Kilroy Realty Q1 profit and FFO fall from a year earlier; 2025 FFO guidance affirmed
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.