Kilroy Realty (KRC) Financials

$34.74 +0.30 (+0.88%)

Closing price 03:59 PM Eastern

Extended Trading

$35.21 +0.47 (+1.35%)

As of 07:57 PM Eastern

Annual Income Statements for Kilroy Realty

This table shows Kilroy Realty's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	221	281	151	258	195	187	628	233	212	211	276
Consolidated Net Income / (Loss)	239	304	181	278	215	207	659	259	238	233	303
Net Income / (Loss) Continuing Operations	239	418	311	278	208	207	659	259	238	233	303
Total Pre-Tax Income	112	254	271	123	215	172	196	242	238	233	303
Total Revenue	581	643	653	698	874	828	864	1,097	1,130	1,136	1,240
Net Interest Income / (Expense)	0.00	0.00	-66	-50	0.00	-71	-79	0.00	0.00	0.00	0.00
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	0.00	0.00	66	50	0.00	71	79	0.00	0.00	0.00	0.00
Total Non-Interest Income	581	643	719	747	874	898	943	1,097	1,130	1,136	1,240
Other Service Charges	2.15	-	-	9.69	11	6.09	6.05	11	12	18	19
Net Realized & Unrealized Capital Gains on Investments	-	-	-	-	37	0.00	-12	-	0.00	0.00	127
Other Non-Interest Income	579	643	719	738	826	892	949	1,086	1,118	1,118	1,094
Total Non-Interest Expense	412	335	383	561	615	659	672	772	801	800	802
Other Operating Expenses	204	112	130	301	342	360	362	415	445	444	447
Depreciation Expense	204	217	246	254	273	299	310	358	355	356	355
Nonoperating Income / (Expense), net	-57	-54	0.19	-13	-44	3.42	3.92	-83	-91	-103	-135
Net Income / (Loss) Attributable to Noncontrolling Interest	4.52	10	16	20	20	20	31	27	26	22	27
Basic Earnings per Share	$2.44	$3.00	$1.52	$2.56	$1.87	$1.63	$5.38	$1.98	$1.80	$1.78	$2.33
Weighted Average Basic Shares Outstanding	89.85M	92.34M	98.11M	99.97M	103.20M	113.24M	116.43M	116.81M	117.16M	117.65M	118.28M
Diluted Earnings per Share	$2.42	$2.97	$1.51	$2.55	$1.86	$1.63	$5.36	$1.97	$1.80	$1.77	$2.32
Weighted Average Diluted Shares Outstanding	90.40M	93.02M	98.73M	100.48M	103.85M	113.72M	116.95M	117.22M	117.51M	118.16M	118.83M
Weighted Average Basic & Diluted Shares Outstanding	90.50M	93.80M	99.50M	100.90M	106.17M	116.37M	116.72M	117.09M	117.33M	118.14M	118.50M
Cash Dividends to Common per Share	$1.40	$3.38	$1.65	$1.79	$1.91	$1.97	$2.04	-	$2.16	$2.16	$2.16

This table shows Kilroy Realty's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	56	53	47	50	49	52	59	39	68	156	12
Consolidated Net Income / (Loss)	61	59	53	56	55	58	65	44	80	162	17
Net Income / (Loss) Continuing Operations	61	59	53	56	55	58	65	44	80	162	17
Total Pre-Tax Income	61	59	53	56	55	58	65	44	80	162	17
Total Revenue	284	284	295	279	281	290	325	271	306	390	272
Total Non-Interest Income	284	284	269	279	281	290	286	271	306	390	272
Other Service Charges	2.97	2.91	3.37	3.69	4.81	3.99	5.02	4.60	4.82	4.84	4.82
Other Non-Interest Income	281	281	266	275	276	286	281	266	285	275	267
Total Non-Interest Expense	200	202	194	197	199	205	199	197	197	199	209
Other Operating Expenses	110	117	108	109	112	114	110	110	109	112	116
Depreciation Expense	90	85	86	88	87	92	89	87	88	87	93
Nonoperating Income / (Expense), net	-23	-23	-47	-26	-27	-27	-61	-30	-30	-29	-46
Net Income / (Loss) Attributable to Noncontrolling Interest	5.69	5.98	5.76	5.78	5.34	5.30	5.57	4.67	11	6.06	4.67
Basic Earnings per Share	$0.47	$0.45	$0.40	$0.42	$0.41	$0.44	$0.51	$0.33	$0.58	$1.32	$0.10
Weighted Average Basic Shares Outstanding	117.15M	117.18M	117.16M	117.34M	117.38M	117.83M	117.65M	118.19M	118.29M	118.30M	118.28M
Diluted Earnings per Share	$0.47	$0.45	$0.40	$0.42	$0.41	$0.44	$0.50	$0.33	$0.57	$1.31	$0.11
Weighted Average Diluted Shares Outstanding	117.36M	117.50M	117.51M	117.96M	117.66M	118.24M	118.16M	118.66M	118.68M	118.82M	118.83M
Weighted Average Basic & Diluted Shares Outstanding	117.18M	117.24M	117.33M	117.37M	117.39M	118.05M	118.14M	118.28M	118.29M	118.31M	118.50M

