Chiron Real Estate Inc'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), Chiron Real Estate Inc reported revenue of $148.2M (+6.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Rental revenue | $147.7M | $138.4M | $140.9M | $137.2M |
| Other income | $526.0K | $370.0K | $115.0K | $116.0K |
| Total revenue | $148.2M | $138.8M | $141.0M | $137.3M |
| General and administrative | $20.0M | $21.1M | $16.9M | $16.5M |
| Operating expenses | $32.6M | $29.3M | $28.1M | $25.2M |
| Depreciation expense | $44.0M | $40.4M | $41.3M | $40.0M |
| Amortization expense | $15.0M | $14.9M | $16.9M | $16.7M |
| Interest expense | $31.8M | $28.7M | $30.9M | $25.2M |
| Transaction expense | $0 | $155.0K | $44.0K | $354.0K |
| Total expenses | $143.4M | $134.6M | $134.0M | $124.0M |
| Income before other income (expense) | $4.8M | $4.2M | $7.0M | $13.2M |
| Gain on sale of investment properties | $1.5M | $4.2M | $15.6M | $6.8M |
| Impairment of investment properties | ($13.0M) | — | — | — |
| Equity loss from unconsolidated joint venture | ($150.0K) | ($20.0K) | — | — |
| Loss on extinguishment of debt | $0 | $0 | ($868.0K) | — |
| Net (loss) income | ($6.9M) | $6.7M | $21.7M | $20.0M |
| Less: Preferred stock dividends | ($6.3M) | ($5.8M) | ($5.8M) | ($5.8M) |
| Less: Net loss (income) attributable to noncontrolling interest | $1.0M | ($59.0K) | ($1.1M) | ($854.0K) |
| Net (loss) income attributable to common stockholders | ($12.1M) | $811.0K | $14.8M | $13.3M |
| Net (loss) income attributable to common stockholders per share - basic | -$0.91 | $0.01 | $0.23 | $0.20 |
| Net (loss) income attributable to common stockholders per share - diluted | -$0.91 | $0.01 | $0.23 | $0.20 |
| Weighted average shares outstanding - basic | 13.4M | 65.9M | 65.5M | 65.5M |
| Weighted average shares outstanding - diluted | 13.4M | 65.9M | 65.5M | 65.5M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Rental revenue | $37.1M | $38.0M | $37.0M | $37.9M |
| Resident fees and services | $1.8M | — | — | — |
| Other income | $846.0K | $43.0K | $193.0K | $89.0K |
| Total revenue | $39.7M | $38.1M | $37.2M | $38.0M |
| General and administrative | $5.2M | $5.1M | $4.9M | $6.0M |
| Operating expenses | $10.0M | $9.3M | $8.2M | $8.2M |
| Depreciation expense | $11.4M | $11.1M | $11.2M | $11.3M |
| Amortization expense | $3.8M | $3.7M | $3.8M | $4.0M |
| Interest expense | $8.8M | $7.2M | $8.2M | $8.0M |
| Total expenses | $39.3M | $36.4M | $36.3M | $37.5M |
| Income before other income (expense) | $410.0K | $1.7M | $962.0K | $428.0K |
| Gain on sale of investment properties | $71.9M | — | $294.0K | $207.0K |
| Equity loss from unconsolidated joint ventures | ($10.0K) | ($11.0K) | — | — |
| Net (loss) income | $72.3M | $1.7M | ($5.1M) | $585.0K |
| Less: Preferred stock dividends | ($3.0M) | ($2.5M) | ($1.5M) | ($1.5M) |
| Less: Net (income) loss attributable to noncontrolling interest | ($6.0M) | $70.0K | $512.0K | $70.0K |
| Net income (loss) attributable to common stockholders | $63.3M | ($749.0K) | ($6.0M) | ($800.0K) |
| Net income (loss) attributable to common stockholders per share - basic | $4.78 | -$0.06 | -$0.45 | -$0.01 |
| Net income (loss) attributable to common stockholders per share - diluted | $4.78 | -$0.06 | -$0.45 | -$0.01 |
