%+.
Announced acquisition of Arctos to enter the sports, GP solutions, and secondary markets, targeting a $100 billion+ business with long-duration capital and cultural alignment.
In 2025, KKR raised $130 billion of capital (≈90% increase over two years), reaching over 80% of its $300 billion 2024–26 fundraising goal; momentum spans institutional, insurance, and private-wealth channels.
Reiterated a >$7 per share Adjusted Net Income target for 2026, supported by fee-related earnings growth, operating leverage, $1 billion insurance operating income, and $18.6 billion of embedded gains.

3 days ago

Transcript

KKR outlines 2026 guidance and strategic priorities at UBS conference

KKR

M&A

Guidance Update

Acquisition of Arctos to enter sports, GP Solutions and secondaries, aiming to build a $100+ billion business through strategic M&A.
Raised $130 billion in 2025 (up ~90% over two years) and is over 80% towards its $300 billion 2024–2026 fundraising goal, with strong flows across institutional, insurance ($80 billion) and wealth ($35 billion) channels.
Reiterated 2026 target of >$7 per share Adjusted Net Income, driven by management-fee growth, operating leverage (fees +50% vs. expenses +23% since 2022) and $18.6 billion of embedded gains.
Insurance arm Global Atlantic expects ~$1 billion operating income and $350 million mark-to-market gains in 2026, with $6.5 billion of dry powder to fund $65 billion of fee-paying assets.
Private credit platform at $135 billion AUM (split $85 billion asset-based finance, $50 billion direct lending), focusing on capital-light financing and shunning stressed consumer exposures.

3 days ago

Transcript

KKR & Co. launches xStocks on 360X trading venue

KKR

Product Launch

KKR & Co. extends tokenized equities access by launching xStocks on Deutsche Börse Group’s regulated trading venue 360X.
Market participants can trade five xStocks (CRCLx, GOOGLx, NVDAx, SPYx, TSLAx) against stablecoins.
Since May 2025, xStocks have amassed nearly $20 billion in total trading volume.
Each xStock is 1:1 backed by the underlying equity or ETF and held with a licensed custodian in a bankruptcy-remote structure.