This table details how cash moves in and out of Kilroy Realty's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-42	829	-183	104	-95	747	-396	-80	163	-344	14
Net Cash From Operating Activities	272	345	347	410	387	456	516	592	603	541	566
Net Cash From Continuing Operating Activities	272	345	347	410	387	456	516	592	603	541	566
Net Income / (Loss) Continuing Operations	239	304	181	278	215	207	659	259	238	233	303
Consolidated Net Income / (Loss)	239	304	181	278	215	207	659	259	238	233	303
Depreciation Expense	204	217	246	254	273	299	310	358	355	356	355
Amortization Expense	-20	-18	-22	-27	-26	-21	-20	-25	-20	-13	-12
Non-Cash Adjustments to Reconcile Net Income	-156	-173	-49	-135	-82	-73	-471	-35	29	17	-79
Changes in Operating Assets and Liabilities, net	4.41	14	-12	40	9.70	24	37	36	-0.52	-52	-0.80
Net Cash From Investing Activities	-337	-579	-359	-809	-1,228	-542	-748	-553	-800	-225	-240
Net Cash From Continuing Investing Activities	-337	57	-359	-809	-1,228	-542	-748	-553	-800	-225	-240
Purchase of Property, Leasehold Improvements and Equipment	-100	-112	-88	-166	-148	-130	-121	-93	-97	-100	-116
Purchase of Investment Securities	-556	-351	-417	-1,058	-1,205	-487	-1,677	-494	-703	-144	-572
Sale of Property, Leasehold Improvements and Equipment	-	-	-	-	-	-	-	0.00	0.00	19	0.00
Sale and/or Maturity of Investments	320	325	182	379	124	75	1,049	33	0.00	0.00	448
Net Cash From Financing Activities	23	427	-171	503	747	833	-165	-119	361	-661	-313
Net Cash From Continuing Financing Activities	23	427	-171	503	747	833	-165	-119	361	-661	-313
Issuance of Debt	648	475	944	1,534	1,609	962	450	200	695	396	461
Repayment of Debt	-875	-379	-919	-962	-986	-590	-317	-5.56	-26	-730	-471
Payment of Dividends	-140	-151	-348	-179	-196	-225	-237	-248	-255	-256	-258
Other Financing Activities, Net	3.15	451	26	-20	-33	-36	-60	-66	-53	-70	-45

