Every material Form 8-K Kilroy Realty has filed with the SEC since October 28, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
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
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
At its May 19, 2026 annual meeting, Kilroy Realty stockholders approved an amended and restated 2006 Incentive Award Plan that adds 1,700,000 shares, raising the aggregate share limit to 14,320,000. Stockholders also re-elected eight directors, approved executive pay on an advisory basis, and ratified Deloitte & Touche LLP as auditor for fiscal 2026. The filing reports votes but no financial results, so it does not change the company's reported performance.
Equity plan amendment adds 1,700,000 shares, bringing the new aggregate share limit to 14,320,000 shares.
Advisory say-on-pay vote: 98,447,087 for and 8,235,369 against.
Deloitte & Touche LLP ratified as independent auditor for the year ending December 31, 2026, with 102,174,848 votes for and 7,972,490 against.
Kilroy Realty reported a first-quarter 2026 net loss available to common stockholders of $19.3 million, or $0.16 per diluted share, compared with net income of $39.0 million, or $0.33 per share, a year earlier. The loss reflects a $61.8 million impairment charge, while funds from operations (FFO) fell to $108.8 million, or $0.91 per diluted share, and the company raised its full-year 2026 FFO guidance to $3.49 to $3.63 per diluted share from $3.25 to $3.45.
Net loss available to common stockholders of $(19.3) million, or $(0.16) per diluted share, versus net income of $39.0 million, or $0.33, in Q1 2025; the quarter included a $61.8 million impairment of real estate assets
FFO of $108.8 million, or $0.91 per diluted share, versus $122.3 million, or $1.02, a year earlier; revenues were $270.1 million versus $270.8 million
Full-year 2026 FFO per diluted share guidance raised to $3.49 to $3.63 from $3.25 to $3.45
Signed approximately 568,000 square feet of leases in Q1; repaid $50.0 million of 4.300% senior notes in April 2026
Kilroy Realty's board appointed Gary Stevenson as Chair effective February 24, 2026, succeeding Edward Brennan, who remains a director. The board also expanded from seven to nine members with two new independent directors, and director Peter Stoneberg will retire at the 2026 annual meeting. The changes affect board leadership and committee oversight, and the filing reports no financial results.
Gary Stevenson appointed Chair of the Board effective February 24, 2026, succeeding Edward Brennan, PhD
Cia Buckley Marakovits and David Kieske appointed independent directors; board size increased from seven to nine
Peter Stoneberg will not stand for re-election and will retire at the 2026 annual meeting; board to decrease to eight
Corporate Social Responsibility and Sustainability Committee to be disbanded; Brennan named Audit Committee chair and Jolie Hunt named Executive Compensation Committee chair
Kilroy Realty reported fourth-quarter 2025 revenue of $272.2 million, down from $286.4 million a year earlier, and net income available to common stockholders of $12.4 million, or $0.10 per diluted share, versus $59.5 million, or $0.50, in the prior-year quarter. The company also initiated 2026 Nareit FFO guidance of $3.25 to $3.45 per diluted share, which shareholders can compare with full-year 2025 FFO of $4.20 per diluted share.
Q4 2025 FFO was $117.2 million, or $0.97 per diluted share, compared with $144.9 million, or $1.20, in Q4 2024.
Full-year 2025 revenue was $1,112.7 million, versus $1,135.6 million in 2024; full-year FFO was $4.20 per diluted share, versus $4.59.
Q4 2025 included a $16.3 million impairment of real estate assets.
The quarterly dividend was $0.54 per share, or $2.16 annualized, paid January 7, 2026.
Kilroy Realty Corporation's board appointed Chandni Jalan as Senior Vice President and Chief Accounting Officer effective December 2, 2025, replacing Merryl Werber, who stays on as a senior advisor to the CFO through January 9, 2026. The company also adopted an Executive Severance Plan that sets severance terms for certain senior officers, including a larger payout tied to a change in control.
Chandni Jalan's base salary is $400,000, with a target annual cash bonus of 75% of base salary and a $30,000 signing bonus.
Jalan's 2026 annual equity award has a target grant date value of 100% of base salary.
Under the Severance Plan, a change-in-control termination pays 1.5 times base salary plus target bonus in a lump sum, versus 1 times in installments over 12 months otherwise.
Existing employment agreements for Justin Smart, Heidi Roth, and Eliott Trencher are set to expire March 1, 2026, and Jeffrey Kuehling's on March 1, 2027.
Kilroy Realty reported third-quarter 2025 revenue of $279.7 million, down from $289.9 million a year earlier, and FFO of $130.6 million, or $1.08 per diluted share, versus $140.4 million, or $1.17, a year earlier. Net income available to common stockholders rose to $156.2 million, or $1.31 per diluted share, from $52.4 million, or $0.44, a year earlier, with the filing citing $110.5 million of gains on property sales. The company raised its full-year 2025 FFO per diluted share guidance to $4.18-$4.24 from $4.05-$4.15.
