Filing Flows › Kite Realty Group Trust (KRG) › Q3 2025
Kite Realty Group Trust (KRG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Kite Realty Group Trust (KRG) reported revenue of $205M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -4% from the quarter before. Operating margin was 3.8%, net loss $16.4M (8.0% of revenue).
Kite Realty Group Trust, Q3 2025: revenue $205M (-1% year over year), operating margin 3.8%, net loss $16.4M, operating cash flow $116M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $205M | -4% | -1% |
| Operating profit | $7.9M | -83% | — |
| Net earnings | −$16.4M | -115% | — |
| Operating cash flow | $116M | -13% | +3% |
| Free cash flow | $85.4M | +2% | +13% |
What changed
Revenue was $205.0M in Q3 2025, down 1% year over year and down 4% from the previous quarter.
Operating profit was $7.9M, a 3.8% margin (down 17.8 points year over year). Total costs grew 21% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+23%). The quarter ended with a net loss of $16.4M, after a profit of $112.6M the previous quarter. Net interest and other expense of $24.2M was the main reason.
Operating cash flow was $116.2M (up 3% year over year). Non-cash charges added back $91.2M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $38.7M. Capital expenditures of $30.8M left free cash flow of $85.4M.
Questions
What was Kite Realty Group Trust's revenue in the third quarter 2025?
Kite Realty Group Trust (KRG) reported revenue of $205M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -4% from the quarter before.
Was Kite Realty Group Trust profitable in the third quarter 2025?
Operating profit was $7.9M (3.8% of revenue) and net loss $16.4M.