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Kimco Realty (KIM) Q3 FY2026 earnings: revenue $546 million, up 1.9% on the year

Kimco Realty Corp. (KIM) reported revenue of $546 million for Q3 FY2026, the quarter ended 30 September 2026, up 1.9% on the same quarter a year earlier. Net income was $279 million, up 102.6% on the year, and diluted earnings per share $0.41. The figures are the company's own, from the 10-Q it filed with the SEC on 29 October 2026.

Revenue$546 millionup 1.9%
Net income$279 millionup 102.6%
Diluted EPS$0.41
QuarterQ3 FY2026ended 30 September 2026

What management said

Guidance figures: 8 raised, 5 lowered, 2 kept.

  • FFO totals rose year over year: FFO was $316.2 million for the quarter, against $300.3 million a year earlier. The per diluted share figure was $0.47, against $0.44.
  • Same property NOI grew 4.9%: Same property NOI was $405.0 million, against $386.1 million a year earlier, with minimum rents up 3.2%.
  • 444 leases executed in quarter: Leases covered 2.7 million square feet. Renewal cash rent spreads were 7.3% and option spreads 7.7% on comparable spaces.
Read the earnings call summary

The quarter, against the one before and a year earlier

LineQ3 FY2026Q2 FY2026Q3 FY2025Change on the year
Revenue546551536+1.9%
Operating income280196187+49.5%
Operating margin51.3%35.6%34.9%
Interest expense87.783.984.3+4.1%
Pre-tax income208122113+84.1%
Income tax0.10.0-0.9n/a
Effective tax rate0.1%0.0%-0.8%
Net income279153138+102.6%
Net margin51.1%27.8%25.7%
Diluted EPS$0.41$0.22$0.19+115.8%
$ 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 and capital returned

LineQ3 FY2026Q2 FY2026Q3 FY2025Change on the year
Operating cash flow390345332+17.2%
Capital expendituren/an/a0.0n/a
Free cash flown/an/a332n/a
Free cash flow marginn/an/a62.0%
Cash from investing127-78.4-258n/a
Cash from financing-672264-142n/a
Depreciation and amortisation156149158-1.5%
Share-based compensation8.86.16.9+26.5%
Buybacks1501050.0n/a
Dividends paid194183177+9.9%
Dividend per share$0.28$0.26$0.25+12.0%
Diluted shares, weighted669m672m675m-0.9%
Shares outstanding at period end664m670m677m-1.9%

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

Balance sheet at quarter end

LineQ3 FY2026Q2 FY2026Q3 FY2025Change on the year
Shareholders' equity10,15810,26610,486-3.1%
Non-controlling interest161157152+6.2%
Redeemable equity0.00.046.8n/a
Debt8,4728,7408,225+3.0%
Other liabilities929868970-4.2%
Total liabilities and equity19,72020,03119,880-0.8%
Cash and equivalents544699159+241.2%
Other assets19,17619,33219,721-2.8%
Total assets19,72020,03119,880-0.8%

Questions

What was Kimco Realty's revenue in Q3 FY2026?

Kimco Realty (KIM) reported revenue of $546 million for Q3 FY2026, the quarter ended 30 September 2026, up 1.9% on the same quarter a year earlier.

How much did Kimco Realty earn in Q3 FY2026?

Net income for Q3 FY2026 was $279 million, up 102.6% on the year, and diluted earnings per share $0.41.

When did Kimco Realty report Q3 FY2026 results?

Kimco Realty filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 29 October 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 September 2026, filed 29 October 2026: the filing.