| Weighted average shares outstanding - basic | 13.2M | 13.2M | 13.4M | 66.9M |
| Weighted average shares outstanding - diluted | 13.2M | 13.2M | 13.4M | 66.9M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Land | $169.9M | $174.3M | $164.3M | $168.3M |
| Building | $1.1B | $1.0B | $1.0B | $1.1B |
| Site improvements | $25.7M | $24.0M | $22.0M | $22.0M |
| Tenant improvements | $80.4M | $69.7M | $66.4M | $66.0M |
| Acquired lease intangible assets | $144.6M | $138.9M | $138.6M | $148.1M |
| Investment in real estate, Total | $1.5B | $1.5B | $1.4B | $1.5B |
| Less: accumulated depreciation and amortization | ($338.1M) | ($288.9M) | ($247.5M) | ($198.2M) |
| Investment in real estate, net | $1.2B | $1.2B | $1.2B | $1.3B |
| Cash and cash equivalents | $9.1M | $6.8M | $1.3M | $4.0M |
| Restricted cash | $2.8M | $2.1M | $5.4M | $10.4M |
| Tenant receivables, net | $7.2M | $7.4M | $6.8M | $8.0M |
| Due from related parties | $162.0K | $270.0K | $193.0K | $200.0K |
| Escrow deposits | $556.0K | $711.0K | $673.0K | $7.8M |
| Deferred assets | $28.9M | $28.2M | $27.1M | $29.6M |
| Derivative assets | $6.1M | $18.6M | $25.1M | $34.7M |
| Goodwill | $5.9M | $5.9M | $5.9M | $5.9M |
| Investment in unconsolidated joint venture | $1.8M | $2.1M | — | — |
| Other assets | $25.3M | $22.4M | $15.7M | $6.5M |
| Total assets | $1.2B | $1.3B | $1.3B | $1.4B |
| Credit Facility, net of unamortized debt issuance costs of $10,476 and $4,868 at December 31, 2025, and December 31, 2024, respectively | $652.7M | $631.7M | $585.3M | $636.4M |
| Notes payable, net of unamortized debt issuance costs of $0 and $22 at December 31, 2025, and December 31, 2024, respectively | $1.2M | $14.4M | $25.9M | $57.7M |
| Accounts payable and accrued expenses | $18.3M | $16.5M | $12.8M | $13.8M |
| Dividends payable | $12.5M | $16.5M | $16.1M | $15.8M |
| Security deposits | $3.4M | $3.3M | $3.7M | $5.5M |
| Other liabilities | $19.4M | $14.2M | $12.8M | $7.4M |
| Acquired lease intangible liability, net | $4.9M | $3.9M | $5.3M | $7.6M |
| Total liabilities | $712.4M | $700.6M | $661.9M | $744.2M |
| Preferred stock, $0.001 par value, 10,000 shares authorized; 5,155 shares and 3,105 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively (liquidation preference of $128,875 and $77,625 at December 31, 2025 and December 31, 2024, respectively) | 124.1M | 75.0M | 75.0M | 75.0M |
| Common stock, $0.001 par value, 100,000 shares authorized; 13,235 shares and 13,374 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 13.0K | 67.0K | 66.0K | 66.0K |
| Additional paid-in capital | $729.5M | $734.2M | $722.4M | $722.0M |
| Accumulated deficit | ($350.0M) | ($293.7M) | ($239.0M) | ($198.7M) |
| Accumulated other comprehensive income | $6.1M | $18.6M | $25.1M | $34.7M |
| Total Chiron Real Estate stockholders' equity | $509.8M | $534.1M | $583.6M | $633.0M |
| Noncontrolling interest | $20.3M | $21.8M | $22.2M | $16.1M |
| Total equity | $530.1M | $555.9M | $605.8M | $649.1M |
| Total liabilities and equity | $1.2B | $1.3B | $1.3B | $1.4B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Land | $184.4M | $169.9M | $171.3M | $173.1M |
| Building | $1.1B | $1.1B | $1.1B | $1.1B |
| Furniture, fixtures and equipment | $5.9M | — | — | — |
