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| Date | Value |
|---|---|
| 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 |