Every material Form 8-K Kilroy Realty filed with the SEC in 2026, 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.
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.
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