)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
Kilroy Realty (KRC) investor relations material
Kilroy Realty Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary28 Oct, 2025
Executive summary
Net income for Q3 2025 was $162.3 million, up 181% year-over-year, driven by property sales and stable core operations.
Revenues for the quarter were $279.7 million, a 3.5% decrease from the prior year, primarily due to lower rental income and property dispositions.
Leasing activity was robust, with 552,000 sq ft of leases signed, including 237,000 sq ft of new leasing and 315,000 sq ft of renewals.
Major transactions included the sale of a Silicon Valley campus for $365 million and the acquisition of Maple Plaza in Beverly Hills for $205.3 million.
The stabilized portfolio comprised 121 office, life science, and mixed-use buildings totaling 16.8 million rentable sq ft and 1,001 residential units, with average office occupancy at 81.0%.
Financial highlights
FFO for Q3 2025 was $130.6 million ($1.08 per diluted share), including $0.03 per share of one-time items.
Net Operating Income (NOI) for Q3 2025 was $188.8 million, a 3.3% decrease year-over-year, mainly due to lower revenues and property dispositions.
Cash same property NOI growth for Q3 was 60 basis points, with tax appeals contributing 150 basis points.
Cash and cash equivalents at quarter-end were $372.4 million, with $1.1 billion available under the unsecured revolving credit facility.
Dividend of $0.54 per share/unit was declared and paid in the quarter.
Outlook and guidance
Full-year 2025 FFO guidance raised to $4.18–$4.24 per share, a $0.01 increase at the midpoint.
Full-year net income per diluted share guidance raised to $2.46–$2.52.
Modest occupancy improvement expected in Q4 due to accelerated rent commencements in Q3.
Management expects to spend $50–$100 million on development projects for the remainder of 2025.
Flower Mart Project capitalization expected to continue through June 2026, with future updates as entitlement process advances.
Explain 9.6% cash rent decline?
Impact of low-occupancy redevelopments on portfolio?
Reason for higher non-cash GAAP NOI adjustments?
SF office pricing power outlook?
KOP 2: When will it be FFO accretive?
Flower Mart: What's the ultimate vision?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Kilroy Realty earnings date
Q4 202510 Feb, 2026
Next Kilroy Realty earnings date
Q4 202510 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Offices, Life Science Properties, and More
Kilroy Realty Corporation is an American real estate investment trust (REIT) specializing in the acquisition, development, and management of commercial properties. With a focus on major metropolitan areas on the United States West Coast, the company owns and operates various office buildings and Kilroy Realty's portfolio primarily includes offices, life science properties, retail locations, and residential buildings. It is headquartered in Los Angeles, California, and its shares are listed on the NYSE.
John B. Kilroy
Kilroy Realty Corporation was established in 1947 by John B. Kilroy, Sr., initially as a property development and management firm. The company developed office buildings in and around Los Angeles and eventually expanded its operations to encompass cities all over the West Coast. Today, it owns and operates a variety of different properties spread out across Washington, California, and Texas.
The Properties
Kilroy Realty Corporation specializes in managing a diverse portfolio of high-quality properties, primarily focusing on office and life science spaces. However, the company also owns and operates several residential and retail properties. Their office properties are known for their modern design, state-of-the-art amenities, and strategic locations in major West Coast metropolitan areas such as Los Angeles, San Diego, and Seattle. , attracting tenants from the technology and creative sectors. The company has an emphasis on sustainability in its properties, and many of Kilroy Realty's properties are LEED-certified.
Kilroy is a REIT
As a Real Estate Investment Trust (REIT), Kilroy Realty Corporation operates under a specific business model that involves owning, and often operating, income-generating real estate. The REIT structure mandates that the company distributes at least 90% of its taxable income to shareholders in the form of dividends, offering investors a regular income stream. This structure also provides Kilroy Realty with certain tax advantages and is a structure employed by a large number of similar companies. Some examples of this are SL Green Realty, Boston Properties, Vornado Realty Trust, and many others.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage