Kilroy Realty (KRC) Operating Expenses (2009 - 2025)

Kilroy Realty (KRC) reported Operating Expenses of $208.9 million for Q4 2025, up 5.32% year-over-year from $198.4 million in Q4 2024, and up 4.98% quarter-over-quarter from $199.0 million in Q3 2025.

Kilroy Realty (KRC) Operating Expenses (2009 - 2025) Analysis & Trends

Kilroy Realty (KRC) has 17 years of Operating Expenses data on file, last reported at $208.9 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $208.9 million, up 5.32% year-over-year; the trailing twelve-month figure through Dec 2025 was $801.7 million (changed 0.19% YoY), and the FY2025 annual result was $801.7 million, changed 0.19% from the prior year.
  • Operating Expenses grew to $208.9 million in Q4 2025 per KRC's latest filing, from $199.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $208.9 million in Q4 2025 and troughed at $163.6 million in Q2 2021.
  • A 5-year average of $192.4 million and a median of $197.1 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses declined 10.13% in 2021, then rose 20.55% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $180.5 million in 2021, then advanced by 12.23% to $202.6 million in 2022, then fell by 3.66% to $195.2 million in 2023, then grew by 1.64% to $198.4 million in 2024, then gained by 5.32% to $208.9 million in 2025.
  • Business Quant data shows KRC's Operating Expenses at $208.9 million in Q4 2025, $199.0 million in Q3 2025, and $196.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - 634.35 Mn
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn 285.09 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 208.92 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn 61.46 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 142.32 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn - 410.82 Mn
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn 202.02 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 160.87 Mn
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn 124.51 Mn
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn 71.63 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 208.92 Mn
Sep 30, 2025 199.00 Mn
Jun 30, 2025 196.74 Mn
Mar 31, 2025 196.99 Mn
Dec 31, 2024 198.38 Mn
Sep 30, 2024 205.46 Mn
Jun 30, 2024 199.38 Mn
Mar 31, 2024 196.91 Mn
Dec 31, 2023 195.17 Mn
Sep 30, 2023 202.04 Mn
Jun 30, 2023 200.05 Mn
Mar 31, 2023 203.36 Mn
Dec 31, 2022 202.58 Mn
Sep 30, 2022 186.94 Mn
Jun 30, 2022 197.21 Mn
Mar 31, 2022 185.57 Mn
Dec 31, 2021 180.51 Mn
Sep 30, 2021 163.70 Mn
Jun 30, 2021 163.59 Mn
Mar 31, 2021 164.56 Mn