Kimco Realty (KIM) Operating Expenses (2009 - 2026)
Kimco Realty's (KIM) quarterly Operating Expenses came in at $364.3 million in Q4 2025, up 1.38% YoY from $359.3 million in Q4 2024, and up 3.4% on a QoQ basis from $352.3 million in Q3 2025.
Kimco Realty (KIM) Operating Expenses (2009 - 2026) Analysis & Trends
Kimco Realty (KIM) has 17 years of Operating Expenses data on file, last reported at $364.3 million in Q4 2025.
- Quarterly Operating Expenses rose 1.38% year-over-year to $364.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.4 billion (up 1.61% YoY) and the FY2025 annual result came in at $1.4 billion, up 1.61% from the prior year.
- Operating Expenses advanced to $364.3 million in Q4 2025, from $352.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $373.4 million in Q1 2024 to a low of $187.8 million in Q1 2021.
- A 5-year average of $310.5 million and a median of $305.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses soared 57.47% — and 2025, when it retreated 4.38%.
- Tracing KIM's Operating Expenses over 5 years: stood at $298.9 million in 2021, then grew by 0.19% to $299.4 million in 2022, then gained by 2.07% to $305.6 million in 2023, then advanced by 17.57% to $359.3 million in 2024, then grew by 1.38% to $364.3 million in 2025.
- The last three Operating Expenses figures came in at $364.3 million (Q4 2025), $352.3 million (Q3 2025), and $358.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.62 Bn | 72.62 Bn | 1.76 Bn | 900.79 Mn |
| 2 | Realty Income | 57.85 Bn | 57.85 Bn | - | 1.19 Bn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | 356.02 Mn |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 217.66 Mn |
| 5 | Agree Realty | 8.86 Bn | 8.85 Bn | - | 112.31 Mn |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | 102.00 Mn |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | 277.43 Mn |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | 62.12 Mn |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | 150.10 Mn |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | 135.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 356.02 Mn |
| Dec 31, 2025 | 364.31 Mn |
| Sep 30, 2025 | 352.34 Mn |
| Jun 30, 2025 | 358.29 Mn |
| Mar 31, 2025 | 357.03 Mn |
| Dec 31, 2024 | 359.34 Mn |
| Sep 30, 2024 | 336.89 Mn |
| Jun 30, 2024 | 339.60 Mn |
| Mar 31, 2024 | 373.38 Mn |
| Dec 31, 2023 | 305.63 Mn |
| Sep 30, 2023 | 305.54 Mn |
| Jun 30, 2023 | 298.82 Mn |
| Mar 31, 2023 | 309.62 Mn |
| Dec 31, 2022 | 299.42 Mn |
| Sep 30, 2022 | 292.90 Mn |
| Jun 30, 2022 | 296.94 Mn |
| Mar 31, 2022 | 288.13 Mn |
| Dec 31, 2021 | 298.86 Mn |
| Sep 30, 2021 | 294.33 Mn |
| Jun 30, 2021 | 190.11 Mn |