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Kimco Realty (KIM) Q2 FY2026 earnings: revenue $551 million, up 4.9% on the year

Kimco Realty Corp. (KIM) reported revenue of $551 million for Q2 FY2026, the quarter ended 30 June 2026, up 4.9% on the same quarter a year earlier. Net income was $153 million, down 5.9% on the year, and diluted earnings per share $0.22. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue
$551 million
+4.9% on the year · -1.3% on the quarter
Q3 FY2024Q2 FY2026
Operating margin
35.6%
39.2% a year earlier
Q3 FY2024Q2 FY2026
Net income
$153 million
-5.9% on the year · -7.0% on the quarter
Q3 FY2024Q2 FY2026
Diluted EPS
$0.22
-4.3% on the year · -4.3% on the quarter
Q3 FY2024Q2 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 2 raised, 2 lowered, 4 narrowed, 5 kept.

  • FFO per share rose 4.5%: FFO reached $309.2 million, or $0.46 per diluted share, against $0.44 a year earlier. The company reported 4.5% growth in FFO per diluted share.
  • Occupancy matched all-time high: Pro-rata leased occupancy reached 96.4%, matching the all-time high. It rose 10 basis points sequentially and 100 basis points year-over-year.
  • New-lease spreads reached 40.4%: New leases carried 40.4% cash rent spreads on comparable space, with renewals at 6.1% and options at 8.0%.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Revenue551558525-1.3%+4.9%
Operating income196208206-5.6%-4.7%
Operating margin35.6%37.2%39.2%
Interest expense83.983.181.2+0.9%+3.3%
Pre-tax income122136140-9.9%-12.6%
Income tax0.0-0.20.4-98.9%
Effective tax rate0.0%-0.2%0.3%
Net income153165163-7.0%-5.9%
Net margin27.8%29.6%31.0%
Diluted EPS$0.22$0.23$0.23-4.3%-4.3%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow345243305+42.1%+13.1%
Capital expendituren/an/a0.0
Free cash flown/an/a305
Free cash flow marginn/an/a58.2%
Cash from investing-78.4-48.5-103
Cash from financing264-238-107
Depreciation and amortisation149156156-4.8%-4.7%
Share-based compensation6.112.711.6-51.9%-47.3%
Buybacks1050.558.8+22,565.6%+78.0%
Dividends paid183183177-0.0%+3.4%
Dividend per share$0.26$0.26$0.250.0%+4.0%
Diluted shares, weighted672m673m675m-0.1%-0.5%
Shares outstanding at period end670m674m677m-0.6%-1.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ2 FY2026Q1 FY2026Q2 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity10,26610,38910,521-1.2%-2.4%
Non-controlling interest157157151+0.5%+4.4%
Redeemable equity0.00.046.6
Debt8,7408,1858,159+6.8%+7.1%
Other liabilities868855920+1.6%-5.6%
Total liabilities and equity20,03119,58519,797+2.3%+1.2%
Cash and equivalents699168227+315.1%+208.6%
Other assets19,33219,41719,570-0.4%-1.2%
Total assets20,03119,58519,797+2.3%+1.2%

Questions

What was Kimco Realty's revenue in Q2 FY2026?

Kimco Realty (KIM) reported revenue of $551 million for Q2 FY2026, the quarter ended 30 June 2026, up 4.9% on the same quarter a year earlier.

How much did Kimco Realty earn in Q2 FY2026?

Net income for Q2 FY2026 was $153 million, down 5.9% on the year, and diluted earnings per share $0.22.

When did Kimco Realty report Q2 FY2026 results?

Kimco Realty filed its 10-Q for the quarter ended 30 June 2026 with the SEC on 4 August 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue425427427433440443443446452504500508525537525536542558551546
Operating income126143133144145172157141169131161171166180206187197208196280
Operating margin30%34%31%33%33%39%35%32%37%26%32%34%32%34%39%35%36%37%36%51%
Interest expense57.557.056.552.460.961.360.760.467.874.673.376.283.780.481.284.384.483.183.987.7
Pre-tax income38.9207-17822.2-6.729811910212540.593.0117100112140113129136122208
Tax rate1%-0%n/a-5%n/a10%26%-1%-0%178%0%0%-47%0%0%-1%1%-0%0%0%
Net income81.7237-12058.0-49.8290107118140-11.0120136166133163138151165153279
Net margin19%56%-28%13%-11%65%24%27%31%-2%24%27%32%25%31%26%28%30%28%51%
Diluted EPS$0.14$0.37-$0.21$0.08-$0.08$0.46$0.16$0.18$0.22-$0.03$0.17$0.19$0.23$0.18$0.23$0.19$0.21$0.23$0.22$0.41
Operating cash flow202195248263155345255281190176294296240224305332258243345390
Capital expenditure0.0n/an/an/an/an/an/an/an/an/an/an/an/a18.40.00.00.0n/an/an/a
Free cash flow202n/an/an/an/an/an/an/an/an/an/an/an/a205305332258n/an/an/a
Buybacksn/an/an/an/an/an/an/an/an/an/an/a0.0n/a0.058.80.061.50.5105150
Dividends paid111124130142149149149149211168170170175177177177181183183194
Shares outstanding617m618m618m618m618m620m620m620m620m674m674m674m679m679m677m677m674m674m670m664m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 June 2026, filed 4 August 2026: the filing.