KKR & Co. Inc. (KKR) stock — is it a good business?

KKR & Co. Inc. (KKR) stock — is it a good business? — InspectStocks

Just reported

Q3 2026 results

From KKR's results release of November 9, 2026; its quarterly report has since been filed.

Revenue
Actual
$4.56B
-17% y/y
-20% q/q
Guided
—
No guide given

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

The full earnings report →

How it makes money

Insurance products and reinsurance53%
Investment management, capital markets and Strategic Holdings47%

Shares of revenue are estimates for quarter ended March 31, 2026, high confidence, not figures from a filing.

Competes with

What it sells6

Private equity funds
Funds that buy control of companies or substantial minority stakes, with the aim of increasing their value over time.
Credit funds and private loans
Investment funds that buy corporate loans and bonds or lend directly to companies and owners of financial or physical assets.
Infrastructure and property funds
Funds that invest in assets such as power and utility businesses, transport networks, commercial buildings, homes, and real estate loans.

Show 3 more

K-Series investment vehicles
Funds offered to individual investors through distribution partners; they invest in private companies, infrastructure, credit, or property.
Capital markets services
Help for companies seeking financing, including arranging loans and selling or underwriting debt and equity securities.
Global Atlantic insurance products
Retirement annuities and life insurance for individuals, plus reinsurance, pension-risk transfers, and funding agreements for institutions.

Who buys it4

Pension funds, insurance companies, sovereign wealth funds, endowments, foundations, and investment managers commit money to KKR’s funds.
Individual investors access KKR funds through financial advisers, private banks, broker-dealers, and other distribution partners.
Companies and owners of financial or physical assets seek loans, investment capital, or help arranging financing.
Individuals buy Global Atlantic annuities and life insurance through distribution partners; insurers and pension-plan sponsors use its reinsurance and pension-risk-transfer services.

What it stands on, and what could break it

What the business leans on

1Management fees and fundraising depend on institutional and individual investors committing capital to KKR’s funds and vehicles.
2Carried interest and investment income depend on investment performance, the timing of sales, and whether funds meet the terms for sharing gains.
3Global Atlantic depends on investment income from its assets to help meet long-term payments owed to policyholders.
4Insurance sales depend in part on distribution partners, including banks, broker-dealers, independent marketing organizations, and funeral homes.

What could go wrong

1Market and economic changes can affect investment values, the timing and price of sales, fundraising, capital-markets activity, and demand for insurance products.
2Changes in interest rates, investment returns, policyholder behavior, or insurance rules can affect the value of Global Atlantic’s assets, the cost of its obligations, and the capital it must hold.
3KKR’s fees and some investment gains depend on raising and investing third-party capital; fundraising shortfalls, missed investor capital calls, or investments that fail to meet return hurdles can reduce revenue or delay gains.

Full financial statements →

About KKR & Co. Inc.

KKR manages investors’ money, investing it in company buyouts and minority stakes, business loans and bonds, property, and infrastructure such as power networks. It also arranges financing for businesses and runs Global Atlantic, which sells insurance and takes on insurance and pension obligations from other organizations. KKR earns management and transaction fees, a share of some investment gains, and income from its own investments; Global Atlantic mainly earns the difference between returns on invested premiums and what it owes policyholders. KKR managed $804 billion in assets (September 30, 2026, high confidence).

Head office: New York City, New York, United States
Founded: 1976
Employees: 5,043 (December 31, 2025, high confidence)
Listed on: NYSE
Financial year ends: December 31

Built from KKR & Co. Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 2026 results

From KKR's results release of November 9, 2026; its quarterly report has since been filed.

Revenue
Actual
$4.56B
-17% y/y
-20% q/q
Guided
—
No guide given

The full earnings report →

Keep exploring

The themes KKR is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Asset Management

Graded A or B and worth $2B or more: A first, then the largest.

All 64 graded companies in its industry

Grade rose recently in Financials

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises