--- title: "KKR & Co. Inc. | 10-K: FY2025 Revenue: USD 19.46 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/277252138.md" datetime: "2026-02-27T21:44:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277252138.md) - [en](https://longbridge.com/en/news/277252138.md) - [zh-HK](https://longbridge.com/zh-HK/news/277252138.md) --- # KKR & Co. Inc. | 10-K: FY2025 Revenue: USD 19.46 B Revenue: As of FY2025, the actual value is USD 19.46 B. EPS: As of FY2025, the actual value is USD 2.34. EBIT: As of FY2025, the actual value is USD 342.04 M. ### Overall Financial and Operational Metrics #### Assets Under Management (AUM) - KKR & Co. Inc.’s total AUM was $744 billion as of December 31, 2025, with $219 billion attributed to Global Atlantic. - Approximately 92% of KKR & Co. Inc.’s AUM is composed of capital with a duration of at least eight years at inception or longer, including perpetual capital. #### Investments and Commitments - As of December 31, 2025, KKR & Co. Inc. and its employees had approximately $30 billion invested in or committed to their own funds and portfolio companies. - 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. #### Employees and Offices - KKR & 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. - The firm operated 36 global offices across four continents as of December 31, 2025. ### Asset Management Segment #### AUM Breakdown (as of December 31, 2025) - Credit and Liquid Strategies: $322 billion. - Private Equity: $229 billion. - Real Assets: $192 billion. #### Management Fees - Total Management Fees for 2025 were $4.1 billion. #### Capital Markets Transaction Fees - Capital Markets transaction fees for 2025 were $930 million. #### Private Equity Business Line - AUM: $229 billion (2025), up from $195 billion (2024), $176 billion (2023), $165 billion (2022), and $174 billion (2021). - FPAUM: $151 billion (2025), up from $120 billion (2024), $108 billion (2023), $102 billion (2022), and $88 billion (2021). - New Capital Raised (AUM): $27 billion (2025), $18 billion (2024), $7 billion (2023), $18 billion (2022), and $44 billion (2021). - Capital Invested: $24 billion (2025), $17 billion (2024), $14 billion (2023), $19 billion (2022), and $18 billion (2021). - Management Fees: $1,529 million (2025), up from $1,376 million (2024), $1,286 million (2023), $1,188 million (2022), and $967 million (2021). - Traditional Private Equity AUM: $167 billion (2025). - Core Private Equity AUM: $41 billion (2025). - Growth Equity AUM: $21 billion (2025). #### Real Assets Business Line - AUM: $192 billion (2025), up from $166 billion (2024), $131 billion (2023), $119 billion (2022), and $83 billion (2021). - FPAUM: $163 billion (2025), up from $140 billion (2024), $112 billion (2023), $104 billion (2022), and $67 billion (2021). - New Capital Raised (AUM): $34 billion (2025), $40 billion (2024), $16 billion (2023), $29 billion (2022), and $39 billion (2021). - Capital Invested: $27 billion (2025), $28 billion (2024), $15 billion (2023), $28 billion (2022), and $21 billion (2021). - Management Fees: $1,301 million (2025), up from $993 million (2024), $826 million (2023), $680 million (2022), and $437 million (2021). - Infrastructure AUM: $100 billion (2025). - Real Estate AUM: $86 billion (2025), with Real Estate Credit at $45 billion and Real Estate Equity at $41 billion. - Energy AUM: $6 billion (2025). #### Credit and Liquid Strategies Business Line - AUM: $322 billion (2025), up from $276 billion (2024), $245 billion (2023), $220 billion (2022), and $214 billion (2021). - FPAUM: $289 billion (2025), up from $253 billion (2024), $226 billion (2023), $206 billion (2022), and $203 billion (2021). - New Capital Raised (AUM): $68 billion (2025), $56 billion (2024), $47 billion (2023), $34 billion (2022), and $37 billion (2021). - Capital Invested: $44 billion (2025), $39 billion (2024), $15 billion (2023), $25 billion (2022), and $34 billion (2021). - Management Fees: $1,271 million (2025), up from $1,092 million (2024), $919 million (2023), $788 million (2022), and $667 million (2021). - Leveraged Credit AUM: $145 billion (2025). - Alternative Credit AUM: $135 billion (2025), comprising Asset-Based Finance (ABF) at $85 billion and Corporate Credit at $50 billion. - Strategic Investments Group (SIG) AUM: $8 billion (2025). - Liquid Strategies AUM: $34 billion (2025). #### Private Wealth Initiatives - K-Series AUM: $34 billion (2025), up from $20 billion (2024), $14 billion (2023), $11 billion (2022), and $8 billion (2021). - Capital Group Strategic Partnership: Two fixed income public-private solutions were launched in April 2025. ### Insurance Segment (Global Atlantic) #### AUM & FPAUM - 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). - Global Atlantic FPAUM was $213 billion as of December 31, 2025. - AUM provided by Global Atlantic sponsored vehicles was $58 billion as of December 31, 2025. #### Policyholders & Reserves - Global Atlantic served over 3.5 million policyholders as of December 31, 2025. - As of December 31, 2025, 41% of Global Atlantic’s reserves were in individual markets and 59% in institutional markets. #### New Business Volumes (in millions) - **Individual Channel**: - Retirement Products: $12,339 (2025), $14,821 (2024), $11,138 (2023), $9,464 (2022), $7,840 (2021). - Preneed Life: $1,139 (2025), $605 (2024), $299 (2023), $277 (2022), $245 (2021). - **Institutional Channel**: $20,953 (2025), $27,115 (2024), $22,622 (2023), $18,377 (2022), $26,165 (2021). #### Funding Agreements - Global Atlantic had $8 billion of funding agreements outstanding under the FABN program as of December 31, 2025. #### Financial Strength Ratings (for life insurance operating subsidiaries as of December 31, 2025) - A.M. Best: “A” with a stable outlook. - Moody’s Investors Service, Inc.: “A2” with a stable outlook. - S&P Global Ratings: “A” with a stable outlook. - Fitch Ratings, Inc.: “A” with a stable outlook. ### Strategic Holdings Segment #### Portfolio Companies - As of December 31, 2025, the segment consisted of ownership stakes in 19 companies. #### Pro-rata Portion of LTM Adjusted Metrics (as of September 30, 2025) - Adjusted Revenue: $4.4 billion. - Adjusted EBITDA: $1.1 billion. ### Outlook and Guidance KKR & Co. Inc. aims to generate long-term, durable, recurring earnings by leveraging its investment acumen and capital allocation expertise. The Strategic Holdings segment is expected to contribute more stable recurring revenues through dividend payments and earnings from its long-term holdings. 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. ### Related Stocks - [KKRT.US](https://longbridge.com/en/quote/KKRT.US.md) ## Related News & Research - [06:31 ETNetherton Syndrome Market Set to Expand During the Forecast Period (2026-2036) as Novel Therapies Enter Development Pipeline | DelveInsight](https://longbridge.com/en/news/286895360.md) - [06:09 ETBulletin from the annual general meeting in SciBase Holding AB (publ)](https://longbridge.com/en/news/286892312.md) - [NetEase Q1 Non-GAAP Earnings Fall, Revenue Rises](https://longbridge.com/en/news/287192308.md) - [Red Cat Buys Quaze Technologies; Shares Up Pre-Bell](https://longbridge.com/en/news/287051371.md) - [06:06 ETWildlife experts offer seasonal tips to help orphaned or injured baby animals](https://longbridge.com/en/news/287197533.md)