Earnings summaries and quarterly performance for KILROY REALTY.
Executive leadership at KILROY REALTY.
Angela Aman
Detailed
Chief Executive Officer
CEO
ET
Eliott Trencher
Detailed
Executive Vice President, Chief Investment Officer
HR
Heidi Roth
Detailed
Executive Vice President, Chief Administrative Officer and Assistant Secretary
JK
Jeffrey Kuehling
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
JS
Justin Smart
Detailed
President
LS
Lauren Stadler
Detailed
Executive Vice President, General Counsel and Secretary
RP
Robert Paratte
Detailed
Executive Vice President, Chief Leasing Officer
SS
Sherrie Schwartz
Detailed
Executive Vice President, Chief Human Resources Officer
Board of directors at KILROY REALTY.
Research analysts who have asked questions during KILROY REALTY earnings calls.
Dylan Burzinski
Green Street Advisors, LLC
8 questions for KRC
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Steve Sakwa
Evercore ISI
8 questions for KRC
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Brendan Lynch
Barclays
7 questions for KRC
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CB
Caitlin Burrows
Goldman Sachs
7 questions for KRC
Also covers: ALX, BNL, BRX +19 more
MC
Michael Carroll
RBC Capital Markets
7 questions for KRC
Also covers: AHR, ARE, COLD +18 more
Upal Rana
KeyBanc Capital Markets
7 questions for KRC
Also covers: ADC, BDN, BNL +9 more
AP
Anthony Paolone
JPMorgan Chase & Co.
6 questions for KRC
Also covers: ALX, ARE, AVB +32 more
John Kim
BMO Capital Markets
6 questions for KRC
Also covers: AIV, ALX, ARDX +34 more
Blaine Heck
Wells Fargo Securities
4 questions for KRC
Also covers: BXP, CDP, COLD +14 more
Nicholas Yulico
Scotiabank
4 questions for KRC
Also covers: AHR, ALX, AVB +20 more
Nick Yulico
Scotiabank
4 questions for KRC
Also covers: AHR, ALX, AVB +8 more
OO
Omotayo Okusanya
Deutsche Bank AG
3 questions for KRC
Also covers: AMH, ARE, AVB +43 more
PA
Peter Abramowitz
Jefferies
3 questions for KRC
Also covers: AHH, ARE, BXP +14 more
JG
Jana Galan
Bank of America
2 questions for KRC
Also covers: ADC, AHH, AVB +24 more
JG
Jana Gallen
Bank of America
2 questions for KRC
Also covers: AVB, ELS, EPR +1 more
Jeffrey Spector
BofA Securities
2 questions for KRC
Also covers: AKR, AMH, AVB +25 more
JG
Jonna Galen
Bank of America
2 questions for KRC
Also covers: KW
Michael Griffin
Citigroup Inc.
2 questions for KRC
Also covers: AHR, ALX, ARE +35 more
SB
Seth Berge
Citigroup
2 questions for KRC
Also covers: BDN, BXP, CBRE +5 more
SB
Seth Burgie
Citigroup
2 questions for KRC
VM
Vikram Malhotra
Mizuho Financial Group, Inc.
2 questions for KRC
Also covers: ALX, ARE, BXP +19 more
CS
Caitlin Szczupak
Goldman Sachs
1 question for KRC
Also covers: PSA, SPG
James Feldman
Wells Fargo
1 question for KRC
Also covers: AMH, ARE, AVB +16 more
Jamie Feldman
Wells Fargo & Company
1 question for KRC
Also covers: ADC, AMH, ARE +19 more
JM
John McCann
BMO
1 question for KRC
JP
John P. Kim
BMO
1 question for KRC
OB
Ohad Bregman
Deutsche Bank
1 question for KRC
PA
Peter Abramowicz
Deutsche Bank
1 question for KRC
Seth Bergey
Citi
1 question for KRC
Also covers: AHR, BDN, BXP +16 more
Sydney McEntee
Citigroup Inc.
1 question for KRC
Also covers: AKR, KIM
WC
William Catherwood
BTIG
1 question for KRC
Also covers: ARE, ARI, BRSP +14 more
YK
Young Ku
Wells Fargo
1 question for KRC
Also covers: HIW, HPP, MMI
Recent press releases and 8-K filings for KRC.
Kilroy Realty Reports Q4 and Full Year 2025 Financial Results and Issues 2026 Guidance
KRC
Earnings
Guidance Update
Dispositions
- Kilroy Realty reported Q4 2025 revenues of $272.2 million and diluted FFO per share of $0.97, compared to $286.4 million and $1.20, respectively, in Q4 2024. For the full year 2025, revenues were $1,112.7 million and diluted FFO per share was $4.20.
- The company signed approximately 2,051,000 square feet of leases in 2025, marking its highest annual leasing volume since 2019. However, GAAP and cash rents on leases signed during the year decreased 9.3% and 18.4%, respectively, from prior levels on Second Generation leasing.
