Kite Realty Group Trust (KRG) Financial Statements & Analysis

Kite Realty Group Trust (KRG) Income Statement

Kite Realty Group Trust reported revenue of $844.37M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 0.8% from $837.48M a year earlier. Net income was $298.66M, up 7236.4% year over year, a net margin of 35.4%. Gross margin was 73.9% and operating margin 17.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $196.26M, down 8.0% from the same quarter a year earlier.

Kite Realty Group Trust Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Kite Realty Group Trust income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	844.37	837.48	823.00	802.00	373.32	266.65	315.17	354.18	358.82
Cost of Revenue	220.64	217.49	210.38	211.81	105.09	76.88	84.35	92.73	92.82
Gross Profit	623.72	619.99	612.62	590.19	268.23	189.77	230.82	261.45	266.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Selling, General & Administrative	55.46	52.56	56.14	54.86	33.98	30.84	28.21	21.32	21.75
Operating Expenses	428.75	445.89	460.38	498.52	234.44	154.76	159.06	173.48	193.84
Operating Income	143.13	107.89	152.24	91.67	33.79	35.01	71.76	21.03	64.75
Other Income/Expense
Interest Income	11.65	1.16	0.00	0.00	0.42	0.00	0.00	0.00	0.00
Interest Expense	132.58	125.69	105.35	104.28	60.45	50.40	59.27	66.79	65.70
Other Income/Expense	186.17	-101.02	-103.33	-103.78	-55.37	-51.83	-72.04	-67.71	-50.96
Income
Income Before Tax	306.00	4.56	48.92	-12.11	-82.03	-16.82	-0.28	-46.68	-1.37
Income Tax Expense	-0.47	-0.14	0.53	0.04	-0.31	-0.70	-0.28	-0.23	-0.10
Net Income	298.66	4.07	47.50	-12.64	-80.81	-16.22	-0.53	-46.57	11.87
Net Income - Continuous Operations	305.53	4.42	47.50	-12.64	-81.72	-16.22	-0.53	-46.57	11.87
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	499.03	480.13	436.91	565.13	181.56	164.36	193.84	176.21	254.12
EBIT	194.98	174.09	128.46	65.53	-21.59	-	-	-	-
Depreciation & Amortization	304.06	306.03	306.79	472.97	200.46	130.78	134.86	266.22	286.66
Earnings Per Share
Basic EPS	1.00	-	-	-	-1.00	-	-	-1.00	-
Diluted EPS	1.00	-	-	-	-1.00	-	-	-1.00	-
Basic Shares Outstanding	218.31	219.61	219.34	219.07	110.64	84.14	83.93	83.16	83.59
Diluted Shares Outstanding	218.43	219.73	219.73	219.07	110.64	84.14	83.93	83.69	83.69

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Kite Realty Group Trust Financial Statements

What was Kite Realty Group Trust's revenue in fiscal 2025?

Kite Realty Group Trust reported revenue of $844.37M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 0.8% from $837.48M a year earlier.

Is Kite Realty Group Trust profitable?

Yes. Kite Realty Group Trust earned net income of $298.66M in fiscal 2025, a net margin of 35.4%. In fiscal 2024 it earned $4.07M.

What is Kite Realty Group Trust's operating margin?

Kite Realty Group Trust's operating income was $143.13M on revenue of $844.37M in fiscal 2025, an operating margin of 17.0%, compared with 12.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition