KKR reported second-quarter 2026 earnings that beat market expectations, driven by higher fee income from expanding assets under management and gains from asset sales. Adjusted earnings per share came to $1.63, exceeding the $1.41 analyst consensus compiled by LSEG. KKR has been diversifying into areas such as credit in recent years, and during the second quarter it completed the final sale of Japanese semiconductor equipment maker Kokusai Electric and sold shares in software company OneStream. CFO Robert Lewin said it was the largest quarter for asset sales in the firm's history. Management fee revenue rose 25.5% year-on-year to $1.25 billion, while realized performance income, which reflects asset sale gains, nearly doubled to $211.9 million. Second-quarter inflows totaled $34 billion, led by the real assets segment including infrastructure strategies. Private equity inflows were $9.56 billion, while credit inflows fell about 36% year-on-year to $9.1 billion. Co-CEO Scott Nuttall said the firm expects record annual fundraising for the credit business.
KKR & Co. Inc.KKR reported Q2 earnings that beat estimates, with higher fee income and record asset sale gains.
Kokusai Electric Corporation