---
schema_version: "secwatch.filing_event.v1"
accession: "0001025996-23-000110"
form_type: "8-K"
ticker: "KRC"
cik: "0001025996"
company_name: "KILROY REALTY CORP"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:22:34.520930+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kilroy Realty Q1 FFO per share $1.22, up 5.2% YoY; maintains FY23 FFO guidance $4.30-$4.50

## Summary
- Revenue $292.8M (+10.3% YoY); net income $0.48/diluted share (+6.7% YoY).
- FFO $146.0M ($1.22/diluted) vs $137.8M ($1.16) in Q1 2022.
- Stabilized portfolio 89.6% occupied, 91.6% leased; signed 286k sq ft leases.
- Full-year 2023 FFO guidance $4.30-$4.50 per share, unchanged excluding executive retirement costs of $8-14M.
- CEO John Kilroy to retire end of 2023; search ongoing, costs $8-14M in 2023.

## SEC filing metadata
- accession: 0001025996-23-000110
- form_type: 8-K
- ticker: KRC
- cik: 0001025996
- company_name: KILROY REALTY CORP
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025996/000102599623000110/0001025996-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025996/000102599623000110/krc-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025996-23-000110
- JSON: https://secwatch.observer/filing/0001025996-23-000110.json
- Plain text: https://secwatch.observer/filing/0001025996-23-000110.txt

## Key facts
- Earnings Releases
  KILROY REALTY CORP updated its the quarter ended March 31, 2023 guidance (reaffirmed).
  - Period: the quarter ended March 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On April 26, 2023, Kilroy Realty Corporation issued a press release announcing its earnings for the quarter ended March 31, 2023 and distributed certain supplemental financial information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025996/000102599623000110/0001025996-23-000110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.