$KKR · KKR & Co. Inc.
KKR reported Q3 2026 results on November 9, 2026. GAAP net income attributable to common stockholders was $1.1B for the quarter ($1.25 diluted EPS) and $2.1B YTD. FRE, TOE, and ANI per share all set records on both a quarterly and LTM basis. AUM rose 11% YoY to $804B, with $25B of new capital raised in the quarter.
- FRE of $1.3B in Q3, up 27% YoY; $4.5B LTM, up 26% YoY
- ANI of $1.6B ($1.78/adj. share), up 29% YoY
- AUM of $804B and FPAUM of $648B, both up 11% YoY
- KKR repurchased 6.2M shares for $567M and added $500M to its buyback program
- KKR expects to return over $40B to clients in 2026, exceeding its prior annual record by over 50%
Extended-hours last trade $97.51, up +1.07% vs the $96.48 regular close, indicating a positive after-hours reaction to record results.
KKR delivered record per-share earnings across all key non-GAAP metrics while scaling AUM to $804B and signaling a $2B ANI windfall from the USI sale.
KKR's 11% AUM growth and record FRE/ANI per share underscore continued momentum in alternative asset management, with perpetual capital up 11% YoY to $344B.
Insurance operating earnings included a $26M charge from Global Atlantic's annual actuarial assumption review; the USI sale is subject to closing conditions with no assurance of completion.