Oct 22, 4:56 PM ET
Kilroy Realty reported third quarter 2026 revenue of $271.6 million, down from $279.7 million a year earlier, and net income available to common stockholders of $15.5 million, or $0.13 per diluted share, versus $156.2 million, or $1.31, a year earlier. The company narrowed its full-year 2026 FFO per diluted share guidance to $3.55 to $3.59 from $3.49 to $3.63, while signing about 815,000 square feet of leases in the quarter.
- Q3 2026 FFO was $104.6 million, or $0.88 per diluted share, versus $130.6 million, or $1.08, in Q3 2025.
- Stabilized portfolio occupancy was 76.9% at September 30, 2026, versus 81.0% a year earlier; leased percentage was 83.0%.
- Full-year 2026 FFO guidance: $3.55 to $3.59 per diluted share, compared with $3.49 to $3.63 previously.
- The company repaid $200.0 million of 4.350% senior notes in July and declared a $0.54 per share quarterly dividend.
Read the filing on SEC.gov ↗
Aug 11, 4:20 PM ET
Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is leaving the company effective August 11, 2026, and that Chief Investment Officer Eliott Trencher will serve as interim CFO and Treasurer. The company is conducting an external search for a permanent principal financial officer. It also reaffirmed its 2026 guidance from its July 27, 2026 second-quarter earnings release and said the departure involved no disagreements over financial policies, accounting principles, financial statements or disclosures.
- Jeffrey Kuehling, EVP, CFO and Treasurer, is leaving effective August 11, 2026; the filing describes this as a termination without Cause under his July 30, 2024 Employment Agreement.
- Kuehling will receive the severance payments and benefits under Section 5.3(b) of his employment agreement plus two months of severance pay, subject to a release of claims becoming effective. The filing gives no dollar amounts.
- Eliott Trencher, age 43, is interim CFO and Treasurer and also keeps his role as EVP and Chief Investment Officer; he was CFO from February 2022 to August 2024.
- The company reaffirmed its 2026 guidance from the July 27, 2026 second-quarter 2026 earnings release and has engaged Russell Reynolds Associates for the executive search.
Read the filing on SEC.gov ↗
Jul 27, 4:31 PM ET
Kilroy Realty reported second-quarter 2026 revenue of $272.4 million, down from $289.9 million a year earlier, and net income available to common stockholders of $19.9 million, or $0.17 per diluted share, versus $68.4 million, or $0.57, in the same quarter of 2025. The company affirmed its full-year 2026 FFO guidance of $3.49 to $3.63 per diluted share, so shareholders face lower reported earnings and cash flow measures year over year with no change to the outlook.
- Q2 2026 revenues of $272.4 million, compared with $289.9 million for Q2 2025
- Net income available to common stockholders of $19.9 million, or $0.17 per diluted share, compared with $68.4 million, or $0.57, a year earlier
- FFO of $109.3 million, or $0.92 per diluted share, compared with $135.9 million, or $1.13, a year earlier
- Full-year 2026 FFO guidance affirmed at $3.49 to $3.63 per diluted share; total development spending range revised to +/- $150.0 million from a prior $150.0 to $200.0 million
Read the filing on SEC.gov ↗
Jun 17, 4:22 PM ET
Kilroy Realty's operating partnership closed a new $1.25 billion senior unsecured revolving credit facility and an amended $250 million term loan, both dated June 12, 2026, with JPMorgan Chase as administrative agent. The revolver's maturity moves to July 31, 2030 from July 31, 2028, and the term loan's maturity moves to July 31, 2031 from October 3, 2026, with lower borrowing spreads on both facilities. The company guarantees both facilities and says the recast extends maturities, improves pricing and increases total available borrowing capacity.
- Revolving credit facility rises to $1.25 billion from $1.10 billion, with a SOFR borrowing spread of 100 basis points versus 110 basis points previously
- Revolver maturity extends to July 31, 2030 from July 31, 2028, with two six-month extension options
- Term loan of $250 million, including $200 million already outstanding and $50 million of delayed draw commitments available through June 11, 2027, matures July 31, 2031 instead of October 3, 2026
- Term loan SOFR spread falls to 115 basis points from 120 basis points
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
