KKR & Co. Inc.
For the period ended Mar 31, 2026. Filed May 8, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2025-09-30; filed 2025-11-07.
0001404912-25-000042
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2026-03-31; filed 2026-05-08.
0001404912-26-000017
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 12 previous paragraphs and 33 current paragraphs.
5 unchanged; 7 reworded; 8 added; 0 removed; 0 previous and 13 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (8)
Current report
equity awards were retired.
Current report
program will automatically increase by an additional$500 million to the then remaining available amount (the “Share Repurchase Program Increase
Current report
Threshold”). As of May 1, 2026, there was approximately$122 million remaining under the program. Any additional increases to the total available
Current report
The repurchase program does not have an expiration date.
Current report
On March 30, 2026, we issued 15,105 shares of KKR & Co. Inc. common stock to one of our fund investors in connection
Current report
with arrangements related to the fees paid by such fund investor with respect to its investments. The shares were issued
Reworded paragraphs (7)
Previous wording
Other than as set forth in "Management's Discussion and Analysis of Financial Condition and Results of Operations—Business Environment" in this report, there were no material changes to the risk factors disclosed in our Annual Report.
Current wording
Business Environment" in this report, there were no material changes to the risk factors disclosed in our Annual Report.
Previous wording
Share Repurchases in the Three Months Ended September 30, 2025
Current wording
Share Repurchases in the Three Months Ended March 31,2026
Previous wording
Under our current share repurchase program, KKR is authorized to repurchase its common stock from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing, manner, price and amount of any common stock repurchases will be determined by KKR in its discretion and will depend on a variety of factors, including legal requirements, price and economic and market conditions. KKR expects that the program, which has no expiration date, will continue to be in effect until the maximum approved dollar amount has been used. The program does not require KKR to repurchase any specific number of shares of common stock, and the program may be suspended, extended, modified or discontinued at any time. In addition to the repurchases of common stock described above, the repurchase program is used for the retirement (by cash settlement or the payment of tax withholding amounts upon net settlement) of equity awards issued pursuant to our Equity Incentive Plan representing the right to receive shares of common stock.
Current wording
Under our current share repurchase program, KKR is authorized to repurchase its common stock from time to time in
Previous wording
As of October 31, 2025, there is approximately $440 million remaining under KKR's share repurchase program.
Current wording
As of May 1, 2026, there is approximately$122 million remaining under KKR's share repurchase program.
Previous wording
The table below sets forth the information with respect to repurchases made by or on behalf of KKR & Co. Inc. or any "affiliated purchaser" (as defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock for the periods presented. During the three months ended September 30, 2025, no shares of common stock were repurchased, and 8,333 equity awards were retired.
Current wording
The table below sets forth the information with respect to repurchases made by or on behalf of KKR & Co. Inc. or any
Previous wording
(1)As previously announced in April 2024, the share repurchase program was amended such that when the remaining available amount under the share repurchase program becomes $50 million or less (the “Share Repurchase Program Increase Threshold”), the total available amount under the share repurchase program would automatically add an additional $500 million to the then remaining available amount of $50 million or less. The Share Repurchase Program Increase Threshold was reached during the three months ended June 30, 2025, and the share repurchase program total available amount increased by $500 million. Any additional increases to this remaining available amount would require a separate approval by the Board of Directors of KKR & Co. Inc.
Current wording
(1)Our existing share repurchase program was announced in April 2024. In March 2026, the share repurchase program was amended such that when the
Previous wording
On July 30, 2025, and September 29, 2025, in connection with our acquisition of a majority ownership stake in HealthCare Royalty Management, LLC, a biopharma royalty acquisition company, we issued an aggregate of 0.4 million restricted holdings units through KKR Holdings III (“Holdings III Units”) as partial consideration for the transaction. Holdings III Units may be exchanged for shares of KKR common stock on a one-for-one basis, subject to applicable vesting and certain other conditions. The Holdings III Units were issued pursuant to Section 4(a)(2) of the Securities Act, exempting issuances by an issuer not involving a public offering.
Current wording
pursuant to Section 4(a)(2) of the Securities Act, exempting issuances by an issuer not involving a public offering.
Rearranged current paragraphs (13)
Current report — wording carried from elsewhere
Other than as set forth in "Management's Discussion and Analysis of Financial Condition and Results of Operations—
Current report — wording carried from elsewhere
open market transactions, in privately negotiated transactions or otherwise. The timing, manner, price and amount of any
Current report — wording carried from elsewhere
common stock repurchases will be determined by KKR in its discretion and will depend on a variety of factors, including legal
Current report — wording carried from elsewhere
requirements, price and economic and market conditions. KKR expects that the program, which has no expiration date, will
Current report — wording carried from elsewhere
continue to be in effect until the maximum approved dollar amount has been used. The program does not require KKR to
Current report — wording carried from elsewhere
repurchase any specific number of shares of common stock, and the program may be suspended, extended, modified or
Current report — wording carried from elsewhere
discontinued at any time. In addition to the repurchases of common stock described above, the repurchase program is used
Current report — wording carried from elsewhere
for the retirement (by cash settlement or the payment of tax withholding amounts upon net settlement) of equity awards
Current report — wording carried from elsewhere
issued pursuant to our Equity Incentive Plan representing the right to receive shares of common stock.
Current report — wording carried from elsewhere
"affiliated purchaser" (as defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock for the periods
Current report — wording carried from elsewhere
presented. During the three months ended March 31,2026, 2,173,970 shares of common stock were repurchased, and 578
Current report — wording carried from elsewhere
remaining available amount under the share repurchase program becomes$50 million or less, the total available amount under the share repurchase
Current report — wording carried from elsewhere
amount after the Share Repurchase Program Increase Threshold is reached would require a separate approval by the Board of Directors of KKR & Co. Inc.