Kimco Realty (KIM) Operating Expenses (2009 - 2025)

Kimco Realty (KIM) reported Operating Expenses of $364.3 million for Q4 2025, up 1.38% on a YoY basis from $359.3 million in Q4 2024, and up 3.4% quarter-over-quarter from $352.3 million in Q3 2025.

Kimco Realty (KIM) Operating Expenses (2009 - 2025) Analysis & Trends

Kimco Realty has reported Operating Expenses for 17 years, with the latest figure at $364.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 1.38% year-over-year to $364.3 million; the trailing twelve-month figure through Dec 2025 stood at $1.4 billion (up 1.61% YoY), and the FY2025 full-year result was $1.4 billion, up 1.61% from the prior year.
  • Operating Expenses for Q4 2025 stood at $364.3 million, up from $352.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $373.4 million in Q1 2024, with the low at $187.8 million in Q1 2021.
  • Historically, Operating Expenses has averaged $310.5 million across 5 years, with a median of $305.6 million in 2023.
  • Annual changes were most pronounced in 2021 — Operating Expenses soared 57.47% — and 2025, when it retreated 4.38%.
  • Kimco Realty's Operating Expenses 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 67.46 Bn 67.84 Bn 1.76 Bn 900.79 Mn
2 Realty Income 55.47 Bn 56.16 Bn - 1.24 Bn
3 Kimco Realty 16.36 Bn 16.39 Bn 447.43 Mn 364.31 Mn
4 Regency Centers 14.49 Bn 14.61 Bn - 73.30 Mn
5 Federal Realty Investment Trust 10.47 Bn 10.54 Bn 265.49 Mn 220.41 Mn
6 Agree Realty 8.78 Bn 8.76 Bn - 104.48 Mn
7 Nnn Reit 8.52 Bn 8.52 Bn - 105.96 Mn
8 Essential Properties Realty Trust 6.32 Bn 6.32 Bn - 74.46 Mn
9 Kite Realty Group Trust 6.09 Bn 6.20 Bn - 28.87 Mn
10 Macerich 6.03 Bn 5.83 Bn 158.29 Mn 278.05 Mn

Historic Data

Download Data
DateValue
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
Mar 31, 2021 187.85 Mn