KIMCO REALTY CORP

KIM 10-K ยท Q4 2025

KIM Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 542,456 525,397 +3.2%
Show Legal Entity breakouts
Kimco Realty OP, LLC [Member] 542,456 525,397 +3.2%
General & Administrative -36,530 -34,902 -4.7%
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Kimco Realty OP, LLC [Member] -36,530 -34,902 -4.7%
Operating Expenses -364,307 -359,335 -1.4%
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Real Estate Rental Operations [Member] -172,834 -168,104 -2.8%
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Kimco Realty OP, LLC [Member] -364,307 -359,335 -1.4%
Operating Income 197,298 166,392 +18.6%
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Kimco Realty OP, LLC [Member] 197,298 166,392 +18.6%
Other Non-Operating Income (Expense) 1,290 7,310 -82.4%
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Kimco Realty OP, LLC [Member] 1,290 7,310 -82.4%
Income Tax Expense (Benefit) -1,091 46,938 -102.3%
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Kimco Realty OP, LLC [Member] -1,091 46,938 -102.3%
Net Income 151,163 166,038 -9.0%
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Kimco Realty OP, LLC [Member] 151,485 166,301 -8.9%
Net Income 153,310 167,999 -8.7%
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Kimco Realty OP, LLC [Member] 153,310 167,999 -8.7%
Comprehensive Income 151,215 190,561 -20.6%
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Kimco Realty OP, LLC [Member] 151,537 190,824 -20.6%
Other Comprehensive Income (Q) โ€” โ€” โ€”
Show Equity Components breakouts
Accumulated Other Comprehensive Income 52 24,523 -99.8%
AOCI, Cash Flow Hedges For Interest Payments Of Unconsolidated Investee, Parent [Member] -388 3,054 -112.7%
AOCI, Cash Flow Hedges For Interest Payments, Parent [Member] 440 21,469 -98.0%
Wtd Avg Shares (Basic) -383 710 -153.9%
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Kimco Realty OP, LLC [Member] -379 711 -153.3%
Wtd Avg Shares (Diluted) -1,007 1,040 -196.8%
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Kimco Realty OP, LLC [Member] -1,004 1,041 -196.4%
Interest Expense -84,354 -83,684 -0.8%
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Kimco Realty OP, LLC [Member] -84,354 -83,684 -0.8%
Net Income Loss Available To Common Stockholders Basic 143,627 154,835 -7.2%
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Kimco Realty OP, LLC [Member] 143,949 155,098 -7.2%
Depreciation And Amortization -154,045 -156,130 +1.3%
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Kimco Realty OP, LLC [Member] -154,045 -156,130 +1.3%
Income Loss From Equity Method Investments (Q) โ€” โ€” โ€”
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Kimco Realty OP, LLC [Member] ยท Joint Ventures -23,141 -20,414 -13.4%
Kimco Realty OP, LLC [Member] ยท Other Real Estate Investments -1,803 -353 -410.8%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
CPP [Member] -3.3 -2.8 -17.9%
Joint Ventures -23,141 -20,414 -13.4%
KIR [Member] -10.1 -9.3 -8.6%
Other Institutional Joint Ventures [Member] -1.5 -0.4 -275.0%
Other Joint Venture Programs [Member] -4.1 -3.3 -24.2%
Other Real Estate Investments -1,803 -353 -410.8%
Prudential Investment Program [Member] -2.2 -2.4 +8.3%
R2G Venture LLC [Member] -2 -2.2 +9.1%
Operating Lease Lease Income 538,071 521,064 +3.3%
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Real Estate Rental Operations [Member] 538,071 521,064 +3.3%
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Kimco Realty OP, LLC [Member] 538,071 521,064 +3.3%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 129,457 100,294 +29.1%
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Kimco Realty OP, LLC [Member] 129,457 100,294 +29.1%
Preferred Stock Dividends Income Statement Impact -7,536 -7,899 +4.6%
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Kimco Realty OP, LLC [Member] -7,536 -7,899 +4.6%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 211,648 688,622 -69.3%
Non-Current Assets
Operating Lease Right-of-Use Assets 127,596 126,441 +0.9%
