Filing Flows

Filing Flows › KBS Real Estate Investment Trust III (KBSR) › Q1 2026 › vs Q1 2025

KBS Real Estate Investment Trust III (KBSR) Q1 2026 vs Q1 2025 (year over year)

KBS Real Estate Investment Trust III's revenue fell $6.0M (-9%) from $64.4M in Q1 2025 to $58.4M in Q1 2026.

KBS Real Estate Investment Trust III, Q1 2026: revenue $58.4M (-9% year over year), operating margin -49.2%, net loss $12.0M, operating cash flow $16.7M. The chart draws each line against Q1 2025, the increases inside each band.

KBS Real Estate Investment Trust III: what changed, Q1 2026 vs Q1 2025KBS Real Estate Investment Trust III: what changed, Q1 2026 vs Q1 2025Operating cash flow$22.4MOther income, net$21.7MFree cash flow (OCF − capex)$21.5MNet loss−$21.2MNet loss absorbed−$21.2MCosts & expenses−$10.6MWorking capital & other$6.4MOperating costs−$5.5MDepreciation & amortization−$5.2MOther operating costs−$4.6M

Margins

Q1 2026Q1 2025Change
Free cash flow margin19.5%-15.7%+35.2 pts

Every line

LineQ1 2026Q1 2025Change%
Revenue$58.4M$64.4M−$6.0M-9%
Other income, net$16.7M−$5.0M$21.7M—
Net loss$12.0M$33.3M−$21.2M-64%
Costs & expenses$87.1M$97.7M−$10.6M-11%
Operating costs$87.1M$92.6M−$5.5M-6%
General & admin$1.6M$2.5M−$891K-35%
Other operating costs$85.5M$90.1M−$4.6M-5%
Operating cash sources$28.7M$27.6M$1.2M+4%
Depreciation & amortization$21.2M$26.4M−$5.2M-20%
Working capital & other$7.5M$1.2M$6.4M+554%
Net loss absorbed$12.0M$33.3M−$21.2M-64%
Operating cash flow$16.7M−$5.7M$22.4M—
Free cash flow (OCF − capex)$11.4M−$10.1M$21.5M—
Capital expenditures$5.3M$4.4M$874K+20%

Questions

How much did KBS Real Estate Investment Trust III's revenue grow year over year in Q1 2026?

KBS Real Estate Investment Trust III's revenue fell $6.0M (-9%) from $64.4M in Q1 2025 to $58.4M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →