Kilroy Realty (KRC) Operating Expenses (2009 - 2026)
Kilroy Realty (KRC) posted quarterly Operating Expenses of $207.0 million for Q2 2026, up 5.23% year-over-year from $196.7 million in Q2 2025, and down 0.91% quarter-over-quarter from $208.9 million in Q4 2025.
Kilroy Realty (KRC) Operating Expenses (2009 - 2026) Analysis & Trends
Kilroy Realty (KRC) has reported Operating Expenses for 18 consecutive years, with $207.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 5.23% year-over-year to $207.0 million; the TTM figure through Jun 2026 stood at $811.7 million (up 1.77% YoY), while the FY2025 annual figure was $801.7 million, changed 0.19% from the prior year.
- Operating Expenses declined to $207.0 million in Q2 2026 per KRC's latest filing, from $208.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $208.9 million in Q4 2025 and bottomed at $185.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $198.9 million across 5 years, with a median of $199.0 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses rose 20.55% — and 2023, when it retreated 3.66%.
- Kilroy Realty's Operating Expenses stood at $202.6 million in 2022, then retreated by 3.66% to $195.2 million in 2023, then increased by 1.64% to $198.4 million in 2024, then advanced by 5.32% to $208.9 million in 2025, then decreased by 0.91% to $207.0 million in 2026.
- Business Quant data shows KRC's Operating Expenses at $207.0 million in Q2 2026, $208.9 million in Q4 2025, and $199.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | 835.39 Mn |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | 249.25 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | 207.02 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 134.16 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | 60.25 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | 159.11 Mn |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | 206.20 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | 335.61 Mn |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 123.54 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | 70.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 207.02 Mn |
| 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 |