Kimco Realty Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Kimco Realty Corp reported revenue of $2.1B (+5.1% year on year) and net income of $592.8M (+41.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues from rental properties, net | $2.1B | $2.0B | $1.8B | $1.7B |
| Management and other fee income | $18.7M | $17.9M | $16.3M | $16.8M |
| Total revenues | $2.1B | $2.0B | $1.8B | $1.7B |
| Rent | ($16.8M) | ($16.8M) | ($16.0M) | ($15.8M) |
| Real estate taxes | ($277.5M) | ($261.7M) | ($231.6M) | ($224.7M) |
| Operating and maintenance | ($368.1M) | ($359.1M) | ($309.1M) | ($290.4M) |
| General and administrative | ($133.0M) | ($138.1M) | ($136.8M) | ($119.5M) |
| Impairment charges | ($9.5M) | ($4.5M) | ($14.0M) | ($22.0M) |
| Merger charges | $0 | ($25.2M) | ($4.8M) | $0 |
| Depreciation and amortization | ($627.1M) | ($603.7M) | ($507.3M) | ($505.0M) |
| Total operating expenses | ($1.4B) | ($1.4B) | ($1.2B) | ($1.2B) |
| Gain on sale of properties | $62.7M | $1.3M | $75.0M | $15.2M |
| Operating income | $770.8M | $629.1M | $638.8M | $565.5M |
| Special dividend income | $0 | $0 | $194.1M | — |
| Other income, net | $2.0M | $57.6M | $40.0M | $28.8M |
| Mortgage and other financing income, net | $51.0M | — | — | — |
| Gain/(loss) on marketable securities, net | $3.0K | ($27.7M) | $21.3M | — |
| Interest expense | ($330.2M) | ($307.8M) | ($250.2M) | ($226.8M) |
| Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net | $493.6M | $351.2M | $643.9M | $44.3M |
| Provision for income taxes, net | ($1.0M) | ($25.4M) | ($61.0M) | ($56.7M) |
| Equity in income of joint ventures, net | $96.8M | $83.8M | — | — |
| Equity in income of other investments, net | $3.4M | $9.8M | — | — |
| Net income | $592.8M | $419.4M | $665.9M | $114.5M |
| Net income attributable to noncontrolling interests | ($8.1M) | ($8.7M) | ($11.7M) | $11.4M |
| Net income attributable to the Company | $584.7M | $410.8M | $654.3M | $126.0M |
| Preferred unit redemption charges | $0 | ($3.3M) | — | — |
| Preferred distributions, net | ($30.3M) | ($31.8M) | ($25.0M) | — |
| Net income available to the Company's common shareholders | $554.4M | $375.7M | $629.3M | $100.8M |
| -Basic (in dollars per share) | $0.82 | $0.55 | $1.02 | $0.16 |
| -Diluted (in dollars per share) | $0.82 | $0.55 | $1.02 | $0.16 |
| -Basic (in shares) | 675.0M | 671.6M | 616.9M | 615.5M |
| -Diluted (in shares) | 675.3M | 672.1M | 618.2M | 617.9M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenues from rental properties, net | $546.4M | $552.8M | $531.1M | $520.9M |
| Management and other fee income | $4.4M | $5.2M | $4.7M | $4.2M |
| Total revenues | $550.8M | $558.0M | $535.9M | $525.2M |
| Rent | ($4.1M) | ($4.1M) | ($4.2M) | ($4.2M) |
| Real estate taxes | ($71.2M) | ($72.8M) | ($67.4M) | ($66.6M) |
| Operating and maintenance | ($95.1M) | ($95.2M) | ($92.4M) | ($91.1M) |
| General and administrative | ($29.9M) | ($37.2M) | ($29.6M) | ($32.4M) |
| Impairment charges | ($6.6M) | ($50.0K) | ($440.0K) | ($7.6M) |
| Depreciation and amortization | ($149.0M) | ($156.5M) | ($158.3M) | ($156.3M) |
| Total operating expenses | ($356.0M) | ($366.0M) | ($352.3M) | ($358.3M) |
| Gain on sale of properties | $1.4M | $15.7M | $3.7M | $38.9M |
| Operating income | $196.1M | $207.8M | $187.2M | $205.8M |
| Other (expense)/income, net | ($1.6M) | ($1.6M) | ($2.4M) | $2.9M |
| Mortgage and other financing income, net | $11.4M | $12.5M | $12.4M | $12.1M |
| Interest expense | ($83.9M) | ($83.1M) | ($84.3M) | ($81.2M) |
