KKR & Co. Inc. Reports $19.46 Billion in Revenues for Fiscal Year 2025

**KKR & Co. Inc. Reports Financial Results for Fiscal Year 2025**

KKR & Co. Inc. (NYSE: KKR), a global investment firm, reported total revenues of $19.46 billion for the year ended December 31, 2025, compared to $21.88 billion for the previous fiscal year. The decrease in total revenues was primarily driven by a decrease in net premiums in the insurance segment, partially offset by an increase in asset management and strategic holdings revenues. Net income attributable to KKR & Co. Inc. common stockholders was $2.25 billion, or $2.51 per basic share and $2.34 per diluted share, compared to $3.08 billion, or $3.47 per basic share and $3.28 per diluted share, in 2024.

The company's asset management segment reported management fees of $4.10 billion, an increase from $3.46 billion in the prior year, driven by growth in private equity, real assets, and credit and liquid strategies. Transaction and monitoring fees, net, were $1.09 billion, a decrease from $1.17 billion in the prior year. The insurance segment reported net investment income of $7.67 billion, an increase from $6.57 billion in the prior year, while net premiums decreased to $3.40 billion from $7.90 billion in the prior year. Strategic holdings segment earnings were $232 million, compared to $164 million in the prior year, primarily due to higher dividend income.

Key operational developments included the growth of assets under management (AUM) to $744 billion as of December 31, 2025, an increase from $638 billion in the prior year. Private equity AUM reached $229 billion, real assets AUM reached $192 billion, and credit and liquid strategies AUM reached $322 billion. The company also continued to expand its offerings to individual investors, with K-Series AUM reaching $34 billion. KKR's capital markets business generated $930 million in transaction fees, diversified across geographies and sources. The company's strategic holdings segment consisted of ownership stakes in 19 companies, with pro-rata LTM adjusted revenue of $4.4 billion and adjusted EBITDA of $1.1 billion as of September 30, 2025.

Looking ahead, KKR is focused on investing excess earnings back into the company, with a focus on strategic M&A, insurance, strategic holdings, and share repurchases. The company is also committed to responsible investing, incorporating sustainability considerations into its investment decision-making and management practices. KKR continues to prioritize attracting, developing, and retaining exceptional talent, with a focus on employee training, professional development, and health and wellness. As of December 31, 2025, KKR employed 5,043 people worldwide, including 2,705 in asset management and 1,491 in insurance.