Kite Realty Group (KRG)
Owns grocery-anchored open-air shopping centers and mixed-use destinations across U.S. growth markets.
$25.14
vs last close−0.07 (−0.26%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 207 | 200 | 207 | 212 | 207 | 215 | 222 | 213 | 205 | 207 | 201 | 196 |
| Cost of revenue | 54 | 48 | 54 | 55 | 53 | 55 | 58 | 56 | 54 | 229 | 56 | 53 |
| Gross profit | 153 | 152 | 153 | 157 | 154 | 160 | 164 | 158 | 151 | −21 | 145 | 143 |
| 126 | 117 | 113 | 180 | 109 | 111 | 110 | 111 | 104 | −70 | 96 | 96 | |
| 14 | 14 | 13 | 13 | 13 | 14 | 12 | 13 | 14 | 16 | 14 | 15 | |
| General & administrative | 14 | 14 | 13 | 13 | 13 | 14 | 12 | 13 | 14 | 16 | 14 | 15 |
| Other expenses | 112 | 103 | 101 | 167 | 96 | 97 | 98 | 98 | 89 | −85 | 82 | 82 |
| Operating income | 27 | 35 | 39 | −22 | 45 | 49 | 54 | 47 | 47 | 48 | 48 | 47 |
| −25 | −27 | −25 | −27 | −28 | −27 | −30 | 66 | −64 | 137 | −36 | 119 | |
| Interest expense | 25 | 27 | 30 | 31 | 32 | 33 | 33 | 34 | 167 | −111 | 32 | 32 |
| Other non-operating income | −1 | −1 | 0 | −4 | −4 | −5 | 0 | −100 | 30 | −168 | 4 | −151 |
| Income before tax | 2 | 9 | 15 | −49 | 17 | 22 | 24 | 113 | −16 | 185 | 12 | 166 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | 2 | 8 | 14 | −49 | 17 | 22 | 24 | 113 | −16 | 185 | 12 | 166 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 | 0 |
| Net income | 2 | 8 | 14 | −49 | 17 | 22 | 24 | 110 | −16 | 181 | 11 | 161 |
| EPS, basic | $0.01 | $0.04 | $0.06 | −$0.22 | $0.08 | $0.10 | $0.11 | $0.50 | −$0.07 | $0.84 | $0.06 | $0.79 |
| EPS, diluted | $0.01 | $0.04 | $0.06 | −$0.22 | $0.08 | $0.10 | $0.11 | $0.50 | −$0.07 | $0.84 | $0.06 | $0.79 |
| Weighted average shares, basic | 219 | 219 | 220 | 220 | 220 | 220 | 220 | 220 | 220 | 214 | 206 | 204 |
| Weighted average shares, diluted | 220 | 220 | 220 | 220 | 220 | 220 | 220 | 220 | 220 | 214 | 206 | 205 |
| EBITDA | 135 | 140 | 140 | 82 | 146 | 153 | 152 | 246 | 108 | 304 | 128 | 279 |
| Depreciation & amortization | 107 | 104 | 100 | 100 | 98 | 99 | 98 | 100 | 91 | 88 | 84 | 82 |
| EBIT | 28 | 36 | 40 | −18 | 49 | 55 | 54 | 147 | 17 | 216 | 44 | 198 |