| Income before income taxes, net, equity in income of joint ventures, net, and equity in (loss)/income from other investments, net | $122.1M | $135.5M | $113.0M | $139.6M |
| (Provision)/benefit for income taxes, net | ($4.0K) | $239.0K | $875.0K | ($366.0K) |
| Equity in income of joint ventures, net | $32.4M | $24.8M | $27.0M | $24.0M |
| Equity in (loss)/income of other investments, net | ($532.0K) | $5.8M | ($811.0K) | $1.7M |
| Net income | $154.0M | $166.3M | $140.1M | $164.9M |
| Net income attributable to noncontrolling interests | ($669.0K) | ($1.4M) | ($2.3M) | ($2.0M) |
| Net income attributable to the Company | $153.3M | $164.9M | $137.8M | $163.0M |
| Preferred dividends, net | ($7.5M) | ($7.5M) | ($7.5M) | ($7.6M) |
| Net income available to the Company's common shareholders | $145.8M | $157.4M | $130.2M | $155.4M |
| -Basic (in dollars per share) | $0.22 | $0.23 | $0.19 | $0.23 |
| -Diluted (in dollars per share) | $0.22 | $0.23 | $0.19 | $0.23 |
| -Basic (in shares) | 671.2M | 671.8M | 674.6M | 674.6M |
| -Diluted (in shares) | 672.0M | 672.8M | 675.4M | 675.1M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $4.6B | $4.5B | $4.2B | $4.1B |
| Building and improvements | $15.8B | $16.7B | $14.8B | $14.3B |
| Intangible assets | $1.2B | — | — | — |
| Real estate | $21.6B | $21.2B | $18.9B | $18.5B |
| Less: accumulated depreciation and amortization | ($4.8B) | ($4.4B) | ($3.8B) | ($3.4B) |
| Total real estate, net | $16.8B | $16.8B | $15.1B | $15.0B |
| Investments in and advances to real estate joint ventures | $1.5B | $1.5B | $1.2B | $1.1B |
| Other investments | $99.9M | $107.3M | $144.1M | $107.6M |
| Cash, cash equivalents and restricted cash | $212.8M | $689.7M | $783.8M | $149.8M |
| Mortgage and other financing receivables, net | $383.9M | — | — | — |
| Accounts and other receivables, net | $369.0M | $340.5M | $307.6M | $304.2M |
| Deferred charges and prepaid expenses | $177.9M | $167.0M | $155.6M | $147.9M |
| Operating lease right-of-use assets, net | $127.6M | $126.4M | $128.3M | $133.7M |
| Other assets | $93.8M | $578.6M | $241.9M | $253.8M |
| Total assets | $19.7B | $20.3B | $18.3B | $17.8B |
| Notes payable, net | $7.7B | $8.0B | $7.3B | $6.8B |
| Mortgages payable, net | $467.2M | $496.4M | $353.9M | $376.9M |
| Accounts payable and accrued expenses | $291.5M | $281.9M | $216.2M | $207.8M |
| Intangible liabilities, net | $334.5M | — | — | — |
| Operating lease liabilities | $120.1M | $117.2M | $110.0M | $113.7M |
| Other liabilities | $188.3M | $597.5M | $600.0M | $601.6M |
| Total liabilities | $9.1B | $9.5B | $8.5B | $8.1B |
| Redeemable noncontrolling interests | $24.5M | $47.9M | $72.3M | $92.9M |
| Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 20,748 and 20,806 shares, respectively; Aggregate liquidation preference $553,196 and $556,113, respectively | 21.0K | 21.0K | 19.0K | 19.0K |
| Common stock, $.01 par value, authorized 1,500,000,000 shares; Issued and outstanding 674,093,047 and 679,493,522 shares, respectively | 6.7M | 6.8M | 6.2M | 6.2M |
| Paid-in capital | $10.9B | $11.0B | $9.6B | $9.6B |
| Cumulative distributions in excess of net income | ($528.7M) | ($398.8M) | ($122.6M) | ($119.5M) |
| Accumulated other comprehensive income | ($8.8M) | $11.0M | $3.3M | $10.6M |
| Total stockholders' equity | $10.4B | $10.7B | $9.5B | $9.5B |
| Preferred units; 20,748 and 20,806 units outstanding, respectively | $546.3M | $549.6M | $467.4M | — |
| General member; 674,093,047 and 679,493,522 common units outstanding, respectively | $9.9B | $10.1B | — | — |
| Limited members; 1,444,722 and 1,073,942 common units outstanding; respectively | $30.2M | $22.3M | — | — |
| Accumulated other comprehensive (loss)/income | ($8.8M) | — | — | — |
| Total members' capital | $10.4B | $10.7B | $9.5B | — |
| Noncontrolling interests | $151.5M | $145.4M | $128.0M | $131.4M |
| Total equity | $10.5B | $10.8B | $9.7B | $9.6B |
| Total liabilities and equity | $19.7B | $20.3B | $18.3B | $17.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Real estate, net of accumulated depreciation and amortization of $4,927,791 and $4,849,564, respectively | $16.6B | $16.7B | $16.8B | $16.8B |
| Investments in and advances to real estate joint ventures | $1.4B | $1.4B | $1.5B | $1.5B |
| Other investments | $100.1M | $99.7M | $109.3M | $109.8M |
| Cash, cash equivalents and restricted cash | $700.4M | $169.6M | $160.5M | $227.8M |
| Mortgage and other financing receivables, net | $412.7M | $420.4M | $623.2M | $441.0M |
| Accounts and other receivables, net | $371.3M | $370.1M | $351.7M | $339.4M |
| Operating lease right-of-use assets, net | $126.0M | $127.6M | $129.2M | $130.8M |
| Other assets | $290.1M | $295.3M | $301.7M | $329.5M |
| Total assets | $20.0B | $19.6B | $19.9B | $19.8B |
| Notes payable, net | $8.3B | $7.7B | $7.8B | $7.7B |
| Mortgages payable, net | $431.6M | $465.4M | $470.1M | $441.5M |
| Accounts payable and accrued expenses | $283.7M | $254.3M | $316.5M | $257.3M |
| Intangible liabilities, net | $309.9M | $318.5M | — | — |
| Operating lease liabilities | $119.2M | $120.3M | $121.3M | $122.4M |
| Other liabilities | $155.5M | $161.7M | $526.1M | $533.8M |
| Total liabilities | $9.6B | $9.0B | $9.2B | $9.1B |
| Redeemable noncontrolling interests | $0 | $0 | $46.8M | $46.6M |
| Preferred stock, $1.00 par value, authorized 7,054,000 shares; Issued and outstanding (in series) 20,748 shares; Aggregate liquidation preference $553,196 | 21.0K | 21.0K | 21.0K | 21.0K |
| Common stock, $.01 par value, authorized 1,500,000,000 shares; Issued and outstanding 670,245,777 and 674,093,047 shares, respectively | 6.7M | 6.7M | 6.8M | 6.8M |
| Paid-in capital | $10.8B | $10.9B | $11.0B | $11.0B |
| Cumulative distributions in excess of net income | ($576.3M) | ($546.7M) | ($496.5M) | ($457.4M) |
| Total stockholders' equity | $10.3B | $10.4B | $10.5B | $10.5B |
| Preferred units; 20,748 units outstanding | $546.3M | $546.3M | $546.3M | $546.3M |
| General member; 670,245,777 and 674,093,047 common units outstanding respectively | $9.7B | $9.8B | $9.9B | $10.0B |
| Limited members; 1,758,609 and 1,444,722 common units outstanding, respectively | $37.0M | $35.4M | $29.1M | $28.1M |
| Accumulated other comprehensive income/(loss) | $4.8M | ($2.2M) | ($8.8M) | ($7.8M) |
| Total members' capital | $10.3B | $10.4B | $10.5B | $10.5B |
| Noncontrolling interests | $157.4M | $156.7M | $152.0M | $150.7M |
| Total equity | $10.4B | $10.5B | $10.6B | $10.7B |
| Total liabilities and equity | $20.0B | $19.6B | $19.9B | $19.8B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $592.8M | $419.4M | $665.9M | $114.5M |
| Depreciation and amortization | $627.1M | $603.7M | $507.3M | $505.0M |
| Impairment charges | $9.5M | $4.5M | $14.0M | $22.0M |
| Straight-line rental income adjustments, net | ($29.3M) | ($23.2M) | ($22.5M) | ($33.8M) |
| Amortization of above-market and below-market leases, net | ($30.7M) | ($25.2M) | ($17.3M) | ($13.6M) |
| Amortization of deferred financing costs and fair value debt adjustments, net | $4.2M | ($762.0K) | ($9.2M) | ($28.6M) |
| Equity award expense | $33.2M | $34.9M | $33.1M | $26.6M |
