FS KKR Reports Q3 2026 Earnings with Increased Net Investment Income and Share Repurchases
FS KKR (FSK) reported third-quarter 2026 results characterized by a rise in net investment income to $0.46 per share, up from $0.44 in the previous quarter. This growth was supported by nonrecurring dividend income of $25 million from portfolio company Belk. However, Net Asset Value (NAV) saw a slight decline to $18.28 per share due to realized and unrealized losses within the investment portfolio. The firm continues to focus on capital efficiency through aggressive share repurchases, having bought back 6.2 million shares at an average price of $11.24, which accreted $0.06 to the NAV per share. Despite a slight decrease in total portfolio fair value to $11.3 billion, management highlighted improving asset quality, noting that nonaccrual investments decreased on both a cost and fair value basis compared to the prior quarter.
Tickers: $FSK
Topics: Dividend Distribution Net Asset Value Net Investment Income Share Repurchases