Quarterly ResultJul 28, 2026, 04:47 PM
Kilroy Realty Q2 Net Income $19.9M, EPS $0.17; H1 Impairment $61.8M
AI Summary
Kilroy Realty reported a significant decrease in net income for Q2 2026, with net income available to common stockholders falling to $19.9 million ($0.17 EPS) from $68.4 million ($0.58 EPS) in Q2 2025. For the first six months of 2026, net income was $0.6 million ($0.01 EPS), down from $107.5 million ($0.91 EPS) in H1 2025, partly due to a $61.8 million impairment charge on residential properties. The company generated $330.3 million from dispositions, repaid $50.0 million in senior notes, and expanded its revolving credit facility to $1.25 billion.
Key Highlights
- Q2 2026 Net Income available to common stockholders was $19.9M, down from $68.4M in Q2 2025.
- Q2 2026 Basic EPS was $0.17, compared to $0.58 in Q2 2025.
- H1 2026 Net Income available to common stockholders was $0.6M, down from $107.5M in H1 2025.
- H1 2026 Basic EPS was $0.01, compared to $0.91 in H1 2025.
- Recognized a $61.8M impairment charge on Hollywood Residential Properties in H1 2026.
- Generated $330.3M from dispositions of real estate assets in H1 2026.
- Repaid $50.0M of 4.300% Unsecured Senior Notes due July 2026.
- Expanded unsecured revolving credit facility to $1.25B, extending maturity to July 31, 2030.
Price Impact
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