- Kilroy Realty initiated Nareit-defined FFO per share guidance for 2026 at $3.25 to $3.45 per diluted share. Key assumptions for 2026 include Same Property Cash Net Operating Income growth ranging from (1.50%) to 0.00% and dispositions of +/- $300 million.
Feb 10, 2026, 6:00 PM
Kilroy Realty Reports Q4 2025 Results and Provides 2026 Guidance
KRC
Earnings
Guidance Update
New Projects/Investments
- Kilroy Realty reported Q4 2025 FFO of $0.97 per diluted share and provided 2026 FFO guidance of $3.25-$3.45 per diluted share.
- The company achieved its strongest Q4 leasing performance in six years with 827,000 sq ft leased, contributing to 2.1 million sq ft for the full year 2025. Occupancy ended 2025 at 81.6%, a 60 basis point sequential improvement.
- Strategic capital recycling included $186 million in asset sales (Sunset Media Center for $61 million and Kilroy Sabre Springs for $125 million) and the acquisition of the Nautilus life science campus for $192 million. The company plans to sell $300 million in operating portfolio assets in 2026.
- At Kilroy Oyster Point Phase Two (KOP2), 316,000 sq ft of leases were executed, including a 280,000 sq ft full building lease with UCSF, bringing the lease rate to 44%. The anticipated yield at KOP2 is now in the mid-5% range.
Feb 10, 2026, 6:00 PM
Kilroy Realty Reports Q4 2025 Results and Provides 2026 Guidance
KRC
Earnings
Guidance Update
M&A
- Kilroy Realty reported Q4 2025 FFO of $0.97 per diluted share and achieved 81.6% occupancy at year-end, a 60 basis point sequential improvement.
- The company recorded its strongest fourth-quarter leasing performance in six years with approximately 827,000 sq ft, contributing to 2.1 million sq ft for the full year. This included 316,000 sq ft of lease executions at Kilroy Oyster Point Phase Two, bringing its lease rate to 44%.
- Significant capital recycling activity included the sale of Sunset Media Center for $61 million and Kilroy Sabre Springs for $125 million, with total sales closed or under contract in 2025 and January 2026 reaching approximately $755 million.
- Strategic acquisitions included the Nautilus life science campus for $192 million in Torrey Pines, which is expected to achieve stabilized yields in the upper single digits.
- For 2026, Kilroy provided FFO guidance of $3.25-$3.45 per diluted share and projects average occupancy between 76%-78%, while planning approximately $325 million in operating dispositions.
Feb 10, 2026, 6:00 PM
Kilroy Realty Corporation Reports Q4 and Full Year 2025 Financial Results
KRC
Earnings
Guidance Update
New Projects/Investments
- Kilroy Realty Corporation reported Q4 2025 revenues of $272.2 million and full-year 2025 revenues of $1,112.7 million, both decreasing from the prior year.
- Net income available to common stockholders for Q4 2025 was $12.4 million ($0.10 per diluted share), and Funds from Operations (FFO) was $117.2 million ($0.97 per diluted share), reflecting a decline compared to Q4 2024.
- The stabilized portfolio was 81.6% occupied and 83.8% leased at December 31, 2025, with GAAP and cash rents on Second Generation leasing decreasing 16.8% and 27.1% respectively in Q4 2025.
- The company completed significant capital recycling in 2025, including the sale of Sunset Media Center for $61.0 million and the acquisition of the Nautilus Campus for $192.0 million.
- Kilroy Realty initiated Nareit-defined FFO per diluted share guidance for 2026 of $3.25 to $3.45.
Feb 9, 2026, 9:38 PM
Kilroy Realty Corporation Reports Q4 and Full Year 2025 Financial Results and Issues 2026 Guidance
KRC
Earnings
Guidance Update
New Projects/Investments
- Kilroy Realty Corporation reported Q4 2025 Funds From Operations (FFO) of $0.97 per diluted share and full-year 2025 FFO of $4.20 per diluted share, compared to $1.20 and $4.59 per diluted share for the respective periods in 2024.
- The company initiated Nareit-defined FFO per share guidance for 2026 of $3.25 to $3.45 per diluted share.
- In Q4 2025, KRC signed approximately 827,000 square feet of leases, marking its strongest fourth-quarter leasing performance in six years, with the stabilized portfolio 81.6% occupied and 83.8% leased at December 31, 2025.
- GAAP and cash rents on leases signed during Q4 2025 decreased 16.8% and 27.1%, respectively, from prior levels on Second Generation leasing, though excluding two specific leases, GAAP rents would have increased 16.2%.
- The company engaged in significant capital recycling in Q4 2025, completing the sale of Sunset Media Center for $61.0 million and acquiring the Nautilus Campus for $192.0 million.