Q3 2025 revenue of $279.7 million, versus $289.9 million in Q3 2024
FFO of $130.6 million, or $1.08 per diluted share, versus $140.4 million, or $1.17, a year earlier
Net income available to common stockholders of $156.2 million, or $1.31 per diluted share, including $110.5 million of gains on sales of depreciable operating properties
Full-year 2025 FFO per diluted share guidance raised to $4.18-$4.24 from $4.05-$4.15; earnings call scheduled for October 28, 2025
Kilroy Realty and its operating partnership completed an underwritten public offering of $400 million of 5.875% senior notes maturing October 15, 2035. The company also amended its at-the-market equity sales agreement, with up to $500 million of common stock still available under the program. The filing describes new debt and potential future share sales, but reports no effect on earnings or results.
Operating partnership issued $400 million aggregate principal of 5.875% senior notes, guaranteed by Kilroy Realty Corporation, completed August 8, 2025
Interest payable April 15 and October 15, starting April 15, 2026; maturity October 15, 2035
Up to $500 million of common stock remains available under the at-the-market program, with no shares sold under the prior registration
Notes are senior unsecured and effectively subordinated to mortgage and other secured debt and subsidiary liabilities
Kilroy Realty reported second-quarter 2025 revenues of $289.9 million, up from $280.7 million a year earlier, and net income available to common stockholders of $68.4 million, or $0.57 per diluted share, versus $0.41 a year earlier. The company raised its full-year 2025 Nareit FFO per diluted share guidance to $4.05-$4.15 from $3.85-$4.05, a change it partly attributes to a lease termination fee recognized at a consolidated property partnership.
Q2 2025 FFO was $135.9 million, or $1.13 per diluted share, versus $132.6 million, or $1.10, in Q2 2024
Full-year 2025 FFO per diluted share guidance raised to $4.05-$4.15 from $3.85-$4.05
Stabilized portfolio was 80.8% occupied at June 30, 2025, versus 83.7% at June 30, 2024; about 423,000 square feet of leases were signed in the quarter
GAAP and cash rents on second-generation leases signed in the quarter decreased 11.2% and 15.2%, respectively
Kilroy Realty said its Senior Vice President and Chief Accounting Officer and Controller, Merryl Werber, will leave the company as of January 9, 2026, to pursue other opportunities. She will remain in her current role until then or until an earlier replacement is appointed, and the company has begun a search for a successor. The filing states her departure is not the result of any disagreement over financial statements or accounting policies.
Merryl Werber, SVP, Chief Accounting Officer and Controller, agreed to leave on May 12, 2025, with a separation date of January 9, 2026.
Ms. Werber will continue in her role until the separation date or an earlier replacement appointment.
The company will promptly begin searching for a replacement.
The filing says the departure is not related to any disagreement on financial statements or accounting policies.
Kilroy Realty reported first-quarter 2025 results below the same quarter a year earlier, with revenues of $270.8 million versus $278.6 million and net income available to common stockholders of $39.0 million, or $0.33 per diluted share, versus $49.9 million, or $0.42. The company affirmed its full-year 2025 FFO guidance of $3.85 to $4.05 per diluted share and agreed to sell part of its Santa Fe Summit land in San Diego for $38.0 million, a sale expected to close after entitlements are received, which the company expects in 2026.
Revenues of $270.8 million for Q1 2025 versus $278.6 million for Q1 2024
Net income available to common stockholders of $39.0 million ($0.33 per diluted share) versus $49.9 million ($0.42) a year earlier
FFO of $122.3 million ($1.02 per diluted share) versus $133.7 million ($1.11); full-year 2025 FFO guidance of $3.85 to $4.05 affirmed
Agreement to sell about five acres of the Santa Fe Summit site for $38.0 million in gross proceeds, with closing expected upon entitlements in 2026
Kilroy Realty reported fourth-quarter 2024 revenue of $286.4 million, up from $269.0 million a year earlier, and net income available to common stockholders of $59.5 million, or $0.50 per diluted share, versus $0.40. For the full year, revenue rose to $1,135.6 million, but net income available to common stockholders fell to $211.0 million, or $1.77 per diluted share, from $1.80, and FFO was $4.59 per diluted share versus $4.62. The company expects 2025 Nareit FFO of $3.85 to $4.05 per diluted share.
Q4 2024 FFO was $1.20 per diluted share, up from $1.08 a year earlier; quarterly leasing reached about 708,000 square feet, the highest quarterly volume since Q4 2019
Stabilized portfolio was 82.8% occupied at December 31, 2024, down from 85.0% a year earlier
Full-year 2024 net income available to common stockholders was $1.77 per diluted share versus $1.80 in 2023
2025 guidance: Nareit FFO of $3.85 to $4.05 per diluted share; same store NOI growth of (1.5%) to (3.0%)
Kilroy Realty Corporation reported third quarter 2024 revenue of $289.9 million, up 2.2% from a year earlier, and funds from operations (FFO) of $1.17 per diluted share, up 4.5%. Net income available to common stockholders was $0.44 per diluted share, down from $0.45, and the company raised its full-year 2024 FFO per share guidance to $4.38 to $4.44 from $4.21 to $4.31.
Q3 2024 revenue $289.9 million vs. $283.6 million in Q3 2023
Net income available to common stockholders $0.44 per diluted share vs. $0.45 a year earlier
FFO $140.4 million, or $1.17 per diluted share, vs. $1.12 a year earlier
Full-year 2024 FFO per share guidance $4.38 to $4.44, up from $4.21 to $4.31 in July 2024
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kilroy Realty filing is on SEC EDGAR ↗. 8-K briefs of other companies →