| Gain on sale of properties | ($62.7M) | ($1.3M) | ($75.0M) | ($15.2M) |
| (Gain)/loss on marketable securities, net | ($3.0K) | $27.7M | ($21.3M) | — |
| Change in fair value of embedded derivative liability | ($2.3M) | ($129.0K) | ($734.0K) | — |
| Equity in income, net | ($96.8M) | ($83.8M) | ($10.7M) | ($253.3M) |
| Distributions from joint ventures and other investments | $96.5M | $97.7M | $75.8M | $83.6M |
| Change in accounts and other receivables, net | $130.0K | — | — | — |
| Change in accounts payable and accrued expenses | ($5.3M) | ($21.7M) | $5.8M | $37.7M |
| Change in other operating assets | ($18.8M) | ($22.3M) | ($19.9M) | ($24.2M) |
| Change in other operating liabilities | $5.9M | — | — | — |
| Net cash flow provided by operating activities | $1.1B | $1.0B | $1.1B | $861.1M |
| Acquisition of operating real estate and other related net assets | ($218.4M) | ($152.9M) | ($277.3M) | ($300.8M) |
| Improvements to operating real estate | ($347.6M) | ($324.5M) | ($264.4M) | ($193.7M) |
| Acquisition of RPT Realty | $0 | ($149.1M) | — | — |
| Investment in marketable securities | ($1.4M) | ($1.4M) | ($3.6M) | ($4.0M) |
| Proceeds from sale of marketable securities | $1.0M | $301.5M | $292.6M | $302.5M |
| Investments in preferred stock and cost method investments | ($5.9M) | — | — | — |
| Investments in and advances to real estate joint ventures | ($11.5M) | ($4.1M) | ($24.5M) | ($87.3M) |
| Reimbursements of investments in and advances to real estate joint ventures | $23.8M | $27.0M | $13.7M | $37.6M |
| Investments in and advances to other investments | ($10.9M) | ($8.0M) | ($18.4M) | ($17.4M) |
| Reimbursements of investments in and advances to other investments | $1.9M | $2.9M | $282.0K | $30.9M |
| Investment in mortgage and other financing receivables | ($264.5M) | ($202.5M) | ($18.5M) | ($75.1M) |
| Collection of mortgage and other financing receivables | $341.9M | $108.4M | $133.0K | $60.3M |
| Proceeds from sale of properties | $108.6M | $71.3M | $160.1M | $184.3M |
| Proceeds from insurance casualty claims | $2.5M | $7.6M | — | $0 |
| Principal payments from securities held-to-maturity | $3.5M | $5.4M | $4.6M | $4.1M |
| Net cash flow used for investing activities | ($376.8M) | ($318.5M) | ($137.0M) | ($63.2M) |
| Principal payments on debt, excluding normal amortization of rental property debt | ($48.8M) | ($11.8M) | ($49.5M) | ($157.9M) |
| Principal payments on rental property debt | ($12.2M) | ($10.3M) | ($11.3M) | ($9.8M) |
| Proceeds from unsecured debt | $500.0M | $1.4B | $500.0M | $1.3B |
| Repayments of unsecured notes | ($740.5M) | ($1.5B) | $0 | ($1.4B) |
| Financing origination costs | ($8.0M) | ($8.9M) | ($12.5M) | ($20.3M) |
| Payment of early extinguishment of debt charges | $0 | $0 | $0 | ($7.0M) |
| Contributions from noncontrolling interests | $143.0K | $274.0K | $13.0K | $891.0K |
| Distributions to noncontrolling interests | ($8.6M) | — | — | — |
| Redemptions of noncontrolling interests | ($31.2M) | — | — | — |
| Dividends paid | ($714.6M) | ($685.9M) | ($657.5M) | ($544.7M) |
| Proceeds from issuance of units, net | $0 | $135.8M | $3.7M | $15.5M |
| Repurchase of preferred units | ($3.5M) | ($26.7M) | ($1.5M) | ($3.4M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $320.3M | $166.3M | $439.5M | $299.4M |
| Depreciation and amortization | $305.5M | $156.5M | $473.0M | $314.8M |
| Impairment charges | $6.7M | $50.0K | $8.6M | $8.2M |
| Straight-line rental income adjustments, net | ($14.0M) | ($6.6M) | ($19.0M) | ($10.6M) |
| Amortization of above-market and below-market leases, net | ($20.1M) | ($13.6M) | ($22.3M) | ($12.6M) |
