Kilroy Realty Reports Q4 Net Income Down 15% to $18.5M, Ends 2025 in Losing Position

Kilroy Realty Corporation (KRC) reported fourth-quarter net income of $18.5 million, down 15% from $21.8 million in the same period of 2024, ending the year with a net loss of $19.4 million. The decline reflects continued softness in the multifamily housing market and higher interest expenses. For the year ended December 31, 2025, the company recorded a net loss of $19.4 million, compared to a net loss of $14.2 million in 2024. The company cited lower rental rates and absorption challenges as key factors. (Data as of February 9, 2026.)