KKR stock posts record Q3 profit as distributions top $40 billion
Published on 11/11/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKKR builds on record quarter
- Adjusted net income per share rose 26 percent year over year to 1.78 US dollars in the third quarter.
- KKR raised 25 billion US dollars during the quarter and brought assets under management above 800 billion US dollars.
- Management expects client distributions to exceed 40 billion US dollars in 2026.
KKR & Co. reported record results for the third quarter on Monday, November 9, 2026. The investment firm said adjusted net income reached 1.6 billion US dollars, while adjusted earnings per share climbed 26 percent year over year to 1.78 US dollars. The figures were reported by Yahoo Finance, citing the company’s results announcement and management comments.
The adjusted result exceeded the 1.59 US dollar average analyst estimate compiled by LSEG, according to the same report. KKR also said fee-related earnings reached a quarterly record, supported by higher management fees, fundraising and proceeds from investment sales.
Fundraising strengthens recurring income
KKR raised 25 billion US dollars during the quarter. Assets under management exceeded 800 billion US dollars, giving the firm a larger base from which to generate management fees. The company’s reported performance also benefited from investment realizations, although the adjusted measure excludes selected items and should not be read as a substitute for generally accepted accounting profit.
The company’s capital-return outlook was another focus for investors. KKR expects to return more than 40 billion US dollars to clients during 2026, more than 50 percent above its previous annual record. The plan depends in part on further investment realizations and therefore remains sensitive to transaction timing and market conditions.
USI transaction remains ahead
Management highlighted continued monetization of portfolio investments and the expansion of fundraising activity. The planned sale of USI was not included in the third-quarter result and remains subject to closing. According to the earnings-call summary carried by Yahoo Finance, management expects the transaction to contribute about 3.3 billion US dollars of after-tax proceeds and about 2 billion US dollars of adjusted net income after closing.
KKR stock traded at 90.67 euros on Lang & Schwarz at 13:50 CET on Wednesday, November 11.
KKR & Co. investor snapshot
- Company: KKR & Co. Inc.
- ISIN: US48251W1045
- Ticker: KKR
- Latest quote: 90.67 euros on Lang & Schwarz, Wednesday, November 11, 2026, 13:50 CET
- Third-quarter adjusted earnings per share: 1.78 US dollars, up 26 percent year over year
- 2026 client distribution outlook: More than 40 billion US dollars
US investors are also weighing KKR against the broader S&P 500 environment as higher interest rates continue to influence asset sales and financing conditions.
Further earnings developments and analysis are available on More news and analyses on KKR stock.
