earnings
confidence high
sentiment neutral
materiality 0.70
Kilroy Q4 FFO $0.97 vs $1.20 YoY; leasing strongest in six years; 2026 FFO guidance $3.25-$3.45
KILROY REALTY CORP
2025-FY EPS reported
$2.32
revenue$1,112,667,000
- Q4 revenue $272.2M (down from $286.4M); net income $12.4M ($0.10 diluted EPS) vs $59.5M ($0.50) YoY.
- Full-year 2025 net income $276.1M ($2.32) vs $211.0M ($1.77); FFO $505.9M ($4.20) vs $551.6M ($4.59).
- Signed 827k sq ft in Q4 (best Q4 in 6 years); KOP 2 now 44% leased after 316k sq ft new leases.
- Completed $61M Sunset Media Center sale; acquired Nautilus Campus for $192M; closed $124.5M Sabre Springs sale in Jan 2026.
- 2026 FFO guidance $3.25-$3.45 per diluted share; same-property cash NOI growth -1.5% to 0%; disposition assumption +/- $300M.