Filing Flows › KBS Real Estate Investment Trust III (KBSR) › Q2 2026
KBS Real Estate Investment Trust III (KBSR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
KBS Real Estate Investment Trust III (KBSR) reported revenue of $56.0M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -4% from the quarter before. Operating margin was -66.4%, net loss $39.5M (70.5% of revenue).
KBS Real Estate Investment Trust III, Q2 2026: revenue $56.0M (-14% year over year), operating margin -66.4%, net loss $39.5M, operating cash flow $190K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $56.0M | -4% | -14% |
| Operating profit | −$37.2M | — | — |
| Net earnings | −$39.5M | — | — |
| Operating cash flow | $190K | -99% | -97% |
What changed
Revenue was $56.0M in Q2 2026, down 14% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $37.2M, an operating margin of -66.4%. Total costs grew 3% against a revenue fall of 14%. The quarter ended with a net loss of $39.5M, wider than the previous quarter's $12.0M loss.
Operating cash flow was $190K (down 97% year over year). Non-cash charges added back $20.5M of depreciation and amortization. Working capital and other items added $19.1M. Capital expenditures of $7.7M exceeded it, leaving free cash flow of −$7.5M.
Questions
What was KBS Real Estate Investment Trust III's revenue in the second quarter 2026?
KBS Real Estate Investment Trust III (KBSR) reported revenue of $56.0M for the second quarter 2026 (Q2 2026), -14% from a year earlier and -4% from the quarter before.
Was KBS Real Estate Investment Trust III profitable in the second quarter 2026?
Operating loss was $37.2M (-66.4% of revenue) and net loss $39.5M.
Source: KBS Real Estate Investment Trust III 10-Q on SEC EDGAR.