This table details how cash moves in and out of Kilroy Realty's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-114	257	-109	345	-19	-210	-460	-19	46	179	-193
Net Cash From Operating Activities	101	209	110	168	89	176	108	137	144	177	109
Net Cash From Continuing Operating Activities	101	209	110	168	89	176	108	137	144	177	109
Net Income / (Loss) Continuing Operations	61	59	53	56	55	58	65	44	80	162	17
Consolidated Net Income / (Loss)	61	59	53	56	55	58	65	44	80	162	17
Depreciation Expense	90	85	86	88	87	92	89	87	88	87	93
Amortization Expense	-5.01	-4.20	-3.97	-3.85	-3.42	-2.90	-2.99	-3.04	-3.16	-2.91	-2.73
Non-Cash Adjustments to Reconcile Net Income	2.00	7.70	5.77	5.14	4.68	6.45	2.51	9.16	-9.24	-104	25
Changes in Operating Assets and Liabilities, net	-48	61	-38	23	-54	22	-43	0.00	-11	33	-23
Net Cash From Investing Activities	-138	-401	-140	77	-36	-174	-91	-77	-24	89	-229
Net Cash From Continuing Investing Activities	-138	-401	-140	77	-36	-174	-91	-77	-24	89	-229
Purchase of Property, Leasehold Improvements and Equipment	-24	-24	-29	-16	-19	-29	-36	-21	-25	-28	-42
Purchase of Investment Securities	-114	-377	-111	-85	-95	111	-332	-55	-26	-247	-243
Sale and/or Maturity of Investments	-	-	-	178	78	-	-	0.00	28	364	55
Net Cash From Financing Activities	-78	449	-79	100	-72	-212	-476	-79	-74	-87	-73
Net Cash From Continuing Financing Activities	-78	449	-79	100	-72	-212	-476	-79	-74	-87	-73
Repayment of Debt	-1.44	-16	-7.76	-201	-1.49	-122	-405	-1.54	-1.55	-467	-1.58
Payment of Dividends	-64	-64	-64	-64	-64	-64	-64	-64	-64	-65	-65
Other Financing Activities, Net	-13	-16	-7.24	-30	-6.28	-27	-6.84	-13	-7.60	-17	-6.98

This table presents Kilroy Realty's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	5,926	6,707	6,803	7,766	8,900	10,001	10,583	10,797	11,401	10,898	10,915
Cash and Due from Banks	57	193	58	52	60	732	414	347	510	166	179
Trading Account Securities	13	15	21	22	27	27	27	24	285	28	31
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	5,334	5,921	6,154	7,035	8,067	8,391	9,289	9,513	9,723	9,835	9,691
Deferred Acquisition Cost	177	208	184	198	213	211	234	251	230	226	278
Other Assets	346	312	378	340	516	536	605	641	640	633	735
Total Liabilities & Shareholders' Equity	5,926	6,707	6,803	7,766	8,900	10,001	10,583	10,797	11,401	10,898	10,915
Total Liabilities	2,692	2,947	2,843	3,564	4,329	4,723	4,894	5,122	5,741	5,289	5,277
Non-Interest Bearing Deposits	49	52	56	60	67	69	75	81	79	71	76
Long-Term Debt	2,225	2,320	2,306	2,852	3,308	3,924	4,069	4,263	4,928	4,598	4,589
Other Long-Term Liabilities	136	150	439	572	238	226	750	713	298	556	612
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,235	3,759	3,960	4,201	4,571	5,277	5,690	5,675	5,660	5,609	5,638
Total Preferred & Common Equity	3,171	3,543	3,701	3,930	4,294	5,030	5,440	5,437	5,428	5,382	5,421
Total Common Equity	2,979	3,351	3,701	3,930	4,294	5,030	5,440	5,437	5,428	5,382	5,421
Common Stock	3,049	3,459	3,823	3,978	4,352	5,133	5,156	5,172	5,207	5,211	5,232
Retained Earnings	-70	-108	-123	-48	-58	-103	284	265	221	171	189
Noncontrolling Interest	64	216	260	271	277	247	250	238	232	227	217

