Filing Flows › Kimco Realty (KIM) › Q4 2025
Kimco Realty (KIM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Kimco Realty (KIM) reported revenue of $542M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +1% from the quarter before. Operating margin was 36.4%, net earnings $151M (27.9% of revenue).
Kimco Realty, Q4 2025: revenue $542M (+3% year over year), operating margin 36.4%, net earnings $151M, operating cash flow $258M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $542M | +1% | +3% |
| Operating profit | $197M | +5% | +19% |
| Net earnings | $151M | +10% | -9% |
| Operating cash flow | $258M | -22% | +8% |
What changed
Revenue was $542.5M in Q4 2025, up 3% year over year and up 1% from the previous quarter.
Operating profit was $197.3M, a 36.4% margin (up 4.7 points year over year). Of the extra revenue versus Q4 2024, 181% reached operating profit, above the 32% margin then. Total costs fell 4% while revenue rose 3%. Net earnings were $151.2M, down 9% year over year. The effective tax rate was 0.7%.
Operating cash flow was $258.4M (up 8% year over year), 169% of net earnings. Non-cash charges added back $154.0M of depreciation and amortization and $7.9M of share-based compensation. Working capital and other items used $56.9M.
Questions
What was Kimco Realty's revenue in the fourth quarter 2025?
Kimco Realty (KIM) reported revenue of $542M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +1% from the quarter before.
Was Kimco Realty profitable in the fourth quarter 2025?
Operating profit was $197M (36.4% of revenue) and net earnings $151M.
Source: Kimco Realty 10-K on SEC EDGAR.