Kite Realty Group Trust
Kite Realty Group Trust (KRG) Financial Performance & Income Statement Overview
Explore the financials of Kite Realty Group Trust (KRG), including yearly and quarterly data on income, cash flow, and balance sheets.
Kite Realty Group Trust (KRG) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Kite Realty Group Trust KRG financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $221.76M | $214.72M | $207.25M | $213.15M |
| Cost of Revenue | $57.59M | $54.85M | $53.58M | $154.35M |
| Gross Profit | $164.18M | $159.87M | $153.68M | $58.80M |
| Gross Profit Ratio | $0.74 | $0.74 | $0.74 | $0.28 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $12.26M | $13.55M | $13.26M | $12.97M |
| Operating Expenses | $110.40M | $110.56M | $109.31M | $112.26M |
| Total Costs & Expenses | $167.99M | $165.40M | $164.67M | $168.03M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $32.71M | $31.64M | $30.98M |
| Depreciation & Amortization | $98.23M | $98.68M | $96.66M | $99.29M |
| EBITDA | $151.92M | $153.43M | $141.02M | $144.41M |
| EBITDA Ratio | $0.69 | $0.71 | $0.68 | $0.68 |
| Operating Income | $53.78M | $49.31M | $44.96M | $45.12M |
| Operating Income Ratio | $0.24 | $0.23 | $0.22 | $0.21 |
| Other Income/Expenses (Net) | -$29.50M | -$27.30M | -$27.88M | -$98.41M |
| Income Before Tax | $24.27M | $22.01M | $17.09M | -$53.29M |
| Income Before Tax Ratio | $0.11 | $0.10 | $0.08 | -$0.25 |
| Income Tax Expense | $10000.00 | $186000.00 | $35000.00 | $132000.00 |
| Net Income | $23.73M | $21.82M | $16.73M | -$48.64M |
| Net Income Ratio | $0.11 | $0.10 | $0.08 | -$0.23 |
| EPS | $0.11 | $0.10 | $0.08 | -$0.22 |
| Diluted EPS | $0.11 | $0.10 | $0.08 | -$0.22 |
| Weighted Avg Shares Outstanding | $219.72M | $219.67M | $219.67M | $219.62M |
| Weighted Avg Shares Outstanding (Diluted) | $219.83M | $219.73M | $220.10M | $219.62M |
The company's financials show resilient growth, with revenue advancing from $213.15M in Q2 2024 to $221.76M in Q1 2025. Gross profit remained healthy with margins at 74% in Q1 2025 compared to 28% in Q2 2024. Operating income hit $53.78M last quarter, sustaining a consistent 24% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $151.92M. Net income rose to $23.73M, while earnings per share reached $0.11. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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