| Site improvements | $24.7M | $25.8M | $25.1M | $25.0M |
| Tenant improvements | $69.7M | $81.2M | $80.0M | $80.0M |
| Acquired lease intangible assets | $140.5M | $144.6M | $144.7M | $147.4M |
| Investment in real estate, Total | $1.6B | $1.5B | $1.5B | $1.5B |
| Less: accumulated depreciation and amortization | ($315.9M) | ($353.3M) | ($327.2M) | ($316.6M) |
| Investment in real estate, net | $1.2B | $1.1B | $1.2B | $1.2B |
| Cash and cash equivalents | $10.7M | $8.2M | $7.1M | $6.6M |
| Restricted cash | $2.3M | $2.8M | $2.7M | $2.6M |
| Real estate loans receivable, net | $3.0M | — | — | — |
| Tenant and resident receivables, net | $6.8M | $6.8M | $7.9M | $7.8M |
| Due from related parties | $728.0K | $177.0K | $367.0K | $461.0K |
| Escrow deposits | $2.3M | $546.0K | $552.0K | $556.0K |
| Deferred assets | $22.0M | $30.0M | $29.2M | $28.7M |
| Derivative assets | $10.9M | $7.2M | $7.5M | $10.4M |
| Goodwill | $5.9M | $5.9M | $5.9M | $5.9M |
| Investment in unconsolidated joint ventures | $32.6M | $8.9M | $1.8M | $1.9M |
| Other Assets | $24.9M | $25.5M | $28.6M | $27.8M |
| Total assets | $1.4B | $1.2B | $1.3B | $1.3B |
| Credit Facility, net of unamortized debt issuance costs of $8,979 and $10,476 at June 30, 2026 and December 31, 2025, respectively | $632.0M | $662.3M | $708.5M | $698.8M |
| Notes payable, net of unamortized debt issuance costs of $0 at June 30, 2026 and December 31, 2025 | $1.1M | $1.1M | $1.2M | $14.2M |
| Accounts payable and accrued expenses | $21.0M | $15.0M | $17.8M | $19.0M |
| Dividend payable | $8.9M | $12.7M | $12.1M | $12.0M |
| Security deposits | $3.3M | $3.5M | $3.5M | $3.4M |
| Other liabilities | $17.6M | $18.4M | $18.9M | $18.4M |
| Acquired lease intangible liability, net | $3.8M | $4.4M | $5.5M | $6.1M |
| Total liabilities | $687.7M | $717.4M | $767.4M | $771.9M |
| Preferred stock, $0.001 par value, 10,000 shares authorized; 6,155 shares and 5,155 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively (liquidation preference of $228,875 and $128,875 at June 30, 2026 and December 31, 2025, respectively) | 220.2M | 124.1M | 75.0M | 75.0M |
| Common stock, $0.001 par value, 100,000 shares authorized; 13,235 shares issued and outstanding at June 30, 2026 and December 31, 2025 | 13.0K | 13.0K | 13.0K | 67.0K |
| Additional paid-in capital | $729.5M | $729.5M | $735.4M | $734.3M |
| Accumulated deficit | ($303.7M) | ($360.6M) | ($332.6M) | ($316.5M) |
| Accumulated other comprehensive income | $10.9M | $7.2M | $7.5M | $10.4M |
| Total Chiron Real Estate Inc. stockholders' equity | $656.9M | $500.2M | $485.3M | $503.2M |
| Noncontrolling interest | $27.1M | $20.4M | $20.5M | $21.8M |
| Total equity | $684.1M | $520.6M | $505.8M | $525.0M |
| Total liabilities and equity | $1.4B | $1.2B | $1.3B | $1.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net (loss) income | ($6.9M) | $6.7M | $21.7M | $20.0M |
| Depreciation expense | $44.0M | $40.4M | $41.3M | $40.0M |
| Amortization of acquired lease intangible assets | $14.0M | $14.5M | $16.7M | $16.6M |
| Amortization of above market leases, net | $648.0K | $1.2M | $1.1M | $1.0M |
| Amortization of debt issuance costs and other | $3.0M | $2.2M | $2.4M | $2.2M |
| Stock-based compensation expense | $4.5M | $5.1M | $4.2M | $4.7M |
