Quarterly ResultOct 30, 2026, 05:31 PM
Kite Realty Group Trust Q3 2026 Net Loss $13.3M vs $16.2M
AI Summary
Kite Realty Group Trust (KRG) filed its quarterly report on Form 10-Q for the period ended September 30, 2026. The company reported a net loss of $13.3 million for the third quarter of 2026, an improvement from a net loss of $16.2 million in the same period of 2025. Total revenue for the quarter decreased to $190.3 million from $205.0 million year-over-year. The report also details changes in assets, liabilities, and equity, with total assets and net investment properties showing a decline compared to the end of 2025.
Key Highlights
- Kite Realty Group Trust reported a net loss of $13.3 million for Q3 2026, compared to a net loss of $16.2 million in Q3 2025.
- Revenue for Q3 2026 was $190.3 million, a decrease from $205.0 million in Q3 2025.
- Net investment properties decreased to $5.11 billion as of September 30, 2026, from $5.35 billion as of December 31, 2025.
- Total assets decreased to $6.03 billion as of September 30, 2026, from $6.66 billion as of December 31, 2025.
- Mortgage and other indebtedness decreased to $2.81 billion as of September 30, 2026, from $3.03 billion as of December 31, 2025.
- Total shareholders' equity decreased to $2.74 billion as of September 30, 2026, from $3.08 billion as of December 31, 2025.
Price Impact
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