Amazon KDP

Current KENP Rate: KDP Per-Page Payout

The current KENP rate Amazon pays per Kindle Unlimited page read, plus the full month-by-month history and how it is calculated. · Updated May 9, 2026

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Current KENP rate · April 2026

$0.00482

This is what Amazon pays per Kindle Unlimited page read (KENPC) in April 2026, the most recent month on record. The rate is the monthly KDP Select Global Fund divided by all pages read, so it shifts each month.

At this rate, a 300-page book read in full earns the author about $1.45 ($0.00482 × 300 pages).

KENP rate monthly history

Source: Amazon KDP — Royalties in Kindle Unlimited (Global Fund input)

The per-page KENP rate is derived from Amazon's monthly Global Fund divided by total pages read. Amazon publishes the Global Fund directly but does not publish the resulting per-page rate as a headline number, so the values below are author-reported and trade-press tracked.

Recent monthly rates

MonthPer-page ratePer 300-page readNote
April 2026$0.00482~$1.45
March 2026$0.00469~$1.41
February 2026$0.00469~$1.41
January 2026$0.00420~$1.26
December 2025$0.00480~$1.44
November 2025$0.00475~$1.42
October 2025$0.00501~$1.505-year high, holiday demand outpacing KU author growth
September 2025$0.00452~$1.36
August 2025$0.00428~$1.28
July 2025$0.00419~$1.26
June 2025$0.00430~$1.29
May 2025$0.00440~$1.32

Annual KENP rate averages

The average per-page rate for each calendar year, with the within-year low and high. 2015 covers July to December; the current year may be partial.

YearAvg per-page rateRange (low–high)Per 300-page read
2026 (4 mo)$0.00460$0.00420–$0.00482~$1.38
2025$0.00444$0.00409–$0.00501~$1.33
2024$0.00433$0.00409–$0.00462~$1.30
2023$0.00422$0.00399–$0.00458~$1.27
2022$0.00447$0.00426–$0.00471~$1.34
2021$0.00447$0.00422–$0.00476~$1.34
2020$0.00442$0.00420–$0.00464~$1.33
2019$0.00462$0.00439–$0.00493~$1.39
2018$0.00467$0.00448–$0.00520~$1.40
2017$0.00453$0.00403–$0.00506~$1.36
2016$0.00487$0.00411–$0.00538~$1.46
2015 (6 mo)$0.00505$0.00461–$0.00578~$1.52

What is KENP and how the rate is set

KENP stands for Kindle Edition Normalized Pages, Amazon's standardized way of counting how much of a book a Kindle Unlimited or KOLL reader actually reads. Every enrolled title is assigned a KENPC page count, and authors are paid for normalized pages read rather than for borrows or sales.

The per-page rate is not a fixed price Amazon sets in advance. It is a residual: Amazon allocates a monthly KDP Select Global Fund, then splits it across every KENP page read that month across all enrolled titles. In formula terms:

KENP rate = Global Fund ÷ total KENP pages read

Because both the fund and total pages read move every month, the per-page rate floats.

Worked example: a 300-page book

Suppose a reader borrows a 300-KENP-page book and reads it cover to cover. At the current April 2026 rate of $0.00482 per page, the author earns:

$0.00482 × 300 pages = $1.45

If the reader stops at the halfway mark, the author earns only for the ~150 pages read, roughly $0.72. This is why both page count and reader retention matter under the KENP model: a longer book that readers finish earns more per borrow than a short one or one that gets abandoned early.

Current KENP Rate FAQ

What is the current KENP rate in April 2026?
The most recent KENP per-page rate is $0.00482, for April 2026. That is the amount Amazon pays a Kindle Unlimited author for each normalized page (KENPC) a subscriber reads. The rate is not fixed: Amazon divides the monthly KDP Select Global Fund by the total pages read across all enrolled titles that month, so it drifts up or down with demand and the number of pages read.
What is the KENP rate and how is it calculated?
KENP stands for Kindle Edition Normalized Pages, Amazon's standardized page-count for Kindle Unlimited and KOLL borrows. The per-page rate is not published directly by Amazon. It is the monthly KDP Select Global Fund divided by the total KENP pages read across every enrolled title that month. Because both the fund and total pages read change each month, the resulting per-page payout floats, usually landing somewhere in the $0.004 to $0.005 range in recent years.
Why does the KENP rate change every month?
The KENP rate is a residual, not a set price. Amazon fixes the size of the Global Fund for the month, then splits it across all pages read. If readers collectively read more pages but the fund grows more slowly, the per-page rate falls; if the fund outpaces reading, it rises. Seasonal demand (holiday reading), new authors entering Kindle Unlimited, and Amazon's discretionary top-ups to the fund all move the number.
How much do you earn per book read on Kindle Unlimited?
It depends on the book's KENP length and how much of it is read. At the current $0.00482 rate, a 300-page read-through earns about $1.45. A reader who stops halfway earns the author roughly half of that. Longer books with high completion rates earn the most, which is why page count and reader retention both matter under the KENP model.
Where does the money for the KENP rate come from?
From the KDP Select Global Fund, a pool Amazon allocates every month to pay Kindle Unlimited and KOLL page reads. The fund has grown from $2.5M at Kindle Unlimited's July 2014 launch to $70.3M a month. See our Global Fund page for the full monthly history of the pool that sets this rate.

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Current KENP Rate (Jun 2026): KDP Per-Page Payout