| Capitalized preacquisition and other costs charged to expense | $136.0K | $242.0K | $177.0K | $472.0K |
| Gain on sale of investment properties | ($1.5M) | ($4.2M) | ($15.6M) | ($6.8M) |
| Impairment of investment property | $13.0M | $1.7M | — | — |
| Equity loss from unconsolidated joint venture | $150.0K | $20.0K | — | — |
| Other | $147.0K | $136.0K | $433.0K | $21.0K |
| Tenant receivables | $199.0K | ($1.5M) | $426.0K | ($3.0M) |
| Deferred assets | ($1.1M) | ($1.9M) | ($2.9M) | ($4.3M) |
| Other assets and liabilities | $5.0K | $2.0M | $542.0K | $586.0K |
| Accounts payable and accrued expenses | $3.2M | $3.0M | ($2.0M) | $4.1M |
| Security deposits | $124.0K | ($364.0K) | ($1.8M) | $921.0K |
| Net cash provided by operating activities | $73.6M | $70.0M | $68.4M | $76.5M |
| Purchase of land, buildings, and other tangible and intangible assets and liabilities | ($70.5M) | ($81.7M) | ($442.0K) | ($150.9M) |
| Net proceeds from sale of investment properties | $23.0M | — | — | — |
| Distribution of capital from unconsolidated joint venture | $135.0K | — | — | — |
| Escrow deposits for purchase of properties | $290.0K | ($290.0K) | — | $98.0K |
| Advances received from (made to) related parties | $108.0K | ($77.0K) | $7.0K | ($38.0K) |
| Capital expenditures on existing real estate investments | ($11.2M) | ($13.4M) | ($9.6M) | ($5.3M) |
| Leasing commissions | ($2.2M) | ($5.7M) | ($1.3M) | — |
| Net cash (used in) provided by investing activities | ($60.4M) | ($45.9M) | $67.6M | ($137.3M) |
| Net proceeds received from preferred stock offering | $49.1M | — | — | — |
| Repayment of notes payable | ($13.3M) | ($11.5M) | ($1.3M) | ($1.2M) |
| Proceeds from Credit Facility | $138.3M | $143.8M | $83.1M | $138.6M |
| Repayment of Credit Facility | ($111.7M) | ($99.6M) | ($136.4M) | ($15.5M) |
| Payment of debt issuance costs | ($8.6M) | — | ($13.0K) | ($3.2M) |
| Repurchase of common stock | ($6.0M) | — | — | — |
| Dividends paid to common stockholders, and OP Unit and LTIP Unit holders | ($52.3M) | ($59.9M) | ($59.0M) | ($58.4M) |
| Dividends paid to preferred stockholders | ($5.8M) | ($5.8M) | ($5.8M) | ($5.8M) |
| Net cash provided by financing activities | ($10.3M) | ($21.9M) | ($143.8M) | $62.4M |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $2.9M | $2.2M | ($7.7M) | $1.7M |
| Cash and cash equivalents and restricted cash-beginning of period | $8.9M | $6.7M | $14.5M | $12.8M |
| Cash and cash equivalents and restricted cash-end of period | $11.9M | $8.9M | $6.7M | $14.5M |
| Cash payments for interest | $27.8M | $26.6M | $30.1M | $21.6M |
| Accrued dividends payable | $12.5M | $16.5M | $16.1M | $15.8M |
| Interest rate swap agreements fair value change recognized in other comprehensive (loss) income | ($12.5M) | — | — | — |
| LTIP Units and OP Units redeemed for common stock | $1.2M | — | — | — |
| Accrued capital expenditures and leasing commissions included in accounts payable and accrued expenses | $1.4M | $2.4M | $2.2M | $1.4M |
| Recognition of lease liability related to right of use asset | $6.3M | — | $4.6M | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $73.9M | $1.7M | ($736.0K) | $4.3M |
| Depreciation expense | $22.5M | $11.1M | $32.8M | $21.6M |
