Filing Flows

Filing Flows › KBS Real Estate Investment Trust III (KBSR) › Q1 2026 › vs Q4 2025

KBS Real Estate Investment Trust III (KBSR) Q1 2026 vs Q4 2025 (quarter over quarter)

KBS Real Estate Investment Trust III's revenue fell $176K (-0.3%) from $58.6M in Q4 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 Q4 2025, the increases inside each band.

KBS Real Estate Investment Trust III: what changed, Q1 2026 vs Q4 2025KBS Real Estate Investment Trust III: what changed, Q1 2026 vs Q4 2025Free cash flow (OCF − capex)$27.2MOperating cash flow$26.2MOperating cash sources$19.4MWorking capital & other$19.3MOther income, net$16.6MOther operating costs$9.7MCosts & expenses$9.6MOperating costs$9.6MNet loss−$6.8MNet loss absorbed−$6.8M

Margins

Q1 2026Q4 2025Change
Free cash flow margin19.5%-27.0%+46.5 pts

Every line

LineQ1 2026Q4 2025Change%
Revenue$58.4M$58.6M−$176K-0.3%
Other income, net$16.7M$104K$16.6M160×
Net loss$12.0M$18.9M−$6.8M-36%
Costs & expenses$87.1M$77.5M$9.6M+12%
Operating costs$87.1M$77.5M$9.6M+12%
General & admin$1.6M$1.7M−$93K-5%
Other operating costs$85.5M$75.8M$9.7M+13%
Operating cash sources$28.7M$9.3M$19.4M+208%
Depreciation & amortization$21.2M$21.1M$101K+0.5%
Working capital & other$7.5M−$11.8M$19.3M—
Net loss absorbed$12.0M$18.9M−$6.8M-36%
Operating cash flow$16.7M−$9.6M$26.2M—
Free cash flow (OCF − capex)$11.4M−$15.8M$27.2M—
Capital expenditures$5.3M$6.2M−$946K-15%

Questions

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

KBS Real Estate Investment Trust III's revenue fell $176K (-0.3%) from $58.6M in Q4 2025 to $58.4M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →