KKR & (KKR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined sharply from the preceding quarter but grew compared to the same quarter last year. The prior quarter had been exceptionally strong, making the sequential contraction appear steep.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined sharply from the preceding quarter but grew compared to the same quarter last year. The prior quarter had been exceptionally strong, making the sequential contraction appear steep.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
-56.8%
Change from the immediately preceding quarter.
Year-over-year
+15.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $3.3B | +78.6% |
| Dec 31, 2023 | $4.4B | +75.4% |
| Mar 31, 2024 | $9.7B | +208.8% |
| Jun 30, 2024 | $4.2B | +15.0% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, reflecting a significant sequential drop.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The year-over-year increase contrasts with the sequential decline, highlighting the irregular pattern of quarterly results.
What to watch
Given the volatile quarterly revenue trend, future filings should clarify whether sequential stability returns.