| Amortization of acquired lease intangible assets | $6.9M | $3.4M | $10.6M | $7.0M |
| Amortization of above market leases, net | $296.0K | $146.0K | $505.0K | $392.0K |
| Amortization of debt issuance costs | $1.5M | $807.0K | — | — |
| Stock-based compensation expense | $2.6M | $1.2M | $3.1M | $1.9M |
| Gain on sale of investment properties | ($71.9M) | — | — | — |
| Equity loss from unconsolidated joint ventures | $21.0K | $11.0K | — | — |
| Other | $132.0K | ($53.0K) | $94.0K | $70.0K |
| Tenant receivables | $331.0K | $425.0K | ($522.0K) | ($402.0K) |
| Deferred assets | ($1.1M) | ($1.0M) | ($1.1M) | ($536.0K) |
| Other assets and liabilities | ($1.7M) | ($1.6M) | ($1.8M) | ($2.1M) |
| Accounts payable and accrued expenses | $1.8M | ($2.8M) | $2.6M | $2.3M |
| Security deposits | $413.0K | $65.0K | $188.0K | $83.0K |
| Net cash provided by operating activities | $35.9M | $13.4M | $52.0M | $34.4M |
| Purchase of land, buildings, and other tangible and intangible assets and liabilities | ($250.9M) | — | ($70.5M) | ($70.5M) |
| Net proceeds from sale of investment properties | $211.4M | — | — | — |
| Investment in unconsolidated joint ventures | ($30.9M) | ($7.2M) | — | — |
| Real estate notes receivable | ($2.9M) | — | — | — |
| Distribution of capital from unconsolidated joint venture | $60.0K | $33.0K | $97.0K | $58.0K |
| Escrow deposits for purchase of properties | ($1.7M) | — | $290.0K | $290.0K |
| Advances made to related parties | ($565.0K) | ($15.0K) | ($97.0K) | ($191.0K) |
| Capital expenditures on existing real estate investments | ($5.2M) | ($2.1M) | ($7.9M) | ($4.6M) |
| Leasing commissions | ($917.0K) | ($550.0K) | ($1.8M) | ($673.0K) |
| Net cash used in investing activities | ($81.7M) | ($9.8M) | ($67.2M) | ($66.4M) |
| Net proceeds received from preferred stock offering | $96.1M | — | — | — |
| Repayment of notes payable | ($57.0K) | ($57.0K) | ($13.3M) | ($264.0K) |
| Proceeds from Credit Facility | $241.1M | $17.1M | $115.4M | $94.5M |
| Repayment of Credit Facility | ($263.3M) | ($8.3M) | ($40.3M) | ($28.5M) |
| Payment of debt issuance costs | ($17.0K) | ($17.0K) | — | — |
| Dividends paid to common stockholders, and OP Unit and LTIP Unit holders | ($21.8M) | ($10.9M) | ($41.4M) | ($30.5M) |
| Dividends paid to preferred stockholders | ($5.2M) | ($2.3M) | ($4.4M) | ($2.9M) |
| Net cash provided by financing activities | $46.8M | ($4.4M) | $16.1M | $32.3M |
| Net increase in cash and cash equivalents and restricted cash | $1.0M | ($929.0K) | $898.0K | $284.0K |
| Cash and cash equivalents and restricted cash-beginning of period | $11.9M | $11.9M | $8.9M | $8.9M |
| Cash and cash equivalents and restricted cash-end of period | $12.9M | $11.0M | $9.8M | $9.2M |
| Cash payments for interest | $13.5M | $6.5M | $22.2M | $14.3M |
| Accrued dividends payable | $8.9M | $12.7M | $12.1M | $12.0M |
| Interest rate swap agreements fair value change recognized in other comprehensive (loss) income | $4.8M | ($1.1M) | — | — |
| Accrued capital expenditures and leasing commissions included in accounts payable and accrued expenses | $1.7M | $889.0K | $1.6M | $2.3M |
| Recognition of lease liability related to right of use asset | $163.0K | — | — | — |
Chiron Real Estate Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.