Feb 9, 2026, 9:07 PM
Kilroy Realty Corporation Announces Additional Leasing at Kilroy Oyster Point Phase 2
KRC
New Projects/Investments
- Kilroy Realty Corporation (KRC) announced 300,000 square feet of additional lease executions during 2025 at Kilroy Oyster Point Phase 2 (KOP 2).
- This brings the total leasing at KOP 2 to 384,000 square feet, representing approximately 44% leased.
- The University of California, San Francisco (UCSF) signed a 16.5-year lease for approximately 280,000 square feet in Q4 2025, occupying an entire building, with occupancy expected in Q4 2027.
- An additional 20,000 square foot lease was executed in Q4 2025 with a new genomic sequencing foundry, which commenced occupancy upon lease execution.
Jan 5, 2026, 2:00 PM
Kent Road Capital Establishes Bloor Street Flexibles and Announces Inaugural Acquisition
KRC
New Projects/Investments
M&A
- Kent Road Capital (KRC) has established Bloor Street Flexibles, a new platform company dedicated to the flexible packaging sector.
- Bloor Street Flexibles has completed its inaugural acquisition of a leading manufacturer of sustainable and innovative flexible films, serving the food & beverage, agriculture, and industrial markets across the U.S. and Canada.
- The platform was formed in partnership with Dave Timm, an industry veteran who will serve as a key strategic partner in driving its growth.
- This initiative represents KRC's strategic entry into the North American flexible packaging market, with a focus on acquiring and integrating high-performing manufacturers.
Dec 9, 2025, 1:00 PM
Kilroy Realty Corporation Reports Strong Q3 2025 Leasing Activity and Raises FFO Outlook
KRC
Earnings
New Projects/Investments
Guidance Update
- Kilroy Realty Corporation reported strong leasing activity in Q3 2025, signing over 550,000 square feet of new and renewal leases, marking its highest third quarter and strongest year-to-date performance in six years. San Francisco office demand reached a post-pandemic high of nearly 9 million square feet, driven by AI and technology companies.
- The company has signed 84,000 square feet of leases at Kilroy Oyster Point Phase Two (KOP2) to date, including significant leases with NBC BioLabs and Acadia Pharmaceuticals, and expects to exceed its goal of 100,000 square feet of lease executions by year-end.
- Kilroy completed the sale of a Silicon Valley campus for gross sales proceeds of $365 million and acquired Maple Plaza in Beverly Hills for $205 million, with the acquisition basis of roughly $670 per square foot significantly below estimated replacement costs of $1,200 per square foot.
- Q3 2025 FFO was $1.08 per diluted share, and the company raised its 2025 FFO outlook to a range of $4.18 to $4.24 per share, representing a $0.01 per share increase at the midpoint. Occupancy improved modestly to 81% at the end of Q3, up from 80.8% at the end of Q2.
Oct 28, 2025, 5:00 PM
Kilroy Realty Reports Strong Q3 2025 Leasing Activity and Raises FFO Outlook
KRC
Earnings
Guidance Update
New Projects/Investments
- Kilroy Realty Corporation reported Q3 2025 FFO of $1.08 per diluted share and raised its 2025 FFO outlook to a range of $4.18 to $4.24 per share, reflecting a $0.01 increase at the midpoint.
- The company achieved its strongest third quarter of leasing activity in six years, signing over 550,000 square feet of new and renewal leases, with San Francisco office demand reaching a post-pandemic high of nearly 9 million square feet.
- At Kilroy Oyster Point Phase Two (KOP2), 84,000 square feet of leases have been signed to date, and the company expects to exceed its year-end goal of 100,000 square feet.
- Kilroy completed the sale of a Silicon Valley campus for $365 million and acquired Maple Plaza in Beverly Hills for $205 million during the quarter.
Oct 28, 2025, 5:00 PM
Kilroy Realty Corporation Reports Strong Q3 2025 Leasing Activity and Raises FFO Outlook
KRC
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- Kilroy Realty Corporation signed over 550,000 sq ft of new and renewal leases in Q3 2025, marking its highest third quarter and strongest year-to-date performance in six years. This includes significant activity in San Francisco, where office demand reached a post-pandemic high of nearly 9 million sq ft, and 84,000 sq ft of leases at Kilroy Oyster Point Phase 2.
- The company reported Funds From Operations (FFO) of $1.08 per diluted share for Q3 2025 and raised its 2025 FFO outlook to a range of $4.18-$4.24 per share, an increase of $0.01 per share at the midpoint.
- Occupancy improved modestly to 81% at the end of Q3 2025, up from 80.8% in Q2, with a 230 basis point spread between leased and occupied space. Additionally, 2026 lease expirations have been reduced to approximately 970,000 sq ft, reflecting a retention ratio of over 40%.
- Kilroy completed the sale of a Silicon Valley campus for $365 million and acquired Maple Plaza in Beverly Hills for $205 million during the quarter, contributing to $405 million in sales for the first three quarters of the year.
Oct 28, 2025, 5:00 PM
Quarterly earnings call transcripts for KILROY REALTY.
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