secwatch.observer — SEC 8-K summary
======================================

Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001628280-26-006492
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Q4 FFO $0.97 vs $1.20 YoY; leasing strongest in six years; 2026 FFO guidance $3.25-$3.45
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026006492/0001628280-26-006492-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026006492/krc-20260209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-006492

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer