Filing Flows › Kite Realty Group Trust (KRG) › Q2 2026
Kite Realty Group Trust (KRG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Kite Realty Group Trust (KRG) reported revenue of $196M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -2% from the quarter before. Operating margin was 23.5%, net earnings $161M (82.2% of revenue).
Kite Realty Group Trust, Q2 2026: revenue $196M (-8% year over year), operating margin 23.5%, net earnings $161M, operating cash flow $127M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $196M | -2% | -8% |
| Operating profit | $46.2M | +9% | -0.9% |
| Net earnings | $161M | 14× | +46% |
| Operating cash flow | $127M | +155% | -5% |
| Free cash flow | $88.9M | +413% | +6% |
What changed
Revenue was $196.3M in Q2 2026, down 8% year over year and down 2% from the previous quarter.
Operating profit was $46.2M, a 23.5% margin (up 1.7 points year over year). Total costs fell 10% while revenue fell 8%. Net earnings were $161.3M, up 46% year over year. The effective tax rate was 0.3%. Non-operating items added $119.8M, 72% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $126.8M (down 5% year over year), 77% of net income including minority interests. Non-cash charges added back $83.4M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $125.3M. Capital expenditures of $37.8M left free cash flow of $88.9M.
Questions
What was Kite Realty Group Trust's revenue in the second quarter 2026?
Kite Realty Group Trust (KRG) reported revenue of $196M for the second quarter 2026 (Q2 2026), -8% from a year earlier and -2% from the quarter before.
Was Kite Realty Group Trust profitable in the second quarter 2026?
Operating profit was $46.2M (23.5% of revenue) and net earnings $161M.