| Amortization of deferred financing costs and fair value debt adjustments, net | $3.4M | $1.6M | $2.3M | $667.0K |
| Equity award expense | $18.9M | $12.7M | $25.3M | $18.3M |
| Gain on sale of properties | ($17.1M) | ($15.7M) | ($43.5M) | ($39.8M) |
| Loss/(gain) on marketable securities/derivative, net | $24.0K | $29.0K | — | — |
| Equity in income, net | ($57.3M) | ($24.8M) | ($75.3M) | ($49.1M) |
| Distributions from joint ventures and other investments | $64.0M | $30.0M | $71.7M | $44.7M |
| Change in accounts and other receivables, net | $11.1M | $5.5M | — | — |
| Change in accounts payable and accrued expenses | $753.0K | ($25.1M) | $31.6M | ($25.7M) |
| Change in other operating assets | ($9.2M) | ($21.6M) | ($36.5M) | ($28.1M) |
| Change in other operating liabilities | ($19.5M) | ($16.6M) | — | — |
| Net cash flow provided by operating activities | $588.3M | $243.0M | $861.6M | $529.2M |
| Acquisition of operating real estate and other related net assets | ($2.1M) | $0 | ($144.4M) | ($106.2M) |
| Improvements to operating real estate | ($173.6M) | ($63.4M) | ($232.0M) | ($138.2M) |
| Investment in marketable securities | ($1.0M) | ($1.0M) | ($1.3M) | ($1.0M) |
| Proceeds from sale of marketable securities | $1.2M | $679.0K | $500.0K | $500.0K |
| Investments in preferred stock and cost method investments | ($38.0K) | ($26.0K) | ($5.9M) | ($5.4M) |
| Investments in and advances to real estate joint ventures | ($1.4M) | ($299.0K) | ($4.0M) | ($2.9M) |
| Distributions from real estate joint ventures in excess of equity in earnings | $38.3M | $8.2M | $18.5M | $14.2M |
| Investments in and advances to other investments | ($3.3M) | ($1.1M) | ($4.4M) | ($3.0M) |
| Distributions from other investments in excess of equity in earnings | $855.0K | — | — | — |
| Investment in mortgage and other financing receivables | ($80.7M) | ($76.4M) | ($252.0M) | ($46.2M) |
| Collection of mortgage and other financing receivables | $50.0M | $39.9M | $71.8M | $50.1M |
| Proceeds from sale of properties | $43.9M | $44.0M | $58.2M | $2.1M |
| Proceeds from insurance casualty claims | $1.2M | $869.0K | $2.3M | $1.6M |
| Net cash flow used for investing activities | ($126.9M) | ($48.5M) | ($491.3M) | ($233.1M) |
| Principal payments on debt, excluding normal amortization of rental property debt | ($47.1M) | ($16.1M) | ($48.8M) | ($48.8M) |
| Principal payments on rental property debt | ($6.0M) | ($3.1M) | ($9.1M) | ($6.2M) |
| Proceeds from mortgage loan financings | $17.4M | $17.4M | — | — |
| Proceeds from issuance of exchangeable senior notes | $600.0M | — | — | — |
| Proceeds from issuance of unsecured notes | $0 | — | $500.0M | $500.0M |
| Repayments of unsecured notes | $0 | $0 | ($740.5M) | ($740.5M) |
| Financing origination costs | ($18.8M) | ($6.3M) | ($7.5M) | ($6.6M) |
| Contributions from noncontrolling interests | $426.0K | $78.0K | $125.0K | — |
| Distributions to noncontrolling interests | ($3.5M) | ($1.6M) | ($6.5M) | — |
| Redemptions of noncontrolling interests | ($39.7M) | ($39.1M) | ($1.0M) | — |
| Dividends paid | ($365.8M) | ($182.9M) | ($531.1M) | ($354.3M) |
| Repurchase of preferred stock/units | $0 | $0 | ($3.5M) | ($3.5M) |
| Repurchase of common stock/units | ($105.2M) | ($462.0K) | ($58.8M) | ($58.8M) |
| Shares/Units repurchased for employee tax withholding on equity awards | -6.4M | -6.0M | -11.7M | -11.6M |
| Principal payments under finance lease obligations | $0 | $0 | ($24.4M) | ($24.4M) |
Kimco Realty Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.