Kilroy Realty Q2 FFO falls to $0.92 per share from $1.13; 2026 FFO guidance affirmed
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 July 27, 2026.
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.