<span item_type="fundamental" item_id="37320394316610e9741ef80935ed13d5" counter_id="ST/US/KKRT" env="prod"></span><span item_type="announcement" item_id="620856089476858753" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 19.46 B.</p><p>EPS: As of FY2025, the actual value is USD 2.34.</p><p>EBIT: As of FY2025, the actual value is USD 342.04 M.</p><p></p><h3>Overall Financial and Operational Metrics</h3><h4>Assets Under Management (AUM)</h4><ul><li>KKR &amp; Co. Inc.’s total AUM was $744 billion as of December 31, 2025, with $219 billion attributed to Global Atlantic.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Approximately 92% of KKR &amp; Co. Inc.’s AUM is composed of capital with a duration of at least eight years at inception or longer, including perpetual capital.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Investments and Commitments</h4><ul><li>As of December 31, 2025, KKR &amp; Co. Inc. and its employees had approximately $30 billion invested in or committed to their own funds and portfolio companies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>This total included $15 billion funded from the balance sheet, $10 billion committed by the balance sheet to investment funds and other vehicles, $4 billion funded from personal investments, and $1 billion of additional capital commitments from personal investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Employees and Offices</h4><ul><li>KKR &amp; Co. Inc. employed 5,043 people worldwide as of December 31, 2025, with 2,705 in Asset Management, 1,491 in Insurance, and 847 in Subsidiary Organizations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>The firm operated 36 global offices across four continents as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h3>Asset Management Segment</h3><h4>AUM Breakdown (as of December 31, 2025)</h4><ul><li>Credit and Liquid Strategies: $322 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Private Equity: $229 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Real Assets: $192 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Management Fees</h4><ul><li>Total Management Fees for 2025 were $4.1 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Capital Markets Transaction Fees</h4><ul><li>Capital Markets transaction fees for 2025 were $930 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Private Equity Business Line</h4><ul><li>AUM: $229 billion (2025), up from $195 billion (2024), $176 billion (2023), $165 billion (2022), and $174 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>FPAUM: $151 billion (2025), up from $120 billion (2024), $108 billion (2023), $102 billion (2022), and $88 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>New Capital Raised (AUM): $27 billion (2025), $18 billion (2024), $7 billion (2023), $18 billion (2022), and $44 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Capital Invested: $24 billion (2025), $17 billion (2024), $14 billion (2023), $19 billion (2022), and $18 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Management Fees: $1,529 million (2025), up from $1,376 million (2024), $1,286 million (2023), $1,188 million (2022), and $967 million (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Traditional Private Equity AUM: $167 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Core Private Equity AUM: $41 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Growth Equity AUM: $21 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Real Assets Business Line</h4><ul><li>AUM: $192 billion (2025), up from $166 billion (2024), $131 billion (2023), $119 billion (2022), and $83 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>FPAUM: $163 billion (2025), up from $140 billion (2024), $112 billion (2023), $104 billion (2022), and $67 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>New Capital Raised (AUM): $34 billion (2025), $40 billion (2024), $16 billion (2023), $29 billion (2022), and $39 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Capital Invested: $27 billion (2025), $28 billion (2024), $15 billion (2023), $28 billion (2022), and $21 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Management Fees: $1,301 million (2025), up from $993 million (2024), $826 million (2023), $680 million (2022), and $437 million (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Infrastructure AUM: $100 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Real Estate AUM: $86 billion (2025), with Real Estate Credit at $45 billion and Real Estate Equity at $41 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Energy AUM: $6 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Credit and Liquid Strategies Business Line</h4><ul><li>AUM: $322 billion (2025), up from $276 billion (2024), $245 billion (2023), $220 billion (2022), and $214 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>FPAUM: $289 billion (2025), up from $253 billion (2024), $226 billion (2023), $206 billion (2022), and $203 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>New Capital Raised (AUM): $68 billion (2025), $56 billion (2024), $47 billion (2023), $34 billion (2022), and $37 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Capital Invested: $44 billion (2025), $39 billion (2024), $15 billion (2023), $25 billion (2022), and $34 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Management Fees: $1,271 million (2025), up from $1,092 million (2024), $919 million (2023), $788 million (2022), and $667 million (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Leveraged Credit AUM: $145 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Alternative Credit AUM: $135 billion (2025), comprising Asset-Based Finance (ABF) at $85 billion and Corporate Credit at $50 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Strategic Investments Group (SIG) AUM: $8 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Liquid Strategies AUM: $34 billion (2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Private Wealth Initiatives</h4><ul><li>K-Series AUM: $34 billion (2025), up from $20 billion (2024), $14 billion (2023), $11 billion (2022), and $8 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Capital Group Strategic Partnership: Two fixed income public-private solutions were launched in April 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h3>Insurance Segment (Global Atlantic)</h3><h4>AUM &amp; FPAUM</h4><ul><li>Global Atlantic AUM was $219 billion as of December 31, 2025, up from $200 billion (2024), $180 billion (2023), $166 billion (2022), and $158 billion (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Global Atlantic FPAUM was $213 billion as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>AUM provided by Global Atlantic sponsored vehicles was $58 billion as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Policyholders &amp; Reserves</h4><ul><li>Global Atlantic served over 3.5 million policyholders as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>As of December 31, 2025, 41% of Global Atlantic’s reserves were in individual markets and 59% in institutional markets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>New Business Volumes (in millions)</h4><ul><li><strong>Individual Channel</strong>:<ul><li>Retirement Products: $12,339 (2025), $14,821 (2024), $11,138 (2023), $9,464 (2022), $7,840 (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Preneed Life: $1,139 (2025), $605 (2024), $299 (2023), $277 (2022), $245 (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul></li><li><strong>Institutional Channel</strong>: $20,953 (2025), $27,115 (2024), $22,622 (2023), $18,377 (2022), $26,165 (2021).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Funding Agreements</h4><ul><li>Global Atlantic had $8 billion of funding agreements outstanding under the FABN program as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Financial Strength Ratings (for life insurance operating subsidiaries as of December 31, 2025)</h4><ul><li>A.M. Best: “A” with a stable outlook.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Moody’s Investors Service, Inc.: “A2” with a stable outlook.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>S&amp;P Global Ratings: “A” with a stable outlook.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Fitch Ratings, Inc.: “A” with a stable outlook.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h3>Strategic Holdings Segment</h3><h4>Portfolio Companies</h4><ul><li>As of December 31, 2025, the segment consisted of ownership stakes in 19 companies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h4>Pro-rata Portion of LTM Adjusted Metrics (as of September 30, 2025)</h4><ul><li>Adjusted Revenue: $4.4 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li><li>Adjusted EBITDA: $1.1 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></li></ul><h3>Outlook and Guidance</h3><p>KKR &amp; Co. Inc. aims to generate long-term, durable, recurring earnings by leveraging its investment acumen and capital allocation expertise.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span> The Strategic Holdings segment is expected to contribute more stable recurring revenues through dividend payments and earnings from its long-term holdings.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span> The insurance business plans to expand into longer-duration liabilities and assets, including private equity and real assets, and increase third-party co-investment insurance capital to enhance competitive advantage and generate higher returns over the long term.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1404912/000140491226000007/kkr-20251231.htm"></span></p>

KKR & Co. Inc. | 10-K: FY2025 Revenue: USD 19.46 B