This table presents Kilroy Realty's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	10,620	10,969	10,911	11,471	11,599	11,544	11,381	10,879	10,868	10,992
Cash and Due from Banks	250	476	362	619	855	836	625	147	193	372
Trading Account Securities	22	23	26	279	110	33	27	29	32	34
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	9,469	9,568	9,617	9,681	9,742	9,781	9,831	9,825	9,543	9,723
Deferred Acquisition Cost	214	238	231	229	227	220	227	220	208	229
Other Assets	635	664	665	652	653	674	659	646	892	621
Total Liabilities & Shareholders' Equity	10,620	10,969	10,911	11,471	11,599	11,544	11,381	10,879	10,868	10,992
Total Liabilities	4,940	5,297	5,243	5,804	5,956	5,909	5,772	5,299	5,274	5,306
Non-Interest Bearing Deposits	83	81	78	75	74	73	71	78	74	75
Other Short-Term Payables	488	-	64	64	467	-	420	357	-	65
Long-Term Debt	4,068	4,413	4,413	4,935	5,120	5,121	5,001	4,598	4,598	4,590
Other Long-Term Liabilities	301	804	688	730	295	716	280	266	603	577
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,680	5,672	5,668	5,668	5,643	5,634	5,609	5,580	5,593	5,686
Total Preferred & Common Equity	5,439	5,434	5,434	5,434	5,413	5,406	5,380	5,356	5,366	5,465
Total Common Equity	5,439	5,434	5,434	5,434	5,413	5,406	5,380	5,356	5,366	5,465
Common Stock	5,163	5,177	5,185	5,196	5,210	5,218	5,204	5,212	5,218	5,225
Retained Earnings	276	257	249	238	203	188	176	145	149	241
Noncontrolling Interest	240	239	234	234	230	229	228	224	227	220

This table displays calculated financial ratios and metrics derived from Kilroy Realty's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	118,305,702.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	118,305,702.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.56
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.44	$3.00	$1.52	$2.56	$1.87	$1.63	$5.38	$1.98	$1.80	$1.78	$2.33
Adjusted Weighted Average Basic Shares Outstanding	89.85M	92.34M	98.11M	99.97M	103.20M	113.24M	116.43M	116.81M	117.16M	117.65M	118.28M
Adjusted Diluted Earnings per Share	$2.42	$2.97	$1.51	$2.55	$1.86	$1.63	$5.36	$1.97	$1.80	$1.77	$2.32
Adjusted Weighted Average Diluted Shares Outstanding	90.40M	93.02M	98.73M	100.48M	103.85M	113.72M	116.95M	117.22M	117.51M	118.16M	118.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.87	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	92.28M	97.77M	98.72M	100.96M	106.17M	116.37M	116.72M	117.09M	117.33M	118.14M	118.50M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Kilroy Realty's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	118,305,702.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	118,305,702.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.14
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.47	$0.45	$0.40	$0.42	$0.41	$0.44	$0.51	$0.33	$0.58	$1.32	$0.10
Adjusted Weighted Average Basic Shares Outstanding	117.15M	117.18M	117.16M	117.34M	117.38M	117.83M	117.65M	118.19M	118.29M	118.30M	118.28M
Adjusted Diluted Earnings per Share	$0.47	$0.45	$0.40	$0.42	$0.41	$0.44	$0.50	$0.33	$0.57	$1.31	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	117.36M	117.50M	117.51M	117.96M	117.66M	118.24M	118.16M	118.66M	118.68M	118.82M	118.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	117.18M	117.24M	117.33M	117.37M	117.39M	118.05M	118.14M	118.28M	118.29M	118.31M	118.50M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

Financials Breakdown Chart

Kilroy Realty Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Kilroy Realty's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Below is a breakdown of Kilroy Realty's net income over the past 5 years:

2021: $658.91 million
2022: $259.49 million
2023: $238.29 million
2024: $232.95 million
2025: $302.64 million

Check out Kilroy Realty's forecast to explore projected trends and price targets.

Over the last 10 years, Kilroy Realty's total revenue changed from $581.28 million in 2015 to $1.24 billion in 2025, a change of 113.3%.

Kilroy Realty's total liabilities were at $5.28 billion at the end of 2025, a 0.2% decrease from 2024, and a 96.0% increase since 2015.

In the past 10 years, Kilroy Realty's cash and equivalents has ranged from $51.60 million in 2018 to $731.99 million in 2020, and is currently $179.32 million as of their latest financial filing in 2025.

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Financial statements for NYSE:KRC last updated on 2/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Kilroy Realty (KRC) Financials

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Kilroy Realty (KRC) Financials

Annual Income Statements for Kilroy Realty

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Quarterly Cash Flow Statements for Kilroy Realty

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