Filing Flows › Kimco Realty (KIM) › Q2 2025
Kimco Realty (KIM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
Kimco Realty (KIM) reported revenue of $525M for the second quarter 2025 (Q2 2025), +5% from a year earlier and -2% from the quarter before. Operating margin was 39.2%, net earnings $163M (31.0% of revenue).
Kimco Realty, Q2 2025: revenue $525M (+5% year over year), operating margin 39.2%, net earnings $163M, operating cash flow $305M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $525M | -2% | +5% |
| Operating profit | $206M | +14% | +28% |
| Net earnings | $163M | +23% | +36% |
| Operating cash flow | $305M | +36% | +4% |
What changed
Revenue was $525.2M in Q2 2025, up 5% year over year and down 2% from the previous quarter.
Operating profit was $205.8M, a 39.2% margin (up 7.1 points year over year). Of the extra revenue versus a year earlier, 181% reached operating profit, above the 32% margin then. Total costs fell 6% while revenue rose 5%. Net earnings were $163.0M, up 36% year over year. The effective tax rate was 0.2%.
Operating cash flow was $305.4M (up 4% year over year), 185% of net earnings. Non-cash charges added back $156.3M of depreciation and amortization and $11.6M of share-based compensation. Working capital and other items used $27.5M.
Questions
What was Kimco Realty's revenue in the second quarter 2025?
Kimco Realty (KIM) reported revenue of $525M for the second quarter 2025 (Q2 2025), +5% from a year earlier and -2% from the quarter before.
Was Kimco Realty profitable in the second quarter 2025?
Operating profit was $206M (39.2% of revenue) and net earnings $163M.
Source: Kimco Realty 10-Q on SEC EDGAR.