Filing Flows › Kilroy Realty (KRC) › Q2 2026
Kilroy Realty (KRC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 28, 2026
Kilroy Realty (KRC) reported revenue of $272M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +0.9% from the quarter before. Operating margin was 9.1%, net earnings $19.9M (7.3% of revenue).
Kilroy Realty, Q2 2026: revenue $272M (-6% year over year), operating margin 9.1%, net earnings $19.9M, operating cash flow $78.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $272M | +0.9% | -6% |
| Operating profit | $24.7M | — | -69% |
| Net earnings | $19.9M | — | -71% |
| Operating cash flow | $78.2M | -48% | -46% |
| Free cash flow | $39.8M | -17% | -66% |
What changed
Revenue was $272.4M in Q2 2026, down 6% year over year and up 1% from the previous quarter.
Operating profit was $24.7M, a 9.1% margin (down 18.4 points year over year). Total costs grew 18% against a revenue fall of 6%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $19.9M, down 71% year over year. The effective tax rate was 0.0%.
Operating cash flow was $78.2M (down 46% year over year), 316% of net income including minority interests. Non-cash charges added back $92.1M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $41.7M. Capital expenditures of $38.4M left free cash flow of $39.8M.
Questions
What was Kilroy Realty's revenue in the second quarter 2026?
Kilroy Realty (KRC) reported revenue of $272M for the second quarter 2026 (Q2 2026), -6% from a year earlier and +0.9% from the quarter before.
Was Kilroy Realty profitable in the second quarter 2026?
Operating profit was $24.7M (9.1% of revenue) and net earnings $19.9M.
Source: Kilroy Realty 10-Q on SEC EDGAR.