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Kimco Realty OP, LLC [Member] 127,596 126,441 +0.9%
Total Assets 19,688,250 20,309,896 -3.1%
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Kimco Realty OP, LLC [Member] 19,688,250 20,309,896 -3.1%
Kimco Realty OP, LLC [Member] ยท Variable Interest Entity Primary Beneficiary 358,236 334,859 +7.0%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary ยท Asset Pledged As Collateral 358,236 334,859 +7.0%
Variable Interest Entity Primary Beneficiary ยท Consolidated Operating Properties [Member] 1.7 1.7 0.0%
Variable Interest Entity Primary Beneficiary ยท Real Estate Investment 28.1 โ€” โ€”
Show Equity Method Investment Nonconsolidated Investee breakouts
Joint Ventures 5,039.3 5,241.5 -3.9%
Current Liabilities
Total Current Liabilities (Q) โ€” โ€” โ€”
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Variable Interest Entity Primary Beneficiary ยท Consolidated Operating Properties [Member] 153 161.6 -5.3%
Non-Current Liabilities
Long-Term Debt 7,718.7 7,964.7 -3.1%
Show Long-Term Debt Type breakouts
Mortgages 467.2 496.4 -5.9%
Senior Unsecured Notes 1 [Member] 511.5 โ€” โ€”
Senior Unsecured Notes 2 [Member] 50 โ€” โ€”
Senior Unsecured Notes 3 [Member] 100 โ€” โ€”
Senior Unsecured Notes 4 [Member] 50 โ€” โ€”
Senior Unsecured Notes 5 [Member] 110 โ€” โ€”
Total Liabilities 9,120,372 9,464,107 -3.6%
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Kimco Realty OP, LLC [Member] 9,120,372 9,464,107 -3.6%
Kimco Realty OP, LLC [Member] ยท Variable Interest Entity Primary Beneficiary 153,044 161,577 -5.3%
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Variable Interest Entity Primary Beneficiary ยท Nonrecourse 153,044 161,577 -5.3%
Stockholders' Equity
Common Stock 6,741 6,795 -0.8%
Additional Paid-In Capital 10,922,596 11,033,485 -1.0%
Retained Earnings -528,730 -398,792 -32.6%
Accumulated Other Comprehensive Income -8,792 11,038 -179.7%
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Kimco Realty OP, LLC [Member] -8,792 11,038 -179.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Joint Ventures -0.7 6.6 -110.6%
Total Stockholders' Equity 10,391,836 10,652,547 -2.4%
Show Equity Method Investment Nonconsolidated Investee breakouts
Joint Ventures 3,493.9 3,627.7 -3.7%
Total Liabilities & Equity 19,688,250 20,309,896 -3.1%
Show Legal Entity breakouts
Kimco Realty OP, LLC [Member] 19,688,250 20,309,896 -3.1%
Show Equity Method Investment Nonconsolidated Investee breakouts
Joint Ventures 5,039.3 5,241.5 -3.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Depreciation & Amortization 154,045 156,130 -1.3%
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Kimco Realty OP, LLC [Member] 154,045 156,130 -1.3%
Stock-Based Compensation 7,947 8,516 -6.7%
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Kimco Realty OP, LLC [Member] 7,947 8,516 -6.7%
Net Cash from Operations 258,371 239,541 +7.9%
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Kimco Realty OP, LLC [Member] 258,371 239,541 +7.9%
Investing Activities
Net Cash from Investing 114,503 -226,686 +150.5%
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Kimco Realty OP, LLC [Member] 114,503 -226,686 +150.5%
Financing Activities
Tax Withholding for Share Compensation -423 -589 +28.2%
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Kimco Realty OP, LLC [Member] -423 -589 +28.2%
Net Cash from Financing -320,561 -113,168 -183.3%
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Kimco Realty OP, LLC [Member] -320,561 -113,168 -183.3%
Supplemental
Income Taxes Paid -2,344 -137 -1610.9%
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Kimco Realty OP, LLC [Member] -2,344 -137 -1610.9%
Interest Paid 75,664 80,520 -6.0%
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Kimco Realty OP, LLC [Member] 75,664 80,520 -6.0%
Other Cash Flow
Net Change in Cash 52,313 -100,313 +152.1%
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Kimco Realty OP, LLC [Member] 52,313 -100,313 +152.1%

Values in thousands USD. Source: SEC EDGAR 10-K filing.

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