KBRA Releases Research – Private Credit: Recurring Revenue Loan Metrics Dashboard, Q1 2026
KBRA releases an updated report tracking key metrics within the recurring revenue loan (RRL) securitization portfolio.
KBRA continues to track and present several key metrics in a dashboard format, sourced from quarterly collateral loan tapes provided by 23 KBRA-rated RRL asset-backed securities (ABS) transactions. This update incorporates collateral tapes dated as of March 2026, which include 102 unique obligors.
Weighted-Average Portfolio Key Statistics
On an aggregate portfolio basis, annual recurring revenue (ARR) for the dashboard population is $177.6 million, down 0.9% quarter-over-quarter (QoQ) and 0.7% year-over-year (YoY), but remains above the historical average of $175.1 million.
